Jack in the Box (JACK) Scheduled to Post Earnings on Wednesday

Jack in the Box (NASDAQ:JACK) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, November 20th. Analysts expect the company to announce earnings of $1.15 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Jack in the Box Trading Down 3.6 %

JACK stock opened at $44.76 on Monday. The company has a market capitalization of $856.26 million, a P/E ratio of -22.49, a PEG ratio of 0.70 and a beta of 1.93. The business has a 50 day simple moving average of $46.00 and a 200-day simple moving average of $50.44. Jack in the Box has a twelve month low of $40.84 and a twelve month high of $86.20.

Jack in the Box Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 19th. Investors of record on Friday, August 30th were given a $0.44 dividend. This represents a $1.76 annualized dividend and a yield of 3.93%. The ex-dividend date was Friday, August 30th. Jack in the Box’s dividend payout ratio (DPR) is presently -88.44%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. StockNews.com lowered Jack in the Box from a “hold” rating to a “sell” rating in a report on Wednesday, August 7th. Royal Bank of Canada reiterated an “outperform” rating and issued a $70.00 price target on shares of Jack in the Box in a report on Monday, November 4th. Wedbush decreased their price objective on shares of Jack in the Box from $68.00 to $60.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Bank of America upped their target price on shares of Jack in the Box from $72.00 to $73.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Finally, Barclays reduced their price target on shares of Jack in the Box from $57.00 to $46.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 22nd. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $63.44.

Insider Buying and Selling

In other Jack in the Box news, CFO Brian M. Scott sold 696 shares of the firm’s stock in a transaction dated Thursday, August 29th. The stock was sold at an average price of $48.66, for a total value of $33,867.36. Following the transaction, the chief financial officer now directly owns 13,201 shares of the company’s stock, valued at $642,360.66. This trade represents a 5.01 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.60% of the company’s stock.

About Jack in the Box

Jack in the Box Inc operates and franchises Jack in the Box and Del Taco quick-service restaurants in the United States. The company was founded in 1951 and is headquartered in San Diego, California.