Wedbush Has Negative Outlook of Jack in the Box Q2 Earnings

Jack in the Box Inc. (NASDAQ:JACK) – Research analysts at Wedbush lowered their Q2 2025 earnings per share (EPS) estimates for Jack in the Box in a note issued to investors on Monday, November 18th. Wedbush analyst N. Setyan now anticipates that the restaurant operator will post earnings of $1.27 per share for the quarter, down from their previous forecast of $1.58. Wedbush currently has a “Outperform” rating and a $50.00 target price on the stock. The consensus estimate for Jack in the Box’s current full-year earnings is $6.18 per share. Wedbush also issued estimates for Jack in the Box’s FY2025 earnings at $5.77 EPS.

Other analysts have also recently issued research reports about the company. Northcoast Research cut Jack in the Box from a “buy” rating to a “neutral” rating in a research report on Thursday, November 14th. Guggenheim reduced their price objective on Jack in the Box from $95.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday. TD Cowen reiterated a “hold” rating and set a $50.00 price objective on shares of Jack in the Box in a research report on Thursday. Bank of America upped their price objective on Jack in the Box from $72.00 to $73.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Finally, Royal Bank of Canada cut their price target on Jack in the Box from $70.00 to $65.00 and set an “outperform” rating for the company in a report on Thursday. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $62.00.

Jack in the Box Stock Performance

Jack in the Box stock opened at $47.76 on Wednesday. The stock has a market cap of $913.55 million, a PE ratio of -24.00, a price-to-earnings-growth ratio of 1.06 and a beta of 1.93. Jack in the Box has a one year low of $40.84 and a one year high of $86.20. The stock has a fifty day moving average of $46.28 and a 200 day moving average of $50.27.

Hedge Funds Weigh In On Jack in the Box

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company boosted its stake in Jack in the Box by 3.8% during the second quarter. The Manufacturers Life Insurance Company now owns 9,733 shares of the restaurant operator’s stock valued at $496,000 after buying an additional 358 shares during the last quarter. EntryPoint Capital LLC raised its position in Jack in the Box by 73.2% during the first quarter. EntryPoint Capital LLC now owns 866 shares of the restaurant operator’s stock valued at $59,000 after purchasing an additional 366 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Jack in the Box by 11.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,997 shares of the restaurant operator’s stock valued at $255,000 after purchasing an additional 503 shares during the period. Price T Rowe Associates Inc. MD raised its position in Jack in the Box by 4.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 15,914 shares of the restaurant operator’s stock valued at $1,090,000 after purchasing an additional 644 shares during the period. Finally, CANADA LIFE ASSURANCE Co raised its position in Jack in the Box by 4.5% during the first quarter. CANADA LIFE ASSURANCE Co now owns 18,486 shares of the restaurant operator’s stock valued at $1,265,000 after purchasing an additional 790 shares during the period. 99.79% of the stock is owned by institutional investors.

Insider Transactions at Jack in the Box

In related news, CFO Brian M. Scott sold 696 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $48.66, for a total transaction of $33,867.36. Following the completion of the transaction, the chief financial officer now directly owns 13,201 shares of the company’s stock, valued at approximately $642,360.66. This represents a 5.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.60% of the company’s stock.

Jack in the Box Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Thursday, December 12th will be paid a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.69%. The ex-dividend date is Thursday, December 12th. Jack in the Box’s dividend payout ratio (DPR) is -88.44%.

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.