Jack in the Box (NASDAQ:JACK) has been given a $105.00 price target by stock analysts at UBS in a research note issued on Thursday. The firm currently has a “hold” rating on the restaurant operator’s stock. UBS’s price target would indicate a potential downside of 0.19% from the company’s current price.

Several other analysts have also recently weighed in on the stock. Robert W. Baird set a $115.00 price target on shares of Jack in the Box and gave the company a “buy” rating in a report on Monday, November 27th. Cowen reiterated a “hold” rating and issued a $99.00 price target on shares of Jack in the Box in a report on Monday, November 27th. Oppenheimer reiterated a “buy” rating and issued a $125.00 price target on shares of Jack in the Box in a report on Monday, November 20th. Wedbush cut shares of Jack in the Box from an “outperform” rating to a “neutral” rating and cut their price target for the company from $115.00 to $104.00 in a report on Monday, November 20th. Finally, Wells Fargo & Company cut their price target on shares of Jack in the Box from $120.00 to $117.00 and set an “outperform” rating on the stock in a report on Wednesday, November 15th. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $112.62.

Jack in the Box (NASDAQ:JACK) traded up $2.08 during trading hours on Thursday, reaching $105.20. 1,247,776 shares of the company traded hands, compared to its average volume of 834,751. The company has a market capitalization of $3,046.66, a PE ratio of 26.68, a P/E/G ratio of 1.64 and a beta of 0.52. Jack in the Box has a twelve month low of $90.89 and a twelve month high of $113.30. The company has a current ratio of 0.53, a quick ratio of 0.63 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 the consensus estimate of $0.89 by ($0.16). The company 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 business’s revenue was down 15.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.03 EPS. analysts predict that Jack in the Box will post 4.73 earnings per share for the current fiscal year.

In other Jack in the Box news, insider Frances L. Allen sold 530 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $102.71, for a total transaction of $54,436.30. Following the completion of the transaction, the insider now owns 10,979 shares of the company’s stock, valued at $1,127,653.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.10% of the company’s stock.

A number of institutional investors have recently made changes to their positions in JACK. Teachers Advisors LLC lifted its position in Jack in the Box by 3.7% during the first quarter. Teachers Advisors LLC now owns 57,070 shares of the restaurant operator’s stock valued at $5,805,000 after buying an additional 2,044 shares during the period. Capstone Asset Management Co. raised its position in shares of Jack in the Box by 4.9% in the 2nd quarter. Capstone Asset Management Co. now owns 4,300 shares of the restaurant operator’s stock worth $424,000 after purchasing an additional 200 shares during the last quarter. Creative Planning raised its position in shares of Jack in the Box by 27.9% in the 2nd quarter. Creative Planning now owns 2,290 shares of the restaurant operator’s stock worth $226,000 after purchasing an additional 500 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in shares of Jack in the Box by 4.2% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 11,891 shares of the restaurant operator’s stock worth $1,171,000 after purchasing an additional 480 shares during the last quarter. Finally, LS Investment Advisors LLC raised its position in shares of Jack in the Box by 9.3% in the 2nd quarter. LS Investment Advisors LLC now owns 3,030 shares of the restaurant operator’s stock worth $298,000 after purchasing an additional 257 shares during the last quarter. 99.18% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Jack in the Box (NASDAQ:JACK)

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