Bojangles Company Profile (NASDAQ:BOJA)

About Bojangles (NASDAQ:BOJA)

Bojangles logoBojangles', Inc. is a restaurant operator and franchisor. The Company offers food made from its Southern recipes. The Company's menu includes its made-from-scratch, buttermilk biscuits baked fresh every 20 minutes; its fresh, never-frozen bone-in fried chicken; its fixin's; its Bo-Smart menu featuring items, such as salads, grilled chicken sandwiches, roasted chicken bites and fat-free green beans; its freshly baked and delicious sweets menu, and its Legendary Iced Tea. The Company's food is offered a la carte and in combos. The Company's chicken, fixin's, biscuits and Legendary Iced Tea may also be ordered in boxes or family meals, and larger combinations may be offered as tailgate specials or may be packaged in its Big Bo Box. The Company offers Southern style mac 'n cheese made from two cheeses; fat-free green beans; cole slaw, and mashed potatoes with gravy. Its menu also features salads, sandwiches and its whole meat Roasted Chicken Bites.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Restaurants
  • Sub-Industry: N/A
  • Symbol: NASDAQ:BOJA
  • CUSIP: N/A
  • Web: www.bojangles.com
Capitalization:
  • Market Cap: $640.43 million
  • Outstanding Shares: 36,596,000
Average Prices:
  • 50 Day Moving Avg: $19.76
  • 200 Day Moving Avg: $19.39
  • 52 Week Range: $14.55 - $22.35
P/E:
  • Trailing P/E Ratio: 17.59
  • Foreward P/E Ratio: 17.33
  • P/E Growth: 2.74
Sales & Book Value:
  • Annual Revenue: $535.72 million
  • Price / Sales: 1.20
  • Book Value: $5.99 per share
  • Price / Book: 2.92
Profitability:
  • EBIDTA: $83.43 million
  • Net Margins: 6.86%
  • Return on Equity: 19.49%
  • Return on Assets: 6.32%
Debt:
  • Debt-to-Equity Ratio: 0.96%
  • Current Ratio: 0.60%
  • Quick Ratio: 0.54%
Misc:
  • Average Volume: 303,981 shs.
  • Beta: 2.11
  • Short Ratio: 3.84
 

Frequently Asked Questions for Bojangles (NASDAQ:BOJA)

What is Bojangles' stock symbol?

Bojangles trades on the NASDAQ under the ticker symbol "BOJA."

How were Bojangles' earnings last quarter?

Bojangles Inc (NASDAQ:BOJA) announced its earnings results on Tuesday, May, 2nd. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.03. The company earned $131.50 million during the quarter, compared to analyst estimates of $132.83 million. Bojangles had a net margin of 6.86% and a return on equity of 19.49%. View Bojangles' Earnings History.

What guidance has Bojangles issued on next quarter's earnings?

Bojangles updated its FY17 earnings guidance on Tuesday, March, 7th. The company provided earnings per share (EPS) guidance of 0.87-0.93 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.01. The company issued revenue guidance of 560-569, compared to the consensus revenue estimate of $588.43 million.

Where is Bojangles' stock going? Where will Bojangles' stock price be in 2017?

9 equities research analysts have issued 1 year price targets for Bojangles' shares. Their predictions range from $16.00 to $23.00. On average, they anticipate Bojangles' stock price to reach $20.13 in the next year. View Analyst Ratings for Bojangles.

What are analysts saying about Bojangles stock?

Here are some recent quotes from research analysts about Bojangles stock:

  • 1. According to Zacks Investment Research, "Bojangles, Inc. is engaged in owning and operating restaurants. Bojangles', Inc. is based in North Carolina. " (5/9/2017)
  • 2. Wells Fargo & Co analysts commented, "A strong finish to 2016 will be overshadowed by a weak start to 2017 and what we view as conservative guidance for the year ahead, in our view. BOJA reported 4Q16 EPS of $0.28, well ahead of the $0.21 Street estimate on the back of better than expected system same-store sales (SSS) of +2.4% (vs. the Street's +1.1% estimate). EPS upside was driven by 120bps of yr/yr COGS favorability and store operating expense leverage of 30bps yr/yr (vs. our expectation for 60bps of pressure). Including 4Q, BOJA has delivered EPS upside in each of the last eight quarters, but that trend looks to cease in 2017 as BOJA issued guidance that fell below Street expectations across the board (including EPS of $0.87-$0.93, or down 7-13% yr/yr) despite the benefit of the extra week (about $0.02) due to a significant downdraft in SSS starting in February (a recurring industry theme). While we think this guidance may prove conservative (particularly given the recent improvement in trends over the past 2 weeks) we remain on the sidelines as BOJA battles through a weaker start to the year while facing an increasingly promotional quick service environment and mounting labor cost pressures in 2017. We are lowering our 2017E EPS to $0.89 from $1.02, our 2018E EPS to $0.98 from $1.11, and raising our valuation range to $16-$18 from $15-17 as we roll forward to 2018 estimates." (3/8/2017)

Who are some of Bojangles' key competitors?

