Jack in the Box Inc. (NASDAQ:JACK)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $90.86 and last traded at $92.86, with a volume of 1208700 shares trading hands. The stock had previously closed at $94.64.

JACK has been the subject of several research analyst reports. Stifel Nicolaus initiated coverage on Jack in the Box in a report on Monday, October 2nd. They set a “hold” rating and a $105.00 price target for the company. Telsey Advisory Group upgraded Jack in the Box from a “market perform” rating to an “outperform” rating and set a $118.00 price target for the company in a report on Wednesday, October 4th. Zacks Investment Research upgraded Jack in the Box from a “sell” rating to a “hold” rating in a report on Wednesday, October 11th. Jefferies Group reiterated a “buy” rating and issued a $120.00 target price on shares of Jack in the Box in a report on Thursday, October 12th. Finally, Wedbush reiterated a “buy” rating and issued a $115.00 target price on shares of Jack in the Box in a report on Friday, October 13th. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $111.00.

The company has a debt-to-equity ratio of -2.79, a quick ratio of 0.51 and a current ratio of 0.53. The firm has a market capitalization of $2,686.10, a price-to-earnings ratio of 21.11, a PEG ratio of 1.59 and a beta of 0.52.

Jack in the Box (NASDAQ:JACK) last posted its quarterly earnings data on Wednesday, November 29th. The restaurant operator reported $0.73 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.89 by ($0.16). Jack in the Box had a net margin of 8.71% and a negative return on equity of 30.55%. The business had revenue of $338.75 million for the quarter, compared to analysts’ expectations of $341.34 million. During the same quarter in the previous year, the firm earned $1.03 EPS. Jack in the Box’s revenue was down 15.0% compared to the same quarter last year. sell-side analysts anticipate that Jack in the Box Inc. will post 4.25 earnings per share for the current year.

In related news, VP Dean C. Gordon sold 278 shares of the business’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $102.22, for a total transaction of $28,417.16. Following the completion of the transaction, the vice president now owns 3,924 shares in the company, valued at approximately $401,111.28. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Paul D. Melancon sold 461 shares of the business’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $99.78, for a total value of $45,998.58. Following the transaction, the senior vice president now owns 5,370 shares of the company’s stock, valued at approximately $535,818.60. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 26,201 shares of company stock valued at $2,641,365. 2.10% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Schwab Charles Investment Management Inc. boosted its holdings in Jack in the Box by 6.5% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 226,207 shares of the restaurant operator’s stock valued at $22,194,000 after acquiring an additional 13,809 shares during the period. Jana Partners LLC purchased a new position in Jack in the Box during the 3rd quarter valued at $134,200,000. California Public Employees Retirement System boosted its holdings in Jack in the Box by 8.1% during the 3rd quarter. California Public Employees Retirement System now owns 95,093 shares of the restaurant operator’s stock valued at $9,692,000 after acquiring an additional 7,093 shares during the period. Janus Henderson Group PLC boosted its holdings in Jack in the Box by 14.2% during the 3rd quarter. Janus Henderson Group PLC now owns 623,109 shares of the restaurant operator’s stock valued at $63,507,000 after acquiring an additional 77,557 shares during the period. Finally, Jane Street Group LLC boosted its holdings in Jack in the Box by 124.0% during the 3rd quarter. Jane Street Group LLC now owns 5,132 shares of the restaurant operator’s stock valued at $523,000 after acquiring an additional 26,495 shares during the period. Institutional investors own 99.12% of the company’s stock.

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Jack in the Box Company Profile

Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Eats (Qdoba) fast-casual restaurants. The Company operates in two segments: Jack in the Box and Qdoba restaurant operations. Qdoba is a fast-casual Mexican food brand in the United States, offering food items including burritos, tacos, salads, and quesadillas.

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