Jack in the Box Inc.JACK was a big mover last session, as the company saw its shares rise almost 6% on the day. The upside came on the back of solid fiscal 2016 earnings guidance issued along with the fourth-quarter results. This led to more shares changing hands than in a normal session. This reverses the recent trend for the company - as the stock is now up more than 6% in the past one-month time frame.
The company has seen 2 positive estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Jack in the Box currently has a Zacks Rank #1 (Strong Buy).
Another well-ranked stock in the same space is BJ's Restaurants, Inc. BJRI sporting the same Zacks Rank as Jack in the Box.
Is JACK going up? Or down? Predict to see what others think: Up or Down
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BJ'S RESTAURANT (BJRI): Free Stock Analysis Report
JACK IN THE BOX (JACK): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
