Jack in the Box (NASDAQ:JACK) posted its quarterly earnings data on Monday. The restaurant operator reported $1.75 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.74 by $0.01, MarketWatch Earnings reports. Jack in the Box had a negative return on equity of 20.52% and a net margin of 14.69%. The firm had revenue of $278.50 million during the quarter, compared to the consensus estimate of $288.76 million. During the same period in the prior year, the business earned $1.61 EPS. The firm’s revenue was up 9.0% compared to the same quarter last year.
Shares of Jack in the Box stock traded down $3.30 during trading hours on Wednesday, reaching $89.70. 13,770 shares of the company’s stock were exchanged, compared to its average volume of 342,060. Jack in the Box has a 52-week low of $87.71 and a 52-week high of $124.53. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 12.43, a price-to-earnings-growth ratio of 0.79 and a beta of 1.76. The company has a fifty day moving average of $99.28 and a 200-day moving average of $106.56.
Several institutional investors have recently modified their holdings of the business. Janus Henderson Group PLC purchased a new position in shares of Jack in the Box during the 3rd quarter worth $224,000. Morgan Stanley raised its position in shares of Jack in the Box by 4.1% in the 2nd quarter. Morgan Stanley now owns 70,435 shares of the restaurant operator’s stock worth $7,849,000 after buying an additional 2,774 shares during the period. Finally, UBS Group AG raised its position in shares of Jack in the Box by 154.2% in the 3rd quarter. UBS Group AG now owns 33,923 shares of the restaurant operator’s stock worth $3,301,000 after buying an additional 96,534 shares during the period. 98.87% of the stock is currently owned by institutional investors.
About Jack in the Box
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.
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