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Cowen & Co. Sticks to Their Hold Rating for Jack In The Box Inc


Cowen & Co. analyst Andrew Charles maintained a Hold rating on Jack In The Box (NASDAQ:JACK) Inc on Wednesday, setting a price target of $42, which is approximately 38.44% below the present share price of $68.23.

Charles expects Jack In The Box (NYSE:BOX) Inc to post earnings per share (EPS) of $0.33 for the second quarter of 2020.

The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Jack In The Box, with an average price target of $65.07.
The analysts price targets range from a high of $90 to a low of $32.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $307.67 million and a net profit of $59.08 million. The company's market cap is $1.49 billion.

According to TipRanks.com, Cowen & Co. analyst Andrew Charles is a 5-star analyst with an average return of 15.7% and a 68.9% 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.