Bojangles’, Inc. (BOJA) Scheduled to Post Quarterly Earnings on Monday
Bojangles’, Inc. (NASDAQ:BOJA) will be issuing its quarterly earnings data after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of $0.18 per share for the quarter.
Bojangles’ (NASDAQ:BOJA) last posted its quarterly earnings data on Thursday, July 27th. The restaurant operator reported $0.23 EPS for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.01. The business had revenue of $134.40 million during the quarter, compared to analysts’ expectations of $135.61 million. Bojangles’ had a return on equity of 17.05% and a net margin of 6.70%. The business’s revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 earnings per share. On average, analysts expect Bojangles’ to post $0.82 EPS for the current fiscal year and $0.86 EPS for the next fiscal year.
Bojangles’, Inc. (NASDAQ BOJA) traded up 1.016% during mid-day trading on Monday, hitting $12.425. The stock had a trading volume of 79,991 shares. The stock has a 50-day moving average price of $13.21 and a 200 day moving average price of $13.21. The firm has a market cap of $459.71 million, a P/E ratio of 13.232 and a beta of 1.97. Bojangles’, Inc. has a 12-month low of $11.85 and a 12-month high of $22.35.
Several analysts have recently commented on the company. TheStreet cut Bojangles’ from a “c-” rating to a “d+” rating in a report on Friday, October 13th. Stephens cut Bojangles’ from an “overweight” rating to an “equal weight” rating in a report on Wednesday, October 11th. Cowen and Company cut Bojangles’ from an “outperform” rating to a “market perform” rating and set a $23.00 price target for the company. in a report on Friday. Royal Bank Of Canada reissued a “sector perform” rating and issued a $16.00 price target (down from $20.00) on shares of Bojangles’ in a report on Sunday, July 30th. Finally, SunTrust Banks, Inc. reissued a “buy” rating and issued a $21.00 price target on shares of Bojangles’ in a report on Thursday, October 12th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. Bojangles’ presently has an average rating of “Hold” and an average price target of $18.13.
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In other news, Director James R. Kibler sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, July 27th. The stock was sold at an average price of $15.47, for a total transaction of $386,750.00. Following the completion of the transaction, the director now directly owns 71,332 shares of the company’s stock, valued at $1,103,506.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 55.30% of the stock is currently owned by corporate insiders.
Bojangles’, Inc is a restaurant operator and franchisor. The Company offers food made from its Southern recipes. The Company’s menu includes its made-from-scratch, buttermilk biscuits baked fresh every 20 minutes; its fresh, never-frozen bone-in fried chicken; its fixin’s; its Bo-Smart menu featuring items, such as salads, grilled chicken sandwiches, roasted chicken bites and fat-free green beans; its freshly baked and delicious sweets menu, and its Legendary Iced Tea.
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