When did Bojangles IPO?

(BOJA) raised $101 million in an initial public offering (IPO) on Friday, May 8th 2015. The company issued 6,300,000 shares at a price of $15.00-$17.00 per share. BofA Merrill Lynch, Wells Fargo Securities and Jefferies served as the underwriters for the IPO and Barclays, Goldman Sachs, Piper Jaffray, William Blair, KeyBanc Capital Markets, RBC Capital Markets, Stephens and SunTrust Robinson Humphrey were co-managers.

Who owns Bojangles stock?

Bojangles' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Advent International Corp MA (51.48%), FMR LLC (7.38%), Vanguard Group Inc. (3.40%), Tributary Capital Management LLC (2.14%), Ranger Investment Management L.P. (2.10%) and Frontier Capital Management Co. LLC (1.21%). Company insiders that own Bojangles stock include Eric Mcgrew Newman, International Corp/Ma Advent, Kenneth E Avery, M John Jordan, Steven J Collins and William A Kussell. View Institutional Ownership Trends for Bojangles.

Who sold Bojangles stock? Who is selling Bojangles stock?

Bojangles' stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Renaissance Technologies LLC, Monashee Investment Management LLC, Skylands Capital LLC, Oxford Asset Management, Russell Investments Group Ltd., Morgan Stanley and Tudor Investment Corp ET AL. Company insiders that have sold Bojangles stock in the last year include Eric Mcgrew Newman, International Corp/Ma Advent, Kenneth E Avery, M John Jordan, Steven J Collins and William A Kussell. View Insider Buying and Selling for Bojangles.

Who bought Bojangles stock? Who is buying Bojangles stock?

Bojangles' stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Ranger Investment Management L.P., Goldman Sachs Group Inc., Dimensional Fund Advisors LP, Tributary Capital Management LLC, Pier Capital LLC, Rice Hall James & Associates LLC and Vanguard Group Inc.. View Insider Buying and Selling for Bojangles.

How do I buy Bojangles stock?

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

How much does a share of Bojangles stock cost?

One share of Bojangles stock can currently be purchased for approximately $17.50.

Analyst Ratings

Consensus Ratings for Bojangles (NASDAQ:BOJA) (?)
Ratings Breakdown: 4 Hold Ratings, 3 Buy Ratings, 2 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.78)
Consensus Price Target: $20.13 (15.00% upside)

