Q2 EPS Forecast for BJ's Restaurants Increased by Analyst

BJ's Restaurants, Inc. (NASDAQ:BJRI - Free Report) - Investment analysts at William Blair lifted their Q2 2025 earnings per share (EPS) estimates for BJ's Restaurants in a research report issued on Tuesday, July 22nd. William Blair analyst S. Zackfia now anticipates that the restaurant operator will post earnings per share of $0.81 for the quarter, up from their prior forecast of $0.75. The consensus estimate for BJ's Restaurants' current full-year earnings is $1.50 per share.

Several other equities research analysts also recently commented on the company. Barclays raised their target price on BJ's Restaurants from $33.00 to $37.00 and gave the company an "underweight" rating in a report on Thursday, July 17th. Sanford C. Bernstein set a $33.00 target price on BJ's Restaurants and gave the company an "underweight" rating in a report on Friday, May 2nd. Finally, Wall Street Zen raised shares of BJ's Restaurants from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $38.00.

BJ's Restaurants Trading Down 0.5%

Shares of BJ's Restaurants stock traded down $0.19 during trading hours on Thursday, reaching $38.96. The stock had a trading volume of 624,093 shares, compared to its average volume of 470,845. The firm has a 50 day simple moving average of $43.37 and a two-hundred day simple moving average of $38.07. The firm has a market capitalization of $861.80 million, a price-to-earnings ratio of 41.45, a P/E/G ratio of 1.47 and a beta of 1.56. The company has a current ratio of 0.39, a quick ratio of 0.31 and a debt-to-equity ratio of 0.23. BJ's Restaurants has a 1 year low of $27.61 and a 1 year high of $47.02.

BJ's Restaurants (NASDAQ:BJRI - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The restaurant operator reported $0.59 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.20. The company had revenue of $347.97 million for the quarter, compared to the consensus estimate of $347.70 million. BJ's Restaurants had a return on equity of 10.35% and a net margin of 1.64%. The company's quarterly revenue was up 3.2% compared to the same quarter last year. During the same period last year, the business posted $0.32 EPS.

Institutional Investors Weigh In On BJ's Restaurants

A number of institutional investors have recently made changes to their positions in BJRI. Summit Securities Group LLC acquired a new position in BJ's Restaurants during the 1st quarter worth $69,000. DekaBank Deutsche Girozentrale acquired a new stake in shares of BJ's Restaurants during the first quarter worth $97,000. US Bancorp DE raised its position in shares of BJ's Restaurants by 51.8% during the first quarter. US Bancorp DE now owns 2,887 shares of the restaurant operator's stock worth $99,000 after purchasing an additional 985 shares during the period. Headlands Technologies LLC acquired a new stake in shares of BJ's Restaurants during the fourth quarter worth $108,000. Finally, Longboard Asset Management LP acquired a new stake in shares of BJ's Restaurants during the second quarter worth $203,000. 99.95% of the stock is currently owned by institutional investors.

Insider Activity at BJ's Restaurants

In other news, Director Greg Trojan sold 146,102 shares of the business's stock in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $44.63, for a total value of $6,520,532.26. Following the completion of the sale, the director directly owned 19,896 shares in the company, valued at approximately $887,958.48. The trade was a 88.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian S. Krakower sold 3,738 shares of the business's stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $44.32, for a total value of $165,668.16. Following the completion of the sale, the insider owned 4,579 shares of the company's stock, valued at $202,941.28. This trade represents a 44.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.30% of the stock is owned by 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 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.