Jack In The Box Inc. (NASDAQ:JACK) VP Carol A. Diraimo sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $105.00, for a total transaction of $210,000.00. Following the transaction, the vice president now owns 16,059 shares of the company’s stock, valued at $1,686,195. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Jack In The Box Inc. (NASDAQ:JACK) traded up 6.07% on Tuesday, reaching $107.82. 3,350,302 shares of the company’s stock were exchanged. The company has a market capitalization of $3.52 billion, a P/E ratio of 32.79 and a beta of 0.50. Jack In The Box Inc. has a 12 month low of $61.78 and a 12 month high of $108.06. The firm’s 50 day moving average price is $96.74 and its 200-day moving average price is $91.55.

Jack In The Box (NASDAQ:JACK) last posted its quarterly earnings data on Monday, November 21st. The company reported $1.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.88 by $0.15. The firm had revenue of $398.42 million for the quarter, compared to the consensus estimate of $398.67 million. Jack In The Box had a negative return on equity of 120.29% and a net margin of 7.41%. The business’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.62 EPS. On average, equities analysts anticipate that Jack In The Box Inc. will post $3.73 EPS for the current year.

Insider Buying and Selling by Quarter for Jack In The Box (NASDAQ:JACK)

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 16th. Shareholders of record on Monday, December 5th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Thursday, December 1st. This is an increase from Jack In The Box’s previous quarterly dividend of $0.30. Jack In The Box’s payout ratio is presently 36.36%.

Several equities analysts have weighed in on the stock. Wedbush restated an “outperform” rating and set a $125.00 target price on shares of Jack In The Box in a report on Tuesday. Oppenheimer Holdings Inc. restated an “outperform” rating and set a $115.00 target price (up from $105.00) on shares of Jack In The Box in a report on Monday, September 26th. Robert W. Baird restated an “outperform” rating and set a $120.00 target price on shares of Jack In The Box in a report on Sunday, September 25th. Bank of America Corp. restated a “buy” rating and set a $108.00 target price on shares of Jack In The Box in a report on Tuesday, September 27th. Finally, Barclays PLC raised their target price on shares of Jack In The Box from $96.00 to $98.00 and gave the company an “equal weight” rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company. Jack In The Box presently has an average rating of “Buy” and an average target price of $101.63.

A number of hedge funds have recently bought and sold shares of JACK. Hsbc Holdings PLC increased its stake in Jack In The Box by 0.6% in the second quarter. Hsbc Holdings PLC now owns 3,873 shares of the company’s stock valued at $332,000 after buying an additional 25 shares during the last quarter. Suntrust Banks Inc. increased its stake in Jack In The Box by 0.7% in the second quarter. Suntrust Banks Inc. now owns 12,089 shares of the company’s stock valued at $1,038,000 after buying an additional 79 shares during the last quarter. Mutual of America Capital Management LLC increased its stake in Jack In The Box by 0.4% in the second quarter. Mutual of America Capital Management LLC now owns 23,628 shares of the company’s stock valued at $2,030,000 after buying an additional 93 shares during the last quarter. Strs Ohio increased its stake in Jack In The Box by 2.2% in the third quarter. Strs Ohio now owns 4,700 shares of the company’s stock valued at $450,000 after buying an additional 100 shares during the last quarter. Finally, State Treasurer State of Michigan increased its stake in Jack In The Box by 0.8% in the third quarter. State Treasurer State of Michigan now owns 13,200 shares of the company’s stock valued at $1,266,000 after buying an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 99.67% of the company’s stock.

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Jack In The Box Company Profile

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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