Wed, Oct 1, 2014, 6:19 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Jack in the Box Inc. Message Board

  • unstoppable66 Apr 14, 2011 10:27 PM Flag

    Credit Suisse - Underperform

    So, Credit Suisse came up with an underperform rating and price target $20. That took JACK down pretty well.

    When I read the report, I don't think it's so bad. I will get to it in more detail later. For now I will just say that the analyst increased profit estimates:
    2011 - $1.50
    2012 - $1.92
    2013 - $1.99
    but for 2014 - decrease to $1.72

    And that decrease in fiscal 2014 is a reason for his cut of rating. He is saying that JACK should be traded at $25.86 in 2014, giving 1.72 EPS and 15 PE ratio. After than he discounts the price to today, which gives him value 19.90 (which is his $20 target).

    OK, I am going to wait the 3-4 years for 25. What else I can do ?? LOL, I am not going to sell at loss.

67.04-1.15(-1.69%)Oct 1 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.