Jack in the Box (NASDAQ:JACK) Announces Earnings Results

Jack in the Box (NASDAQ:JACK) announced its quarterly earnings results on Tuesday. The restaurant operator reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.71 by $0.21, Zacks reports. Jack in the Box had a negative net margin of 2.34% and a negative return on equity of 15.79%. The business had revenue of $469.44 million during the quarter, compared to analysts’ expectations of $470.47 million. Jack in the Box updated its FY 2025 guidance to 5.050-5.450 EPS.

Jack in the Box Price Performance

NASDAQ:JACK opened at $33.95 on Wednesday. Jack in the Box has a 12 month low of $32.69 and a 12 month high of $76.56. The firm has a market capitalization of $640.16 million, a PE ratio of -17.41, a price-to-earnings-growth ratio of 1.29 and a beta of 1.94. The business’s fifty day moving average price is $39.60 and its 200 day moving average price is $44.61.

Analyst Upgrades and Downgrades

JACK has been the subject of several research reports. Piper Sandler dropped their target price on shares of Jack in the Box from $56.00 to $53.00 and set a “neutral” rating for the company in a report on Wednesday, October 30th. Wedbush cut Jack in the Box from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $50.00 to $40.00 in a research note on Friday, February 21st. Barclays decreased their target price on Jack in the Box from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Wednesday. TD Cowen reaffirmed a “hold” rating and issued a $50.00 target price on shares of Jack in the Box in a research report on Thursday, November 21st. Finally, Oppenheimer reduced their price target on shares of Jack in the Box from $60.00 to $52.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 7th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Jack in the Box has an average rating of “Hold” and a consensus target price of $50.50.

Insiders Place Their Bets

In other news, SVP Sarah L. Super sold 1,688 shares of the firm’s stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $40.52, for a total transaction of $68,397.76. Following the sale, the senior vice president now owns 16,815 shares of the company’s stock, valued at approximately $681,343.80. This trade represents a 9.12 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 2,190 shares of company stock valued at $92,961 in the last ninety days. Insiders own 1.40% of the company’s stock.

Jack in the Box Company Profile

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.