Wedbush Has Negative Outlook for Jack in the Box Q2 Earnings

Jack in the Box Inc. (NASDAQ:JACK) – Research analysts at Wedbush decreased their Q2 2025 EPS estimates for Jack in the Box in a research note issued on Monday, November 18th. Wedbush analyst N. Setyan now anticipates that the restaurant operator will post earnings per share of $1.27 for the quarter, down from their previous estimate of $1.58. Wedbush currently has a “Outperform” rating and a $50.00 price objective on the stock. The consensus estimate for Jack in the Box’s current full-year earnings is $6.19 per share. Wedbush also issued estimates for Jack in the Box’s FY2025 earnings at $5.77 EPS.

JACK has been the subject of a number of other research reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $70.00 target price on shares of Jack in the Box in a research report on Monday, November 4th. Bank of America boosted their target price on Jack in the Box from $72.00 to $73.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. TD Cowen lowered their price target on Jack in the Box from $57.00 to $50.00 and set a “hold” rating on the stock in a research report on Wednesday, October 16th. UBS Group cut their price objective on Jack in the Box from $55.00 to $50.00 and set a “neutral” rating for the company in a report on Friday, October 4th. Finally, The Goldman Sachs Group lowered their target price on Jack in the Box from $55.00 to $47.00 and set a “sell” rating on the stock in a report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Jack in the Box has an average rating of “Hold” and a consensus price target of $62.81.

Jack in the Box Stock Performance

NASDAQ:JACK opened at $46.03 on Wednesday. The stock has a market cap of $880.37 million, a price-to-earnings ratio of -23.13, a PEG ratio of 0.70 and a beta of 1.93. Jack in the Box has a 1 year low of $40.84 and a 1 year high of $86.20. The business has a fifty day moving average of $46.12 and a 200-day moving average of $50.32.

Institutional Investors Weigh In On Jack in the Box

Several institutional investors and hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company raised its holdings 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 in the last quarter. EntryPoint Capital LLC increased its holdings in shares of Jack in the Box by 73.2% during the 1st quarter. EntryPoint Capital LLC now owns 866 shares of the restaurant operator’s stock valued at $59,000 after acquiring an additional 366 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Jack in the Box by 11.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,997 shares of the restaurant operator’s stock valued at $255,000 after acquiring an additional 503 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in Jack in the Box by 4.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 15,914 shares of the restaurant operator’s stock worth $1,090,000 after purchasing an additional 644 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its holdings in Jack in the Box by 4.5% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 18,486 shares of the restaurant operator’s stock worth $1,265,000 after purchasing an additional 790 shares during the last quarter. Institutional investors and hedge funds own 99.79% of the company’s stock.

Insider Buying and Selling at Jack in the Box

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

Jack in the Box Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 19th. Shareholders of record on Friday, August 30th were given a $0.44 dividend. The ex-dividend date was Friday, August 30th. This represents a $1.76 dividend on an annualized basis and a yield of 3.82%. Jack in the Box’s payout ratio 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.