Jack in the Box (JACK) Quarter Not Likely to Mimic McDonald's (MCD)
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Price: $36.68 +0.69%
Rating Summary:
7 Buy, 5 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
7 Buy, 5 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade JACK Now!
Analyst at Oppenheimer said they view weak competitor results from McDonald's (NYSE: MCD) and Chipotle (NYSE: CMG) as "misunderstood noise overshadowing a unique and compelling investment opportunity" in on Jack In The Box (NASDAQ: JACK).
"Comps at MCD have been weak, but reasons are MCD-specific. JACK possesses company-specific comp catalysts in conjunction with new-found brand momentum that pave a path for above-average comp growth. Restaurant margins also appear mismodeled, which could drive EPS upside in F4Q12 and F13," said analyst Brian Bittner.
Jack in the box will report earnings on November 19th, and analyst like the name "into the print and beyond".
Oppenheimer has an Outperform rating on Jack In The Box (NASDAQ: JACK) with a price target of $32.00.
For an analyst ratings summary and ratings history on Jack In The Box click here. For more ratings news on Jack In The Box click here.
Shares of Jack In The Box closed at $25.14 yesterday, with a 52 week range of $18.65-$29.47.
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"Comps at MCD have been weak, but reasons are MCD-specific. JACK possesses company-specific comp catalysts in conjunction with new-found brand momentum that pave a path for above-average comp growth. Restaurant margins also appear mismodeled, which could drive EPS upside in F4Q12 and F13," said analyst Brian Bittner.
Jack in the box will report earnings on November 19th, and analyst like the name "into the print and beyond".
Oppenheimer has an Outperform rating on Jack In The Box (NASDAQ: JACK) with a price target of $32.00.
For an analyst ratings summary and ratings history on Jack In The Box click here. For more ratings news on Jack In The Box click here.
Shares of Jack In The Box closed at $25.14 yesterday, with a 52 week range of $18.65-$29.47.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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