Jack in the Box Inc. (NASDAQ:JACK) – Jefferies Group issued their Q1 2018 earnings per share (EPS) estimates for Jack in the Box in a research report issued on Thursday. Jefferies Group analyst A. Slagle expects that the restaurant operator will earn $1.24 per share for the quarter. Jefferies Group currently has a “Buy” rating and a $120.00 target price on the stock. Jefferies Group also issued estimates for Jack in the Box’s Q2 2018 earnings at $1.09 EPS, Q3 2018 earnings at $1.17 EPS, Q4 2018 earnings at $1.16 EPS and FY2018 earnings at $4.65 EPS.
Jack in the Box (NASDAQ:JACK) last posted its earnings results on Wednesday, November 29th. The restaurant operator reported $0.73 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.89 by ($0.16). The company had revenue of $338.75 million for the quarter, compared to the consensus estimate of $341.34 million. Jack in the Box had a negative return on equity of 30.55% and a net margin of 8.71%. Jack in the Box’s quarterly revenue was down 15.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.03 EPS.
Jack in the Box (NASDAQ:JACK) traded down $0.45 during trading on Monday, hitting $106.16. The company had a trading volume of 1,042,400 shares, compared to its average volume of 663,841. The company has a debt-to-equity ratio of -2.79, a current ratio of 0.53 and a quick ratio of 0.51. The company has a market cap of $3,137.90, a P/E ratio of 27.48, a PEG ratio of 1.91 and a beta of 0.51. Jack in the Box has a 1-year low of $90.89 and a 1-year high of $113.30.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Monday, December 4th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Friday, December 1st. Jack in the Box’s payout ratio is 36.36%.
In related news, 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 transaction of $54,436.30. Following the sale, the insider now owns 10,979 shares of the company’s stock, valued at $1,127,653.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.10% of the stock is currently owned by corporate insiders.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JACK. Jana Partners LLC bought a new stake in Jack in the Box during the third quarter worth $134,200,000. Koch Industries Inc. bought a new position in shares of Jack in the Box in the 2nd quarter valued at $568,000. Bain Capital Public Equity Management LLC bought a new position in shares of Jack in the Box in the 2nd quarter valued at $54,752,000. Janus Henderson Group PLC bought a new position in shares of Jack in the Box in the 2nd quarter valued at $53,737,000. Finally, Vaughan Nelson Investment Management L.P. lifted its stake in shares of Jack in the Box by 60.9% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 850,225 shares of the restaurant operator’s stock valued at $86,656,000 after acquiring an additional 321,825 shares during the last quarter. Hedge funds and other institutional investors own 99.26% of the company’s stock.
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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.
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