|Bid||77.57 x 900|
|Ask||85.50 x 900|
|Day's Range||78.68 - 80.78|
|52 Week Range||75.09 - 108.55|
|Beta (3Y Monthly)||0.02|
|PE Ratio (TTM)||17.58|
|Earnings Date||Nov 19, 2018|
|Forward Dividend & Yield||1.60 (1.99%)|
|1y Target Est||96.21|
Last month the Centers for Disease Control and Prevention released a four-year study that revealed that 1 in 3 adults in the U.S. consume fast food on a given day. With men and the young eating more fast food than women and the elderly. Flying in the face of conventional wisdom, people with higher incomes were more likely to consume fast food than those with lower incomes, according to the survey.
Of the 17 analysts following Jack in the Box (JACK), 47.1% favor a “buy” as of November 14, while 52.9% favor a “hold.” None of the analysts favor a “sell” recommendation. On the same day, analysts set a target price of $96.21, which represents an upside potential of 20.0% from its current stock price of $80.19. Since the announcement of the company’s third-quarter earnings on August 8, Oppenheimer, Wedbush, Morgan Stanley, and Stifel cut their target prices.
For the fourth quarter, analysts expect Jack in the Box (JACK) to post an EPS of $0.85, which represents 16.0% growth from $0.73 in the fourth quarter of 2017. The EPS growth will likely be driven by the expanded EBIT (earnings before interest and tax) margin, lower effective tax rate, and share repurchases. Due to the enactment of tax reforms, Jack in the Box’s effective tax rate is expected to fall from 37.8% in the fourth quarter of 2017 to 28.3%.
Analysts expect Jack in the Box (JACK) to post revenues of $176.0 million in the fourth quarter, which represents a fall of 24.2% from $232.13 million in the fourth quarter of 2017. Refranchising company-owned restaurants will likely lower Jack in the Box’s revenues. In the last three quarters, Jack in the Box has refranchised 127 restaurants, which increased the ownership of franchised restaurants to 93.5%.
Jack in the Box (JACK) is scheduled to report its fourth-quarter earnings after the market closes on November 19. In the third quarter, Jack in the Box posted an adjusted EPS of $1.0 on revenues of $188.0 million. The company beat analysts’ EPS expectation of $0.88 and the revenue estimate of $184 million. Jack in the Box’s systemwide SSSG (same-store sales growth) returned to positive territory after posting a negative SSSG for the last five quarters.
Can McDonald’s Maintain Its Upward Momentum? Of the 31 analysts that follow McDonald’s (MCD), 74.2% favor a “buy” rating as of November 12, while the remaining 25.8% favor a “hold” rating. None of the analysts favored a “sell” recommendation.
Can McDonald’s Maintain Its Upward Momentum? For the next four quarters, analysts expect McDonald’s (MCD) to post adjusted EPS of $8.01, which represents growth of 5.5% from $7.59 in the corresponding four quarters of the previous year. The expansion of net margins and share repurchases are expected to drive the company’s EPS, while the decline in revenue could partially offset some of the growth in EPS.
Jack In The Box (JACK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
While soft demand may hurt Jack in the Box's (JACK) top line in the fourth quarter of fiscal 2018, refranchising initiatives are likely to boost earnings.
Greenwich, Connecticut-based Blue Harbour owns a 6.8 percent stake in the fast-food company and believes it is undervalued, according to a regulatory filing. The investor thinks Jack in the Box made the right decision to sell Qdoba Restaurant Corp. and divest a majority of its remaining company-owned units. Jack in the Box is now in a position to reap the benefits of a more focused corporate entity with improved profitability, Blue Harbour said.
McDonald’s (NYSE:MCD) has seen its stock surge to record highs. MCD stock has rocketed higher since its Oct. 23 earnings announcement. The earnings and revenue beat started an uptrend that has taken McDonald’s stock higher by over 10% within a two-week period.
Jack in the Box Inc. (JACK) will report fourth quarter fiscal 2018 operating results after market close on Monday, November 19, 2018, and the company will host a conference call to review the results on Tuesday, November 20, 2018, beginning at 8:30 a.m. PT. To access the live call through the Internet, log onto the Jack in the Box Inc. investors page at http://investors.jackinthebox.com at least 15 minutes prior to the call, in order to download and install any necessary audio software. Jack in the Box Inc. (JACK), based in San Diego, is a restaurant company that operates and franchises Jack in the Box® restaurants, one of the nation’s largest hamburger chains, with more than 2,200 restaurants in 21 states and Guam.
In 2014 Lenny Comma was appointed CEO of Jack in the Box Inc (NASDAQ:JACK). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we’ll consider Read More...
Papa John's (PZZA) higher costs, soft comps trend and a challenging sales environment are likely to reflect on third-quarter 2018 earnings.
It has been a little over a week since McDonald’s (NYSE:MCD) announced strong Q3 2018 earnings. Investors liked the news, sending MCD stock more than 7% higher in the days since. Consider McDonald’s stock’s same-store sales versus other fast-food options.
NEW YORK, Nov. 01, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Of the 26 analysts that cover Wendy’s (WEN), 61.5% have given it “buys,” and 38.5% have given it “holds.” No analysts have given it “sell” recommendations. On average, analysts have set a price target of $20.10 on the stock, which represents an upside potential of 17.1% from its price of $17.17. Since Wendy’s announcement of its second-quarter earnings results, SunTrust Robinson, Mizuho, Morgan Stanley, UBS, and JPMorgan Chase have raised their price targets on its stock.
The company’s EPS growth is expected to be driven by revenue growth, an expansion of its net margin, and share repurchases. Analysts expect Wendy’s net margin to improve from 7.2% to 9.0%. Due to the enactment of tax reforms in December 2017, analysts expect Wendy’s effective tax rate to fall from 37.1% in the third quarter of 2017 to 24.0%.
Analysts expect Wendy’s (WEN) to post revenue of $405.6 million in the third quarter, which represents a rise of 31.7% from $308.0 million in the corresponding quarter of 2017. The company’s revenue growth is expected to be driven by the adoption of a new accounting standard, the addition of new restaurants, and positive SSSG (same-store sales growth). The new accounting standard mandates the reporting of funds raised from franchisees for marketing under revenue and the addition of the same amount to operating costs, which will increase the company’s revenue during the quarter.
Wendy’s (WEN) is scheduled to post its third-quarter earnings results after the market closes on November 6. As of October 30, the company’s stock price was trading near $17.17, a rise of 0.9% since the announcement of its second-quarter earnings results on August 7. In the second quarter, Wendy’s posted adjusted EPS of $0.14 on revenue of $411 million compared to analysts’ EPS expectation of $0.16 and its revenue estimate of $407.6 million.
Since the announcement of McDonald’s (MCD) third-quarter earnings on October 23, RBC, Morgan Stanley, Telsey Advisory Group, Jefferies, and Stifel have all raised their price targets for the stock. RBC increased it from $175 to $190, Jefferies raised it from $190 to $200, Morgan Stanley raised it from $167 to $173, and Stifel increased it from $168 to $174. Analysts’ average price target is $190.85, which represents an upside potential of 7.7% from its current price of $177.15.
For the third quarter, McDonald’s (MCD) posted adjusted EPS of $2.10, which was a growth of 19.3% from $1.76 in Q3 2017. Its EPS was negatively impacted by $0.05 due to foreign currency translation. So under constant currency, its adjusted EPS increased 22%.