Richard D. Cook, the Senior Vice President and Chief Technology Officer of Jack in the Box Inc. (NASDAQ:JACK), recently reported a series of stock transactions involving the company's common stock. The transactions come at a time when Jack in the Box shares are trading near their 52-week low of $38.12, having declined about 50% over the past year. According to InvestingPro analysis, the stock currently appears undervalued. On December 20, Cook acquired 2,910 shares at no cost, as part of a vesting related to performance goals. Following this, on December 23, he sold a total of 1,349 shares at a price of $40.52 per share, amounting to a total sale value of $54,661. These sales were conducted to satisfy tax withholding obligations related to the vesting of performance shares and restricted stock units. After these transactions, Cook holds 16,237 shares directly. InvestingPro data reveals that management has been actively buying back shares, demonstrating confidence in the company's future prospects. Subscribers can access 10+ additional exclusive ProTips and comprehensive analysis in the Pro Research Report.
In other recent news, Jack in the Box's earnings and revenue have been a major focus for analysts. Stifel revised their 12-month price target for Jack in the Box from $55.00 to $52.00, citing anticipated increases in Selling, General, and Administrative (SG&A) expenses and pressure on restaurant margins. Their projections for fiscal year 2025 earnings per share (EPS) for the company are slightly below the consensus estimate, at $5.36. TD Cowen also maintained a Hold rating for Jack in the Box with a steady price target of $50.00, despite revising their EPS estimates downwards for 2025 and 2026 due to potential challenges.
RBC Capital Markets reduced their price target for Jack in the Box from $70.00 to $65.00, while keeping an Outperform rating. This adjustment followed the company's lower-than-anticipated financial results for the fourth quarter of 2025. Goldman Sachs also lowered their price target to $43.00 from $47.00, maintaining a Sell rating. Despite these adjustments, analysts noted Jack in the Box's strides in digital expansion, new market penetration, and restaurant development.
The company's fourth-quarter earnings for fiscal year 2024 exceeded estimates with earnings of $1.16 per share, although revenue fell short at $349.3 million. This was attributed to weaker same-store sales growth at both Jack in the Box and Del Taco brands. The restaurant profit margin stood at 15.1%, lower than projections made by Goldman Sachs and Visible Alpha. For fiscal 2025, the company projects an operating EPS between $5.05 and $5.45. These are the recent developments for Jack in the Box.
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