Analysts' Ratings History for Bojangles (NASDAQ:BOJA)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/12/2017Jefferies Group LLCReiterated RatingBuy$23.00LowView Rating Details
3/14/2017Cowen and CompanyInitiated CoverageOutperform$23.00LowView Rating Details
3/8/2017Barclays PLCReiterated RatingEqual Weight -> Equal Weight$20.00 -> $19.00MediumView Rating Details
3/8/2017Wells Fargo & CoBoost Price TargetMarket Perform$16.00 -> $17.00HighView Rating Details
3/8/2017Royal Bank of CanadaReiterated RatingSector Perform -> Sector Perform$21.00 -> $20.00LowView Rating Details
9/26/2016KeyCorpLower Price TargetOverweight$30.00 -> $22.00N/AView Rating Details
9/20/2016Craig HallumInitiated CoverageStrong-BuyN/AView Rating Details
9/19/2016CL KingInitiated CoverageStrong-Buy$21.00N/AView Rating Details
8/11/2016Piper Jaffray CompaniesReiterated RatingNeutral$17.00 -> $16.00N/AView Rating Details
5/6/2016Bank of America CorpReiterated RatingBuyN/AView Rating Details
5/6/2016StephensReiterated RatingOverweight$20.00 -> $22.00N/AView Rating Details
3/13/2016Goldman Sachs Group IncLower Price TargetNeutral$20.00 -> $18.00N/AView Rating Details
3/12/2016SidotiUpgradeEqual Weight -> OverweightN/AView Rating Details
7/28/2015SunTrust Banks, Inc.UpgradeNeutral -> Buy$28.00N/AView Rating Details
6/2/2015William BlairInitiated CoverageOutperformN/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Bojangles (NASDAQ:BOJA)
Earnings by Quarter for Bojangles (NASDAQ:BOJA)
Earnings History by Quarter for Bojangles (NASDAQ:BOJA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/2/2017Q1 2017$0.17$0.20$132.83 million$131.50 millionViewListenView Earnings Details
3/7/2017Q4 2016$0.21$0.28$140.32 million$139.40 millionViewListenView Earnings Details
11/3/2016Q3$0.21$0.25$132.59 million$133.20 millionViewListenView Earnings Details
8/8/2016Q2$0.23$0.27$132.77 million$131.60 millionViewListenView Earnings Details
5/5/2016Q116$0.18$0.21$126.07 million$127.70 millionViewListenView Earnings Details
3/10/2016Q415$0.19$0.22$127.85 million$128.80 millionViewListenView Earnings Details
11/4/2015Q3$0.18$0.23$122.22 million$124.25 millionViewListenView Earnings Details
8/6/2015Q2$0.16$0.21$120.32 million$120.50 millionViewListenView Earnings Details
6/11/2015Q115$0.15$0.17$114.48 million$96.20 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Bojangles (NASDAQ:BOJA)
2017 EPS Consensus Estimate: $0.92
2018 EPS Consensus Estimate: $1.10
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.16$0.17$0.17
Q2 20174$0.22$0.24$0.23
Q3 20174$0.21$0.25$0.23
Q4 20174$0.26$0.33$0.30
Q1 20181$0.23$0.23$0.23
Q2 20181$0.26$0.26$0.26
Q3 20181$0.29$0.29$0.29
Q4 20181$0.32$0.32$0.32
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Bojangles (NASDAQ:BOJA)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Bojangles (NASDAQ:BOJA)
Insider Ownership Percentage: 74.40%
Institutional Ownership Percentage: 87.56%
Insider Trades by Quarter for Bojangles (NASDAQ:BOJA)
Institutional Ownership by Quarter for Bojangles (NASDAQ:BOJA)
Insider Trades by Quarter for Bojangles (NASDAQ:BOJA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/9/2017M John JordanVPSell56,289$17.84$1,004,195.76View SEC Filing  
12/6/2016International Corp/Ma AdventMajor ShareholderSell6,616,889$16.39$108,450,810.71View SEC Filing  
12/6/2016Steven J CollinsDirectorSell111,164$16.39$1,821,977.96View SEC Filing  
8/17/2016William A KussellDirectorSell25,000$16.73$418,250.00View SEC Filing  
8/8/2016Eric Mcgrew NewmanVPSell29,125$18.27$532,113.75View SEC Filing  
8/8/2016Kenneth E AveryInsiderSell4,521$18.50$83,638.50View SEC Filing  
7/25/2016Eric Mcgrew NewmanVPSell875$18.20$15,925.00View SEC Filing  
6/6/2016Kenneth E AveryCOOSell10,000$18.00$180,000.00View SEC Filing  
6/3/2016Eric Mcgrew NewmanVPSell17,200$17.68$304,096.00View SEC Filing  
5/31/2016Eric Mcgrew NewmanVPSell7,500$17.20$129,000.00View SEC Filing  
5/31/2016Kenneth E AveryCOOSell5,000$17.20$86,000.00View SEC Filing  
5/25/2016M John JordanCFOSell19,519$17.25$336,702.75View SEC Filing  
5/17/2016Eric Mcgrew NewmanVPSell9,387$17.04$159,954.48View SEC Filing  
5/16/2016M John JordanCFOSell50,000$17.15$857,500.00View SEC Filing  
5/11/2016Eric Mcgrew NewmanVPSell10,300$17.58$181,074.00View SEC Filing  
5/6/2016Eric Mcgrew NewmanVPSell3,713$19.00$70,547.00View SEC Filing  
11/18/2015Kenneth E. AveryCOOSell10,000$17.23$172,300.00View SEC Filing  
5/13/2015Eric Mcgrew NewmanVPSell3,905$19.00$74,195.00View SEC Filing  
