BJ’s Restaurants (NASDAQ:BJRI) had its target price cut by Jefferies Group from $31.00 to $25.00 in a research note released on Friday morning, American Banking News reports. They currently have a hold rating on the stock.
A number of other analysts have also recently weighed in on BJRI. Analysts at Barclays cut their price target on shares of BJ’s Restaurants from $35.00 to $28.00 in a research note to investors on Friday. They now have an overweight rating on the stock. Separately, analysts at Wunderlich reiterated a hold rating on shares of BJ’s Restaurants in a research note to investors on Wednesday, October 9th. They now have a $32.00 price target on the stock, down previously from $42.00. Finally, analysts at Zacks downgraded shares of BJ’s Restaurants from a neutral rating to an underperform rating in a research note to investors on Monday, September 30th. They now have a $26.00 price target on the stock. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of $32.77.
BJ’s Restaurants (NASDAQ:BJRI) traded up 1.95% on Friday, hitting $26.10. 374,611 shares of the company’s stock traded hands. BJ’s Restaurants has a 52-week low of $28.94 and a 52-week high of $45.63. The stock has a 50-day moving average of $32.44 and a 200-day moving average of $34.51. The company has a market cap of $734.4 million and a price-to-earnings ratio of 26.95.
BJ’s Restaurants (NASDAQ:BJRI) last released its earnings data on Thursday, October 24th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.04. The company had revenue of $188.24 million for the quarter, compared to the consensus estimate of $194.62 million. During the same quarter in the previous year, the company posted $0.24 earnings per share. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. On average, analysts predict that BJ’s Restaurants will post $0.89 earnings per share for the current fiscal year.
BJ’s Restaurants, Inc (NASDAQ:BJRI) owns and operates restaurants.
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