Press coverage about Jack In The Box (NASDAQ:JACK) has been trending somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Jack In The Box earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news headlines about the restaurant operator an impact score of 45.3871686386718 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Wells Fargo & Company Trims Jack In The Box Inc. (JACK) Target Price to $117.00 (americanbankingnews.com)
- Watch List — Jack in the Box Inc. (NASDAQ:JACK) – Market Breaking Point (press release) (journalfinance.net)
- A Qdoba Sale or Proxy War Could Be Next at Jack in the Box – TheStreet.com (thestreet.com)
- Jack in the Box shares pop after $134 million Jana stake (cnbc.com)
- Chipotle Mexican Grill (CMG) vs. Jack In The Box (JACK) Head to Head Survey (americanbankingnews.com)
Jack In The Box (NASDAQ:JACK) traded up $0.45 during midday trading on Thursday, hitting $104.44. 370,429 shares of the stock were exchanged, compared to its average volume of 639,714. The company has a quick ratio of 0.63, a current ratio of 0.66 and a debt-to-equity ratio of -2.56. Jack In The Box has a 12 month low of $90.89 and a 12 month high of $113.30. The firm has a market capitalization of $3,070.00, a P/E ratio of 24.90, a PEG ratio of 1.58 and a beta of 0.52.
Several research analysts recently weighed in on JACK shares. Jefferies Group LLC reissued a “buy” rating and set a $120.00 price objective on shares of Jack In The Box in a research note on Thursday, July 27th. BidaskClub raised shares of Jack In The Box from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Wells Fargo & Company reissued an “outperform” rating and set a $125.00 price objective on shares of Jack In The Box in a research note on Thursday, August 3rd. Robert W. Baird reduced their price objective on shares of Jack In The Box from $120.00 to $115.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 8th. Finally, Telsey Advisory Group reissued a “market perform” rating on shares of Jack In The Box in a research note on Thursday, August 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have issued a buy rating to the company’s stock. Jack In The Box currently has an average rating of “Buy” and an average price target of $113.15.
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In other news, insider Frances L. Allen sold 530 shares of Jack In The Box stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $102.71, for a total value of $54,436.30. Following the sale, the insider now directly owns 10,979 shares in the company, valued at $1,127,653.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.10% of the stock is owned by company insiders.
About Jack In The Box
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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