News stories about Jack In The Box (NASDAQ:JACK) have been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jack In The Box earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the restaurant operator an impact score of 46.0298166219663 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
A number of research analysts recently issued reports on JACK shares. Zacks Investment Research raised shares of Jack In The Box from a “sell” rating to a “hold” rating in a research note on Tuesday, July 18th. Wells Fargo & Company reissued an “outperform” rating and issued a $125.00 price objective on shares of Jack In The Box in a research note on Thursday, August 3rd. BidaskClub raised shares of Jack In The Box from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. TheStreet cut shares of Jack In The Box from a “b-” rating to a “c” rating in a research note on Wednesday, August 9th. Finally, Stifel Nicolaus assumed coverage on shares of Jack In The Box in a research note on Monday, October 2nd. They issued a “hold” rating and a $105.00 price objective on the stock. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $113.38.
Jack In The Box (NASDAQ JACK) opened at $102.69 on Friday. The firm has a market capitalization of $2.98 billion, a P/E ratio of 24.21, a price-to-earnings-growth ratio of 1.53 and a beta of 0.52. The company has a debt-to-equity ratio of -2.56, a quick ratio of 0.63 and a current ratio of 0.66.
Jack In The Box (NASDAQ:JACK) last issued its quarterly earnings results on Wednesday, August 9th. The restaurant operator reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.05 by ($0.06). Jack In The Box had a net margin of 8.51% and a negative return on equity of 37.83%. The firm had revenue of $357.80 million for the quarter, compared to the consensus estimate of $360.84 million. During the same quarter in the prior year, the firm earned $1.07 earnings per share. The company’s revenue was down 3.0% on a year-over-year basis. equities research analysts expect that Jack In The Box will post 4.07 earnings per share for the current fiscal year.
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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.
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