Shares of BJ's Restaurants, Inc. (NASDAQ:BJRI - Get Free Report) have been assigned a consensus rating of "Hold" from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $40.40.
A number of equities research analysts have recently issued reports on the stock. Gordon Haskett upgraded shares of BJ's Restaurants from an "underperform" rating to a "hold" rating and set a $36.00 price target for the company in a research report on Wednesday, January 8th. Piper Sandler boosted their target price on BJ's Restaurants from $35.00 to $36.00 and gave the stock a "neutral" rating in a research report on Monday, November 4th. Wedbush raised their price target on BJ's Restaurants from $43.00 to $48.00 and gave the company an "outperform" rating in a research report on Friday, February 21st. Oppenheimer lowered shares of BJ's Restaurants from an "outperform" rating to a "market perform" rating in a research report on Tuesday, January 7th. Finally, Barclays increased their price objective on shares of BJ's Restaurants from $34.00 to $37.00 and gave the company an "underweight" rating in a research note on Friday, February 21st.
Read Our Latest Report on BJRI
BJ's Restaurants Stock Performance
NASDAQ BJRI traded down $1.29 on Friday, hitting $36.84. 294,946 shares of the company's stock were exchanged, compared to its average volume of 273,615. The firm's 50-day moving average price is $35.77 and its two-hundred day moving average price is $34.56. The firm has a market cap of $836.93 million, a price-to-earnings ratio of 54.18, a P/E/G ratio of 1.81 and a beta of 2.11. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.04 and a quick ratio of 0.28. BJ's Restaurants has a fifty-two week low of $27.61 and a fifty-two week high of $41.72.
BJ's Restaurants (NASDAQ:BJRI - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The restaurant operator reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.35 by $0.12. BJ's Restaurants had a net margin of 1.23% and a return on equity of 8.76%. The business had revenue of $344.34 million for the quarter, compared to analysts' expectations of $336.48 million. On average, research analysts expect that BJ's Restaurants will post 1.5 EPS for the current year.
Institutional Trading of BJ's Restaurants
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. New York State Teachers Retirement System boosted its stake in shares of BJ's Restaurants by 15.0% during the 3rd quarter. New York State Teachers Retirement System now owns 34,097 shares of the restaurant operator's stock worth $1,110,000 after purchasing an additional 4,440 shares during the last quarter. US Bancorp DE lifted its stake in shares of BJ's Restaurants by 142.9% during the third quarter. US Bancorp DE now owns 1,540 shares of the restaurant operator's stock valued at $50,000 after buying an additional 906 shares during the period. Emerald Advisers LLC boosted its position in BJ's Restaurants by 0.7% during the third quarter. Emerald Advisers LLC now owns 569,221 shares of the restaurant operator's stock worth $18,534,000 after acquiring an additional 4,009 shares during the last quarter. Olympiad Research LP acquired a new stake in BJ's Restaurants during the third quarter worth approximately $469,000. Finally, Aigen Investment Management LP purchased a new stake in BJ's Restaurants in the 3rd quarter worth approximately $323,000. Hedge funds and other institutional investors own 99.95% of the company's stock.
BJ's Restaurants Company Profile
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Get Free ReportBJ'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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