Jack in the Box (JACK) to Release Earnings on Tuesday

Jack in the Box (NASDAQ:JACK) will be releasing its earnings data after the market closes on Tuesday, February 20th. Analysts expect Jack in the Box to post earnings of $1.31 per share for the quarter.

Jack in the Box (NASDAQ:JACK) last released its earnings results on Wednesday, November 29th. The restaurant operator reported $0.73 EPS for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.16). Jack in the Box had a negative return on equity of 30.55% and a net margin of 8.71%. The firm had revenue of $338.75 million for the quarter, compared to analyst estimates of $341.34 million. During the same period last year, the firm earned $1.03 EPS. The company’s revenue for the quarter was down 15.0% compared to the same quarter last year. On average, analysts expect Jack in the Box to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of Jack in the Box (JACK) opened at $83.07 on Tuesday. Jack in the Box has a twelve month low of $79.30 and a twelve month high of $113.00. The company has a market capitalization of $2,450.00, a PE ratio of 18.50, a P/E/G ratio of 1.51 and a beta of 0.42. The company has a current ratio of 0.53, a quick ratio of 0.51 and a debt-to-equity ratio of -2.79.

A number of brokerages have issued reports on JACK. Wedbush raised Jack in the Box from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $104.00 to $115.00 in a report on Friday, January 26th. Wells Fargo & Co decreased their price target on Jack in the Box from $120.00 to $117.00 and set an “outperform” rating for the company in a report on Wednesday, November 15th. BidaskClub downgraded Jack in the Box from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 19th. Goldman Sachs Group raised Jack in the Box from a “sell” rating to a “neutral” rating in a report on Friday, January 5th. Finally, Barclays reissued an “equal weight” rating and issued a $101.00 price target (up from $100.00) on shares of Jack in the Box in a report on Tuesday, January 16th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $111.31.

In other news, CEO Leonard A. Comma sold 9,436 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $99.78, for a total value of $941,524.08. Following the completion of the sale, the chief executive officer now directly owns 181,320 shares in the company, valued at $18,092,109.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Frances L. Allen sold 1,151 shares of the business’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $99.78, for a total value of $114,846.78. Following the completion of the sale, the insider now owns 13,209 shares of the company’s stock, valued at $1,317,994.02. The disclosure for this sale can be found here. Insiders sold 25,671 shares of company stock valued at $2,586,928 over the last 90 days. Company insiders own 2.60% of the company’s stock.

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About Jack in the Box

Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Eats (Qdoba) fast-casual restaurants. The Company operates in two segments: Jack in the Box and Qdoba restaurant operations. Qdoba is a fast-casual Mexican food brand in the United States, offering food items including burritos, tacos, salads, and quesadillas.

Earnings History for Jack in the Box (NASDAQ:JACK)

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