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 Q3 losses of $0.16 per share, missing the analyst consensus estimate of $0.01 by 1700 percent. This is a 128.57 percent decrease over losses from the same period last year. The company also reported quarterly sales of $318.64 million, missing the analyst consensus estimate of $326.79 million by 2.49 percent. However, this is a 2.34 percent increase over sales from the same period last year.

Portfolio Pulse from totan@benzinga.com

October 26, 2023 | 8:05 pm

Stock futures dipped early Thursday, with Meta Platforms, Inc.‘s (NASDAQ:META) impressive results failing to satisfy investors. Amazon, Inc. (NASDAQ:AMZN) is set to release its quarterly results after the market close. The third-quarter GDP report is expected to reveal the fastest growth since late 2021. Factors like Alphabet, Inc.‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) underwhelming Cloud revenue, surging bond yields, rising oil prices, and robust new home sales for September unnerved traders. The SPDR S&P 500 ETF Trust (NYSE:SPY) fell 0.61% to $415 and the Invesco QQQ ETF (NASDAQ:QQQ) plunged 0.91% to $347.14.

Portfolio Pulse from Shanthi Rexaline

October 26, 2023 | 11:38 am

Citigroup analyst Jon Tower has maintained a Neutral rating on BJ's Restaurants (NASDAQ:BJRI) and lowered the price target from $40 to $29.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2023 | 5:47 pm

Barclays analyst Jeffrey Bernstein maintains an Underweight rating on BJ's Restaurants (NASDAQ:BJRI) and has lowered the price target from $31 to $23.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2023 | 2:19 pm

Analysts have tempered their expectations for profit growth, anticipating a continuation of the profit-declining trend. The blended year-over-year earnings of S&P 500 companies are expected to decrease by 0.4%, marking the fourth consecutive decline. The decline in earnings is largely due to downward revisions in earnings per share (EPS) estimates for Pfizer, Inc. (NYSE:PFE) and Eli Lilly & Co. (NYSE:LLY). Tech companies are expected to take the spotlight this week with earnings from Meta Platforms, Inc. (NASDAQ:META), Snap Inc. (NYSE:SNAP), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Microsoft Corporation (NYSE:MSFT) and Amazon, Inc. (NASDAQ:AMZN).

Portfolio Pulse from Shanthi Rexaline

October 23, 2023 | 7:15 am

Analysts have provided various ratings for BJ's Restaurants (NASDAQ:BJRI) within the last quarter, with 4 being somewhat bullish, 3 indifferent, and 1 somewhat bearish. The average 12-month price target for BJ's Restaurants has increased by 10.12% from the previous average price target of $33.60 to $37.0.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 1:00 pm

Wedbush analyst Nick Setyan has reiterated an Outperform rating on BJ's Restaurants (NASDAQ:BJRI) and maintained a $32 price target.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 10:05 am

In Wednesday's pre-market session, several consumer discretionary stocks saw significant movement. Shift Techs (SFT), Connexa Sports Techs (CNXA), BARK (BARK), Floor & Decor Hldgs (FND), Hall Of Fame Resort (HOFV), and Color Star Tech (ADD) all saw increases, while Faraday Future (FFIE), China Liberal Education (CLEU), BJ's Restaurants (BJRI), JX Luxventure (JXJT), ThredUp (TDUP), and Portillos (PTLO) experienced decreases.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 1:06 pm

The article reports on the options activity of 10 consumer discretionary stocks in today's session. The stocks include Tesla (TSLA), Chewy (CHWY), BJ's Restaurants (BJRI), Thermon Group Holdings (TH), Royal Caribbean Cruises (RCL), Lennar Corporation (LEN), DoorDash (DASH), RH (RH), Advance Auto Parts (AAP), and Lululemon Athletica (LULU). The article provides detailed information about the type of options activity (put/call), trade type, sentiment, expiration date, strike price, total trade price, open interest, and volume for each stock.

Portfolio Pulse from Benzinga Insights

September 18, 2023 | 5:35 pm

Analysts have provided various ratings for BJ's Restaurants (NASDAQ:BJRI) within the last quarter, with 1 bullish, 5 somewhat bullish, 4 indifferent, and 1 somewhat bearish. In the last 3 months, 11 analysts have offered 12-month price targets for BJ's Restaurants, with an average price target of $37.73, up by 10.42% from the previous average price target of $34.17.

Portfolio Pulse from Benzinga Insights

August 21, 2023 | 1:00 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.