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Wedbush Stick to Their Buy Rating for Jack In The Box Inc

Published 02/18/2021, 05:25 PM
Updated 02/18/2021, 05:25 PM


Wedbush analyst Nick Setyan maintained a Buy rating on Jack In The Box (NASDAQ:JACK) Inc on Thursday, setting a price target of $120, which is approximately 20.70% above the present share price of $99.42.

Setyan expects Jack In The Box Inc to post earnings per share (EPS) of $1.65 for the first quarter of 2021.

The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Jack In The Box, with an average price target of $108.23.
The analysts price targets range from a high of $125 to a low of $74.

In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $255.4 million and a net profit of $66.54 million. The company's market cap is $2.28 billion.

According to TipRanks.com, Wedbush analyst Nick Setyan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.6% and a 59.03% 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.

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