Press coverage about Jack in the Box (NASDAQ:JACK) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jack in the Box earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media stories about the restaurant operator an impact score of 43.8817346305697 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
Several research firms have commented on JACK. Zacks Investment Research lowered shares of Jack in the Box from a “hold” rating to a “strong sell” rating in a research report on Tuesday, December 5th. SunTrust Banks set a $109.00 target price on shares of Jack in the Box and gave the stock a “buy” rating in a report on Friday, December 1st. Wedbush lowered shares of Jack in the Box from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $115.00 to $104.00 in a report on Monday, November 20th. Wells Fargo & Co lowered their target price on shares of Jack in the Box from $120.00 to $117.00 and set an “outperform” rating for the company in a report on Wednesday, November 15th. Finally, Oppenheimer reaffirmed a “buy” rating on shares of Jack in the Box in a research note on Tuesday, December 19th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $111.15.
Jack in the Box (NASDAQ JACK) traded down $1.78 during trading hours on Friday, hitting $92.86. 1,210,000 shares of the stock were exchanged, compared to its average volume of 1,010,000. Jack in the Box has a twelve month low of $90.89 and a twelve month high of $113.00. The company has a market cap of $2,730.00, a PE ratio of 20.68, a P/E/G ratio of 1.56 and a beta of 0.52. The company has a quick ratio of 0.51, a current ratio of 0.53 and a debt-to-equity ratio of -2.79.
Jack in the Box (NASDAQ:JACK) last released its quarterly earnings results on Wednesday, November 29th. The restaurant operator reported $0.73 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.16). The firm had revenue of $338.75 million during the quarter, compared to the consensus estimate of $341.34 million. Jack in the Box had a net margin of 8.71% and a negative return on equity of 30.55%. The firm’s quarterly revenue was down 15.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.03 earnings per share. equities analysts expect that Jack in the Box will post 4.54 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Monday, December 4th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend was Friday, December 1st. Jack in the Box’s dividend payout ratio (DPR) is presently 35.63%.
In other Jack in the Box news, CEO Leonard A. Comma sold 9,436 shares of Jack in the Box stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $99.78, for a total transaction of $941,524.08. Following the completion of the sale, the chief executive officer now directly owns 181,320 shares in the company, valued at approximately $18,092,109.60. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Frances L. Allen sold 530 shares of Jack in the Box stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $102.71, for a total transaction of $54,436.30. Following the sale, the insider now owns 10,979 shares of the company’s stock, valued at $1,127,653.09. The disclosure for this sale can be found here. Insiders sold a total of 26,201 shares of company stock valued at $2,641,365 over the last quarter. 2.10% of the stock is owned by company insiders.
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About Jack in the Box
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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