Jack in the Box Inc. : Big comeback of buyers
Entry price | Target | Stop-loss | Potential |
---|
US$116.82 |
US$150 |
US$99 |
+28.4% |
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The recent break-out to the upside has created potential for further gains for shares in Jack in the Box Inc..
Summary● In a short-term perspective, the company has interesting fundamentals.
Strengths● Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 80.06 USD
Weaknesses● One of the major weak points of the company is its financial situation.
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