Equities research analysts expect that BJ’s Restaurants, Inc. (NASDAQ:BJRI) will announce earnings of $0.16 per share for the current fiscal quarter, Zacks reports. Eight analysts have provided estimates for BJ’s Restaurants’ earnings, with estimates ranging from ($0.01) to $0.39. BJ’s Restaurants posted earnings of ($0.99) per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 116.2%. The firm is scheduled to report its next earnings report after the market closes on Thursday, July 29th.
On average, analysts expect that BJ’s Restaurants will report full-year earnings of $0.59 per share for the current year, with EPS estimates ranging from $0.11 to $1.10. For the next year, analysts anticipate that the firm will post earnings of $2.36 per share, with EPS estimates ranging from $1.94 to $2.90. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that follow BJ’s Restaurants.
BJ’s Restaurants (NASDAQ:BJRI) last announced its quarterly earnings data on Wednesday, April 21st. The restaurant operator reported ($0.14) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.66) by $0.52. BJ’s Restaurants had a negative return on equity of 16.61% and a negative net margin of 7.60%. The business had revenue of $223.31 million during the quarter, compared to analyst estimates of $202.45 million. During the same period last year, the company earned ($0.22) earnings per share. BJ’s Restaurants’s quarterly revenue was down 12.3% compared to the same quarter last year.
In related news, insider Brian S. Krakower sold 4,924 shares of BJ’s Restaurants stock in a transaction dated Monday, June 7th. The stock was sold at an average price of $51.72, for a total transaction of $254,669.28. Following the sale, the insider now directly owns 4,295 shares of the company’s stock, valued at $222,137.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 3.30% of the company’s stock.
Hedge funds have recently added to or reduced their stakes in the stock. FORA Capital LLC acquired a new stake in BJ’s Restaurants during the first quarter worth about $33,000. Point72 Hong Kong Ltd boosted its holdings in BJ’s Restaurants by 4,758.3% during the first quarter. Point72 Hong Kong Ltd now owns 583 shares of the restaurant operator’s stock valued at $34,000 after purchasing an additional 571 shares in the last quarter. The PNC Financial Services Group Inc. raised its stake in shares of BJ’s Restaurants by 35.3% in the first quarter. The PNC Financial Services Group Inc. now owns 1,473 shares of the restaurant operator’s stock valued at $84,000 after acquiring an additional 384 shares during the last quarter. Eaton Vance Management bought a new position in shares of BJ’s Restaurants in the first quarter valued at approximately $92,000. Finally, Captrust Financial Advisors raised its stake in shares of BJ’s Restaurants by 1,182.6% in the first quarter. Captrust Financial Advisors now owns 1,988 shares of the restaurant operator’s stock valued at $115,000 after acquiring an additional 1,833 shares during the last quarter.
Shares of NASDAQ:BJRI traded down $0.43 during midday trading on Thursday, hitting $44.54. 9,936 shares of the stock were exchanged, compared to its average volume of 290,490. The company has a quick ratio of 0.68, a current ratio of 0.74 and a debt-to-equity ratio of 0.36. BJ’s Restaurants has a 52-week low of $18.00 and a 52-week high of $63.42. The stock’s fifty day moving average is $50.49. The company has a market cap of $1.04 billion, a P/E ratio of -16.94, a PEG ratio of 4.79 and a beta of 2.27.
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, entrÃ©es, pastas, sandwiches, specialty salads, and desserts. As of June 1, 2021, the company operated 212 casual dining restaurants in 29 states.
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