Market Resilience: Jack In The Box, Inc. (JACK) Finishes Weak at 43.41, Down -4.93

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Jack In The Box, Inc. (NASDAQ: JACK) closed the day trading at $43.41 down -4.93% from the previous closing price of $45.66. In other words, the price has decreased by -$4.93 from its previous closing price. On the day, 0.52 million shares were traded. JACK stock price reached its highest trading level at $45.34 during the session, while it also had its lowest trading level at $43.33.

Ratios:

For a better understanding of JACK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.42 and its Current Ratio is at 0.43.

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 this company, Goldman on June 13, 2024, initiated with a Sell rating and assigned the stock a target price of $55.

Wedbush Upgraded its Neutral to Outperform on March 14, 2024, whereas the target price for the stock was revised from $79 to $88.

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 Aug 29 ’24 when Scott Brian M. sold 696 shares for $48.66 per share. The transaction valued at 33,867 led to the insider holds 13,201 shares of the business.

HARRIS DARIN S sold 598 shares of JACK for $30,881 on Jun 25 ’24. The DIRECTOR & CEO now owns 90,887 shares after completing the transaction at $51.64 per share. On Jun 24 ’24, another insider, DARDEN TONY J, who serves as the SVP, CHIEF OPERATING OFFICER of the company, sold 54 shares for $50.51 each. As a result, the insider received 2,728 and left with 8,299 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 830259648 and an Enterprise Value of 3990108928. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52. Its current Enterprise Value per Revenue stands at 2.502 whereas that against EBITDA is 12.693.

Stock Price History:

Over the past 52 weeks, JACK has reached a high of $86.20, while it has fallen to a 52-week low of $40.84. The 50-Day Moving Average of the stock is -14.71%, while the 200-Day Moving Average is calculated to be -30.37%.

Shares Statistics:

Over the past 3-months, JACK traded about 541.64K shares per day on average, while over the past 10 days, JACK traded about 542730 shares per day. A total of 19.73M shares are outstanding, with a floating share count of 18.59M. Insiders hold about 2.80% of the company’s shares, while institutions hold 106.87% stake in the company. Shares short for JACK as of 1724976000 were 1930318 with a Short Ratio of 3.38, compared to 1722384000 on 1240261. Therefore, it implies a Short% of Shares Outstanding of 1930318 and a Short% of Float of 14.220000999999998.

Dividends & Splits

JACK’s forward annual dividend rate is 1.76, up from 1.76 a year ago. Against a Trailing Annual Dividend Yield of 0.038545772The stock’s 5-year Average Dividend Yield is 2.15.

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