Jack In The Box Inc. (NASDAQ:JACK) – Analysts at Jefferies Group issued their Q1 2017 EPS estimates for shares of Jack In The Box in a research report issued to clients and investors on Wednesday. Jefferies Group analyst A. Slagle forecasts that the brokerage will post earnings of $1.26 per share for the quarter. Jefferies Group currently has a “Buy” rating and a $121.00 price target on the stock. Jefferies Group also issued estimates for Jack In The Box’s Q2 2017 earnings at $1.07 EPS, Q3 2017 earnings at $1.21 EPS, Q4 2017 earnings at $1.16 EPS and FY2017 earnings at $4.70 EPS.

A number of other research firms have also issued reports on JACK. Wedbush reaffirmed an “outperform” rating and issued a $125.00 target price on shares of Jack In The Box in a report on Tuesday, November 22nd. TheStreet lowered Jack In The Box from a “buy” rating to a “hold” rating in a report on Monday, November 21st. Goldman Sachs Group Inc. reaffirmed a “sell” rating and issued a $88.00 target price on shares of Jack In The Box in a report on Friday. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and issued a $115.00 target price (up previously from $105.00) on shares of Jack In The Box in a report on Monday, September 26th. Finally, Robert W. Baird reissued an “outperform” rating and set a $120.00 price objective on shares of Jack In The Box in a report on Sunday, September 25th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $102.23.

Earnings History and Estimates for Jack In The Box (NASDAQ:JACK)

TRADEMARK VIOLATION NOTICE: “Jack In The Box Inc. (JACK) Forecasted to Post Q1 2017 Earnings of $1.26 Per Share” was originally published by Financial Market News and is the sole property of of Financial Market News. If you are accessing this piece of content on another site, it was stolen and republished in violation of US & international copyright and trademark laws. The correct version of this piece of content can be read at http://www.financial-market-news.com/jack-in-the-box-inc-jack-forecasted-to-post-q1-2017-earnings-of-1-26-per-share/1208056/.

Jack In The Box (NASDAQ:JACK) opened at 104.95 on Monday. Jack In The Box has a one year low of $61.78 and a one year high of $109.40. The firm has a market capitalization of $3.43 billion, a price-to-earnings ratio of 28.86 and a beta of 0.50. The stock’s 50 day moving average price is $97.88 and its 200-day moving average price is $92.52.

Jack In The Box (NASDAQ:JACK) last issued its quarterly earnings results on Monday, November 21st. The company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.15. The company had revenue of $398.42 million for the quarter, compared to analyst estimates of $398.67 million. Jack In The Box had a negative return on equity of 83.17% and a net margin of 7.76%. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same period last year, the company earned $0.62 earnings per share.

Several large investors have recently added to or reduced their stakes in JACK. Bank of Montreal Can increased its stake in Jack In The Box by 109.1% in the third quarter. Bank of Montreal Can now owns 1,306 shares of the company’s stock worth $126,000 after buying an additional 15,681 shares in the last quarter. Seven Eight Capital LLC increased its stake in Jack In The Box by 125.0% in the second quarter. Seven Eight Capital LLC now owns 1,800 shares of the company’s stock worth $155,000 after buying an additional 1,000 shares in the last quarter. LS Investment Advisors LLC increased its stake in Jack In The Box by 58.9% in the second quarter. LS Investment Advisors LLC now owns 1,992 shares of the company’s stock worth $171,000 after buying an additional 738 shares in the last quarter. World Asset Management Inc bought a new stake in Jack In The Box during the third quarter worth approximately $205,000. Finally, Weiss Asset Management LP bought a new stake in Jack In The Box during the third quarter worth approximately $234,000. Institutional investors own 95.36% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Jack In The Box Inc. (JACK) Forecasted to Post Q1 2017 Earnings of $1.26 Per Share” was originally published by Financial Market News and is the sole property of of Financial Market News. If you are accessing this piece of content on another site, it was stolen and republished in violation of US & international copyright and trademark laws. The correct version of this piece of content can be read at http://www.financial-market-news.com/jack-in-the-box-inc-jack-forecasted-to-post-q1-2017-earnings-of-1-26-per-share/1208056/.

In other news, CEO Leonard A. Comma sold 67,572 shares of the business’s stock in a transaction on Tuesday, September 13th. The stock was sold at an average price of $96.68, for a total transaction of $6,532,860.96. Following the completion of the sale, the chief executive officer now owns 164,710 shares in the company, valued at $15,924,162.80. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Carol A. Diraimo sold 2,000 shares of the business’s stock in a transaction on Tuesday, November 22nd. The stock was sold at an average price of $105.00, for a total value of $210,000.00. Following the sale, the vice president now owns 16,059 shares of the company’s stock, valued at approximately $1,686,195. The disclosure for this sale can be found here. Insiders own 2.00% of the company’s stock.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 16th. Shareholders of record on Monday, December 5th will be given a $0.40 dividend. This is an increase from Jack In The Box’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Thursday, December 1st. This represents a $1.60 annualized dividend and a yield of 1.52%. Jack In The Box’s payout ratio is presently 32.97%.

About Jack In The Box

Jack in the Box Inc is a restaurant company. The Company operates and franchises approximately 2,910 Jack in the Box quick-service restaurants (QSR) and Qdoba Mexican Eats fast-casual restaurants (Qdoba). Its segments are Jack in the Box and Qdoba Restaurant operations. It operates and franchises approximately 2,250 Jack in the Box restaurants, primarily in the western and southern United States, including one in Guam, over 660 Qdoba restaurants across the United States, and approximately four in Canada.

5 Day Chart for NASDAQ:JACK

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