FY2025 EPS Forecast for BJ’s Restaurants Boosted by Analyst

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Research analysts at William Blair upped their FY2025 earnings estimates for shares of BJ’s Restaurants in a report issued on Friday, November 1st. William Blair analyst S. Zackfia now anticipates that the restaurant operator will post earnings per share of $1.54 for the year, up from their prior forecast of $1.53. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $1.39 per share.

BJ’s Restaurants (NASDAQ:BJRI) last posted its quarterly earnings data on Thursday, October 31st. The restaurant operator reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.15). BJ’s Restaurants had a net margin of 2.24% and a return on equity of 7.98%. The business had revenue of $325.70 million during the quarter, compared to analysts’ expectations of $324.97 million. During the same period in the previous year, the business posted ($0.16) EPS. The company’s revenue for the quarter was up 2.2% compared to the same quarter last year.

Several other research analysts also recently issued reports on BJRI. Barclays lowered their price objective on shares of BJ’s Restaurants from $35.00 to $32.00 and set an “underweight” rating on the stock in a research report on Friday, November 1st. Wedbush reaffirmed an “outperform” rating and set a $43.00 price objective on shares of BJ’s Restaurants in a report on Friday, November 1st. Piper Sandler upped their price target on shares of BJ’s Restaurants from $35.00 to $36.00 and gave the company a “neutral” rating in a report on Monday. Finally, Benchmark lowered BJ’s Restaurants from a “buy” rating to a “hold” rating in a research note on Friday, July 26th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, BJ’s Restaurants has an average rating of “Hold” and an average target price of $38.57.

BJ’s Restaurants Stock Performance

NASDAQ:BJRI opened at $34.36 on Monday. The business’s fifty day moving average price is $32.95 and its 200 day moving average price is $33.49. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.35 and a quick ratio of 0.27. The firm has a market capitalization of $803.34 million, a PE ratio of 27.49, a price-to-earnings-growth ratio of 1.75 and a beta of 2.10. BJ’s Restaurants has a 12 month low of $26.25 and a 12 month high of $38.87.

Hedge Funds Weigh In On BJ’s Restaurants

Several institutional investors and hedge funds have recently bought and sold shares of BJRI. Emerald Advisers LLC grew its stake in shares of BJ’s Restaurants by 0.7% in the 3rd quarter. Emerald Advisers LLC now owns 569,221 shares of the restaurant operator’s stock valued at $18,534,000 after buying an additional 4,009 shares in the last quarter. American Century Companies Inc. lifted its holdings in BJ’s Restaurants by 27.5% during the 2nd quarter. American Century Companies Inc. now owns 529,116 shares of the restaurant operator’s stock valued at $18,360,000 after purchasing an additional 114,008 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its holdings in shares of BJ’s Restaurants by 2.0% in the 2nd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 302,152 shares of the restaurant operator’s stock worth $10,485,000 after acquiring an additional 5,976 shares in the last quarter. Panagora Asset Management Inc. boosted its stake in BJ’s Restaurants by 6.2% in the second quarter. Panagora Asset Management Inc. now owns 142,622 shares of the restaurant operator’s stock worth $4,949,000 after purchasing an additional 8,323 shares in the last quarter. Finally, Rothschild Investment LLC acquired a new position in BJ’s Restaurants during the 2nd quarter worth about $3,250,000. Hedge funds and other institutional investors own 99.95% of the company’s stock.

Insider Transactions at BJ’s Restaurants

In other BJ’s Restaurants news, CEO C Bradford Richmond acquired 2,500 shares of the stock in a transaction dated Friday, September 6th. The shares were 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 directly owns 16,905 shares of the company’s stock, valued at approximately $497,007. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company 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.