Barclays reissued their equal weight rating on shares of Jack in the Box (NASDAQ:JACK) in a research note published on Tuesday, Marketbeat.com reports. The brokerage currently has a $101.00 price objective on the restaurant operator’s stock, up from their prior price objective of $100.00.

Several other equities analysts have also weighed in on JACK. Robert W. Baird reissued a buy rating and set a $115.00 price objective on shares of Jack in the Box in a report on Tuesday, September 19th. Stifel Nicolaus assumed coverage on Jack in the Box in a report on Monday, October 2nd. They issued a hold rating and a $105.00 price target for the company. Telsey Advisory Group raised Jack in the Box from a market perform rating to an outperform rating and set a $118.00 price target for the company in a report on Wednesday, October 4th. Zacks Investment Research raised Jack in the Box from a sell rating to a hold rating in a report on Wednesday, October 11th. Finally, Jefferies Group reaffirmed a buy rating and issued a $120.00 price target on shares of Jack in the Box in a report on Thursday, October 12th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $111.00.

Shares of Jack in the Box (NASDAQ JACK) traded up $1.78 during midday trading on Tuesday, reaching $94.99. The company’s stock had a trading volume of 827,338 shares, compared to its average volume of 877,568. Jack in the Box has a 1-year low of $90.59 and a 1-year high of $113.00. The company has a market capitalization of $2,850.00, a price-to-earnings ratio of 21.16, a price-to-earnings-growth ratio of 1.63 and a beta of 0.52. The company has a current ratio of 0.53, a quick ratio of 0.51 and a debt-to-equity ratio of -2.79.

Jack in the Box (NASDAQ:JACK) last announced its quarterly earnings data 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). Jack in the Box had a net margin of 8.71% and a negative return on equity of 30.55%. The firm had revenue of $338.75 million for the quarter, compared to the consensus estimate of $341.34 million. During the same period last year, the company posted $1.03 earnings per share. Jack in the Box’s revenue for the quarter was down 15.0% on a year-over-year basis. equities research analysts anticipate that Jack in the Box will post 4.25 earnings per share for the current fiscal year.

In related news, SVP Paul D. Melancon sold 461 shares of the stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $99.78, for a total value of $45,998.58. Following the sale, the senior vice president now owns 5,370 shares in the company, valued at $535,818.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Leonard A. Comma sold 9,436 shares of the stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $99.78, for a total value of $941,524.08. Following the completion of the sale, the chief executive officer now owns 181,320 shares in the company, valued at approximately $18,092,109.60. The disclosure for this sale can be found here. Insiders sold 26,201 shares of company stock valued at $2,641,365 over the last ninety days. Corporate insiders own 2.10% of the company’s stock.

Several hedge funds have recently modified their holdings of JACK. Royal Bank of Canada raised its position in shares of Jack in the Box by 9.0% in the second quarter. Royal Bank of Canada now owns 1,274 shares of the restaurant operator’s stock worth $126,000 after buying an additional 105 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Jack in the Box by 61.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,585 shares of the restaurant operator’s stock worth $156,000 after buying an additional 601 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Jack in the Box by 17.8% in the second quarter. Victory Capital Management Inc. now owns 1,875 shares of the restaurant operator’s stock worth $185,000 after buying an additional 283 shares in the last quarter. Vident Investment Advisory LLC purchased a new stake in shares of Jack in the Box in the third quarter worth $203,000. Finally, Diligent Investors LLC purchased a new stake in shares of Jack in the Box in the third quarter worth $206,000. Institutional investors own 99.12% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Jack in the Box (JACK) Rating Reiterated by Barclays” was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright legislation. The legal version of this piece can be accessed at https://www.watchlistnews.com/jack-in-the-box-jack-rating-reiterated-by-barclays/1815671.html.

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)

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.