Wedbush analyst Nick Setyan maintained a Buy rating on Jack In The Box (NASDAQ:JACK) Inc on Thursday, setting a price target of $100, which is approximately 26.09% above the present share price of $79.31.
Setyan expects Jack In The Box Inc to post earnings per share (EPS) of $1.42 for the fourth quarter of 2020.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Jack In The Box, with an average price target of $88.92.
The analysts price targets range from a high of $100 to a low of $64.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $242.28 million and a net profit of $61.42 million. The company's market cap is $1.8 billion.
According to TipRanks.com, Wedbush analyst Nick Setyan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.7% and a 56.13% success rate.
Jack in the Box, Inc. engages in operating and franchising a chain of quick-service and fast-casual restaurants. It operates through the Jack in the Box Restaurant segments. The Jack in the Box Restaurant segment offers a broad selection of distinctive products including burgers like Jumbo Jack burgers, and product lines such as Buttery Jack burgers including the Brunchfast menu. The company was founded by Robert Oscar Peterson in 1951 and is headquartered in San Diego, CA.