Jack in the Box (JACK) Expected to Announce Earnings on Tuesday

Jack in the Box (NASDAQ:JACK) is anticipated to issue its quarterly earnings data after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $1.71 per share and revenue of $470.47 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Jack in the Box Trading Down 2.1 %

JACK opened at $38.46 on Monday. The company’s fifty day moving average price is $39.90 and its two-hundred day moving average price is $44.85. Jack in the Box has a 1-year low of $36.36 and a 1-year high of $76.56. The company has a market cap of $725.36 million, a price-to-earnings ratio of -19.72, a PEG ratio of 1.29 and a beta of 1.94.

Analyst Ratings Changes

JACK has been the topic of several research reports. Wedbush downgraded shares of Jack in the Box from an “outperform” rating to a “neutral” rating and lowered their price objective for the stock from $50.00 to $40.00 in a report on Friday. Piper Sandler lowered their price objective on shares of Jack in the Box from $56.00 to $53.00 and set a “neutral” rating on the stock in a report on Wednesday, October 30th. Barclays increased their target price on shares of Jack in the Box from $46.00 to $50.00 and gave the company an “equal weight” rating in a report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Jack in the Box from $51.00 to $46.00 and set a “hold” rating for the company in a report on Thursday, November 21st. Finally, TD Cowen reiterated a “hold” rating and issued a $50.00 target price on shares of Jack in the Box in a report on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $52.13.

Insider Activity at Jack in the Box

In other Jack in the Box news, SVP Sarah L. Super sold 1,688 shares of the stock in a transaction dated Monday, December 23rd. The shares were sold at an average price of $40.52, for a total transaction of $68,397.76. Following the completion of the transaction, the senior vice president now owns 16,815 shares in the company, valued at $681,343.80. This trade represents a 9.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders sold 2,190 shares of company stock worth $92,961. 1.40% of the stock is owned by company insiders.

About Jack in the Box

Jack in the Box Inc operates and franchises Jack in the Box and Del Taco quick-service restaurants in the United States. The company was founded in 1951 and is headquartered in San Diego, California.