Alert: Positive Investment/Fundamental Signals (12/19/23)-Jack in the Box Inc. (NASDAQ: JACK)

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Jack in the Box Inc. (NASDAQ: JACK) has benefited from exceptional positive changes in investment behavior: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and positive upside/downside volume developed.

Recent minimal positive changes in fundamentals have benefitted Jack in the Box Inc. (NASDAQ: JACK): significant quarterly earnings acceleration occurred.

The stock is currently unrated.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below 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 $82.75 on 12/19/23 after a slight decline of -0.4%. Trading volume in this decline was normal. The stock has risen 2.8% during the last week but has been weak relative to the market over the last nine months.

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