Alert: Positive Investment/Fundamental Signals (11/22/23)-Jack in the Box Inc. (NASDAQ: JACK)

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Jack in the Box Inc. (NASDAQ: JACK). Extremely significant positive changes in investment behavior have recently occurred: the stock rose on very heavy volume, and positive upside/downside volume developed.

Notable positive changes in Jack in the Box Inc. (NASDAQ: JACK) fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

The stock is currently unrated.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, JACK is expected to be a major Value Eraser.

Jack in the Box is currently unrated.

Recent Price Action

Jack in the Box Inc. (NASDAQ: JACK) stock closed at $70.13 on 11/22/23 after an increase of 1.8%. Relative to the market the stock has been weak over the last nine months but has risen 1.3% during the last week.

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