Why Jack In The Box (JACK) is a Top Value Stock for the Long-Term
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Jack In The Box (JACK)
Based in San Diego, Jack in the Box Inc. is a restaurant company that operates and franchises through Jack in the Box quick-service restaurants and is one of the nation’s largest hamburger chains. In 1951, the company opened its first restaurant, and since then, Jack in the Box has become the largest hamburger chain. On the basis of a number of restaurants, the company’s top 10 markets comprise nearly 70% of the total system. Jack in the Box is also the second largest QSR hamburger chain in nine of those 10 markets.
JACK boasts a Value Style Score of A and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Jack In The Box are trading at a forward earnings multiple of 11.4X, as well as a PEG Ratio of 0.9, a Price/Cash Flow ratio of 7.4X, and a Price/Sales ratio of 0.9X.
A company's earnings performance is important for value investors as well. For fiscal 2024, three analysts revised their earnings estimate higher in the last 60 days for JACK, while the Zacks Consensus Estimate has increased $0.00 to $6.38 per share. JACK also holds an average earnings surprise of 6.6%.
Investors should take the time to consider JACK for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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