Insider Selling: BJ's Restaurants Director Sells 5,155 Shares of Stock (BJRI)
BJ's Restaurants (NASDAQ:BJRI) Director J Roger King sold 5,155 shares of BJ's Restaurants stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $34.86, for a total value of $179,703.30. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of BJ's Restaurants (NASDAQ:BJRI) traded up 0.72% during mid-day trading on Wednesday, hitting $34.96. The stock had a trading volume of 277,327 shares. 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 $34.23 and its 200-day moving average is $31.56. The company has a market cap of $994.7 million and a P/E ratio of 58.73.
BJ's Restaurants (NASDAQ:BJRI) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.30 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.32 earnings per share. BJ's Restaurants’s revenue was up 10.5% compared to the same quarter last year. Analysts expect that BJ's Restaurants will post $0.77 EPS for the current fiscal year.
Several analysts have recently commented on the stock. 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. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. BJ's Restaurants currently has a consensus rating of “Hold” and an average price target of $31.44.
BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.
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