Zacks Research Lifts Earnings Estimates for BJ’s Restaurants

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Equities researchers at Zacks Research boosted their Q4 2025 earnings per share (EPS) estimates for BJ’s Restaurants in a report issued on Thursday, November 13th. Zacks Research analyst Team now forecasts that the restaurant operator will post earnings per share of $0.57 for the quarter, up from their previous forecast of $0.51. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $1.50 per share. Zacks Research also issued estimates for BJ’s Restaurants’ Q1 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.60 EPS, FY2026 earnings at $2.24 EPS, Q1 2027 earnings at $0.65 EPS, Q2 2027 earnings at $1.01 EPS and FY2027 earnings at $2.43 EPS.

BJ’s Restaurants (NASDAQ:BJRI) last issued its earnings results on Thursday, October 30th. The restaurant operator reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.05. The business had revenue of $330.16 million during the quarter, compared to analyst estimates of $335.86 million. BJ’s Restaurants had a return on equity of 11.73% and a net margin of 1.99%.BJ’s Restaurants’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.13) EPS.

Other equities research analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of BJ’s Restaurants from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Benchmark reissued a “buy” rating on shares of BJ’s Restaurants in a report on Monday, October 27th. Barclays lifted their price objective on BJ’s Restaurants from $28.00 to $30.00 and gave the stock an “underweight” rating in a report on Friday, October 31st. Sanford C. Bernstein reiterated an “underweight” rating and set a $30.00 price objective on shares of BJ’s Restaurants in a research report on Friday, October 31st. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $50.00 target price on shares of BJ’s Restaurants in a research report on Friday, October 31st. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $38.75.

BJ’s Restaurants Stock Performance

Shares of BJRI stock traded down $0.57 during trading hours on Friday, reaching $36.63. The company had a trading volume of 52,510 shares, compared to its average volume of 460,670. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.32 and a current ratio of 0.38. The business has a fifty day moving average price of $31.99 and a 200-day moving average price of $37.18. BJ’s Restaurants has a one year low of $28.46 and a one year high of $47.02. The firm has a market cap of $774.18 million, a PE ratio of 30.78, a price-to-earnings-growth ratio of 1.01 and a beta of 1.35.

BJ’s Restaurants declared that its board has approved a share buyback program on Thursday, October 30th that allows the company to repurchase $75.00 million in outstanding shares. This repurchase authorization allows the restaurant operator to repurchase up to 11.3% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In related news, CAO Jacob Guild sold 9,521 shares of the business’s stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $35.51, for a total transaction of $338,090.71. Following the completion of the transaction, the chief accounting officer directly owned 3,803 shares in the company, valued at approximately $135,044.53. The trade was a 71.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Heidi Rogers sold 4,116 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $35.36, for a total transaction of $145,541.76. Following the completion of the sale, the senior vice president directly owned 7,144 shares of the company’s stock, valued at $252,611.84. This represents a 36.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 15,458 shares of company stock worth $545,656 over the last quarter. 4.30% of the stock is currently owned by corporate insiders.

Institutional Trading of BJ’s Restaurants

A number of hedge funds and other institutional investors have recently modified their holdings of the company. UBS Group AG raised its position in shares of BJ’s Restaurants by 576.9% during the 3rd quarter. UBS Group AG now owns 1,451,883 shares of the restaurant operator’s stock valued at $44,326,000 after purchasing an additional 1,237,383 shares during the period. Nomura Holdings Inc. raised its holdings in BJ’s Restaurants by 103.2% during the first quarter. Nomura Holdings Inc. now owns 1,700,780 shares of the restaurant operator’s stock valued at $58,269,000 after acquiring an additional 863,749 shares during the period. Vanguard Group Inc. raised its holdings in BJ’s Restaurants by 23.5% during the third quarter. Vanguard Group Inc. now owns 3,362,763 shares of the restaurant operator’s stock valued at $102,665,000 after acquiring an additional 640,648 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of BJ’s Restaurants by 233.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 628,445 shares of the restaurant operator’s stock valued at $28,029,000 after acquiring an additional 440,078 shares in the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of BJ’s Restaurants in the second quarter worth about $13,380,000. 99.95% of the stock is owned by hedge funds and other institutional investors.

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.