November 30, 2016 - By Clifton Ray
Jerry Rebel, an insider and also EXEC VP – CFO of the well-known company Jack In The Box Inc made sell. He made a sale of 7,431 shares of the corporation with the insider transaction having a market value near $768,338 USD – estimated based on $103.4 for every share. he now holds 0.34% of the total market capitalization of the company.
Out of 14 analysts covering Jack In The Box Inc. (NASDAQ:JACK), 8 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 57% are positive. $121 is the highest target while $70 is the lowest. The $95.80 average target is -8.72% below today’s ($104.95) stock price. Jack In The Box Inc. has been the topic of 27 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Equal-Weight” rating given on Thursday, May 26 by Barclays Capital. The stock of Jack in the Box Inc. (NASDAQ:JACK) has “Hold” rating given on Tuesday, April 5 by Evercore. BTIG Research maintained the stock with “Buy” rating in Friday, May 13 report. The firm has “Outperform” rating given on Thursday, May 26 by Robert W. Baird. The stock of Jack in the Box Inc. (NASDAQ:JACK) has “Buy” rating given on Friday, November 25 by Jefferies. Oppenheimer maintained the shares of JACK in a report on Thursday, August 6 with “Outperform” rating. Wedbush maintained the shares of JACK in a report on Friday, February 19 with “Outperform” rating. The stock of Jack in the Box Inc. (NASDAQ:JACK) has “Overweight” rating given on Friday, April 8 by Morgan Stanley. The rating was initiated by SunTrust on Wednesday, January 6 with “Neutral”. Jefferies maintained Jack in the Box Inc. (NASDAQ:JACK) rating on Thursday, November 19. Jefferies has “Buy” rating and $95 price target.
Insitutional Activity: The institutional sentiment increased to 0.92 in Q2 2016. Its up 0.14, from 0.78 in 2016Q1. The ratio improved, as 34 funds sold all Jack in the Box Inc. shares owned while 105 reduced positions. 50 funds bought stakes while 59 increased positions. They now own 31.72 million shares or 0.07% less from 31.74 million shares in 2016Q1.
Moreover, Dupont Capital has 0.03% invested in Jack in the Box Inc. (NASDAQ:JACK) for 17,470 shares. Samlyn Cap Limited Liability Corporation has 0.1% invested in the company for 47,883 shares. Liberty Mutual Group Asset Mngmt Incorporated has 0.04% invested in the company for 14,127 shares. Fifth Third Bank holds 0% of its portfolio in Jack in the Box Inc. (NASDAQ:JACK) for 137 shares. Menta Capital Ltd holds 12,721 shares or 0.15% of its portfolio. Allianz Asset Mngmt Ag accumulated 59,605 shares or 0% of the stock. Huntington Bank & Trust has 0% invested in the company for 28 shares. Wealthtrust has invested 0.01% of its portfolio in Jack in the Box Inc. (NASDAQ:JACK). First Mercantile Co accumulated 4,180 shares or 0.04% of the stock. Sei Invests has 0% invested in the company for 5,155 shares. Walleye Trading Limited Liability Company has 784 shares for 0% of their US portfolio. State Street has invested 0.01% of its portfolio in Jack in the Box Inc. (NASDAQ:JACK). Kcg has invested 0.01% of its portfolio in Jack in the Box Inc. (NASDAQ:JACK). State Teachers Retirement Sys reported 78,930 shares or 0.02% of all its holdings. Cipher L P accumulated 0.11% or 18,127 shares.
Insider Transactions: Since June 3, 2016, the stock had 0 insider buys, and 8 selling transactions for $12.36 million net activity. Shares for $200,000 were sold by DIRAIMO CAROL A on Thursday, September 22. COMMA LEONARD A sold $6.53 million worth of stock. 42,362 shares were sold by REBEL JERRY P, worth $4.19 million. 530 shares with value of $49,836 were sold by Allen Frances L. on Friday, November 4. RUDOLPH PHILLIP H also sold $833,488 worth of Jack in the Box Inc. (NASDAQ:JACK) shares. $82,701 worth of shares were sold by PEPPER RAYMOND on Friday, June 3. GUILBAULT KEITH M also sold $185,934 worth of Jack in the Box Inc. (NASDAQ:JACK) on Monday, August 8.
The stock closed at $104.95 during the last session. It is down 51.88% since April 27, 2016 and is uptrending. It has outperformed by 46.65% the S&P500.
Jack in the Box Inc. is a restaurant company. The company has a market cap of $3.31 billion. The Firm operates and franchises approximately 2,910 Jack in the Box quick-service restaurants and Qdoba Mexican Eats fast-casual restaurants (Qdoba). It has a 28.32 P/E ratio. The Company’s divisions are Jack in the Box and Qdoba Restaurant operations.
According to Zacks Investment Research, “Jack in the Box is a quick-service hamburger restaurant chain. Jack in the Box restaurants offer a broad selection of distinctive, innovative products targeted at the adult fast-food consumer. The Jack in the Box menu features a variety of hamburgers, specialty sandwiches, salads, Mexican food, finger foods and side items. The core of the Jack in the Box menu is its hamburger products, including its signature hamburgers, the Jumbo Jack, Ultimate Cheeseburger and Sourdough Jack.”
Analysts await Jack in the Box Inc. (NASDAQ:JACK) to report earnings on February, 15. They expect $1.26 earnings per share, up 35.48% or $0.33 from last year’s $0.93 per share. JACK’s profit will be $39.74M for 20.82 P/E if the $1.26 EPS becomes a reality. After $1.03 actual earnings per share reported by Jack in the Box Inc. for the previous quarter, Wall Street now forecasts 22.33% EPS growth.
More recent Jack in the Box Inc. (NASDAQ:JACK) news were published by: Businesswire.com which released: “Jack in the Box Inc. to Present at Investor Conferences in December” on November 29, 2016. Also Streetinsider.com published the news titled: “Form 3 JACK IN THE BOX INC /NEW For: Nov 17 Filed by: ALTER IWONA” on November 29, 2016. Streetinsider.com‘s news article titled: “Form 4 JACK IN THE BOX INC /NEW For: Nov 28 Filed by: DIRAIMO CAROL A” with publication date: November 30, 2016 was also an interesting one.
Jack in the Box Inc., incorporated on May 27, 1999, is a restaurant company. The Firm operates and franchises approximately 2,910 Jack in the Box quick-service restaurants (QSR) and Qdoba Mexican Eats fast-casual restaurants (Qdoba). The Company’s divisions are Jack in the Box and Qdoba Restaurant operations. The Firm operates and franchises approximately 2,250 Jack in the Box restaurants, primarily in the western and southern United States, including one in Guam, approximately 660 Qdoba restaurants across the United States, and approximately four in Canada.
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By Clifton Ray