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Jack in the Box Inc. Message Board

  • unstoppable66@ymail.com 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.

 
JACK
57.29+1.37(+2.45%)Jul 22 4:00 PMEDT

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