Jack in the Box Inc. (NASDAQ:JACK) went down by -1.70% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Restaurants giant went up by $73.63 to trade ended Thursday trading at $74.90. This is down from the $74.9 price recorded on Wednesday’s trading session. Thanks to this latest performance, JACK is closer to the higher price 52-week target of $95.00 and further from the lowest price target of $54.00. Its performance from the start of the year has also been negative, with JACK down by -5.64% year-to-date.
Jack in the Box Inc. (JACK) started the day trading at $75.92 and recorded an intraday high of $76.11. It also recorded an intraday low of $73.3596 during Thursday’s trading session. Jack in the Box Inc. is a very active stock that recorded a trading volume that is less than -102.11% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 433648, which is less than -102.11 of the total average daily trading volume of 876.44K.
Jack in the Box Inc. (NASDAQ:JACK) 2020 Performance Impressive
The increase in JACK’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of JACK currently stands at $93.12, which is higher than the current trading price of the stock by 20.93%. However, JACK’s current trading price is -338.01% lower than the 52-week low price of $16.81. In terms of trading volume, Jack in the Box Inc. currently experienced healthy participation during the last trading session. 433648 shares of Jack in the Box Inc. were traded on the stock exchange on Thursday, which is less than -102.11% of the 876.44K average trading volume of the stock.
The performance of the stock has been positive over the past year. JACK’s performance over the past one year has seen it plunge by -10.01%, while the stock has gone down by -7.30% in the last six months. The quarterly performance of JACK currently stands at 131.40%, and it is up by 5.67% in the last month. The only positive figure was from the weekly performance, which currently reads 5.41%. At the time of writing JACK’s report, the company has a total market cap of $1.70B, making it one of the largest publicly-traded companies in the world.Jack in the Box Inc. also has over 5200 employees all over the world.
JACK Insider Activities
The insider transactions over the past six months are down by -1.50%.For Jack in the Box Inc. insiders bought 49,377 shares in 30 transactions. In that same period, insiders sold 55,791 of their shares in 16 transactions. After these transactions, insiders at Jack in the Box Inc. now hold 424.64k shares, which is over 110.28% of the total company stocks. Institutional investors currently hold a large chunk of the JACK shares, as they control 1.87% of the company’s total stock.
JACK Fundamental Analysis
For Jack in the Box Inc., the stock’s diluted earnings per share (EPS) stands at 2.20. In the coming year, analysts expect the EPS to be 4.58. The stock’s EPS growth this year is -25.90%, with analysts expecting almost a 2 growth in the earnings per share next week. In terms of revenue, Jack in the Box Inc.’s quarterly sales (YOY) is growing at 1.00, which is lower than the average annual revenue of 9.30% over the past half a decade.
The Return on Investment (ROI) on Jack in the Box Inc.’s stock currently stands at 33.10%, and it has a net profit margin of 5.60%. The operating margin of the company is 16.60%, and its gross margin is 59.50%.
JACK Analysts Prediction
In June 25, 2020, several analysts reiterated their positions on the Jack in the Box Inc. stock and predicted its performance to their investors. The analysts at Telsey Advisory Group believe JACK is still a Outperform and set the price target between $84 and $90. The Stifel has a Buy rating for Jack in the Box Inc., predicting the stock price to stay between $70 and $83. Another analyst that has a Neutral rating for JACK is Goldman, which set a price target of between $42 and $66.
JACK Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of JACK currently stands at 2.54%, while the SMA50 is 9.94%. The biggest one is the SMA200, which is currently reading 2.42% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 59.72, while its price to earnings ratio (P/E) is 33.50.
