Jack In The Box (JACK) Getting Somewhat Favorable Media Coverage, Study Finds

Media stories about Jack In The Box (NASDAQ:JACK) have been trending somewhat positive this week, Accern Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Jack In The Box earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned news articles about the restaurant operator an impact score of 45.6213964607335 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the media stories that may have effected Accern Sentiment’s rankings:

Jack In The Box (NASDAQ:JACK) traded down $0.41 during midday trading on Tuesday, reaching $102.57. The company had a trading volume of 438,984 shares, compared to its average volume of 639,212. The firm has a market cap of $3,030.00, a PE ratio of 25.13, a price-to-earnings-growth ratio of 1.60 and a beta of 0.52. Jack In The Box has a 12 month low of $90.89 and a 12 month high of $113.30. The company has a quick ratio of 0.63, a current ratio of 0.66 and a debt-to-equity ratio of -2.56.

A number of brokerages have commented on JACK. Robert W. Baird lowered their price target on Jack In The Box from $120.00 to $115.00 and set an “outperform” rating for the company in a research report on Tuesday, August 8th. Wedbush reaffirmed a “buy” rating on shares of Jack In The Box in a research report on Friday, August 11th. Barclays PLC lowered their price target on Jack In The Box from $110.00 to $103.00 and set an “equal weight” rating for the company in a research report on Thursday, August 10th. Oppenheimer Holdings, Inc. reissued an “outperform” rating and issued a $125.00 price objective on shares of Jack In The Box in a report on Thursday, August 10th. Finally, TheStreet cut Jack In The Box from a “b-” rating to a “c” rating in a report on Wednesday, August 9th. One analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company. Jack In The Box presently has an average rating of “Buy” and an average price target of $112.31.

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In related news, insider Frances L. Allen sold 530 shares of the company’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $102.71, for a total value of $54,436.30. Following the completion of the transaction, the insider now owns 10,979 shares of the company’s stock, valued at approximately $1,127,653.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.10% of the company’s stock.

About Jack In The Box

Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants (QSRs) and Qdoba Mexican Eats (Qdoba) fast-casual restaurants. The Company operates in two segments: Jack in the Box and Qdoba restaurant operations. Qdoba is a fast-casual Mexican food brand in the United States, offering food items including burritos, tacos, salads, and quesadillas.

Insider Buying and Selling by Quarter for Jack In The Box (NASDAQ:JACK)

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