BJ’s Restaurants Stock Rating Reaffirmed by Jefferies Group (BJRI)
BJ’s Restaurants (NASDAQ:BJRI)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Group in a report issued on Friday, AnalystRatings.NET reports. They currently have a $25.00 target price on the stock, down from their previous target price of $27.00. Jefferies Group’s price objective would indicate a potential downside of 18.09% from the stock’s previous close.
Shares of BJ’s Restaurants (NASDAQ:BJRI) traded down 4.98% on Friday, hitting $29.00. 2,439,995 shares of the company’s stock traded hands. BJ’s Restaurants has a one year low of $25.50 and a one year high of $40.99. The stock’s 50-day moving average is $30. and its 200-day moving average is $31.17. The company has a market cap of $818.6 million and a price-to-earnings ratio of 32.13.
BJ’s Restaurants (NASDAQ:BJRI) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.13 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.17 by $0.04. The company had revenue of $188.24 million for the quarter, compared to the consensus estimate of $194.62 million. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. On average, analysts predict that BJ’s Restaurants will post $0.87 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Buckingham Research initiated coverage on shares of BJ’s Restaurants in a research note to investors on Friday, January 10th. They set a “neutral” rating on the stock. Separately, analysts at Zacks reiterated an “underperform” rating on shares of BJ’s Restaurants in a research note to investors on Friday, December 27th. They now have a $29.00 price target on the stock. Finally, analysts at Stephens downgraded shares of BJ’s Restaurants from an “overweight” rating to an “equal weight” rating in a research note to investors on Monday, October 28th. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. BJ’s Restaurants presently has a consensus rating of “Hold” and a consensus price target of $31.73.
BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.
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