BJ’s Restaurants, Inc. (NASDAQ:BJRI – Free Report) – Stock analysts at Zacks Research dropped their FY2026 earnings per share (EPS) estimates for BJ’s Restaurants in a research report issued on Wednesday, April 23rd. Zacks Research analyst H. Ray now expects that the restaurant operator will post earnings of $1.93 per share for the year, down from their previous estimate of $1.94. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $1.50 per share.
Several other analysts have also issued reports on the stock. Wedbush upped their price target on shares of BJ’s Restaurants from $43.00 to $48.00 and gave the company an “outperform” rating in a research report on Friday, February 21st. 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 report on Wednesday, January 8th. Barclays dropped their price objective on BJ’s Restaurants from $37.00 to $31.00 and set an “underweight” rating for the company in a research note on Tuesday. Finally, Oppenheimer downgraded shares of BJ’s Restaurants from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, BJ’s Restaurants presently has a consensus rating of “Hold” and an average price target of $39.20.
BJ’s Restaurants Stock Up 1.0 %
Shares of BJRI opened at $33.35 on Friday. BJ’s Restaurants has a 1 year low of $27.61 and a 1 year high of $41.72. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.04 and a quick ratio of 0.28. The stock has a 50 day simple moving average of $34.13 and a two-hundred day simple moving average of $35.12. The firm has a market cap of $757.65 million, a P/E ratio of 49.04, a P/E/G ratio of 1.81 and a beta of 1.78.
BJ’s Restaurants (NASDAQ:BJRI – Get Free Report) last released its earnings results on Thursday, February 20th. The restaurant operator reported $0.47 EPS for the quarter, beating analysts’ consensus estimates 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 business had revenue of $344.34 million for the quarter, compared to analysts’ expectations of $336.48 million.
Institutional Trading of BJ’s Restaurants
A number of institutional investors and hedge funds have recently bought and sold shares of BJRI. Dimensional Fund Advisors LP lifted its position in BJ’s Restaurants by 6.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,242,137 shares of the restaurant operator’s stock valued at $43,642,000 after acquiring an additional 78,852 shares in the last quarter. Nomura Holdings Inc. increased its holdings in BJ’s Restaurants by 23.9% in the 4th quarter. Nomura Holdings Inc. now owns 837,031 shares of the restaurant operator’s stock worth $29,409,000 after buying an additional 161,495 shares in the last quarter. American Century Companies Inc. raised its position in BJ’s Restaurants by 12.8% in the 4th quarter. American Century Companies Inc. now owns 699,434 shares of the restaurant operator’s stock worth $24,575,000 after buying an additional 79,512 shares during the last quarter. Emerald Advisers LLC lifted its stake in BJ’s Restaurants by 2.6% during the 4th quarter. Emerald Advisers LLC now owns 583,828 shares of the restaurant operator’s stock valued at $20,513,000 after acquiring an additional 14,607 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of BJ’s Restaurants by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 493,006 shares of the restaurant operator’s stock valued at $16,056,000 after acquiring an additional 5,075 shares during the last quarter. 99.95% of the stock is currently owned by institutional investors.
About BJ’s Restaurants
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.
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