Equities Analysts Set Expectations for BJRI FY2025 Earnings

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Analysts at William Blair increased their FY2025 earnings per share estimates for shares of BJ’s Restaurants in a note issued to investors on Friday, November 1st. William Blair analyst S. Zackfia now forecasts that the restaurant operator will post earnings of $1.54 per share for the year, up from their prior forecast of $1.53. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $1.42 per share.

Several other research firms have also recently commented on BJRI. Benchmark cut BJ’s Restaurants from a “buy” rating to a “hold” rating in a research report on Friday, July 26th. Wedbush restated an “outperform” rating and issued a $43.00 price objective on shares of BJ’s Restaurants in a research report on Friday. Finally, Barclays dropped their target price on shares of BJ’s Restaurants from $35.00 to $32.00 and set an “underweight” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, BJ’s Restaurants has an average rating of “Hold” and an average target price of $38.00.

BJ’s Restaurants Trading Down 8.4 %

BJ’s Restaurants stock opened at $33.99 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.27 and a current ratio of 0.35. BJ’s Restaurants has a fifty-two week low of $26.25 and a fifty-two week high of $38.87. The stock has a market cap of $794.69 million, a P/E ratio of 27.19, a PEG ratio of 1.86 and a beta of 2.10. The firm’s fifty day moving average price is $32.88 and its 200-day moving average price is $33.47.

BJ’s Restaurants (NASDAQ:BJRI) last issued its quarterly earnings data on Thursday, October 31st. The restaurant operator reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.16). BJ’s Restaurants had a net margin of 2.24% and a return on equity of 7.98%. The firm had revenue of $325.70 million for the quarter, compared to analysts’ expectations of $324.97 million. During the same period in the prior year, the firm posted ($0.16) EPS. BJ’s Restaurants’s revenue was up 2.2% on a year-over-year basis.

Institutional Investors Weigh In On BJ’s Restaurants

Hedge funds and other institutional investors have recently modified their holdings of the stock. Meeder Asset Management Inc. purchased a new position in BJ’s Restaurants in the 2nd quarter worth approximately $40,000. EntryPoint Capital LLC bought a new stake in BJ’s Restaurants during the 1st quarter valued at $45,000. US Bancorp DE raised its stake in shares of BJ’s Restaurants by 142.9% during the third quarter. US Bancorp DE now owns 1,540 shares of the restaurant operator’s stock valued at $50,000 after acquiring an additional 906 shares during the last quarter. 1620 Investment Advisors Inc. purchased a new stake in BJ’s Restaurants in the 2nd quarter worth approximately $57,000. Finally, Headlands Technologies LLC lifted its stake in BJ’s Restaurants by 247.8% in the second quarter. Headlands Technologies LLC now owns 1,864 shares of the restaurant operator’s stock worth $65,000 after acquiring an additional 1,328 shares during the period. Institutional investors own 99.95% of the company’s stock.

Insiders Place Their Bets

In other BJ’s Restaurants news, CEO C Bradford Richmond acquired 2,500 shares of the business’s stock in a transaction dated Friday, September 6th. The stock was bought at an average price of $29.40 per share, with a total value of $73,500.00. Following the purchase, the chief executive officer now owns 16,905 shares of the company’s stock, valued at approximately $497,007. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 4.90% of the company’s stock.

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.