This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: JACK-IN-THE-BOX, INC (JACK)
Earnings Release: 5/16/18 (AMC-Today)
Position Entry: (at or near EOD-end of day)
Last 3 Quarters: “Jump Zone” Move: 6.04%, -5.55%, 3.31%
Consensus Estimates: ($NA whisper) ($.89 estimize) ($.86 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates
ANALYSIS: StockJumpers trajectory analysis reveals a less than stellar report even though expectations are for a strong beat. We think their numbers will be ” in-line ” but with an overall negative market reaction even with lowered expectations. There may be some management issues announced that market sentiment is not comfortable with. We may see more of a see-saw response post release with the bulls and bears trying to decide which way to go vs an immediate pop or drop.
We are overall SHORT for this event but may wait for the news
(Note: This is an After Market Close (AMC) release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 6-8%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
Click here to go to the research page to review the current financials and analysis of this stock before you place any positions. Just enter the ticker symbol.