BJ's Restaurants (BJRI) Scheduled to Post Earnings on Thursday

BJ's Restaurants (NASDAQ:BJRI - Get Free Report) will issue its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.14 per share for the quarter. Parties interested in participating in the company's conference call can do so using this link.

BJ's Restaurants (NASDAQ:BJRI - Get Free Report) last released its quarterly earnings results on Thursday, February 15th. The restaurant operator reported $0.34 EPS for the quarter, topping analysts' consensus estimates 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 business had revenue of $323.64 million for the quarter, compared to analyst estimates of $331.03 million. During the same period last year, the firm earned $0.17 earnings per share. BJ's Restaurants's revenue for the quarter was down 6.0% compared to the same quarter last year. On average, analysts expect BJ's Restaurants to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

BJ's Restaurants Stock Performance

NASDAQ:BJRI traded up $0.55 during mid-day trading on Thursday, reaching $33.19. 376,010 shares of the company's stock were exchanged, compared to its average volume of 380,083. BJ's Restaurants has a one year low of $21.64 and a one year high of $38.76. The firm has a market capitalization of $776.65 million, a PE ratio of 39.33, a price-to-earnings-growth ratio of 1.89 and a beta of 2.12. The business's fifty day simple moving average is $34.77 and its two-hundred day simple moving average is $32.22. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.35 and a current ratio of 0.42.

Insider Activity

In related news, major shareholder Fund 1 Investments, Llc sold 242,000 shares of the firm's stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $35.53, for a total value of $8,598,260.00. Following the completion of the transaction, the insider now owns 2,326,476 shares in the company, valued at approximately $82,659,692.28. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, major shareholder Fund 1 Investments, Llc sold 242,000 shares of the firm's stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $35.53, for a total value of $8,598,260.00. Following the completion of the transaction, the insider now owns 2,326,476 shares in the company, valued at approximately $82,659,692.28. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Alex Puchner sold 7,713 shares of the firm's stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $38.25, for a total transaction of $295,022.25. Following the completion of the transaction, the vice president now 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 corporate insiders.

Analyst Ratings Changes

BJRI has been the topic of a number of recent research reports. Stephens reaffirmed 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. Citigroup increased their price objective on shares of BJ's Restaurants from $28.00 to $37.00 and gave the stock a "neutral" rating in a research note on Friday, February 16th. Oppenheimer increased their price objective on shares of BJ's Restaurants from $37.00 to $42.00 and gave the stock an "outperform" rating in a research note on Friday, January 5th. TheStreet upgraded shares of BJ's Restaurants from a "c" rating to a "b-" rating in a research note on Friday, February 16th. Finally, Barclays increased their price objective on shares of BJ's Restaurants from $25.00 to $30.00 and gave the stock an "underweight" rating in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, BJ's Restaurants has an average rating of "Hold" and a consensus price target of $37.30.

About BJ's Restaurants

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.