Zacks Research Forecasts Lower Earnings for BJ’s Restaurants

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Analysts at Zacks Research lowered their Q1 2027 earnings per share estimates for BJ’s Restaurants in a research report issued to clients and investors on Wednesday, April 23rd. Zacks Research analyst H. Ray now expects that the restaurant operator will earn $0.56 per share for the quarter, down from their prior estimate of $0.57. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $1.50 per share. Zacks Research also issued estimates for BJ’s Restaurants’ FY2027 earnings at $2.34 EPS.

Other equities analysts also recently issued reports about the stock. Barclays dropped their target price on shares of BJ’s Restaurants from $37.00 to $31.00 and set an “underweight” rating on the stock in a research note on Tuesday. Oppenheimer downgraded BJ’s Restaurants from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 7th. Wedbush upped their target price on BJ’s Restaurants from $43.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday, February 21st. Finally, Gordon Haskett upgraded BJ’s Restaurants from an “underperform” rating to a “hold” rating and set a $36.00 price target on the stock in a research note on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $39.20.

BJ’s Restaurants Trading Down 2.0 %

NASDAQ BJRI opened at $33.02 on Thursday. The stock has a market cap of $750.15 million, a PE ratio of 48.56, a PEG ratio of 1.81 and a beta of 1.78. BJ’s Restaurants has a 12 month low of $27.61 and a 12 month high of $41.72. The company’s 50-day moving average price is $34.18 and its 200-day moving average price is $35.11. The company has a current ratio of 0.04, a quick ratio of 0.28 and a debt-to-equity ratio of 0.18.

BJ’s Restaurants (NASDAQ:BJRI) last announced its quarterly earnings data on Thursday, February 20th. The restaurant operator reported $0.47 EPS for the quarter, beating the consensus estimate of $0.35 by $0.12. BJ’s Restaurants had a return on equity of 8.76% and a net margin of 1.23%. The company had revenue of $344.34 million for the quarter, compared to the consensus estimate of $336.48 million.

Institutional Trading of BJ’s Restaurants

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of BJ’s Restaurants during the 1st quarter worth $254,000. SG Americas Securities LLC boosted its holdings in shares of BJ’s Restaurants by 99.9% in the 1st quarter. SG Americas Securities LLC now owns 10,680 shares of the restaurant operator’s stock valued at $366,000 after buying an additional 5,336 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of BJ’s Restaurants by 3,594.6% in the 1st quarter. GAMMA Investing LLC now owns 13,670 shares of the restaurant operator’s stock valued at $468,000 after buying an additional 13,300 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of BJ’s Restaurants by 18.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,076 shares of the restaurant operator’s stock worth $1,268,000 after acquiring an additional 5,722 shares in the last quarter. Finally, Voloridge Investment Management LLC purchased a new stake in BJ’s Restaurants during the fourth quarter valued at approximately $1,050,000. Institutional investors own 99.95% of the company’s stock.

BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc owns and operates casual dining restaurants in the United States. Its restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts under brand name Pizookie. The company was formerly known as Chicago Pizza & Brewery, Inc and changed its name to BJ’s Restaurants, Inc in August 2004.