William Blair Brokers Increase Earnings Estimates for BJRI

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Equities researchers at William Blair upped their Q1 2025 earnings per share estimates for shares of BJ’s Restaurants in a research report issued on Tuesday, April 22nd. William Blair analyst S. Zackfia now forecasts that the restaurant operator will earn $0.39 per share for the quarter, up from their prior estimate of $0.38. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $1.50 per share. William Blair also issued estimates for BJ’s Restaurants’ Q3 2025 earnings at $0.09 EPS and FY2025 earnings at $1.78 EPS.

Several other brokerages have also weighed in on BJRI. 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. Gordon Haskett upgraded BJ’s Restaurants from an “underperform” rating to a “hold” rating and set a $36.00 price objective for the company in a report on Wednesday, January 8th. Oppenheimer downgraded BJ’s Restaurants from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 7th. Finally, Barclays reduced their price objective on BJ’s Restaurants from $37.00 to $31.00 and set an “underweight” rating on the stock in a research note on Tuesday, April 22nd. 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 company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $39.20.

BJ’s Restaurants Price Performance

Shares of NASDAQ BJRI opened at $33.35 on Friday. The stock’s 50-day simple moving average is $34.13 and its 200-day simple moving average is $35.13. BJ’s Restaurants has a fifty-two week low of $27.61 and a fifty-two week high of $41.72. The firm has a market capitalization of $744.24 million, a PE ratio of 49.04, a price-to-earnings-growth ratio of 1.81 and a beta of 1.78. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.28 and a current ratio of 0.04.

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

Hedge Funds Weigh In On BJ’s Restaurants

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of BJ’s Restaurants during the first quarter valued at approximately $254,000. SG Americas Securities LLC boosted its position in BJ’s Restaurants by 99.9% in the 1st quarter. SG Americas Securities LLC now owns 10,680 shares of the restaurant operator’s stock valued at $366,000 after buying an additional 5,336 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of BJ’s Restaurants by 3,594.6% during the first quarter. GAMMA Investing LLC now owns 13,670 shares of the restaurant operator’s stock valued at $468,000 after acquiring an additional 13,300 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of BJ’s Restaurants by 18.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,076 shares of the restaurant operator’s stock worth $1,268,000 after acquiring an additional 5,722 shares during the last quarter. Finally, Voloridge Investment Management LLC purchased a new position in BJ’s Restaurants in the fourth quarter valued at about $1,050,000. 99.95% of the stock is 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.