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Professional

[BLOG] Dan Shuart

Added to YB: 2024-06-03

Pitch date: 2024-06-01

JACK [bullish]

Jack in the Box Inc.

-60.36%

current return

Author Info

Company Info

Jack in the Box Inc. operates and franchises quick-service restaurants under the Jack in the Box and Del Taco brands in the United States.

Market Cap

$357.6M

Pitch Price

$53.18

Price Target

N/A

Dividend

N/A

EV/EBITDA

5.55

P/E

-5.60

EV/Sales

2.32

Sector

Hotels, Restaurants and Leisure

Category

value

Show full summary:
Jack in the Box: Another QSR Casualty

JACK: QSR franchisor facing headwinds trades at 8.5x earnings. Targeting 4-6.5% system sales growth (2-4% SSS, 2.5% NUG), re-rating to 15x = 10%+ IRR. Risks: CA min wage hike, struggling low-end consumer, high leverage. Pros: Simple biz, strong buybacks, capital-light model.

Read full article (9 min)