BJRI has been the topic of several other reports. Zacks Investment Research lowered BJ’s Restaurants from a “buy” rating to a “hold” rating in a research note on Monday, January 14th. Maxim Group reiterated a “buy” rating and set a $72.00 price objective (down from $84.00) on shares of BJ’s Restaurants in a research note on Friday, February 22nd. Wells Fargo & Co decreased their price objective on BJ’s Restaurants from $56.00 to $54.00 and set a “market perform” rating on the stock in a research note on Thursday, February 14th. Stifel Nicolaus upgraded BJ’s Restaurants from a “hold” rating to a “buy” rating in a research note on Monday, January 7th. Finally, Stephens decreased their price objective on BJ’s Restaurants from $80.00 to $70.00 and set an “in-line” rating on the stock in a research note on Friday, February 22nd. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $64.91.
Shares of BJRI traded up $0.75 during mid-day trading on Thursday, hitting $48.15. The stock had a trading volume of 1,058,732 shares, compared to its average volume of 524,513. The firm has a market cap of $968.54 million, a PE ratio of 20.49, a PEG ratio of 1.48 and a beta of 0.81. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.52 and a quick ratio of 0.45. BJ’s Restaurants has a 52 week low of $43.96 and a 52 week high of $76.50.
Large investors have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC purchased a new position in BJ’s Restaurants during the first quarter worth about $34,000. Somerset Trust Co grew its position in BJ’s Restaurants by 133.1% during the first quarter. Somerset Trust Co now owns 795 shares of the restaurant operator’s stock worth $38,000 after buying an additional 454 shares in the last quarter. Valeo Financial Advisors LLC purchased a new position in BJ’s Restaurants during the fourth quarter worth about $72,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in BJ’s Restaurants by 29.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,578 shares of the restaurant operator’s stock worth $80,000 after buying an additional 357 shares in the last quarter. Finally, LS Investment Advisors LLC grew its position in BJ’s Restaurants by 386.3% during the fourth quarter. LS Investment Advisors LLC now owns 3,185 shares of the restaurant operator’s stock worth $161,000 after buying an additional 2,530 shares in the last quarter.
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. As of April 2, 2019, the company owned and operated 202 casual dining restaurants that offer dine-in, take-out, delivery, and party catering services in 27 states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, and Washington.
See Also: Preferred Stock
Receive News & Ratings for BJ's Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.