Jack in the Box Inc. (NASDAQ:JACK) was the recipient of unusually large options trading activity on Monday. Investors bought 4,536 call options on the company. This represents an increase of 674% compared to the typical volume of 586 call options.
Jack in the Box (JACK) traded up $1.63 on Wednesday, hitting $83.58. 577,935 shares of the company were exchanged, compared to its average volume of 879,307. The company has a debt-to-equity ratio of -2.79, a quick ratio of 0.51 and a current ratio of 0.53. The stock has a market capitalization of $2,460.00, a P/E ratio of 18.61, a price-to-earnings-growth ratio of 1.53 and a beta of 0.42. Jack in the Box has a one year low of $79.30 and a one year high of $113.00.
Jack in the Box (NASDAQ:JACK) last posted its quarterly earnings data on Wednesday, November 29th. The restaurant operator reported $0.73 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $338.75 million during the quarter, compared to analysts’ expectations of $341.34 million. During the same period in the previous year, the business posted $1.03 EPS. The business’s quarterly revenue was down 15.0% compared to the same quarter last year. research analysts predict that Jack in the Box will post 4.02 EPS for the current fiscal year.
In other news, CEO Leonard A. Comma sold 9,436 shares of Jack in the Box 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 $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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Dean C. Gordon sold 278 shares of Jack in the Box stock in a transaction that occurred on Friday, December 8th. The stock was sold at an average price of $102.22, for a total transaction of $28,417.16. Following the completion of the sale, the vice president now owns 3,924 shares of the company’s stock, valued at $401,111.28. 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 quarter. Company insiders own 2.60% of the company’s stock.
Large investors have recently modified their holdings of the business. Meeder Asset Management Inc. lifted its holdings in Jack in the Box by 597.5% during the fourth quarter. Meeder Asset Management Inc. now owns 1,123 shares of the restaurant operator’s stock valued at $110,000 after purchasing an additional 962 shares in the last quarter. Cerebellum GP LLC purchased a new position in Jack in the Box during the fourth quarter valued at approximately $118,000. Royal Bank of Canada lifted its holdings in Jack in the Box by 9.0% during the second quarter. Royal Bank of Canada now owns 1,274 shares of the restaurant operator’s stock valued at $126,000 after purchasing an additional 105 shares in the last quarter. Vident Investment Advisory LLC purchased a new position in Jack in the Box during the third quarter valued at approximately $203,000. Finally, Diligent Investors LLC purchased a new position in Jack in the Box during the third quarter valued at approximately $206,000. 98.99% of the stock is currently owned by institutional investors and hedge funds.
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Jack in the Box Company Profile
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.
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