Jack In The Box, Inc. (JACK): The stock short term indicators are indicating Sell today

Jack In The Box, Inc. (JACK) saw an uptrend of 0.15% in the recent trading with $46.19 being its most recent. The current price level -46.42% lower than the highest price of $86.20 marked by the stock while trading over the past 52-weeks, whereas it is 0.61% higher than the lowest price of $45.91 the company dropped to over past 52-weeks. The latest news story on JACK appeared in (Insider Monkey) under the title “Jack in the Box (JACK) Fell Due to a Delay in the New Unit Opening Plan”.

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Squeezing the time span to 30 day period shows us the stock is currently trading -17.94% below one month high and is +2.11% above of the lowest during that time. Looking into the simple moving average, Jack In The Box, Inc. (JACK)’s stock stands at a SMA-50 of $52.31 while that of 5-day is reading $47.75.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and JACK’s SMA-200 as of now is $64.16.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 22 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.43 for the stock.

Jack In The Box, Inc. Earnings – What Happened With JACK

Coming around sales and income figures on JACK Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

JACK – Jack In The Box, Inc. Stock Earnings Estimates

The perspective of Jack In The Box, Inc. (NASDAQ:JACK)’s current quarter earnings identifies that analysts are in consensus over the estimate of 1.15 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 1.09.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 19.73 million. JACK does have institutional investors; and they hold 106.59% of the stock.

Jack In The Box, Inc. – Insider Activity and Holdings

As on 2024-06-30, BLACKROCK INC. was the top most holder in Jack In The Box, Inc. (NASDAQ:JACK) with an ownership of 3.0 million shares of the company or 15.2424 of the stake worth $152.6 million. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 13.0589 of the outstanding shares. Its stake is worth $130.74 million for having 2.57 million shares in hand.

CAPITAL WORLD INVESTORS also came holding a key position in the company during the recent quarter and it now holds 8.1749 of the outstanding shares. With this there are now 289.0 institutions which have possession in JACK’s shares.

Currently, the stock has been recommended as Moderate Buy by 22 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.43 for the stock.

Technical Analysis of Jack In The Box, Inc. (NASDAQ:JACK) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Jack In The Box, Inc. (JACK), we notice that the stock’s 20-day average volume is at 557,990 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 520,410 shares. And to end, JACK’s 100-day average volume is 556,626 shares with 100% of the long-term indicators pointing towards Sell for the stock.