BJ's Restaurants Company Profile (NASDAQ:BJRI)

BJ's Restaurants trades on the NASDAQ under the ticker symbol "BJRI."

BJ's Restaurants announced that its Board of Directors has authorized a share repurchase program on Sunday, June 4th 2017, which authorizes the company to buyback $50,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 5.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

BJ's Restaurants, Inc. (NASDAQ:BJRI) released its quarterly earnings data on Thursday, April, 27th. The company reported $0.42 EPS for the quarter, topping the Zacks' consensus estimate of $0.34 by $0.08. The business had revenue of $257.80 million for the quarter, compared to the consensus estimate of $255.66 million. BJ's Restaurants had a return on equity of 14.86% and a net margin of 4.29%. The business's quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.47 earnings per share. View BJ's Restaurants' Earnings History.

BJ's Restaurants is scheduled to release their next quarterly earnings announcement on Thursday, July, 27th 2017. View Earnings Estimates for BJ's Restaurants.

10 analysts have issued 12 month target prices for BJ's Restaurants' stock. Their forecasts range from $30.00 to $45.00. On average, they expect BJ's Restaurants' stock price to reach $39.25 in the next twelve months. View Analyst Ratings for BJ's Restaurants.

Here are some recent quotes from research analysts about BJ's Restaurants stock:

• 1. According to Zacks Investment Research, "BJ’s Restaurants shares have underperformed the Zacks classified Retail-Restaurants industry year to date. A challenging sales environment is hurting the company’s comps growth. It has thus planned to slow down its pace of unit openings in 2017, to focus more on sales building initiatives. Higher labor costs and expenses related to marketing as well as other sales-boosting initiatives are also expected to continue pressurizing profits. Even so, the company is positive on driving growth over the long term given menu innovation, loyalty program enhancements and other productivity initiatives. The four strategic sales-building initiatives undertaken by the company also bode well. Still, limited international presence and intensifying competition in the domestic market raise caution. Meanwhile, estimates have been going slightly down ahead of its Q2 earnings release and the company has mixed record of earnings surprises in recent quarters." (7/19/2017)
• 2. Wedbush analysts commented, "The Wedbush View: We currently view 2017 expectations as realistic, and await evidence of traction from ongoing sales initiatives that may drive 2H:17 SSS growth and margin improvement ahead of expectations." (5/25/2017)
• 3. Canaccord Genuity analysts commented, "We continue to favor BJRI’s polished casual" positioning but remain on the sidelines as traffic remains in negative territory and further comp improvement is needed to return to the targeted 20% restaurant-level margins. Also, despite the Q1 beat, we are trimming our EPS estimates for FY17 to $1.79 (from $1.81) as upcoming investments in sales initiatives are expected to weigh on margins." (4/28/2017)

Some companies that are related to BJ's Restaurants include Rush Enterprises (RUSHA), Insight Enterprises (NSIT), BMC Stock Holdings (BMCH), Bob Evans Farms (BOBE), DSW (DSW), Group 1 Automotive (GPI), Asbury Automotive Group (ABG), GMS (GMS), Chico's FAS (CHS), Diplomat Pharmacy (DPLO), Sonic Corp. (SONC), SpartanNash Company (SPTN), PetMed Express (PETS), Wingstop (WING), Sears Holdings Corporation (SHLD), Shake Shack (SHAK), Sonic Automotive (SAH) and Ethan Allen Interiors (ETH).

BJ's Restaurants' management team includes the folowing people:

• Gerald W. Deitchle, Chairman of the Board
• Gregory A. Trojan, President, Chief Executive Officer, Director
• Gregory S. Levin, Chief Financial Officer, Executive Vice President, Secretary
• Kevin E. Mayer, Executive Vice President, Chief Marketing Officer
• Lon F. Ledwith, Executive Vice President - Operations
• Gregory S. Lynds, Executive Vice President, Chief Development Officer
• Brian S. Krakower, Senior Vice President, Chief Information Officer
• Kendra D. Miller, Senior Vice President, General Counsel, Assistant Secretary
• Jeffrey H. Fowler, Senior Vice President, Chief Supply Chain Officer
• Alexander M. Puchner, Senior Vice President - Brewing Operations

BJ's Restaurants' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include RE Advisers Corp (3.86%), GW&K Investment Management LLC (1.64%), Rothschild Investment Corp IL (0.37%), Bank of Montreal Can (0.16%), Fox Run Management L.L.C. (0.11%) and US Bancorp DE (0.10%). Company insiders that own BJ's Restaurants stock include Alex Puchner, Brian S Krakower, Gregory Levin, John D Allegretto, Kevin E Mayer, Larry D Bouts, Lon Ledwith, Luxor Capital Group, Lp, Noah A Elbogen, Patrick Walsh, Peter A Bassi and Pozzo James Dal. View Institutional Ownership Trends for BJ's Restaurants.

BJ's Restaurants' stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Rothschild Investment Corp IL and Louisiana State Employees Retirement System. Company insiders that have sold BJ's Restaurants stock in the last year include Alex Puchner, Kevin E Mayer, Larry D Bouts, Lon Ledwith, Luxor Capital Group, Lp, Patrick Walsh and Pozzo James Dal. View Insider Buying and Selling for BJ's Restaurants.

BJ's Restaurants' stock was purchased by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Fox Run Management L.L.C., State of Alaska Department of Revenue, US Bancorp DE and Aperio Group LLC. Company insiders that have bought BJ's Restaurants stock in the last two years include Gregory Levin, Noah A Elbogen and Patrick Walsh. View Insider Buying and Selling for BJ's Restaurants.

Shares of BJ's Restaurants can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BJ's Restaurants stock can currently be purchased for approximately $36.25.