Zacks Research Issues Pessimistic Estimate for BJRI Earnings

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Research analysts at Zacks Research lowered their FY2026 earnings per share (EPS) estimates for BJ’s Restaurants in a research note issued to investors on Wednesday, April 23rd. Zacks Research analyst H. Ray now expects that the restaurant operator will earn $1.93 per share for the year, down from their prior forecast of $1.94. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $1.50 per share.

BJ’s Restaurants (NASDAQ:BJRI) last posted its earnings results on Thursday, February 20th. The restaurant operator reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.12. BJ’s Restaurants had a net margin of 1.23% and a return on equity of 8.76%. The firm had revenue of $344.34 million during the quarter, compared to analyst estimates of $336.48 million.

A number of other research analysts have also recently commented on BJRI. Oppenheimer cut shares of BJ’s Restaurants from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 7th. Wedbush upped their target price on shares of BJ’s Restaurants from $43.00 to $48.00 and gave the stock an “outperform” rating in a research note on Friday, February 21st. Barclays reduced their target price on shares of BJ’s Restaurants from $37.00 to $31.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 22nd. Finally, Gordon Haskett upgraded BJ’s Restaurants from an “underperform” rating to a “hold” rating and set a $36.00 price target for the company in a report on Wednesday, January 8th. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $39.20.

BJ’s Restaurants Stock Performance

Shares of NASDAQ:BJRI opened at $33.35 on Friday. The company has a current ratio of 0.04, a quick ratio of 0.28 and a debt-to-equity ratio of 0.18. BJ’s Restaurants has a 12 month low of $27.61 and a 12 month high of $41.72. The company has a market capitalization of $744.24 million, a price-to-earnings ratio of 49.04, a PEG ratio of 1.81 and a beta of 1.78. The firm’s 50-day moving average is $34.13 and its 200 day moving average is $35.13.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of BJ’s Restaurants in the first quarter valued at approximately $254,000. SG Americas Securities LLC boosted its stake in BJ’s Restaurants by 99.9% during the first quarter. SG Americas Securities LLC now owns 10,680 shares of the restaurant operator’s stock worth $366,000 after buying an additional 5,336 shares during the last quarter. GAMMA Investing LLC grew its holdings in BJ’s Restaurants by 3,594.6% in the 1st quarter. GAMMA Investing LLC now owns 13,670 shares of the restaurant operator’s stock valued at $468,000 after buying an additional 13,300 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of BJ’s Restaurants by 18.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,076 shares of the restaurant operator’s stock worth $1,268,000 after acquiring an additional 5,722 shares during the last quarter. Finally, Voloridge Investment Management LLC purchased a new position in shares of BJ’s Restaurants during the 4th quarter worth $1,050,000. Hedge funds and other institutional investors own 99.95% of the company’s stock.

About BJ’s Restaurants

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.