Jack In The Box Inc. (NASDAQ:JACK) EVP Phillip H. Rudolph sold 8,505 shares of Jack In The Box stock in a transaction dated Wednesday, September 14th. The shares were sold at an average price of $98.00, for a total value of $833,490.00. Following the sale, the executive vice president now owns 88,196 shares of the company’s stock, valued at approximately $8,643,208. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Jack In The Box Inc. (NASDAQ:JACK) opened at 99.34 on Monday. The firm has a 50-day moving average price of $96.62 and a 200-day moving average price of $80.73. The stock has a market capitalization of $3.25 billion, a PE ratio of 30.21 and a beta of 0.45. Jack In The Box Inc. has a 52 week low of $61.78 and a 52 week high of $102.63.

Jack In The Box (NASDAQ:JACK) last announced its quarterly earnings results on Wednesday, August 3rd. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.20. Jack In The Box had a negative return on equity of 120.29% and a net margin of 7.41%. The company earned $368.94 million during the quarter, compared to analyst estimates of $367.52 million. During the same period in the prior year, the company earned $0.76 earnings per share. The firm’s revenue was up 2.6% on a year-over-year basis. Equities research analysts predict that Jack In The Box Inc. will post $3.73 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, August 29th. Investors of record on Tuesday, August 16th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend was Friday, August 12th. Jack In The Box’s payout ratio is presently 36.36%.

A number of institutional investors have recently made changes to their positions in JACK. Seven Eight Capital LLC raised its position in shares of 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 worth $155,000 after buying an additional 1,000 shares during the last quarter. LS Investment Advisors LLC raised its position in shares of 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 worth $171,000 after buying an additional 738 shares during the last quarter. Capstone Asset Management Co. purchased a new position in shares of Jack In The Box during the second quarter worth approximately $224,000. Pacer Advisors Inc. purchased a new position in shares of Jack In The Box during the second quarter worth approximately $229,000. Finally, Oakbrook Investments LLC purchased a new position in shares of Jack In The Box during the second quarter worth approximately $232,000. 98.86% of the stock is owned by institutional investors.

JACK has been the subject of a number of research analyst reports. Vetr downgraded Jack In The Box from a “strong-buy” rating to a “buy” rating and set a $84.69 price target for the company. in a research report on Wednesday, May 25th. Robert W. Baird reiterated an “outperform” rating on shares of Jack In The Box in a research report on Thursday, September 8th. Telsey Advisory Group dropped their price target on Jack In The Box from $105.00 to $85.00 and set an “outperform” rating for the company in a research report on Wednesday, July 13th. Oppenheimer Holdings Inc. lifted their price target on Jack In The Box from $86.00 to $91.00 and gave the company an “outperform” rating in a research report on Thursday, May 26th. Finally, Wells Fargo & Co. reiterated an “outperform” rating and set a $90.50 price target (up previously from $82.50) on shares of Jack In The Box in a research report on Thursday, August 4th. One analyst has rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the company. Jack In The Box presently has a consensus rating of “Buy” and a consensus target price of $99.11.

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.

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