Jack in the Box to report fiscal fourth-quarter results

What's Happening With JACK View more about JACK >

Fast food chain Jack in the Box (JACK) will report its fiscal fourth-quarter numbers on November 21. The company will report its quarterly numbers after the market close, with the consensus calling for earnings of $0.88 per share, up from $0.62 during the same period last year. Shares of the fast food chain are up 33.7% on the year.

Technical Analysis

JACK was recently trading at $102.54, just $0.20 below its 12-month high and $40.76 above its 12-month low. Overall technical indicators for JACK are bullish and the stock is in a strong upward trend. The stock has recent support above $98.00, and is trading above recent resistance. Of the 15 analysts who cover the stock, nine rate it a “strong buy”, one rates it a “buy”, and five rate it a “hold”. The stock receives S&P Capital IQ’s 3 STARS “Hold” ranking.

Analysts' Thoughts

Jack in the Box has greatly outperformed the market in 2016, with shares appreciating 33.7% since the start of the year. McDonald’s (MCD) reported its quarterly results in late October, topping estimates on both the top and bottom lines. Shares of JACK accelerated to the upside in sympathy to MCD’s upbeat report. Jack in the Box is coming off two very strong quarterly reports, and if it can extend that streak another quarter, the stock will build on its recent gains, but I would not expect to see a huge move higher. With JACK trading at the upper end of its 52-week range, the stock’s valuation is a slight concern. JACK has a P/E of 30.9, so there may be limited upside potential unless we see another big beat. Analysts expect a better than expected report, with a whisper number two pennies above the consensus at $0.90 per share. Analysts that cover the stock have an average price target of $107.92, which suggests there is 5.2% upside potential if results are better than expected.

JACK
About Jack In The Box Inc.

Jack In The Box Inc operates quick-service restaurants and fast-casual restaurants in California, the USA under the brands Jack in the Box. The company menu offers burgers, tacos, regular and curly fries, specialty sandwiches, salads and ice cream shakes. These foods are available with the option of customization as per customer requirements. The company also offer catering services to its customers. Revenues are generated from sales that take place at their restaurants.

  • Last Price:
    $85.36
  • Previous Close:
    $85.62
  • Change:
    $-0.26 (-0.30%)
  • Open:
    $85.93
  • Volume:
    275,429
  • Average Volume (100 Day):
    572,578
  • Market Capitalization:
    $2.2 B
  • Day's Range:
    $84.79 - $85.93
  • Dividend Yield:
    1.87%
  • 52-week Range:
    $94 - $74.19
  • P-E:
    19.10
  • EPS:
    $4.49
  • Earnings Date:
    8/14/19
  • Ex Dividend Date:
    5/28/19
  • Sector:
    Consumer Cyclical
  • Industry:
    Restaurants
  • Analyst Average Recommendation:
    Moderate Buy

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