Zacks Research Issues Optimistic Estimate for BJRI Earnings

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Investment analysts at Zacks Research lifted their Q1 2025 earnings estimates for BJ’s Restaurants in a report issued on Thursday, March 6th. Zacks Research analyst H. Ray now forecasts that the restaurant operator will post earnings of $0.39 per share for the quarter, up from their previous estimate of $0.38. 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’ Q2 2025 earnings at $0.61 EPS, Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.48 EPS, FY2025 earnings at $1.59 EPS, Q1 2026 earnings at $0.50 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.23 EPS, Q4 2026 earnings at $0.52 EPS, FY2026 earnings at $1.94 EPS and FY2027 earnings at $2.35 EPS.

BJ’s Restaurants (NASDAQ:BJRI) last announced its earnings results on Thursday, February 20th. The restaurant operator reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $336.48 million.

Several other equities research analysts have also issued reports on BJRI. Gordon Haskett upgraded shares of 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 boosted their price objective on BJ’s Restaurants from $34.00 to $37.00 and gave the company an “underweight” rating in a report on Friday, February 21st. Oppenheimer cut shares of BJ’s Restaurants from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 7th. Finally, Wedbush increased their price target on BJ’s Restaurants from $43.00 to $48.00 and gave the stock an “outperform” rating in a research report on Friday, February 21st. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $40.40.

BJ’s Restaurants Stock Performance

NASDAQ:BJRI opened at $35.83 on Friday. The firm has a market capitalization of $813.99 million, a PE ratio of 52.69, a PEG ratio of 1.81 and a beta of 2.11. The stock’s fifty day moving average is $35.86 and its 200 day moving average is $34.69. BJ’s Restaurants has a fifty-two week low of $27.61 and a fifty-two week high of $41.72. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.28 and a current ratio of 0.04.

Institutional Investors Weigh In On BJ’s Restaurants

A number of institutional investors have recently added to or reduced their stakes in BJRI. Dimensional Fund Advisors LP lifted its position in shares of BJ’s Restaurants by 6.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,242,137 shares of the restaurant operator’s stock valued at $43,642,000 after buying an additional 78,852 shares during the last quarter. Nomura Holdings Inc. boosted its stake in BJ’s Restaurants by 23.9% in the fourth quarter. Nomura Holdings Inc. now owns 837,031 shares of the restaurant operator’s stock valued at $29,409,000 after acquiring an additional 161,495 shares in the last quarter. American Century Companies Inc. grew its holdings in BJ’s Restaurants by 12.8% in the fourth quarter. American Century Companies Inc. now owns 699,434 shares of the restaurant operator’s stock worth $24,575,000 after purchasing an additional 79,512 shares during the last quarter. Emerald Advisers LLC increased its position in shares of BJ’s Restaurants by 2.6% during the fourth quarter. Emerald Advisers LLC now owns 583,828 shares of the restaurant operator’s stock worth $20,513,000 after purchasing an additional 14,607 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of BJ’s Restaurants by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 493,006 shares of the restaurant operator’s stock valued at $16,056,000 after purchasing an additional 5,075 shares during the last quarter. Institutional investors own 99.95% 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.