BJ's Restaurants VP Sells $43,919 in Stock (BJRI)
BJ's Restaurants (NASDAQ:BJRI) VP Wayne L. Jones sold 1,187 shares of the company’s stock on the open market in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $37.00, for a total value of $43,919.00. Following the transaction, the vice president now directly owns 5,889 shares in the company, valued at approximately $217,893. 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 2.13% during mid-day trading on Thursday, hitting $36.90. 210,710 shares of the company’s stock traded hands. BJ's Restaurants has a 52 week low of $25.11 and a 52 week high of $37.10. The stock’s 50-day moving average is $34.3 and its 200-day moving average is $32.06. The company has a market cap of $1.038 billion and a price-to-earnings ratio of 61.13.
BJ's Restaurants (NASDAQ:BJRI) last posted its quarterly earnings results 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. On average, analysts predict that BJ's Restaurants will post $0.77 earnings per share for the current fiscal year.
BJRI has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of BJ's Restaurants from a “neutral” rating to an “outperform” rating in a research note on Thursday, August 14th. They now have a $43.00 price target on the stock. Separately, 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. Finally, 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. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $32.13.
BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.