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

31.18

Mkt cap

591M

Volume

810K

High

32.15

P/E Ratio

-16.76

52-wk high

74.24

Low

30.76

Div yield

0.04

52-wk low

30.76

Goldman Sachs has initiated coverage on Jack In The Box (NASDAQ:JACK) with a Sell rating and a price target of $55.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 11:10 am

Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY) reported disappointing Q1 results, leading to a 10.6% drop in pre-market trading. Other stocks experiencing losses include J.Jill, Inc. (NYSE:JILL), Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE), Virgin Galactic Holdings, Inc. (NYSE:SPCE), ZKH Group Limited (NYSE:ZKH), Jack in the Box Inc (NASDAQ:JACK), and Toyota Motor Corporation (NYSE:TM).

Portfolio Pulse from Avi Kapoor

June 13, 2024 | 9:51 am

Jack in the Box has announced an agreement to open 15 new locations in Georgia, marking its entry into the state and continued growth in the Southeastern US.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 4:10 pm

RBC Capital analyst Logan Reich has reiterated an Outperform rating on Jack In The Box (NASDAQ:JACK) and maintained a $75 price target.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 2:42 pm

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

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