BJ's Restaurants Chairman Gerald W. Deitchle Sells 300,000 Shares (BJRI)

Share on StockTwits

BJ's Restaurants (NASDAQ:BJRI) Chairman Gerald W. Deitchle unloaded 300,000 shares of the company’s stock on the open market in a transaction dated Thursday, July 31st. The stock was sold at an average price of $34.25, for a total value of $10,275,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of BJ's Restaurants (NASDAQ:BJRI) traded up 0.09% during mid-day trading on Thursday, hitting $34.27. The stock had a trading volume of 273,036 shares. BJ's Restaurants has a 52 week low of $25.11 and a 52 week high of $36.60. The stock’s 50-day moving average is $34.26 and its 200-day moving average is $31.37. The company has a market cap of $975.1 million and a P/E ratio of 57.94.

BJ's Restaurants (NASDAQ:BJRI) last issued its quarterly earnings data on Thursday, July 24th. The company reported $0.30 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.24 by $0.06. The company had revenue of $219.40 million for the quarter, compared to the consensus estimate of $219.25 million. During the same quarter last year, the company posted $0.32 earnings per share. BJ's Restaurants’s revenue was up 10.5% compared to the same quarter last year. On average, analysts predict that BJ's Restaurants will post $0.77 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of BJ's Restaurants in a research note on Friday, July 25th. They now have a $43.00 price target on the stock, up previously from $38.00. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of BJ's Restaurants in a research note on Friday, July 25th. They now have a $28.00 price target on the stock, up previously from $25.00. Finally, analysts at Barclays reiterated an “underweight” rating on shares of BJ's Restaurants in a research note on Friday, July 25th. They now have a $28.00 price target on the stock, up previously from $27.00. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $31.50.

BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.

Receive News & Ratings for BJ's Restaurants Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Restaurants Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.

Latest News

Unilever Sales Growth Slowest in Five Years
Unilever Sales Growth Slowest in Five Years
Yahoo Up After Reaping Riches from Alibaba
Yahoo Up After Reaping Riches from Alibaba
Economy in China Grows at Five-Year Low
Economy in China Grows at Five-Year Low
Philips Announced Spinoff on Track but Posts Loss
Philips Announced Spinoff on Track but Posts Loss
Honeywell Profit Passes Forecast, Seeking Deals
Honeywell Profit Passes Forecast, Seeking Deals
Amazon Now Has Grocery Delivery in Brooklyn
Amazon Now Has Grocery Delivery in Brooklyn


Leave a Reply

Advertisement
Advertisement
© 2006-2014 Ticker Report. Google+.