BJ’s Restaurants Given Consensus Recommendation of “Hold” by Analysts (NASDAQ:BJRI)
BJ’s Restaurants (NASDAQ:BJRI) has been given a consensus recommendation of “Hold” by the fifteen ratings firms that are presently covering the company, AR Network reports. Two research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $31.10.
A number of analysts have recently weighed in on BJRI shares. Analysts at Barclays cut their price target on shares of BJ’s Restaurants from $24.00 to $23.00 in a research note on Thursday. Separately, analysts at Longbow Research initiated coverage on shares of BJ’s Restaurants in a research note on Friday, February 7th. They set an “underperform” rating on the stock.
Shares of BJ’s Restaurants (NASDAQ:BJRI) traded down 0.27% during mid-day trading on Friday, hitting $25.56. The stock had a trading volume of 333,642 shares. BJ’s Restaurants has a 52 week low of $25.21 and a 52 week high of $40.99. The stock’s 50-day moving average is $29.17 and its 200-day moving average is $29.69. The company has a market cap of $721.5 million and a price-to-earnings ratio of 26.98.
BJ’s Restaurants (NASDAQ:BJRI) last released its earnings data on Wednesday, February 19th. The company reported $0.06 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.06. The company had revenue of $199.80 million for the quarter, compared to the consensus estimate of $199.70 million. On average, analysts predict that BJ’s Restaurants will post $0.66 earnings per share for the current fiscal year.
BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.