Zacks Research Has Negative Outlook for BJRI FY2026 Earnings

BJ's Restaurants, Inc. (NASDAQ:BJRI - Free Report) - Analysts at Zacks Research cut their FY2026 earnings estimates for BJ's Restaurants in a note issued to investors on Wednesday, April 23rd. Zacks Research analyst H. Ray now expects that the restaurant operator will post earnings of $1.93 per share for the year, down from their previous forecast of $1.94. The consensus estimate for BJ's Restaurants' current full-year earnings is $1.50 per share.

BJ's Restaurants (NASDAQ:BJRI - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The restaurant operator reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.12. The business had revenue of $344.34 million during the quarter, compared to analysts' expectations of $336.48 million. BJ's Restaurants had a net margin of 1.23% and a return on equity of 8.76%.

A number of other brokerages have also recently weighed in on BJRI. Oppenheimer cut shares of BJ's Restaurants from an "outperform" rating to a "market perform" rating in a research report on Tuesday, January 7th. Barclays reduced their target price on shares of BJ's Restaurants from $37.00 to $31.00 and set an "underweight" rating for the company in a report on Tuesday, April 22nd. Wedbush upped their target price on shares of BJ's Restaurants from $43.00 to $48.00 and gave the company an "outperform" rating in a report on Friday, February 21st. Finally, Gordon Haskett raised shares of BJ's Restaurants from an "underperform" rating to a "hold" rating and set a $36.00 target price for the company in a report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $39.20.

BJ's Restaurants Stock Performance

BJRI traded down $0.22 on Friday, reaching $32.99. The company had a trading volume of 78,546 shares, compared to its average volume of 354,117. BJ's Restaurants has a 1 year low of $27.61 and a 1 year high of $41.72. The stock has a market capitalization of $736.20 million, a PE ratio of 48.51, a P/E/G ratio of 1.81 and a beta of 1.78. The company has a quick ratio of 0.28, a current ratio of 0.04 and a debt-to-equity ratio of 0.18. The stock has a 50-day moving average price of $34.03 and a 200-day moving average price of $35.13.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BJRI. Geode Capital Management LLC increased its stake in shares of BJ's Restaurants by 1.0% during the third quarter. Geode Capital Management LLC now owns 493,006 shares of the restaurant operator's stock worth $16,056,000 after acquiring an additional 5,075 shares during the period. JPMorgan Chase & Co. increased its stake in shares of BJ's Restaurants by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 27,284 shares of the restaurant operator's stock worth $888,000 after acquiring an additional 1,823 shares during the period. Principal Financial Group Inc. increased its stake in shares of BJ's Restaurants by 1.6% during the fourth quarter. Principal Financial Group Inc. now owns 110,833 shares of the restaurant operator's stock worth $3,894,000 after acquiring an additional 1,752 shares during the period. Rothschild Investment LLC increased its stake in shares of BJ's Restaurants by 3.6% during the fourth quarter. Rothschild Investment LLC now owns 110,895 shares of the restaurant operator's stock worth $3,896,000 after acquiring an additional 3,835 shares during the period. Finally, Proficio Capital Partners LLC acquired a new position in BJ's Restaurants during the fourth quarter worth about $574,000. 99.95% of the stock is currently owned by institutional investors and hedge funds.

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.