BJ's Restaurants Given “Buy” Rating at Stifel Nicolaus (BJRI)
BJ's Restaurants (NASDAQ:BJRI)‘s stock had its “buy” rating reaffirmed by analysts at Stifel Nicolaus in a research report issued to clients and investors on Friday. They currently have a $43.00 price objective on the stock, up from their previous price objective of $38.00. Stifel Nicolaus’ price target would suggest a potential upside of 22.93% from the company’s current price.
A number of other analysts have also recently weighed in on BJRI. Analysts at Jefferies Group reiterated a “hold” rating on shares of BJ's Restaurants in a research note on Friday. They now have a $28.00 price target on the stock, up previously from $25.00. Separately, analysts at Barclays reiterated an “underweight” rating on shares of BJ's Restaurants in a research note on Friday. They now have a $28.00 price target on the stock, up previously from $27.00. Finally, analysts at Zacks upgraded shares of BJ's Restaurants from an “underperform” rating to a “neutral” rating in a research note on Wednesday, May 28th. They now have a $33.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $31.50.
BJ's Restaurants (NASDAQ:BJRI) traded up 14.16% during mid-day trading on Friday, hitting $34.98. The stock had a trading volume of 941,251 shares. BJ's Restaurants has a 1-year low of $25.11 and a 1-year high of $36.60. The stock has a 50-day moving average of $34.25 and a 200-day moving average of $31.27. The company has a market cap of $995.3 million and a P/E ratio of 51.07.
BJ's Restaurants (NASDAQ:BJRI) last announced its earnings results on Thursday, July 24th. The company reported $0.30 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.24 by $0.06. The company had revenue of $219.40 million for the quarter, compared to the consensus estimate of $219.25 million. During the same quarter in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 10.5% on a year-over-year basis. On average, analysts predict that BJ's Restaurants will post $0.72 earnings per share for the current fiscal year.
BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.
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