BJ’s Restaurants (NASDAQ:BJRI) Issues Earnings Results

BJ’s Restaurants (NASDAQ:BJRI) issued its quarterly earnings data on Thursday. The restaurant operator reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.12, Zacks reports. BJ’s Restaurants had a return on equity of 7.98% and a net margin of 2.24%.

BJ’s Restaurants Price Performance

BJ’s Restaurants stock opened at $35.74 on Friday. BJ’s Restaurants has a 12 month low of $27.61 and a 12 month high of $38.87. The company has a current ratio of 0.35, a quick ratio of 0.28 and a debt-to-equity ratio of 0.18. The business’s 50 day simple moving average is $35.53 and its 200 day simple moving average is $34.09. The company has a market cap of $815.59 million, a price-to-earnings ratio of 28.59, a PEG ratio of 1.74 and a beta of 2.11.

Analyst Ratings Changes

A number of analysts have commented on the company. Piper Sandler boosted their price objective on BJ’s Restaurants from $35.00 to $36.00 and gave the stock a “neutral” rating in a report on Monday, November 4th. Wedbush reaffirmed an “outperform” rating and issued a $43.00 target price on shares of BJ’s Restaurants in a report on Friday, November 1st. Gordon Haskett raised BJ’s Restaurants from an “underperform” rating to a “hold” rating and set a $36.00 target price for the company in a report on Wednesday, January 8th. Barclays upped their target price on BJ’s Restaurants from $34.00 to $37.00 and gave the company an “underweight” rating in a report on Friday. Finally, Oppenheimer lowered BJ’s Restaurants from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $39.40.

BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc owns and operates casual dining restaurants in the United States. Its restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts under brand name Pizookie. The company was formerly known as Chicago Pizza & Brewery, Inc and changed its name to BJ’s Restaurants, Inc in August 2004.