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

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

Jack in the Box Trading Down 0.5 %

Shares of JACK traded down $0.18 during midday trading on Friday, reaching $38.44. 690,484 shares of the company were exchanged, compared to its average volume of 665,002. The stock has a 50-day moving average price of $39.51 and a 200-day moving average price of $44.34. The company has a market cap of $724.90 million, a price-to-earnings ratio of -19.71, a P/E/G ratio of 1.29 and a beta of 1.94. Jack in the Box has a 1-year low of $32.69 and a 1-year high of $76.56.

Jack in the Box Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 8th. Investors of record on Thursday, March 20th will be issued a dividend of $0.44 per share. The ex-dividend date is Thursday, March 20th. This represents a $1.76 annualized dividend and a dividend yield of 4.58%. Jack in the Box's payout ratio is -82.63%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on JACK shares. Stifel Nicolaus decreased their target price on shares of Jack in the Box from $52.00 to $40.00 and set a "hold" rating on the stock in a research report on Friday, January 10th. TD Cowen restated a "hold" rating and set a $50.00 price objective on shares of Jack in the Box in a report on Thursday, November 21st. Morgan Stanley dropped their target price on Jack in the Box from $53.00 to $45.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 21st. Royal Bank of Canada decreased their price target on Jack in the Box from $55.00 to $45.00 and set an "outperform" rating on the stock in a research note on Wednesday. Finally, Wedbush downgraded shares of Jack in the Box from an "outperform" rating to a "neutral" rating and dropped their price objective for the company from $50.00 to $40.00 in a research note on Friday, February 21st. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Jack in the Box currently has a consensus rating of "Hold" and an average target price of $49.56.

Insiders Place Their Bets

In related news, SVP Sarah L. Super sold 1,688 shares of the business's stock in a transaction that occurred on Monday, December 23rd. The stock was 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 approximately $681,343.80. The trade was a 9.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders have sold a total of 2,190 shares of company stock worth $92,961 over the last quarter. 1.40% of the stock is owned by corporate insiders.

About Jack in the Box

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.