Streetbeat News

BJRI

BJ's Restaurants, Inc.

https://www.bjsrestaurants.com

Industry

Restaurants

BJ's Restaurants, Inc. owns and operates casual dining restaurants in the United States. The company's restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts. As of April 19, 2022, it operated 213 restaurants in 29 states. The company was founded in 1978 and is based in Huntington Beach, California.

Open

31.66

Mkt cap

735M

Volume

351K

High

32.61

P/E Ratio

46.23

52-wk high

41.72

Low

31.66

Div yield

N/A

52-wk low

27.61

BJ's Restaurants reported better-than-expected Q2 results, leading to a rise in its share prices.

Portfolio Pulse from Bill Haddad

July 27, 2023 | 9:26 pm

BJ's Restaurants reported Q2 earnings of $0.50 per share, beating the analyst consensus estimate of $0.33 by 51.52%. This is a 4900% increase from the same period last year. The company also reported quarterly sales of $349.70 million, beating the estimate of $349.47 million by 0.07%, a 6.07% increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 8:04 pm

BJ's Restaurants (NASDAQ:BJRI) is set to release its latest quarterly earnings report on July 27, 2023. Analysts estimate an earnings per share (EPS) of $0.33. The company's past performance shows a trend of beating EPS estimates, which has often led to an increase in share price. The stock is currently trading at $33.34 and has seen a 41.33% increase over the last 52-week period.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 3:03 pm

Jefferies analyst Andy Barish maintains a Buy rating on BJ's Restaurants (NASDAQ:BJRI) and raises the price target from $37 to $40.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 5:45 pm

Wedbush analyst Nick Setyan has reiterated an Outperform rating on BJ's Restaurants (NASDAQ:BJRI) and maintained a $38 price target.

Portfolio Pulse from richadhand@benzinga.com

July 19, 2023 | 10:46 am

Piper Sandler analyst Nicole Miller Regan has initiated coverage on BJ's Restaurants (NASDAQ:BJRI) with a Neutral rating and a price target of $35.

Portfolio Pulse from richadhand@benzinga.com

July 18, 2023 | 8:58 am

Zacks Surprise Trader has reportedly purchased stock in BJ's Restaurants, according to recent news. This could potentially indicate a positive outlook for the company's stock.

Portfolio Pulse from Happy Mohamed

July 14, 2023 | 4:10 pm

Wedbush analyst Nick Setyan has reiterated an Outperform rating on BJ's Restaurants Inc (BJRI) with a price target of $38. The analyst's Q2 checks point to same-store-sales (SSS) growth in line with the consensus of 4.4%. Positive factors include improved guest traffic, sustained off-premise sales, and improved staffing levels. The analyst also lowered Q2 labor estimate to 36.8% from 37.0% and increased the 2023 and 2024 EPS estimates. BJRI shares are trading higher by 10% at $35.15.

Portfolio Pulse from Shivani Kumaresan

July 12, 2023 | 4:56 pm

Over the past 3 months, 6 analysts have published their opinion on BJ's Restaurants (NASDAQ:BJRI) stock. The average price target for BJ's Restaurants is $35.83, an increase of 0.93% from the previous average price target of $35.50. The ratings include 1 bullish, 3 somewhat bullish, and 2 indifferent.

Portfolio Pulse from Benzinga Insights

July 12, 2023 | 4:01 pm

Wedbush analyst Nick Setyan has reiterated an Outperform rating on BJ's Restaurants (NASDAQ:BJRI) and maintained a $38 price target.

Portfolio Pulse from richadhand@benzinga.com

July 12, 2023 | 10:47 am

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