Jack in the Box (JACK) Getting Somewhat Favorable Press Coverage, Study Shows

Headlines about Jack in the Box (NASDAQ:JACK) have been trending somewhat positive on Monday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Jack in the Box earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the restaurant operator an impact score of 46.6435283327018 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.

Here are some of the media headlines that may have effected Accern’s rankings:

A number of research firms have issued reports on JACK. Robert W. Baird reiterated a “buy” rating and set a $115.00 target price on shares of Jack in the Box in a report on Tuesday, September 19th. Wedbush reiterated a “buy” rating and set a $115.00 target price on shares of Jack in the Box in a report on Friday, October 13th. Wells Fargo & Company lowered their target price 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. Oppenheimer reiterated an “outperform” rating and set a $125.00 target price on shares of Jack in the Box in a report on Thursday, August 10th. Finally, Telsey Advisory Group reiterated a “market perform” rating on shares of Jack in the Box in a report on Thursday, August 10th. Seven investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Jack in the Box presently has an average rating of “Buy” and an average target price of $112.62.

Jack in the Box (JACK) opened at $105.20 on Monday. The firm has a market capitalization of $3,100.00, a PE ratio of 27.11, a PEG ratio of 1.67 and a beta of 0.51. The company has a quick ratio of 0.63, a current ratio of 0.53 and a debt-to-equity ratio of -2.79. Jack in the Box has a 1-year low of $90.89 and a 1-year high of $113.30.

Jack in the Box (NASDAQ:JACK) last announced its quarterly earnings data on Wednesday, November 29th. The restaurant operator reported $0.73 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($0.16). The company had revenue of $338.75 million during the quarter, compared to the consensus estimate of $341.34 million. Jack in the Box had a net margin of 8.71% and a negative return on equity of 30.55%. Jack in the Box’s revenue was down 15.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 EPS. sell-side analysts expect that Jack in the Box will post 4.58 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Monday, December 4th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend is Friday, December 1st. Jack in the Box’s payout ratio is 35.63%.

In other news, insider Frances L. Allen sold 530 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $102.71, for a total value of $54,436.30. Following the completion of the transaction, the insider now owns 10,979 shares in the company, valued at approximately $1,127,653.09. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.10% of the stock is owned by company insiders.

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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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