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Jack In The Box Surges On Sale Rumor
Thursday, November 29, 2018 - 5:10pm | 391California-based fast food company, Jack in the Box Inc. (NASDAQ: JACK) has become an exclusive West Coast attraction, but may soon face significant alterations considering a new report from Reuters. What Happened Jack in the Box is exploring the possibility of selling the company, according to...
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Morgan Stanley's Drive-Thru Pair Trade: Buy Restaurant Brands International, Sell Jack In The Box
Monday, March 26, 2018 - 10:35am | 643A plethora of quick service restaurant chains have undergone a refranchising process in the last five years, with company-owned stores being sold to franchisees, Morgan Stanley said in a sector-wide industry report. Now that the process has mostly come to an end, the sell-side firm has become...
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Wedbush Develops An Appetite For Jack In The Box
Friday, January 26, 2018 - 1:20pm | 467Restaurant chain Jack in the Box Inc. (NASDAQ: JACK)'s move to sell its Qdoba business is among a handful of reasons why analysts at Wedbush are turning bullish on the stock. The Analyst Wedbush's Nick Setyan upgraded Jack in the Box's stock rating from Neutral to Outperform with a...
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Jack In The Box: With No Announcement, Qdoba Questions Persist
Thursday, November 30, 2017 - 11:52am | 383Jack in the Box Inc. (NASDAQ: JACK) reported Wednesday its fiscal fourth quarter earnings report, which may call into question the price tag the company may receive in the future should it proceed with the sale of its Qdoba chain. The Analyst UBS analyst Dennis Geiger maintains a Neutral rating...
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A Review Of Chipotle's Recovery Finds Challenges Remain
Tuesday, August 1, 2017 - 1:39pm | 583Chipotle Mexican Grill, Inc. (NYSE: CMG) has still failed to recover from its sharp sell-off in mid-July, despite posting strong second-quarter earnings July 25. Among the company's other recent woes since its norovirus outbreak are a new shareholder lawsuit and an investigation launched by the...
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Why It Makes Sense To Buy The Post-Earnings Dip In Jack In The Box
Tuesday, November 22, 2016 - 3:18pm | 257Oppenheimer’s Brian Bittner says he would Buy any near-term dip in the shares of Jack in the Box Inc. (NASDAQ: JACK) given “conservative” fiscal 2017 EPS outlook, "solid" sales trends and attractive valuation. Quarter In Review The restaurant operator’s adjusted...
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Consensus EPS Of Jack In The Box Has Upside Revision Potential
Friday, October 7, 2016 - 8:15am | 378Wedbush reiterated its Outperform rating and $115 price target on Jack in the Box Inc. (NASDAQ: JACK) shares, as its checks show solid comps in the fourth quarter and should pave way for potential upside EPS revisions. The company expects same-store sales increase of about 1.0 to 2.0 percent at...
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Oppenheimer Raises Jack In The Box Price Target To $91
Thursday, May 26, 2016 - 4:14pm | 286Oppenheimer has raised the price target of Jack in the Box Inc. (NASDAQ: JACK) to $91 from $86 after its bullish thesis got a boost after the company's investor meeting. The new price target implies an upside of 15 percent from Wednesday's close. "Re-franchising and G&A changes...
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BTIG Ups Jack In The Box's Price Target To $85
Friday, May 13, 2016 - 8:37am | 271Jack in the Box Inc. (NASDAQ: JACK) reported its 2QF16 results significantly ahead of expectations. BTIG’s Peter Saleh maintains a Buy rating on the company, while raising the price target from $79 to $85. Positive Trends Saleh explained that the 2Q beat was “aided by a few less common...
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Jack In The Box Fears Are Overdone, Says Oppenheimer
Thursday, May 12, 2016 - 10:39am | 290Despite widespread fears of a severe guidance cut, Jack in the Box Inc. (NASDAQ: JACK) maintained its FY16 EPS guidance of $3.50–$3.63. Oppenheimer’s Brian Bittner reiterated an Outperform rating on the company, with a price target of $86. Beat Results “While headline sales are...
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Has Qdoba Benefited From Chipotle's Decline?
Wednesday, May 11, 2016 - 6:20pm | 379Over the last two quarters, Chipotle Mexican Grill, Inc. (NYSE: CMG) has suffered a terrible loss of business due to E. coli outbreaks. Many investors thought this would leave a window open for competitors to capture market share. Jack in the Box (NASDAQ: JACK) - owner of Chipotle's main...
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Jack Shares Pop Out Of The Box Following Earnings Report
Wednesday, May 11, 2016 - 5:53pm | 199Jack in the Box Inc. (NASDAQ: JACK) shares rebounded in the after-hours session following its Q2 earnings beat.The company reported non-GAAP earnings per share of $0.85 vs. analyst estimates of $0.70. Jack's premier asset, Qdoba, has continued to consolidate its position in the fast-casual...
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Jack In The Box Focuses On Franchising To Cut Costs After Disappointing The Street
Thursday, February 18, 2016 - 11:03am | 309Wall Street took a bite out of Jack in the Box Inc. (NASDAQ: JACK) shares after the company missed consensus on earnings and revenue. The company didn't try to sugar-coat the results, as the sixth word from chairman and CEO Lenny Comma in the release was "disappointing." The...
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Jack In The Box Management Disappointed With Q1 Results; Wall Street Agrees
Wednesday, February 17, 2016 - 6:27pm | 280Jack In The Box Inc. (NASDAQ: JACK) shares have been walloped Wednesday evening following worse-than-expected first-quarter 2016 results and concerning guidance. The company, which operates and franchises Jack In The Box and Qdoba brand restaurants, posted quarterly earnings from continuing...
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Chipotle's E. Coli Disaster Was Qdoba's Gain, New Data Shows
Monday, February 1, 2016 - 3:11pm | 379The latest data from TickerTags shows that the E. coli scare at Chipotle Mexican Grill, Inc. (NYSE: CMG) may have created a market share opportunity for rival Qdoba and parent company Jack in the Box Inc. (NASDAQ: JACK). TickerTags monitors social media sites to identify trends by searching for...