Jack In The Box Inc. (NASDAQ:JACK) was downgraded by stock analysts at TheStreet from a “buy” rating to a “hold” rating in a report released on Monday.

A number of other research analysts have also commented on the company. Wedbush reiterated an “outperform” rating and set a $125.00 price target on shares of Jack In The Box in a report on Tuesday. Oppenheimer Holdings Inc. restated a “buy” rating on shares of Jack In The Box in a research note on Tuesday. Barclays PLC upped their target price on Jack In The Box from $96.00 to $98.00 and gave the company an “equal weight” rating in a research note on Tuesday. Zacks Investment Research lowered Jack In The Box from a “buy” rating to a “hold” rating in a research note on Wednesday, October 26th. Finally, Goldman Sachs Group Inc. began coverage on Jack In The Box in a research note on Monday, October 24th. They issued a “sell” rating and a $88.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $101.63.

Analyst Recommendations for Jack In The Box (NASDAQ:JACK)

Jack In The Box (NASDAQ:JACK) traded up 6.07% during trading on Monday, reaching $107.82. 3,350,302 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $96.74 and its 200-day moving average price is $91.55. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 32.79 and a beta of 0.50. Jack In The Box has a 52-week low of $61.78 and a 52-week high of $108.06.

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, topping analysts’ consensus estimates of $0.88 by $0.15. Jack In The Box had a negative return on equity of 120.29% and a net margin of 7.41%. The company earned $398.42 million during the quarter, compared to analyst estimates of $398.67 million. During the same period in the previous year, the company earned $0.62 earnings per share. The company’s quarterly revenue was up 12.5% compared to the same quarter last year. Equities analysts expect that Jack In The Box will post $3.73 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 16th. Investors of record on Monday, December 5th will be issued a $0.40 dividend. This is a boost 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 1.48%. Jack In The Box’s dividend payout ratio (DPR) is currently 36.36%.

In related news, Director David Goebel sold 1,480 shares of the firm’s stock in a transaction dated Tuesday, September 6th. The stock was sold at an average price of $101.46, for a total value of $150,160.80. Following the transaction, the director now owns 23,377 shares in the company, valued at $2,371,830.42. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 value of $210,000.00. Following the completion of the transaction, the vice president now owns 16,059 shares in the company, valued at approximately $1,686,195. The disclosure for this sale can be found here. 2.00% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of the stock. Bank of Montreal Can boosted its position 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 valued at $126,000 after buying an additional 15,681 shares in the last quarter. Seven Eight Capital LLC boosted its position 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 valued at $155,000 after buying an additional 1,000 shares in the last quarter. LS Investment Advisors LLC boosted its position 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 valued at $171,000 after buying an additional 738 shares in the last quarter. World Asset Management Inc purchased a new position in Jack In The Box during the third quarter valued at about $205,000. Finally, Capstone Asset Management Co. purchased a new position in Jack In The Box during the second quarter valued at about $224,000. Institutional investors and hedge funds own 99.67% of the company’s stock.

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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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