Q1 EPS Forecast for BJ's Restaurants Increased by Analyst

Key Points

• Analysts at Zacks Research have raised their Q1 2027 earnings per share forecast for BJ's Restaurants to $0.76, up from a previous estimate of $0.71.
• BJ's Restaurants reported $0.97 EPS for their last quarter, beating analysts' expectations of $0.69, and achieved a 4.5% revenue increase year over year.
• Institutional investors own 99.95% of BJ's Restaurants stock, with several firms increasing their holdings significantly in recent months.

BJ's Restaurants, Inc. (NASDAQ:BJRI - Free Report) - Equities researchers at Zacks Research upped their Q1 2027 earnings per share estimates for shares of BJ's Restaurants in a research report issued on Friday, September 5th. Zacks Research analyst Team now forecasts that the restaurant operator will earn $0.76 per share for the quarter, up from their prior estimate of $0.71. The consensus estimate for BJ's Restaurants' current full-year earnings is $1.50 per share. Zacks Research also issued estimates for BJ's Restaurants' Q2 2027 earnings at $0.86 EPS and FY2027 earnings at $2.56 EPS.

BJ's Restaurants (NASDAQ:BJRI - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The restaurant operator reported $0.97 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.28. The business had revenue of $365.60 million during the quarter, compared to analysts' expectations of $362.74 million. BJ's Restaurants had a return on equity of 11.73% and a net margin of 1.99%.The company's revenue was up 4.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.72 EPS.

Several other equities analysts have also issued reports on the company. Benchmark raised BJ's Restaurants from a "hold" rating to a "buy" rating and set a $44.00 target price on the stock in a research note on Monday, August 4th. Piper Sandler increased their target price on BJ's Restaurants from $36.00 to $40.00 and gave the stock a "neutral" rating in a research note on Friday, August 1st. Barclays increased their target price on BJ's Restaurants from $33.00 to $37.00 and gave the stock an "underweight" rating in a research note on Thursday, July 17th. Finally, Wall Street Zen lowered BJ's Restaurants from a "buy" rating to a "hold" rating in a research note on Friday. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, BJ's Restaurants presently has a consensus rating of "Hold" and a consensus target price of $39.67.

BJ's Restaurants Stock Performance

NASDAQ BJRI opened at $33.56 on Monday. The stock has a market cap of $742.35 million, a PE ratio of 28.20, a P/E/G ratio of 1.13 and a beta of 1.37. The company has a current ratio of 0.38, a quick ratio of 0.32 and a debt-to-equity ratio of 0.16. BJ's Restaurants has a twelve month low of $27.89 and a twelve month high of $47.02. The stock has a fifty day simple moving average of $37.67 and a 200-day simple moving average of $37.92.

Institutional Investors Weigh In On BJ's Restaurants

A number of hedge funds have recently bought and sold shares of BJRI. Price T Rowe Associates Inc. MD raised its position in BJ's Restaurants by 8.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,176 shares of the restaurant operator's stock valued at $709,000 after purchasing an additional 1,486 shares in the last quarter. Northern Trust Corp raised its position in BJ's Restaurants by 9.2% in the 4th quarter. Northern Trust Corp now owns 229,029 shares of the restaurant operator's stock valued at $8,047,000 after purchasing an additional 19,239 shares in the last quarter. D. E. Shaw & Co. Inc. raised its position in BJ's Restaurants by 60.3% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 277,874 shares of the restaurant operator's stock valued at $9,763,000 after purchasing an additional 104,490 shares in the last quarter. Deutsche Bank AG raised its position in BJ's Restaurants by 10.6% in the 4th quarter. Deutsche Bank AG now owns 55,406 shares of the restaurant operator's stock valued at $1,947,000 after purchasing an additional 5,316 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new stake in BJ's Restaurants in the 4th quarter valued at about $1,157,000. Institutional investors and hedge funds own 99.95% of the company's stock.

Insider Transactions at BJ's Restaurants

In other BJ's Restaurants news, SVP Heidi Rogers sold 4,116 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $35.36, for a total value of $145,541.76. Following the sale, the senior vice president owned 7,144 shares of the company's stock, valued at $252,611.84. This trade represents a 36.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Jacob Guild sold 9,521 shares of the stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $35.51, for a total value of $338,090.71. Following the completion of the sale, the chief accounting officer directly owned 3,803 shares in the company, valued at $135,044.53. This represents a 71.46% decrease in their position. The disclosure for this sale can be found here. 4.90% of the stock is owned by company insiders.

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

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