Back to top

Image: Bigstock

Jack in the Box (JACK) Jumps: Stock Rises 6.2%

Read MoreHide Full Article

Jack in the Box Inc. (JACK - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $75.18 to $81.65 in the past one-month time frame.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Jack in the Box currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Investors interested in the Retail – Restaurants industry may consider a better-ranked stock like Darden Restaurants, Inc. (DRI - Free Report) , which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is JACK going up? Or down? Predict to see what others think:Up or Down

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Janus Henderson Sustainable & Impact Core Bond ETF (JACK) - free report >>

Darden Restaurants, Inc. (DRI) - free report >>

Published in