Q1 Earnings Estimate for BJ’s Restaurants Issued By Wedbush

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Investment analysts at Wedbush cut their Q1 2025 earnings per share estimates for BJ’s Restaurants in a research note issued on Friday, February 21st. Wedbush analyst N. Setyan now anticipates that the restaurant operator will post earnings per share of $0.35 for the quarter, down from their previous estimate of $0.43. Wedbush has a “Outperform” rating and a $48.00 price target on the stock. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $1.47 per share. Wedbush also issued estimates for BJ’s Restaurants’ Q2 2025 earnings at $0.73 EPS, FY2025 earnings at $1.74 EPS and Q1 2026 earnings at $0.49 EPS.

Other equities research analysts have also recently issued reports about the company. Piper Sandler raised their target price on BJ’s Restaurants from $35.00 to $36.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. Barclays raised 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. Oppenheimer downgraded BJ’s Restaurants from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 7th. Finally, Gordon Haskett raised shares of BJ’s Restaurants from an “underperform” rating to a “hold” rating and set a $36.00 price target on the stock in a research note on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $40.40.

BJ’s Restaurants Stock Down 0.2 %

BJRI opened at $37.99 on Monday. The company has a fifty day moving average of $35.59 and a two-hundred day moving average of $34.29. The stock has a market capitalization of $866.82 million, a price-to-earnings ratio of 55.87, a PEG ratio of 1.73 and a beta of 2.11. 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 0.35.

BJ’s Restaurants (NASDAQ:BJRI) last posted its earnings results on Thursday, February 20th. The restaurant operator reported $0.47 earnings per share 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 8.70%. The firm had revenue of $344.34 million during the quarter, compared to analyst estimates of $336.48 million.

Institutional Investors Weigh In On BJ’s Restaurants

Large investors have recently bought and sold shares of the company. Nomura Holdings Inc. boosted its stake in shares of BJ’s Restaurants by 23.9% in the fourth quarter. Nomura Holdings Inc. now owns 837,031 shares of the restaurant operator’s stock worth $29,409,000 after acquiring an additional 161,495 shares during the last quarter. Invesco Ltd. lifted its holdings in BJ’s Restaurants by 147.9% in the 4th quarter. Invesco Ltd. now owns 259,977 shares of the restaurant operator’s stock valued at $9,134,000 after purchasing an additional 155,109 shares in the last quarter. Verition Fund Management LLC lifted its holdings in BJ’s Restaurants by 528.9% in the 3rd quarter. Verition Fund Management LLC now owns 155,383 shares of the restaurant operator’s stock valued at $5,059,000 after purchasing an additional 130,676 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in BJ’s Restaurants during the 4th quarter worth $4,502,000. Finally, Eagle Asset Management Inc. purchased a new stake in shares of BJ’s Restaurants during the third quarter worth $4,310,000. 99.95% of the stock is currently owned by hedge funds and other institutional investors.

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 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.