BJ’s Restaurants (BJRI) Projected to Post Earnings on Thursday

BJ’s Restaurants (NASDAQ:BJRI) is expected to post its quarterly earnings results after the market closes on Thursday, February 20th. Analysts expect BJ’s Restaurants to post earnings of $0.34 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

BJ’s Restaurants Price Performance

Shares of BJRI stock opened at $34.63 on Thursday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.35 and a quick ratio of 0.28. The company has a market capitalization of $790.26 million, a P/E ratio of 27.70, a P/E/G ratio of 1.78 and a beta of 2.11. The company’s 50-day simple moving average is $35.63 and its two-hundred day simple moving average is $33.93. BJ’s Restaurants has a one year low of $27.61 and a one year high of $38.87.

Analyst Ratings Changes

BJRI has been the topic of a number of research analyst reports. Piper Sandler upped their target price on shares of BJ’s Restaurants from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Monday, November 4th. Gordon Haskett raised shares of BJ’s Restaurants from an “underperform” rating to a “hold” rating and set a $36.00 price target for the company in a research report on Wednesday, January 8th. Wedbush reaffirmed an “outperform” rating and issued a $43.00 price target on shares of BJ’s Restaurants in a research report on Friday, November 1st. 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, Barclays upped their price target on shares of BJ’s Restaurants from $32.00 to $34.00 and gave the stock an “underweight” rating in a research report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, BJ’s Restaurants has an average rating of “Hold” and an average price target of $38.00.

Insiders Place Their Bets

In other news, insider Brian S. Krakower sold 2,313 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $35.60, for a total value of $82,342.80. Following the sale, the insider now owns 5,339 shares in the company, valued at $190,068.40. This represents a 30.23 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate 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.