Analysts predict Jack In The Box, Inc. (JACK) stock to reach $76.08 in the next 12 months

Jack In The Box, Inc. [JACK] stock is trading at $46.47, up 4.40%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The JACK shares have lost -0.51% over the last week, with a monthly amount glided 1.77%, and 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 June 13, 2024, when Goldman initiated its Sell rating and assigned the stock a price target of $55. On March 14, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $88 on the stock. Northcoast upgraded its rating to a Buy but stick to its price target of $95 on January 29, 2024. Deutsche Bank initiated its recommendation with a Hold and recommended $71 as its price target on October 19, 2023. In a note dated July 17, 2023, Morgan Stanley reiterated an Equal-Weight rating on this stock and boosted its target price from $96 to $102.

Jack In The Box, Inc. [JACK] stock has fluctuated between $40.84 and $86.20 over the past year. Currently, Wall Street analysts expect the stock to reach $76.08 within the next 12 months. Jack In The Box, Inc. [NASDAQ: JACK] shares were valued at $46.47 at the most recent close of the market. An investor can expect a potential return of 63.72% based on the average JACK price forecast.

Analyzing the JACK fundamentals

Jack In The Box, Inc. [NASDAQ:JACK] reported sales of 1.59B for the trailing twelve months, which represents a drop of -7.00%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is 0.05 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-2.24.

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 45.07 points at the first support level, and at 43.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.64, and for the 2nd resistance point, it is at 48.80.

Ratios To Look Out For

For context, Jack In The Box, Inc.’s Current Ratio is 0.43. Further, the Quick Ratio stands at 0.42, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.56.

Transactions by insiders

Recent insider trading involved Scott Brian M., EVP, Chief Financial Officer, that happened on Aug 29 ’24 when 696.0 shares were sold. DIRECTOR & CEO, HARRIS DARIN S completed a deal on Jun 25 ’24 to sell 598.0 shares. Meanwhile, SVP, CHIEF OPERATING OFFICER DARDEN TONY J sold 54.0 shares on Jun 24 ’24.

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