Jack in the Box (NASDAQ:JACK) Announces Quarterly Earnings Results, Beats Expectations By $0.21 EPS

Jack in the Box (NASDAQ:JACK) announced its quarterly earnings results on Tuesday. The restaurant operator reported $1.92 earnings per share for the quarter, beating analysts’ consensus estimates of $1.71 by $0.21, Zacks reports. Jack in the Box had a negative net margin of 2.34% and a negative return on equity of 15.79%. The firm had revenue of $469.44 million during the quarter, compared to analysts’ expectations of $470.47 million. Jack in the Box updated its FY 2025 guidance to 5.050-5.450 EPS.

Jack in the Box Price Performance

Jack in the Box stock opened at $33.95 on Wednesday. The stock’s 50 day moving average price is $39.60 and its 200 day moving average price is $44.61. Jack in the Box has a 1-year low of $32.69 and a 1-year high of $76.56. The company has a market cap of $640.16 million, a PE ratio of -17.41, a price-to-earnings-growth ratio of 1.29 and a beta of 1.94.

Insiders Place Their Bets

In other news, SVP Sarah L. Super sold 1,688 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $40.52, for a total transaction of $68,397.76. Following the transaction, the senior vice president now directly owns 16,815 shares of the company’s stock, valued at $681,343.80. This represents a 9.12 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders sold 2,190 shares of company stock worth $92,961. 1.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

JACK has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft decreased their target price on Jack in the Box from $51.00 to $46.00 and set a “hold” rating for the company in a research report on Thursday, November 21st. Truist Financial lowered their target price on shares of Jack in the Box from $57.00 to $51.00 and set a “buy” rating on the stock in a research report on Wednesday. Wedbush downgraded shares of Jack in the Box from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $50.00 to $40.00 in a research report on Friday, February 21st. Morgan Stanley reduced their price target on shares of Jack in the Box from $53.00 to $45.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 21st. Finally, Piper Sandler dropped their price objective on shares of Jack in the Box from $56.00 to $53.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, Jack in the Box presently has a consensus rating of “Hold” and a consensus price target of $50.50.

Jack in the Box Company Profile

Jack in the Box Inc operates and franchises Jack in the Box and Del Taco quick-service restaurants in the United States. The company was founded in 1951 and is headquartered in San Diego, California.