J Alexanders (NYSE:JAX) announced its earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.12, Fidelity Earnings reports. J Alexanders had a net margin of 2.56% and a return on equity of 8.42%. The firm had revenue of $56.87 million during the quarter.
JAX stock traded up $0.23 during trading on Friday, hitting $9.96. The stock had a trading volume of 132,475 shares, compared to its average volume of 62,962. The company’s 50 day moving average price is $10.52 and its two-hundred day moving average price is $10.89. J Alexanders has a 1-year low of $7.70 and a 1-year high of $12.01. The stock has a market cap of $141.81 million, a price-to-earnings ratio of 16.60 and a beta of 0.68. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.46 and a current ratio of 0.55.
Separately, Zacks Investment Research raised shares of J Alexanders from a “sell” rating to a “hold” rating in a research note on Tuesday, November 5th.
J Alexanders Company Profile
J. Alexander's Holdings, Inc, through its subsidiaries, owns and operates complementary upscale dining restaurants in the United States. It operates restaurants under various concepts, including J. Alexander's, Redlands Grill, Lyndhurst Grill, Overland Park Grill, and River Steakhouse and Grill.
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