Key Points
- CEO Lance Tucker purchased 5,000 shares at an average price of $17.29 on Nov. 24 for $86,450, raising his direct stake to 84,555 shares (a 6.28% increase), as disclosed in an SEC Form 4.
- Jack In The Box missed recent quarterly expectations with $0.30 EPS vs. $0.46 consensus, reported $326.19M in revenue (down 6.6% year‑over‑year) and showed a negative net margin (-4.34%) and negative ROE (-11.31%).
- JACK trades near $17.36 with a market cap of about $328M and a 52‑week range of $13.99–$50.45; analysts' average rating is "Hold" with an average target price of $23.90.
Jack In The Box Inc. (NASDAQ:JACK - Get Free Report) CEO Lance Tucker purchased 5,000 shares of the company's stock in a transaction on Monday, November 24th. The stock was purchased at an average cost of $17.29 per share, for a total transaction of $86,450.00. Following the purchase, the chief executive officer directly owned 84,555 shares in the company, valued at approximately $1,461,955.95. This trade represents a 6.28% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Jack In The Box Price Performance
JACK stock opened at $17.36 on Tuesday. The stock has a market capitalization of $328.05 million, a P/E ratio of -5.03 and a beta of 1.20. Jack In The Box Inc. has a fifty-two week low of $13.99 and a fifty-two week high of $50.45. The business has a 50-day moving average of $17.58 and a 200-day moving average of $19.21.
Jack In The Box (NASDAQ:JACK - Get Free Report) last released its earnings results on Wednesday, November 19th. The restaurant operator reported $0.30 EPS for the quarter, missing the consensus estimate of $0.46 by ($0.16). The firm had revenue of $326.19 million during the quarter, compared to the consensus estimate of $324.23 million. Jack In The Box had a negative net margin of 4.34% and a negative return on equity of 11.31%. The company's revenue was down 6.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.16 EPS. Equities analysts expect that Jack In The Box Inc. will post 5.33 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on JACK. Royal Bank Of Canada decreased their target price on shares of Jack In The Box from $22.00 to $16.00 and set an "outperform" rating for the company in a research report on Thursday, November 20th. Bank of America initiated coverage on Jack In The Box in a research report on Monday, October 13th. They issued a "buy" rating and a $22.00 target price on the stock. Mizuho upgraded Jack In The Box to a "hold" rating in a report on Tuesday, October 28th. Piper Sandler decreased their price target on Jack In The Box from $19.00 to $17.00 and set a "neutral" rating for the company in a research note on Friday. Finally, Morgan Stanley set a $20.00 price objective on Jack In The Box in a research note on Tuesday, October 21st. Five equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $23.90.
Check Out Our Latest Research Report on Jack In The Box
Hedge Funds Weigh In On Jack In The Box
A number of institutional investors have recently bought and sold shares of JACK. Charles Schwab Investment Management Inc. lifted its position in shares of Jack In The Box by 5.9% in the first quarter. Charles Schwab Investment Management Inc. now owns 462,152 shares of the restaurant operator's stock valued at $12,566,000 after buying an additional 25,791 shares during the last quarter. Invesco Ltd. raised its stake in Jack In The Box by 16.0% in the 1st quarter. Invesco Ltd. now owns 120,971 shares of the restaurant operator's stock valued at $3,289,000 after acquiring an additional 16,667 shares during the period. Magnetar Financial LLC acquired a new stake in Jack In The Box during the 1st quarter valued at $222,000. Bayforest Capital Ltd bought a new position in Jack In The Box during the first quarter worth $618,000. Finally, Invenomic Capital Management LP increased its holdings in shares of Jack In The Box by 43.5% in the first quarter. Invenomic Capital Management LP now owns 511,954 shares of the restaurant operator's stock valued at $13,920,000 after purchasing an additional 155,197 shares during the last quarter. Institutional investors and hedge funds own 99.79% of the company's stock.
Jack In The Box Company Profile
(
Get Free Report)
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.
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