Wedbush Weighs in on BJ's Restaurants, Inc.'s Q1 2025 Earnings (NASDAQ:BJRI)

BJ's Restaurants, Inc. (NASDAQ:BJRI - Free Report) - Wedbush upped their Q1 2025 earnings estimates for BJ's Restaurants in a research report issued on Friday, April 26th. Wedbush analyst N. Setyan now forecasts that the restaurant operator will post earnings of $0.25 per share for the quarter, up from their prior forecast of $0.23. Wedbush has a "Outperform" rating and a $40.00 price objective on the stock. The consensus estimate for BJ's Restaurants' current full-year earnings is $1.22 per share. Wedbush also issued estimates for BJ's Restaurants' Q2 2025 earnings at $0.65 EPS and Q4 2025 earnings at $0.55 EPS.

Several other research analysts also recently issued reports on BJRI. Citigroup upped their price target on shares of BJ's Restaurants from $28.00 to $37.00 and gave the stock a "neutral" rating in a research report on Friday, February 16th. TheStreet upgraded shares of BJ's Restaurants from a "c" rating to a "b-" rating in a research report on Friday, February 16th. Stephens reiterated an "equal weight" rating and set a $35.00 price target on shares of BJ's Restaurants in a research report on Friday, February 16th. Oppenheimer upped their price target on shares of BJ's Restaurants from $37.00 to $42.00 and gave the stock an "outperform" rating in a research report on Friday, January 5th. Finally, Barclays boosted their price objective on BJ's Restaurants from $25.00 to $30.00 and gave the stock an "underweight" rating in a report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $37.30.

BJ's Restaurants Price Performance

NASDAQ BJRI traded down $0.25 on Monday, hitting $33.19. 334,946 shares of the company were exchanged, compared to its average volume of 377,398. The firm has a 50 day moving average of $34.66 and a two-hundred day moving average of $32.42. The company has a market cap of $776.65 million, a P/E ratio of 40.29, a P/E/G ratio of 1.96 and a beta of 2.12. The company has a current ratio of 0.42, a quick ratio of 0.35 and a debt-to-equity ratio of 0.19. BJ's Restaurants has a 1-year low of $21.64 and a 1-year high of $38.76.

BJ's Restaurants (NASDAQ:BJRI - Get Free Report) last issued its earnings results on Thursday, February 15th. The restaurant operator reported $0.34 EPS for the quarter, beating the consensus estimate of $0.27 by $0.07. BJ's Restaurants had a net margin of 1.47% and a return on equity of 5.45%. The company had revenue of $323.64 million for the quarter, compared to the consensus estimate of $331.03 million. During the same quarter in the previous year, the company earned $0.17 EPS. The firm's revenue for the quarter was down 6.0% compared to the same quarter last year.

Hedge Funds Weigh In On BJ's Restaurants

Large investors have recently bought and sold shares of the company. Diversified Trust Co boosted its holdings in shares of BJ's Restaurants by 10.8% in the 1st quarter. Diversified Trust Co now owns 6,487 shares of the restaurant operator's stock valued at $235,000 after buying an additional 632 shares during the last quarter. Fisher Asset Management LLC raised its stake in BJ's Restaurants by 2.7% in the fourth quarter. Fisher Asset Management LLC now owns 49,197 shares of the restaurant operator's stock valued at $1,772,000 after purchasing an additional 1,288 shares in the last quarter. GSA Capital Partners LLP raised its stake in BJ's Restaurants by 40.8% in the fourth quarter. GSA Capital Partners LLP now owns 92,176 shares of the restaurant operator's stock valued at $3,319,000 after purchasing an additional 26,722 shares in the last quarter. Verition Fund Management LLC raised its stake in BJ's Restaurants by 298.7% in the fourth quarter. Verition Fund Management LLC now owns 141,556 shares of the restaurant operator's stock valued at $5,097,000 after purchasing an additional 106,054 shares in the last quarter. Finally, RK Capital Management LLC raised its stake in BJ's Restaurants by 3.8% in the fourth quarter. RK Capital Management LLC now owns 341,600 shares of the restaurant operator's stock valued at $12,301,000 after purchasing an additional 12,500 shares in the last quarter. Institutional investors and hedge funds own 99.95% of the company's stock.

Insider Activity

In related news, VP Alex Puchner sold 7,713 shares of the stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $38.25, for a total transaction of $295,022.25. Following the completion of the sale, the vice president now directly owns 12,222 shares of the company's stock, valued at approximately $467,491.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, major shareholder Fund 1 Investments, Llc sold 242,000 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $35.53, for a total transaction of $8,598,260.00. Following the completion of the sale, the insider now directly owns 2,326,476 shares of the company's stock, valued at approximately $82,659,692.28. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP Alex Puchner sold 7,713 shares of the company's stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $38.25, for a total value of $295,022.25. Following the transaction, the vice president now directly owns 12,222 shares of the company's stock, valued at approximately $467,491.50. The disclosure for this sale can be found here. 4.20% of the stock is currently owned by company insiders.

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. The company was formerly known as Chicago Pizza & Brewery, Inc and changed its name to BJ's Restaurants, Inc in August 2004.