Closing Strong: Jack In The Box, Inc. (JACK) Ends at 58.41, Down -1.83 from Last Close

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After finishing at $59.50 in the prior trading day, Jack In The Box, Inc. (NASDAQ: JACK) closed at $58.41, down -1.83%. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 0.63 million shares were traded. JACK stock price reached its highest trading level at $59.3 during the session, while it also had its lowest trading level at $58.13.

Ratios:

Our goal is to gain a better understanding of JACK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.46. For the most recent quarter (mrq), Quick Ratio is recorded 0.43 and its Current Ratio is at 0.44.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wedbush on March 14, 2024, Upgraded its rating to Outperform and sets its target price to $88 from $79 previously.

On January 29, 2024, Northcoast Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $95.

On October 19, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $71.Deutsche Bank initiated its Hold rating on October 19, 2023, with a $71 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’24 when MURPHY MICHAEL W sold 1,332 shares for $72.58 per share. The transaction valued at 96,677 led to the insider holds 71,035 shares of the business.

Ostrom Ryan Lee sold 328 shares of JACK for $24,948 on Feb 16 ’24. The EVP, Chief Mktng&Digtl Officer now owns 17,946 shares after completing the transaction at $76.06 per share. On Feb 06 ’24, another insider, HOOPER DAWN E, who serves as the SVP, Controller of the company, sold 223 shares for $76.53 each. As a result, the insider received 17,066 and left with 6,149 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JACK now has a Market Capitalization of 1141109376 and an Enterprise Value of 4294175232. As of this moment, Jack’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.27, and their Forward P/E ratio for the next fiscal year is 8.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69. Its current Enterprise Value per Revenue stands at 2.598 whereas that against EBITDA is 13.622.

Stock Price History:

Over the past 52 weeks, JACK has reached a high of $99.56, while it has fallen to a 52-week low of $57.66. The 50-Day Moving Average of the stock is -15.32%, while the 200-Day Moving Average is calculated to be -22.66%.

Shares Statistics:

The stock has traded on average 419.61K shares per day over the past 3-months and 509590 shares per day over the last 10 days, according to various share statistics. A total of 19.73M shares are outstanding, with a floating share count of 19.09M. Insiders hold about 2.30% of the company’s shares, while institutions hold 105.85% stake in the company. Shares short for JACK as of 1711584000 were 892336 with a Short Ratio of 2.13, compared to 1709164800 on 966585. Therefore, it implies a Short% of Shares Outstanding of 892336 and a Short% of Float of 6.38.

Dividends & Splits

In the trailing 12 months, JACK’s forward annual dividend rate was 1.76, compared to 1.76 this year. Against a Trailing Annual Dividend Yield of 0.029579831The stock’s 5-year Average Dividend Yield is 2.05.

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