Q1 EPS Estimates for BJ's Restaurants Reduced by Wedbush

BJ's Restaurants, Inc. (NASDAQ:BJRI - Free Report) - Investment analysts at Wedbush reduced their Q1 2025 earnings estimates for shares of BJ's Restaurants in a research report issued to clients and investors on Friday, February 21st. Wedbush analyst N. Setyan now forecasts that the restaurant operator will post earnings of $0.35 per share for the quarter, down from their previous forecast of $0.43. Wedbush has a "Outperform" rating and a $48.00 price objective on the stock. The consensus estimate for BJ's Restaurants' current full-year earnings is $1.50 per share. Wedbush also issued estimates for BJ's Restaurants' Q2 2025 earnings at $0.73 EPS, FY2025 earnings at $1.74 EPS and Q1 2026 earnings at $0.49 EPS.

A number of other research firms have also commented on BJRI. Piper Sandler increased their price target on BJ's Restaurants from $35.00 to $36.00 and gave the company a "neutral" rating in a research report on Monday, November 4th. Barclays lifted their price objective on BJ's Restaurants from $34.00 to $37.00 and gave the stock an "underweight" rating in a report on Friday, February 21st. Oppenheimer downgraded BJ's Restaurants from an "outperform" rating to a "market perform" rating in a research note on Tuesday, January 7th. Finally, Gordon Haskett upgraded 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. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $40.40.

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BJ's Restaurants Trading Up 0.8 %

Shares of NASDAQ:BJRI traded up $0.29 during midday trading on Monday, hitting $37.41. 467,274 shares of the stock were exchanged, compared to its average volume of 275,217. The business's 50-day moving average price is $35.66 and its 200 day moving average price is $34.38. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.28 and a current ratio of 0.04. The stock has a market capitalization of $853.58 million, a price-to-earnings ratio of 55.01, a P/E/G ratio of 1.81 and a beta of 2.11. BJ's Restaurants has a 12 month low of $27.61 and a 12 month high of $41.72.

BJ's Restaurants (NASDAQ:BJRI - Get Free Report) last posted its earnings results on Thursday, February 20th. The restaurant operator reported $0.47 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analysts' expectations of $336.48 million.

Institutional Trading of BJ's Restaurants

A number of large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP boosted its stake in BJ's Restaurants by 6.8% in the fourth 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 stake 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 valued at $29,409,000 after purchasing an additional 161,495 shares in the last quarter. American Century Companies Inc. increased its position in BJ's Restaurants by 12.8% during the fourth 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 in the last quarter. Emerald Advisers LLC increased its position in BJ's Restaurants by 2.6% during the fourth quarter. Emerald Advisers LLC now owns 583,828 shares of the restaurant operator's stock worth $20,513,000 after buying an additional 14,607 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of BJ's Restaurants by 1.0% during the third quarter. Geode Capital Management LLC now owns 493,006 shares of the restaurant operator's stock worth $16,056,000 after purchasing an additional 5,075 shares during the last quarter. Hedge funds and other 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.