Jack In The Box, Inc. [JACK] stock is trading at $73.00, up 0.80%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The JACK shares have gain 3.84% over the last week, with a monthly amount drifted -8.42%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Jack In The Box, Inc. [NASDAQ: JACK] stock has seen the most recent analyst activity on January 29, 2024, when Northcoast upgraded its rating to a Buy but kept the price target unchanged to $95 for it. Previously, Deutsche Bank started tracking the stock with Hold rating on October 19, 2023, and set its price target to $71. Morgan Stanley reiterated its Equal-Weight rating and increased its price target to $102 on July 17, 2023. Piper Sandler initiated its recommendation with a Neutral and recommended $93 as its price target on June 14, 2023. Oppenheimer reiterated a Outperform rating for this stock on May 15, 2023, and upped its price target to $108. In a note dated March 31, 2023, Loop Capital initiated an Buy rating and provided a target price of $114 on this stock.
Jack In The Box, Inc. [JACK] stock has fluctuated between $60.43 and $99.56 over the past year. Currently, Wall Street analysts expect the stock to reach $97.8 within the next 12 months. Jack In The Box, Inc. [NASDAQ: JACK] shares were valued at $73.00 at the most recent close of the market. An investor can expect a potential return of 33.97% based on the average JACK price forecast.
Analyzing the JACK fundamentals
Jack In The Box, Inc. [NASDAQ:JACK] reported sales of 1.65B for the trailing twelve months, which represents a drop of -7.51%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is -0.16 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.5.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 71.95 points at the first support level, and at 70.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.45, and for the 2nd resistance point, it is at 75.91.
Jack In The Box, Inc. [JACK] reported earnings per share of $1.95 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.96/share, meaning a difference of -$0.01 and a surprise factor of -0.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.09 per share as compared to estimates of $1.15 per share, a difference of -$0.06 representing a surprise of -5.20%.
Ratios To Look Out For
For context, Jack In The Box, Inc.’s Current Ratio is 0.44. Also, the Quick Ratio is 0.43, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 0.86 and price to earnings (TTM) ratio is 12.83.
Transactions by insiders
Recent insider trading involved Ostrom Ryan Lee, EVP, Chief Mktng&Digtl Officer, that happened on Feb 16 when 328.0 shares were sold. SVP, Controller, HOOPER DAWN E completed a deal on Feb 06 to sell 223.0 shares. Meanwhile, DIRECTOR & CEO HARRIS DARIN S sold 3823.0 shares on Dec 21.
