Media coverage about Jack in the Box (NASDAQ:JACK) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Jack in the Box earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media headlines about the restaurant operator an impact score of 48.0150774982989 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:
NASDAQ JACK traded down $0.59 during trading on Friday, reaching $86.54. 461,226 shares of the company’s stock traded hands, compared to its average volume of 651,547. The company has a debt-to-equity ratio of -2.77, a quick ratio of 1.52 and a current ratio of 1.53. The company has a market capitalization of $2,573.14, a price-to-earnings ratio of 22.30, a price-to-earnings-growth ratio of 1.52 and a beta of 0.44. Jack in the Box has a 12-month low of $79.30 and a 12-month high of $113.00.
Jack in the Box (NASDAQ:JACK) last released its quarterly earnings results on Wednesday, February 21st. The restaurant operator reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.06 by $0.17. Jack in the Box had a net margin of 8.20% and a negative return on equity of 28.27%. The business had revenue of $294.50 million for the quarter, compared to analysts’ expectations of $284.37 million. During the same period last year, the business earned $1.18 EPS. The company’s revenue was down 16.6% compared to the same quarter last year. equities analysts expect that Jack in the Box will post 3.98 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, March 16th. Stockholders of record on Monday, March 5th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date of this dividend was Friday, March 2nd. Jack in the Box’s dividend payout ratio is currently 41.24%.
Several research firms recently commented on JACK. BTIG Research downgraded shares of Jack in the Box from a “buy” rating to a “neutral” rating in a research note on Tuesday, January 2nd. Barclays reaffirmed an “equal weight” rating and issued a $101.00 price target (up previously from $100.00) on shares of Jack in the Box in a research note on Tuesday, January 16th. Zacks Investment Research raised shares of Jack in the Box from a “sell” rating to a “hold” rating in a research note on Tuesday, February 13th. Cowen reaffirmed a “hold” rating and issued a $94.00 price target on shares of Jack in the Box in a research note on Friday, February 16th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $105.00 price target (down previously from $118.00) on shares of Jack in the Box in a research note on Wednesday, March 14th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company. Jack in the Box presently has a consensus rating of “Hold” and a consensus price target of $107.62.
In other news, Director David Goebel sold 1,486 shares of the firm’s stock in a transaction dated Friday, March 23rd. The shares were sold at an average price of $84.68, for a total value of $125,834.48. Following the sale, the director now directly owns 21,702 shares in the company, valued at approximately $1,837,725.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Vanessa C. Fox sold 610 shares of the firm’s stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $91.00, for a total transaction of $55,510.00. Following the completion of the sale, the vice president now owns 2,051 shares in the company, valued at $186,641. The disclosure for this sale can be found here. Insiders sold a total of 2,596 shares of company stock worth $225,544 over the last 90 days. Company insiders own 2.60% 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 and Qdoba Mexican Eats fast-casual restaurants primarily in the United States. As of October 01, 2017, it operated and franchised approximately 2,251 Jack in the Box restaurants in 21 states and Guam; and approximately 726 Qdoba Mexican Eats restaurants in 47 states, the District of Columbia, and Canada.
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