BJ's Restaurants Receives Average Rating of “Hold” from Brokerages (NASDAQ:BJRI)
Shares of BJ's Restaurants (NASDAQ:BJRI) have been given an average recommendation of “Hold” by the twelve brokerages that are presently covering the company, American Banking & Market News reports. Two equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $33.44.
BJ's Restaurants (NASDAQ:BJRI) opened at 36.55 on Thursday. BJ's Restaurants has a 52-week low of $25.11 and a 52-week high of $38.10. The stock’s 50-day moving average is $34.90 and its 200-day moving average is $32.6. The company has a market cap of $1.028 billion and a P/E ratio of 61.84.
BJ's Restaurants (NASDAQ:BJRI) last issued its quarterly 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. On average, analysts predict that BJ's Restaurants will post $0.77 earnings per share for the current fiscal year.
In other BJ's Restaurants news, Insider Brian S. Krakower sold 2,835 shares of the stock on the open market in a transaction dated Friday, August 29th. The shares were sold at an average price of $37.12, for a total transaction of $105,235.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
BJRI has been the subject of a number of recent research reports. Analysts at Buckingham Research raised their price target on shares of BJ's Restaurants from $40.00 to $44.00 in a research note on Friday, August 22nd. Separately, 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. Finally, 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.
BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.
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