Jack in the Box Inc. (NASDAQ:JACK) declared a dividend on Friday, November 15th, Fidelity reports. Investors of record on Thursday, December 5th will be given a dividend of 0.40 per share by the restaurant operator on Friday, December 20th. The ex-dividend date of this dividend is Wednesday, December 4th.
JACK stock opened at $79.29 on Monday. Jack in the Box has a 52 week low of $70.77 and a 52 week high of $93.12. The firm’s fifty day moving average is $84.18 and its 200 day moving average is $83.77. The firm has a market cap of $1.88 billion, a P/E ratio of 18.23, a P/E/G ratio of 1.47 and a beta of 0.22.
Jack in the Box (NASDAQ:JACK) last released its earnings results on Wednesday, November 20th. The restaurant operator reported $0.95 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by ($0.01). Jack in the Box had a net margin of 9.94% and a negative return on equity of 18.08%. The business had revenue of $221.24 million for the quarter, compared to the consensus estimate of $222.68 million. During the same period in the prior year, the business posted $0.77 EPS. Jack in the Box’s revenue for the quarter was up 24.7% on a year-over-year basis. As a group, equities analysts predict that Jack in the Box will post 4.5 earnings per share for the current fiscal year.
In other Jack in the Box news, Director David Goebel sold 2,000 shares of Jack in the Box stock in a transaction dated Monday, September 30th. The shares were sold at an average price of $90.93, for a total value of $181,860.00. Following the completion of the transaction, the director now directly owns 18,890 shares of the company’s stock, valued at $1,717,667.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Leonard A. Comma sold 20,231 shares of Jack in the Box stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $77.26, for a total transaction of $1,563,047.06. Following the completion of the transaction, the chief executive officer now directly owns 193,413 shares of the company’s stock, valued at $14,943,088.38. The disclosure for this sale can be found here. Insiders have sold a total of 29,770 shares of company stock worth $2,412,810 in the last ninety days. Insiders own 2.30% of the company’s stock.
A number of brokerages have issued reports on JACK. Credit Suisse Group reissued a “sell” rating and issued a $78.00 price target on shares of Jack in the Box in a report on Sunday, November 24th. Robert W. Baird raised their price target on shares of Jack in the Box from $95.00 to $104.00 and gave the stock an “outperform” rating in a report on Friday, August 9th. Morgan Stanley set a $89.00 price target on shares of Jack in the Box and gave the stock a “hold” rating in a report on Friday, August 9th. ValuEngine raised shares of Jack in the Box from a “sell” rating to a “hold” rating in a report on Wednesday, November 20th. Finally, BidaskClub lowered shares of Jack in the Box from a “sell” rating to a “strong sell” rating in a report on Wednesday, November 27th. Three investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $92.60.
About Jack in the Box
Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants. As of March 19, 2019, it operated and franchised approximately 2,200 Jack in the Box restaurants in 21 states and Guam. The company was founded in 1951 and is headquartered in San Diego, California.
Read More: Understanding the two types of arbitrage
Receive News & Ratings for Jack in the Box Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jack in the Box and related companies with MarketBeat.com's FREE daily email newsletter.