Streetbeat News

JACK

Jack in the Box Inc.

https://www.jackinthebox.com

Industry

Restaurants

Jack in the Box Inc. operates and franchises Jack in the Box quick-service restaurants. As of November 23, 2021, it operated and franchised approximately 2,200 Jack in the Box quick-service restaurants in 21 states and Guam. The company was founded in 1951 and is headquartered in San Diego, California.

Open

46.04

Mkt cap

886M

Volume

142K

High

46.73

P/E Ratio

-24.39

52-wk high

86.20

Low

45.78

Div yield

0.04

52-wk low

40.84

US stock futures indicate a rebound, with Nvidia's positive movement contributing to the optimism despite retail earnings disappointments. Economic data on jobs, consumer sentiment, and durable goods orders are expected to influence the market. The S&P 500 and Nasdaq ended a five-session winning streak on Tuesday. Analyst Adam Turnquist of LPL Financial highlights the broadening market rally and investor focus on the S&P 500 resistance level at 4,600. Premarket trading saw gains for SPY and QQQ ETFs. Nvidia recovered in premarket trading, while Deere & Co. and other companies faced declines post-earnings. Oil futures and USO dropped, while the TLT ETF rose in premarket trading amid a decline in the 10-year Treasury note yield.

Portfolio Pulse from Shanthi Rexaline

November 22, 2023 | 12:24 pm

TD Cowen analyst Andrew Charles has maintained a Market Perform rating on Jack In The Box (NASDAQ:JACK) and increased the price target from $66 to $71.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 8:55 am

Jack In The Box has provided its FY24 earnings per share (EPS) guidance in the range of $6.25-$6.50, which is below the estimated $6.60.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:10 pm

Jack In The Box reported its Q4 2023 adjusted earnings per share (EPS) of $1.09, which fell short of the analyst estimate of $1.15. However, the company's revenue of $372.524 million slightly exceeded the estimate of $372.382 million.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 9:07 pm

Stocks edged down ahead of the release of the FOMC minutes and Nvidia's earnings report. Disappointing results from Lowe's, Kohls, and Best Buy influenced market sentiment. Gold prices surged past $2,000 per ounce due to the dollar's weakness. Sector ETFs saw mixed performance, with healthcare and materials up, while tech and real estate were down. Agilent Technologies rose after earnings, while AMC hit a new low. Other companies are set to report earnings after market close. USO, TLT, and global equity ETFs like FEZ saw slight declines, while ARGT dropped after a previous rally. Cryptocurrencies Bitcoin and Ethereum also fell.

Portfolio Pulse from Piero Cingari

November 21, 2023 | 6:23 pm

Numerous companies are scheduled to report their earnings on November 21, 2023, both before the opening bell and after the closing bell. The list includes a variety of sectors, with companies such as Golden Ocean Group, Burlington Stores, Analog Devices, Best Buy, Lowe's Companies, NVIDIA, and HP among others. The earnings reports will provide investors with insights into each company's financial health and performance for the respective quarters.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 12:12 pm

Ahead of Nvidia's earnings, Nasdaq and S&P 500 futures indicate a modestly lower open. Analysts suggest a potential pause after recent gains but remain optimistic for a seasonal rally into year-end. Traders are watching the December Fed meeting minutes and bond yields. U.S. stocks had a strong performance on Monday, with technology stocks leading. Futures for SPDR S&P 500 ETF Trust and Invesco QQQ ETF are slightly down in premarket trading. Several companies, including Agilent Technologies and Baidu, reported earnings, with more companies scheduled to release their results.

Portfolio Pulse from Shanthi Rexaline

November 21, 2023 | 12:11 pm

Jack In The Box (NASDAQ:JACK) is expected to release its quarterly earnings report on Tuesday, 2023-11-21, with analysts predicting an EPS of $1.15. Investors are looking for an earnings beat and positive guidance for future growth. Historically, the company's stock price has shown mixed reactions to earnings reports. Shares are currently trading at $69.97, down 1.78% over the last 52 weeks. The upcoming earnings report could influence the stock's performance, especially if the company's guidance differs from expectations.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 2:00 pm

Wedbush analyst Nick Setyan has maintained a Neutral rating on Jack In The Box (NASDAQ:JACK) and reduced the price target from $95 to $72.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 11:49 am

Jack In The Box (NASDAQ:JACK) has received mostly indifferent analyst ratings in the last quarter, with 6 out of 7 ratings being neutral. The average 12-month price target among 7 analysts is $80.29, with a high of $101.00 and a low of $70.00. This target has decreased by 15.26% from the previous average of $94.75. Analysts typically review stocks quarterly or after major company updates, considering factors like future earnings and revenue predictability.

Portfolio Pulse from Benzinga Insights

November 16, 2023 | 7:00 pm

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