BJ's Restaurants Given Consensus Rating of “Hold” by Brokerages (NASDAQ:BJRI)
Shares of BJ's Restaurants (NASDAQ:BJRI) have received an average rating of “Hold” from the fourteen brokerages that are covering the company, Analyst Ratings Net reports. Two investment analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $31.50.
A number of analysts have recently weighed in on BJRI shares. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of BJ's Restaurants in a research note on Friday, July 25th. They now have a $43.00 price target on the stock, up previously from $38.00. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of BJ's Restaurants in a research note on Friday, July 25th. They now have a $28.00 price target on the stock, up previously from $25.00. Finally, analysts at Barclays reiterated an “underweight” rating on shares of BJ's Restaurants in a research note on Friday, July 25th. They now have a $28.00 price target on the stock, up previously from $27.00.
BJ's Restaurants (NASDAQ:BJRI) opened at 34.27 on Monday. BJ's Restaurants has a 52-week low of $25.11 and a 52-week high of $36.60. The stock’s 50-day moving average is $34.22 and its 200-day moving average is $31.39. The company has a market cap of $975.1 million and a price-to-earnings ratio of 57.94.
BJ's Restaurants (NASDAQ:BJRI) last released its earnings data on Thursday, July 24th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.32 earnings per share. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. Analysts expect that BJ's Restaurants will post $0.77 EPS for the current fiscal year.
In other BJ's Restaurants news, Chairman Gerald W. Deitchle sold 300,000 shares of the stock on the open market in a transaction dated Thursday, July 31st. The stock was sold at an average price of $34.25, for a total value of $10,275,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.
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