Zacks Research Cuts Earnings Estimates for BJ's Restaurants

Key Points

• Zacks Research has cut its Q3 2025 EPS estimate for BJ's Restaurants from $0.05 to $0.03, while maintaining a full-year EPS estimate of $1.50.
• Despite the lowered estimate, BJ's Restaurants reported $0.97 EPS in its last quarterly results, surpassing expectations of $0.69 by $0.28.
• Barclays recently increased its price target for BJ's Restaurants from $33.00 to $37.00, continuing to maintain an "underweight" rating.

BJ's Restaurants, Inc. (NASDAQ:BJRI - Free Report) - Stock analysts at Zacks Research decreased their Q3 2025 earnings per share (EPS) estimates for shares of BJ's Restaurants in a note issued to investors on Thursday, August 14th. Zacks Research analyst Team now forecasts that the restaurant operator will earn $0.03 per share for the quarter, down from their previous forecast of $0.05. 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' Q4 2025 earnings at $0.51 EPS, Q1 2026 earnings at $0.59 EPS, Q2 2026 earnings at $0.74 EPS, Q3 2026 earnings at $0.23 EPS, Q4 2026 earnings at $0.58 EPS, FY2026 earnings at $2.14 EPS, Q1 2027 earnings at $0.71 EPS, Q2 2027 earnings at $0.83 EPS and FY2027 earnings at $2.49 EPS.

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

A number of other brokerages have also recently weighed in on BJRI. Barclays lifted their price objective on BJ's Restaurants from $33.00 to $37.00 and gave the company an "underweight" rating in a research note on Thursday, July 17th. Benchmark raised BJ's Restaurants from a "hold" rating to a "buy" rating and set a $44.00 price objective for the company in a research note on Monday, August 4th. Piper Sandler lifted their price objective on BJ's Restaurants from $36.00 to $40.00 and gave the company a "neutral" rating in a research note on Friday, August 1st. Wall Street Zen raised BJ's Restaurants from a "hold" rating to a "buy" rating in a research note on Saturday, August 16th. Finally, Sanford C. Bernstein set a $33.00 price objective on BJ's Restaurants and gave the company an "underweight" rating in a research note on Friday, May 2nd. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $39.67.

BJ's Restaurants Trading Up 2.2%

Shares of NASDAQ BJRI traded up $0.75 during trading on Monday, reaching $35.09. The stock had a trading volume of 796,939 shares, compared to its average volume of 674,339. BJ's Restaurants has a fifty-two week low of $27.89 and a fifty-two week high of $47.02. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.32 and a current ratio of 0.38. The business's 50-day moving average price is $39.93 and its 200-day moving average price is $38.01. The company has a market cap of $776.19 million, a P/E ratio of 29.49, a PEG ratio of 1.16 and a beta of 1.59.

Insider Buying and Selling at BJ's Restaurants

In related news, SVP Heidi Rogers sold 4,116 shares of the business's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $35.36, for a total transaction of $145,541.76. Following the completion of the transaction, the senior vice president owned 7,144 shares in the company, valued at approximately $252,611.84. The trade was a 36.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Jacob Guild sold 9,521 shares of the business's stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $35.51, for a total transaction of $338,090.71. Following the transaction, the chief accounting officer owned 3,803 shares of the company's stock, valued at approximately $135,044.53. The trade was a 71.46% decrease in their position. The disclosure for this sale can be found here. 4.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On BJ's Restaurants

A number of institutional investors and hedge funds have recently modified their holdings of the company. Nomura Holdings Inc. grew its stake in shares of BJ's Restaurants by 103.2% during the first quarter. Nomura Holdings Inc. now owns 1,700,780 shares of the restaurant operator's stock worth $58,269,000 after purchasing an additional 863,749 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of BJ's Restaurants by 6.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,242,137 shares of the restaurant operator's stock worth $43,642,000 after purchasing an additional 78,852 shares in the last quarter. American Century Companies Inc. grew its stake in shares of BJ's Restaurants by 6.6% during the second quarter. American Century Companies Inc. now owns 824,597 shares of the restaurant operator's stock worth $36,777,000 after purchasing an additional 51,062 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of BJ's Restaurants by 233.6% during the second quarter. Arrowstreet Capital Limited Partnership now owns 628,445 shares of the restaurant operator's stock worth $28,029,000 after purchasing an additional 440,078 shares in the last quarter. Finally, Emerald Advisers LLC grew its stake in shares of BJ's Restaurants by 2.6% during the second quarter. Emerald Advisers LLC now owns 593,478 shares of the restaurant operator's stock worth $26,469,000 after purchasing an additional 15,151 shares in the last quarter. Institutional investors and hedge funds own 99.95% of the company's stock.

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 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.