Jack In The Box, Inc (NASDAQ:JACK) price on Friday, April 11, fall -0.36% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $24.73.
A look at the stock’s price movement, the close in the last trading session was $24.82, moving within a range at $23.61 and $25.1496. The beta value (5-Year monthly) was 1.825. Turning to its 52-week performance, $62.26 and $22.34 were the 52-week high and 52-week low respectively. Overall, JACK moved -20.56% over the past month.
Jack In The Box, Inc’s market cap currently stands at around $466.36 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24. The company has a Forward Dividend ratio of 1.76, with its dividend yield at 7.12%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 345.81M for the company’s revenue for the quarter, with a low and high estimate of 339.63M and 351.1M respectively. The average forecast suggests down to a -5.35% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.53B, representing a -2.86% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that JACK is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
22 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 8 analyst(s) rate the stock as a Hold, 13 recommend JACK as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
JACK’s current price about -10.62% and -26.71% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 33.77, while 7-day volatility ratio is 11.07% and 5.97% in the 30-day chart. Further, Jack In The Box, Inc (JACK) has a beta value of 1.35, and an average true range (ATR) of 1.94. Analysts have given the company’s stock an average 52-week price target of $55.5, forecast between a low of $40 and high of $70. Looking at the price targets, the low is -61.75% off current price level while to achieve the yearly target high, price needs to move -183.06%. Nonetheless, investors will most likely welcome a -124.42% jump to $55.5 which is the analysts’ median price.
If we refocus on Jack In The Box, Inc (NASDAQ:JACK), historical trading data shows that trading volumes averaged 1.29 over the past 10 days and 819.65K over the past 3 months. The company’s latest data on shares outstanding shows there are 18.85 million shares.
The 3.56% of Jack In The Box, Inc’s shares are in the hands of company insiders while institutional holders own 113.31% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.55 million on 2025-03-14, giving us a short ratio of 3.78. The data shows that as of 2025-03-14 short interest in Jack In The Box, Inc (JACK) stood at 2652.0002 of shares outstanding, with shares short rising to 3.09 million registered in 2025-02-14. Current price change has pushed the stock -40.61% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the JACK stock continues to rise going into the next quarter.
