Jack in the Box Inc. (NASDAQ:JACK – Free Report) – Investment analysts at Wedbush dropped their Q1 2025 earnings estimates for Jack in the Box in a report released on Thursday, November 21st. Wedbush analyst N. Setyan now forecasts that the restaurant operator will post earnings of $1.67 per share for the quarter, down from their prior forecast of $1.78. Wedbush currently has a “Outperform” rating and a $50.00 target price on the stock. The consensus estimate for Jack in the Box’s current full-year earnings is $5.41 per share. Wedbush also issued estimates for Jack in the Box’s Q2 2025 earnings at $1.16 EPS, Q3 2025 earnings at $1.28 EPS, Q4 2025 earnings at $1.05 EPS and Q1 2026 earnings at $1.85 EPS.
JACK has been the subject of several other reports. Barclays upped their target price on Jack in the Box from $46.00 to $50.00 and gave the company an “equal weight” rating in a research note on Thursday, November 21st. Truist Financial dropped their price objective on shares of Jack in the Box from $70.00 to $57.00 and set a “buy” rating for the company in a research note on Friday. StockNews.com upgraded shares of Jack in the Box from a “sell” rating to a “hold” rating in a report on Thursday, November 21st. TD Cowen reaffirmed a “hold” rating and set a $50.00 price target on shares of Jack in the Box in a research note on Thursday, November 21st. Finally, Guggenheim lowered their price target on Jack in the Box from $95.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday, November 20th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Jack in the Box has a consensus rating of “Hold” and a consensus target price of $60.38.
Jack in the Box Stock Up 0.9 %
Shares of Jack in the Box stock opened at $47.95 on Monday. Jack in the Box has a fifty-two week low of $40.84 and a fifty-two week high of $86.20. The business’s fifty day moving average is $46.44 and its two-hundred day moving average is $50.11. The firm has a market cap of $902.90 million, a PE ratio of -24.59, a P/E/G ratio of 1.34 and a beta of 1.93.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Manning & Napier Advisors LLC bought a new position in Jack in the Box during the second quarter valued at about $3,311,000. Aigen Investment Management LP raised its stake in shares of Jack in the Box by 238.5% in the 3rd quarter. Aigen Investment Management LP now owns 21,869 shares of the restaurant operator’s stock valued at $1,018,000 after acquiring an additional 15,409 shares in the last quarter. Access Investment Management LLC acquired a new stake in Jack in the Box in the 3rd quarter worth approximately $1,475,000. Allspring Global Investments Holdings LLC lifted its holdings in Jack in the Box by 26.2% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 626,955 shares of the restaurant operator’s stock worth $31,937,000 after purchasing an additional 130,214 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Jack in the Box by 8.3% during the second quarter. Bank of New York Mellon Corp now owns 245,491 shares of the restaurant operator’s stock worth $12,505,000 after purchasing an additional 18,874 shares during the period. Institutional investors own 99.79% of the company’s stock.
Insider Activity
In related news, CFO Brian M. Scott sold 696 shares of the stock in a transaction that occurred on 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 owns 13,201 shares in the company, valued at approximately $642,360.66. This represents a 5.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.60% of the stock is currently owned by corporate insiders.
Jack in the Box Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Thursday, December 12th will be paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.67%. The ex-dividend date of this dividend is Thursday, December 12th. Jack in the Box’s dividend payout ratio (DPR) is currently -90.26%.
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.
Further Reading
- Five stocks we like better than Jack in the Box
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Abacus Life’s CEO on Cracking the Code of Longevity Returns
- Do ETFs Pay Dividends? What You Need to Know
- Elon Musk and Trump Push for Self-Driving Cars: 3 Stocks to Gain
- How to buy stock: A step-by-step guide for beginners
- Discover the 3 Best Performing Stocks That Went Public in 2024
Receive News & Ratings for Jack in the Box Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jack in the Box and related companies with MarketBeat.com's FREE daily email newsletter.