Q1 EPS Forecast for BJ's Restaurants Increased by Analyst

BJ's Restaurants, Inc. (NASDAQ:BJRI - Free Report) - Stock analysts at William Blair boosted their Q1 2025 earnings per share (EPS) estimates for BJ's Restaurants in a research report issued on Tuesday, April 22nd. William Blair analyst S. Zackfia now anticipates that the restaurant operator will post earnings per share of $0.39 for the quarter, up from their prior estimate of $0.38. The consensus estimate for BJ's Restaurants' current full-year earnings is $1.50 per share. William Blair also issued estimates for BJ's Restaurants' Q3 2025 earnings at $0.09 EPS and FY2025 earnings at $1.78 EPS.

Other research analysts also recently issued research reports about the company. Oppenheimer downgraded BJ's Restaurants from an "outperform" rating to a "market perform" rating in a research note on Tuesday, January 7th. Wedbush lifted their price objective on BJ's Restaurants from $43.00 to $48.00 and gave the stock an "outperform" rating in a research report on Friday, February 21st. 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 report on Tuesday, April 22nd. Finally, Gordon Haskett upgraded BJ's Restaurants from an "underperform" rating to a "hold" rating and set a $36.00 price objective for the company in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, BJ's Restaurants has a consensus rating of "Hold" and a consensus price target of $39.20.

BJ's Restaurants Price Performance

Shares of NASDAQ:BJRI traded up $0.14 during midday trading on Friday, hitting $33.49. 1,455,914 shares of the stock were exchanged, compared to its average volume of 355,420. The stock has a market cap of $747.36 million, a P/E ratio of 49.25, a PEG ratio of 1.81 and a beta of 1.78. 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 has a twelve month low of $27.61 and a twelve month high of $41.72. The company has a 50 day moving average price of $34.13 and a 200-day moving average price of $35.15.

BJ's Restaurants (NASDAQ:BJRI - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The restaurant operator reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.12. The business had revenue of $344.34 million during the quarter, compared to the consensus estimate of $336.48 million. BJ's Restaurants had a return on equity of 8.76% and a net margin of 1.23%.

Institutional Trading of BJ's Restaurants

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in BJ's Restaurants by 3.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,774 shares of the restaurant operator's stock valued at $379,000 after buying an additional 342 shares during the period. US Bancorp DE grew its holdings in BJ's Restaurants by 23.5% in the 4th quarter. US Bancorp DE now owns 1,902 shares of the restaurant operator's stock valued at $67,000 after buying an additional 362 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in BJ's Restaurants by 8.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,176 shares of the restaurant operator's stock valued at $709,000 after buying an additional 1,486 shares during the period. Principal Financial Group Inc. grew its holdings in BJ's Restaurants by 1.6% in the 4th quarter. Principal Financial Group Inc. now owns 110,833 shares of the restaurant operator's stock valued at $3,894,000 after buying an additional 1,752 shares during the period. Finally, Cibc World Markets Corp grew its holdings in BJ's Restaurants by 1.4% in the 4th quarter. Cibc World Markets Corp now owns 126,771 shares of the restaurant operator's stock valued at $4,454,000 after buying an additional 1,771 shares during the period. 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.