BJ’s Restaurants, Inc. (NASDAQ:BJRI) Given Average Rating of “Hold” by Brokerages

BJ’s Restaurants, Inc. (NASDAQ:BJRI) has received an average recommendation of “Hold” from the ten analysts that are covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $42.00.

Several research firms have recently issued reports on BJRI. Citigroup dropped their price objective on shares of BJ’s Restaurants from $49.00 to $47.00 and set a “neutral” rating on the stock in a report on Thursday, April 16th. Weiss Ratings downgraded shares of BJ’s Restaurants from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Benchmark boosted their price objective on shares of BJ’s Restaurants from $48.00 to $50.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. DA Davidson began coverage on shares of BJ’s Restaurants in a report on Friday, March 6th. They set a “neutral” rating and a $38.00 price objective on the stock. Finally, Piper Sandler boosted their price objective on shares of BJ’s Restaurants from $40.00 to $43.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th.

BJ’s Restaurants Trading Up 0.3%

Shares of BJ’s Restaurants stock opened at $54.72 on Thursday. The company’s fifty day simple moving average is $43.42 and its 200-day simple moving average is $41.04. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 27.64, a PEG ratio of 1.77 and a beta of 1.35. The company has a current ratio of 0.31, a quick ratio of 0.25 and a debt-to-equity ratio of 0.17. BJ’s Restaurants has a 1 year low of $28.46 and a 1 year high of $56.21.

BJ’s Restaurants (NASDAQ:BJRI) last posted its quarterly earnings results on Tuesday, May 5th. The restaurant operator reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.04). BJ’s Restaurants had a return on equity of 13.48% and a net margin of 3.15%.The company had revenue of $358.12 million during the quarter, compared to analyst estimates of $356.97 million. During the same quarter in the prior year, the business earned $0.59 earnings per share. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. As a group, sell-side analysts expect that BJ’s Restaurants will post 2.21 EPS for the current year.

Insider Activity

In other BJ’s Restaurants news, EVP Kendra D. Miller sold 19,261 shares of BJ’s Restaurants stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $55.60, for a total transaction of $1,070,911.60. Following the sale, the executive vice president owned 28,599 shares in the company, valued at $1,590,104.40. The trade was a 40.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Noah A. Elbogen sold 4,652 shares of BJ’s Restaurants stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $54.00, for a total transaction of $251,208.00. Following the sale, the director owned 76,235 shares in the company, valued at $4,116,690. This represents a 5.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 63,817 shares of company stock valued at $3,384,688. 4.90% of the stock is owned by insiders.

Institutional Investors Weigh In On BJ’s Restaurants

A number of institutional investors have recently bought and sold shares of BJRI. CWM LLC boosted its stake in BJ’s Restaurants by 187.7% during the fourth quarter. CWM LLC now owns 699 shares of the restaurant operator’s stock worth $28,000 after buying an additional 456 shares in the last quarter. Quarry LP boosted its stake in BJ’s Restaurants by 1,618.3% during the third quarter. Quarry LP now owns 1,031 shares of the restaurant operator’s stock worth $31,000 after buying an additional 971 shares in the last quarter. GAMMA Investing LLC boosted its stake in BJ’s Restaurants by 39.3% during the fourth quarter. GAMMA Investing LLC now owns 939 shares of the restaurant operator’s stock worth $37,000 after buying an additional 265 shares in the last quarter. Kemnay Advisory Services Inc. bought a new position in shares of BJ’s Restaurants during the fourth quarter valued at $63,000. Finally, US Bancorp DE lifted its holdings in shares of BJ’s Restaurants by 14.5% during the third quarter. US Bancorp DE now owns 3,305 shares of the restaurant operator’s stock valued at $101,000 after acquiring an additional 418 shares during the period. Institutional investors and hedge funds own 99.95% of the company’s stock.

More BJ’s Restaurants News

Here are the key news stories impacting BJ’s Restaurants this week:

• Positive Sentiment: BJRI has been trading close to its 52-week high, reflecting strong recent momentum and investor confidence in the restaurant chain’s recovery.
• Neutral Sentiment: Institutional investors remain heavily invested in the company, with large funds continuing to hold or add shares, which helps support the stock’s long-term outlook.
• Neutral Sentiment: The company’s last reported quarter showed revenue growth of 2.9% year over year and revenue slightly above expectations, though EPS missed estimates by $0.04.
• Negative Sentiment: EVP Kendra Miller sold 19,261 shares, a sizable reduction in her stake, signaling insider profit-taking at current levels. Article Title
• Negative Sentiment: EVP Gregory Lynds sold 6,201 shares, adding to the wave of insider selling. Article Title
• Negative Sentiment: EVP Brian Krakower sold 7,341 shares, further reinforcing concerns that executives may see limited near-term upside. Article Title
• Negative Sentiment: Director Lea Anne Ottinger sold 2,792 shares, while Director Noah Elbogen sold 4,652 shares, showing that selling is not limited to one insider. Article Title Article Title

About BJ’s Restaurants

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep‐dish pizzas, California‐style thin crust offerings and in‐house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full‐service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago‐style pizza experience to the West Coast.