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

48.37

Mkt cap

905M

Volume

420K

High

49.35

P/E Ratio

-24.91

52-wk high

86.20

Low

47.28

Div yield

0.04

52-wk low

40.84

UBS analyst Dennis Geiger has maintained a Neutral rating on Jack In The Box (NASDAQ:JACK) but has lowered the price target from $80 to $77.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 5:13 pm

Jack In The Box Inc. (NASDAQ:JACK) reported Q4 earnings of $1.09 per share, missing the $1.15 estimate, but slightly beat revenue expectations with $372.524 million. The company's full-year 2024 earnings forecast is below estimates at $6.25 to $6.50 per share, compared to the expected $6.60. Despite this, JACK shares rose 3.5% to $71.28. Analysts from TD Cowen, Morgan Stanley, and RBC Capital adjusted their price targets following the earnings report.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 4:56 pm

RBC Capital analyst Christopher Carril maintains an Outperform rating on Jack In The Box (NASDAQ:JACK) but lowers the price target from $80 to $78.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 3:33 pm

Morgan Stanley analyst Brian Harbour has maintained an Equal-Weight rating on Jack In The Box (NASDAQ:JACK) but has lowered the price target from $80 to $78.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 1:36 pm

Wall Street analysts have updated their price targets and ratings for several US-listed companies. Telsey Advisory Group raised Hibbett, Inc.'s target to $73 and maintained an Outperform rating. Piper Sandler downgraded Autodesk, Inc. and cut its target to $215. TD Cowen raised Jack in the Box Inc.'s target to $71 with a Market Perform rating. Keybanc reduced Salesforce, Inc.'s target to $268 but kept an Overweight rating. RBC Capital increased GoDaddy Inc.'s target to $124 and upgraded the stock to Outperform. JP Morgan raised The Clorox Company's target to $145 and upgraded it to Neutral. Morgan Stanley downgraded Virgin Galactic Holdings, Inc. and slashed its target to $1.75. Telsey Advisory Group increased DICK'S Sporting Goods, Inc.'s target to $145 with an Outperform rating. Telsey also lowered Best Buy Co., Inc.'s target to $75 with a Market Perform rating. Lastly, Citigroup upgraded Ovintiv Inc. to Buy and raised its target to $52.

Portfolio Pulse from Lisa Levin

November 22, 2023 | 12:54 pm

Wedbush analyst Nick Setyan has reiterated a Neutral rating on Jack In The Box (NASDAQ:JACK) and maintained a $72 price target on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 12:43 pm

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

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