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

TD Cowen analyst Andrew Charles has reiterated a Hold rating on Jack In The Box (NASDAQ:JACK) and maintained a price target of $59.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 9:49 am

Jack In The Box has announced a collaboration with rapper Ice Cube to introduce a new Munchie Meal celebrating California. This partnership aims to attract more customers and boost sales.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 5:17 pm

Jack In The Box has announced new franchise commitments for five locations in Tallahassee and ten locations in Orlando, although specific sites have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 10:11 am

KeyBanc Capital Markets analyst Eric Gonzalez reiterated an Overweight rating and $310 price target for McDonald's (MCD) despite a 15% year-to-date decline. The decline is attributed to softening global same-store sales trends. However, Gonzalez expects improvement in the second half of the year, driven by initiatives like the $5 meal deal. The value war in the fast-food industry is also noted, with competitors like Wendy's (WEN), Burger King (QSR), and Jack in the Box (JACK) responding to McDonald's aggressive pricing strategies.

Portfolio Pulse from Shanthi Rexaline

May 31, 2024 | 9:31 am

Beyond Meat Inc. (NASDAQ:BYND) faces challenges as Carl's Jr. and Del Taco, owned by Jack In The Box Inc. (NASDAQ:JACK), remove its products due to declining consumer interest. Despite a recent stock rally, Beyond Meat's first-quarter revenue fell 18% year-over-year. Investors can gain exposure via Vanguard Consumer Staples ETF (NYSE:VDC) and iShares Russell 2000 Growth ETF (NYSE:IWO).

Portfolio Pulse from Shivani Kumaresan

May 21, 2024 | 10:35 am

RBC Capital analyst Logan Reich has assumed coverage of Jack In The Box (NASDAQ:JACK) with an Outperform rating and set a price target of $75.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 10:13 am

Loop Capital maintains a Buy rating on Jack In The Box (NASDAQ:JACK) but lowers the price target from $118 to $112.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 5:44 pm

Oppenheimer analyst Brian Bittner maintains an Outperform rating on Jack In The Box (NASDAQ:JACK) but lowers the price target from $98 to $75.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 2:52 pm

Truist Securities analyst Jake Bartlett maintains a Buy rating on Jack In The Box (NASDAQ:JACK) but lowers the price target from $99 to $83.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:51 pm

Barclays analyst Jeffrey Bernstein maintains an Equal-Weight rating on Jack In The Box (NASDAQ:JACK) but lowers the price target from $80 to $60.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 12:46 pm

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