Equities research analysts expect that Jack in the Box Inc. (NASDAQ:JACK) will post $1.25 earnings per share (EPS) for the current quarter, according to Zacks. Seven analysts have issued estimates for Jack in the Box’s earnings. The lowest EPS estimate is $1.07 and the highest is $1.38. Jack in the Box reported earnings per share of $1.18 in the same quarter last year, which would suggest a positive year over year growth rate of 5.9%. The company is scheduled to announce its next earnings report on Wednesday, February 28th.

On average, analysts expect that Jack in the Box will report full-year earnings of $4.49 per share for the current year, with EPS estimates ranging from $4.13 to $4.68. For the next financial year, analysts expect that the business will post earnings of $4.90 per share, with EPS estimates ranging from $4.62 to $5.11. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow Jack in the Box.

Jack in the Box (NASDAQ:JACK) last posted its quarterly earnings results on Wednesday, November 29th. The restaurant operator reported $0.73 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($0.16). The firm had revenue of $338.75 million for the quarter, compared to analysts’ expectations 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 firm’s revenue for the quarter was down 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.03 EPS.

JACK has been the topic of several research analyst reports. Jefferies Group reiterated a “buy” rating and set a $120.00 price target on shares of Jack in the Box in a research note on Thursday, August 31st. Zacks Investment Research upgraded Jack in the Box from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. Wedbush reiterated a “hold” rating and set a $104.00 price target on shares of Jack in the Box in a research note on Friday, December 1st. Wells Fargo & Company dropped their price target on Jack in the Box from $120.00 to $117.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 15th. Finally, Robert W. Baird set a $115.00 price target on Jack in the Box and gave the company a “buy” rating in a research note on Monday, November 27th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $112.62.

Jack in the Box (NASDAQ JACK) traded up $1.13 during trading on Friday, reaching $100.34. The company’s stock had a trading volume of 545,200 shares, compared to its average volume of 672,155. The company has a current ratio of 0.53, a quick ratio of 0.51 and a debt-to-equity ratio of -2.79. The stock has a market cap of $2,950.00, a P/E ratio of 25.57, a PEG ratio of 1.78 and a beta of 0.51. Jack in the Box has a twelve month low of $90.89 and a twelve month high of $113.00.

The business also recently announced a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Monday, December 4th were paid a $0.40 dividend. The ex-dividend date was Friday, December 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.59%. Jack in the Box’s payout ratio is 35.63%.

In other news, CEO Leonard A. Comma sold 6,021 shares of the company’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of $102.22, for a total value of $615,466.62. Following the sale, the chief executive officer now owns 173,796 shares in the company, valued at $17,765,427.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Frances L. Allen sold 530 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $102.71, for a total value of $54,436.30. Following the transaction, the insider now owns 10,979 shares in the company, valued at approximately $1,127,653.09. The disclosure for this sale can be found here. Insiders sold 10,971 shares of company stock worth $1,121,715 in the last 90 days. Company insiders own 2.10% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Royal Bank of Canada boosted its position in Jack in the Box by 9.0% during the second quarter. Royal Bank of Canada now owns 1,274 shares of the restaurant operator’s stock worth $126,000 after purchasing an additional 105 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Jack in the Box by 61.1% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,585 shares of the restaurant operator’s stock worth $156,000 after purchasing an additional 601 shares in the last quarter. Victory Capital Management Inc. boosted its position in Jack in the Box by 17.8% during the second quarter. Victory Capital Management Inc. now owns 1,875 shares of the restaurant operator’s stock worth $185,000 after purchasing an additional 283 shares in the last quarter. Vident Investment Advisory LLC purchased a new position in Jack in the Box during the third quarter worth approximately $203,000. Finally, Diligent Investors LLC purchased a new position in Jack in the Box during the third quarter worth approximately $206,000. Institutional investors own 98.71% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Analysts Expect Jack in the Box Inc. (JACK) to Announce $1.25 Earnings Per Share” was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/analysts-expect-jack-in-the-box-inc-jack-to-announce-1-25-earnings-per-share/1773158.html.

Jack in the Box Company Profile

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.

Get a free copy of the Zacks research report on Jack in the Box (JACK)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Jack in the Box (NASDAQ:JACK)

Receive News & Ratings for Jack in the Box Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jack in the Box and related companies with MarketBeat.com's FREE daily email newsletter.