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

Jack In The Box Inc (NASDAQ:JACK) reported better-than-expected Q2 FY24 adjusted EPS but missed sales estimates. The company saw a 7.7% decline in sales and a 2.5% decrease in same-store sales. Analysts have cut their price targets following the results.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 11:57 am

Top Wall Street analysts have updated their outlooks on several major stocks, including Dell Technologies, Assurant, Insmed, Nu Holdings, Hyatt Hotels, Boot Barn, General Mills, Accenture, Jack in the Box, and On Holding. Notable changes include price target increases for Dell, Assurant, Insmed, Nu Holdings, Hyatt Hotels, Boot Barn, General Mills, and On Holding, while Accenture and Jack in the Box saw price target reductions.

Portfolio Pulse from Avi Kapoor

May 15, 2024 | 11:50 am

Morgan Stanley analyst John Glass maintains an Equal-Weight rating on Jack In The Box (NASDAQ:JACK) but lowers the price target from $75 to $70.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 11:04 am

B of A Securities analyst Sara Senatore maintains a Buy rating on Jack In The Box (NASDAQ:JACK) but lowers the price target from $87 to $83.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 10:56 am

TD Cowen analyst Andrew Charles maintains a Hold rating on Jack In The Box (NASDAQ:JACK) but lowers the price target from $73 to $59.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 10:37 am

Wedbush analyst Nick Setyan maintains an Outperform rating on Jack In The Box (NASDAQ:JACK) but lowers the price target from $78 to $68.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 9:53 am

TD Cowen analyst Andrew Charles has reiterated a Hold rating on Jack In The Box (NASDAQ:JACK) and maintained a $73 price target.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 3:36 pm

Jack In The Box Inc (NASDAQ:JACK) reported better-than-expected Q2 FY24 adjusted EPS but saw a decline in sales and same-store sales. The company reduced its FY24 EPS and adjusted EBITDA outlook, despite a positive reaction in its stock price, rising 9.25%.

Portfolio Pulse from Shivani Kumaresan

May 14, 2024 | 3:07 pm

Jack in the Box has revised its FY24 EPS forecast, reducing the upper end from $6.25-$6.50 to $6.25-$6.40, compared to the market estimate of $6.33.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:06 pm

Jack In The Box reported Q2 adjusted earnings of $1.46 per share, surpassing the $1.42 estimate, but its sales of $365.35M fell short of the $368.64M forecast. This represents a slight decrease in earnings and a 7.68% drop in sales from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 1:03 pm

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