BJ’s Restaurants (NASDAQ:BJRI) had its target price reduced by Stifel Nicolaus from $60.00 to $55.00 in a research report sent to investors on Friday morning, BenzingaRatingsTable reports. They currently have a buy rating on the restaurant operator’s stock.

Several other equities research analysts have also commented on BJRI. Stephens dropped their price objective on shares of O’Reilly Automotive from $440.00 to $430.00 and set an overweight rating on the stock in a research note on Friday. Zacks Investment Research lowered shares of GreenTree Hospitality Group from a buy rating to a hold rating in a research note on Monday, May 20th. Piper Jaffray Companies lowered shares of Superior Energy Services from an overweight rating to a neutral rating in a research note on Friday. Wells Fargo & Co reissued a sell rating on shares of Bausch Health Companies in a research note on Monday, July 15th. Finally, Oppenheimer set a $11.00 price objective on shares of ArQule and gave the stock a buy rating in a research note on Friday, June 14th. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $52.21.

Shares of BJRI traded up $1.00 during trading hours on Friday, reaching $39.75. 1,618,823 shares of the company traded hands, compared to its average volume of 518,583. The firm has a fifty day moving average price of $42.35. The stock has a market cap of $803.45 million, a P/E ratio of 17.77, a price-to-earnings-growth ratio of 1.19 and a beta of 0.89. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.39 and a quick ratio of 0.32. BJ’s Restaurants has a 12 month low of $36.77 and a 12 month high of $76.50.

BJ’s Restaurants (NASDAQ:BJRI) last announced its earnings results on Thursday, July 25th. The restaurant operator reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.06). The company had revenue of $301.09 million for the quarter, compared to the consensus estimate of $300.35 million. BJ’s Restaurants had a net margin of 4.05% and a return on equity of 14.72%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.79 EPS. Equities analysts anticipate that BJ’s Restaurants will post 2.25 earnings per share for the current fiscal year.

A number of institutional investors have recently modified their holdings of BJRI. Great West Life Assurance Co. Can grew its holdings in shares of BJ’s Restaurants by 7.0% in the 4th quarter. Great West Life Assurance Co. Can now owns 29,402 shares of the restaurant operator’s stock valued at $1,374,000 after acquiring an additional 1,935 shares in the last quarter. United Services Automobile Association grew its holdings in shares of BJ’s Restaurants by 7.3% in the 4th quarter. United Services Automobile Association now owns 7,256 shares of the restaurant operator’s stock valued at $367,000 after acquiring an additional 495 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of BJ’s Restaurants by 16.4% in the 4th quarter. Geode Capital Management LLC now owns 240,044 shares of the restaurant operator’s stock valued at $12,139,000 after acquiring an additional 33,908 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of BJ’s Restaurants by 1.6% in the 4th quarter. Principal Financial Group Inc. now owns 185,888 shares of the restaurant operator’s stock valued at $9,400,000 after acquiring an additional 2,849 shares in the last quarter. Finally, Squarepoint Ops LLC grew its holdings in shares of BJ’s Restaurants by 21.7% in the 4th quarter. Squarepoint Ops LLC now owns 54,977 shares of the restaurant operator’s stock valued at $2,780,000 after acquiring an additional 9,805 shares in the last quarter.

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. As of April 16, 2019, the company owned and operated 204 casual dining restaurants that offer dine-in, take-out, delivery, and party catering services in 27 states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, and Washington.

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Analyst Recommendations for BJ`s Restaurants (NASDAQ:BJRI)

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