Zacks Research Brokers Boost Earnings Estimates for BJRI

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Zacks Research upped their Q1 2025 earnings estimates for shares of BJ’s Restaurants in a research report issued to clients and investors on Thursday, March 6th. Zacks Research analyst H. Ray now expects that the restaurant operator will earn $0.39 per share for the quarter, up from their prior forecast of $0.38. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $1.50 per share. Zacks Research also issued estimates for BJ’s Restaurants’ Q2 2025 earnings at $0.61 EPS, Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.48 EPS, FY2025 earnings at $1.59 EPS, Q1 2026 earnings at $0.50 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.23 EPS, Q4 2026 earnings at $0.52 EPS, FY2026 earnings at $1.94 EPS and FY2027 earnings at $2.35 EPS.

A number of other analysts have also recently weighed in on the company. Barclays increased their price target on BJ’s Restaurants from $34.00 to $37.00 and gave the stock an “underweight” rating in a research report on Friday, February 21st. Oppenheimer cut BJ’s Restaurants from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 7th. Wedbush increased their price objective on shares of BJ’s Restaurants from $43.00 to $48.00 and gave the stock an “outperform” rating in a report on Friday, February 21st. Finally, Gordon Haskett upgraded shares of BJ’s Restaurants from an “underperform” rating to a “hold” rating and set a $36.00 price objective on the stock in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat, BJ’s Restaurants presently has a consensus rating of “Hold” and a consensus price target of $40.40.

BJ’s Restaurants Trading Up 0.3 %

BJ’s Restaurants stock opened at $35.93 on Friday. BJ’s Restaurants has a 1 year low of $27.61 and a 1 year high of $41.72. The firm’s 50-day moving average is $35.88 and its 200-day moving average is $34.76. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.28 and a current ratio of 0.04. The company has a market cap of $816.26 million, a P/E ratio of 52.84, a PEG ratio of 1.81 and a beta of 2.10.

BJ’s Restaurants (NASDAQ:BJRI) last issued its quarterly earnings results on Thursday, February 20th. The restaurant operator reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.12. BJ’s Restaurants had a return on equity of 8.76% and a net margin of 1.23%. The business had revenue of $344.34 million during the quarter, compared to the consensus estimate of $336.48 million.

Hedge Funds Weigh In On BJ’s Restaurants

Hedge funds have recently modified their holdings of the company. New York State Teachers Retirement System raised its position in BJ’s Restaurants by 15.0% in the third quarter. New York State Teachers Retirement System now owns 34,097 shares of the restaurant operator’s stock worth $1,110,000 after acquiring an additional 4,440 shares in the last quarter. US Bancorp DE boosted its holdings in shares of BJ’s Restaurants by 142.9% during the third quarter. US Bancorp DE now owns 1,540 shares of the restaurant operator’s stock worth $50,000 after purchasing an additional 906 shares during the period. Olympiad Research LP purchased a new position in BJ’s Restaurants during the third quarter valued at approximately $469,000. Aigen Investment Management LP acquired a new position in BJ’s Restaurants in the 3rd quarter valued at approximately $323,000. Finally, Victory Capital Management Inc. lifted its position in BJ’s Restaurants by 4.9% in the 3rd quarter. Victory Capital Management Inc. now owns 73,285 shares of the restaurant operator’s stock worth $2,386,000 after buying an additional 3,426 shares in the last quarter. 99.95% of the stock is currently owned by institutional investors and hedge funds.

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.