J Alexanders Holdings Inc (NYSE:JAX) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 1 year consensus price target of $15.00 for the company, according to Zacks. Zacks has also assigned J Alexanders an industry rank of 144 out of 256 based on the ratings given to related companies.

Separately, Zacks Investment Research lowered shares of J Alexanders from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th.

Shares of JAX traded up $0.03 during midday trading on Friday, reaching $11.78. The company had a trading volume of 64,237 shares, compared to its average volume of 48,555. J Alexanders has a 1-year low of $7.70 and a 1-year high of $13.40. The company has a quick ratio of 0.46, a current ratio of 0.55 and a debt-to-equity ratio of 0.64. The firm has a 50 day simple moving average of $11.32 and a 200-day simple moving average of $10.69. The stock has a market cap of $173.11 million, a PE ratio of 19.63 and a beta of 0.72.

J Alexanders (NYSE:JAX) last announced its quarterly earnings results on Friday, August 9th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.02). The firm had revenue of $62.23 million for the quarter. J Alexanders had a net margin of 2.56% and a return on equity of 8.42%. As a group, sell-side analysts anticipate that J Alexanders will post 0.7 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently made changes to their positions in JAX. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of J Alexanders by 3.5% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 29,091 shares of the company’s stock valued at $286,000 after buying an additional 997 shares during the period. Raymond James Trust N.A. increased its stake in J Alexanders by 8.6% during the 2nd quarter. Raymond James Trust N.A. now owns 12,610 shares of the company’s stock worth $141,000 after buying an additional 1,000 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in J Alexanders by 9.5% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 18,115 shares of the company’s stock worth $178,000 after buying an additional 1,571 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in J Alexanders by 580.8% during the 1st quarter. BNP Paribas Arbitrage SA now owns 2,723 shares of the company’s stock worth $27,000 after buying an additional 2,323 shares in the last quarter. Finally, Globeflex Capital L P boosted its position in J Alexanders by 16.2% in the 1st quarter. Globeflex Capital L P now owns 19,950 shares of the company’s stock valued at $196,000 after buying an additional 2,783 shares during the period. 70.06% of the stock is currently owned by institutional investors.

J Alexanders Company Profile

J. Alexander's Holdings, Inc, through its subsidiaries, owns and operates complementary upscale dining restaurants in the United States. It operates restaurants under various concepts, including J. Alexander's, Redlands Grill, Lyndhurst Grill, Overland Park Grill, and River Steakhouse and Grill.

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