5/13/2015James R KiblerChairmanSell51,642$19.00$981,198.00View SEC Filing  
5/13/2015Tommy L HaddockDirectorSell206,558$19.00$3,924,602.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Bojangles (NASDAQ:BOJA)
Latest Headlines for Bojangles (NASDAQ:BOJA)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Bojangles’, Inc. : May 22, 2017
finance.yahoo.com - May 22 at 3:56 PM
bizjournals.com logoBojangles' is planning a D.C.-area expansion
www.bizjournals.com - May 17 at 4:01 PM
americanbankingnews.com logoTheStreet Upgrades Bojangles Inc (BOJA) to B-
www.americanbankingnews.com - May 13 at 4:36 PM
americanbankingnews.com logoM John Jordan Sells 56,289 Shares of Bojangles Inc (BOJA) Stock
www.americanbankingnews.com - May 10 at 10:45 PM
finance.yahoo.com logoETFs with exposure to Bojangles’, Inc. : May 9, 2017
finance.yahoo.com - May 9 at 9:02 PM
americanbankingnews.com logoBojangles Inc (BOJA) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 9 at 4:38 PM
businesswire.com logoBojangles'® Targets Northern Expansion into Delaware and Eastern Shore of Maryland - Business Wire (press release)
www.businesswire.com - May 9 at 4:01 PM
finance.yahoo.com logoBojangles’® Targets Northern Expansion into Delaware and Eastern Shore of Maryland
finance.yahoo.com - May 9 at 4:01 PM
americanbankingnews.com logoBojangles Inc (BOJA) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 9 at 9:02 AM
finance.yahoo.com logoBojangles’, Inc. :BOJA-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 3:53 PM
finance.yahoo.com logoBojangles’, Inc. – Value Analysis (NASDAQ:BOJA) : May 5, 2017
finance.yahoo.com - May 5 at 9:02 PM
americanbankingnews.com logoJefferies Group Equities Analysts Reduce Earnings Estimates for Bojangles Inc (BOJA)
www.americanbankingnews.com - May 5 at 4:17 PM
americanbankingnews.com logoBojangles Inc to Post Q2 2017 Earnings of $0.22 Per Share, SunTrust Banks Forecasts (BOJA)
www.americanbankingnews.com - May 5 at 9:54 AM
finance.yahoo.com logoBojangles’, Inc. breached its 50 day moving average in a Bearish Manner : BOJA-US : May 4, 2017
finance.yahoo.com - May 4 at 4:08 PM
finance.yahoo.com logoBojangles’, Inc. breached its 50 day moving average in a Bearish Manner : BOJA-US : May 4, 2017
finance.yahoo.com - May 4 at 4:08 PM
americanbankingnews.com logoSunTrust Banks Research Analysts Lower Earnings Estimates for Bojangles Inc (BOJA)
www.americanbankingnews.com - May 4 at 10:34 AM
americanbankingnews.com logoJefferies Group Weighs in on Bojangles Inc's Q2 2017 Earnings (BOJA)
www.americanbankingnews.com - May 4 at 9:19 AM
americanbankingnews.com logoWilliam Blair Comments on Bojangles Inc's Q2 2017 Earnings (BOJA)
www.americanbankingnews.com - May 4 at 9:18 AM
americanbankingnews.com logoKeyCorp Comments on Bojangles Inc's Q2 2017 Earnings (BOJA)
www.americanbankingnews.com - May 4 at 9:18 AM
americanbankingnews.com logoBojangles (BOJA) Given Daily News Sentiment Score of 0.08
www.americanbankingnews.com - May 4 at 8:02 AM
globenewswire.com logoBojangles'® Names New Vice President and Chief of Staff - GlobeNewswire (press release)
globenewswire.com - May 3 at 9:05 PM
fool.com logoWhy Bojangles', Inc. Stock Is Getting Cut Today - Motley Fool
www.fool.com - May 3 at 9:04 PM
seekingalpha.com logoBojangles' (BOJA) CEO Clifton Rutledge on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 4:02 PM
finance.yahoo.com logoWhy Bojangles', Inc. Stock Is Getting Cut Today
finance.yahoo.com - May 3 at 4:02 PM
americanbankingnews.com logoBojangles Inc (BOJA) Posts Earnings Results
www.americanbankingnews.com - May 3 at 2:30 PM
reuters.com logoBRIEF-Bojangles' reports Q1 adjusted earnings per share $0.20
www.reuters.com - May 2 at 7:40 PM
finance.yahoo.com logoInvestor Network: Bojangles', Inc. to Host Earnings Call
finance.yahoo.com - May 2 at 7:40 PM
finance.yahoo.com logoBojangles tops 1Q profit forecasts
finance.yahoo.com - May 2 at 7:40 PM
finance.yahoo.com logoThese 5 Major Fast Food Restaurants Are About to Be Whacked by Soaring Chicken Prices
finance.yahoo.com - May 1 at 3:59 PM
finance.yahoo.com logoBojangles'® Names New Vice President and Chief of Staff
finance.yahoo.com - May 1 at 9:10 AM
americanbankingnews.com logoBojangles Inc (BOJA) Set to Announce Quarterly Earnings on Tuesday
www.americanbankingnews.com - April 30 at 7:20 AM
americanbankingnews.com logo Analysts Anticipate Bojangles Inc (BOJA) Will Post Quarterly Sales of $132.83 Million
www.americanbankingnews.com - April 29 at 7:56 AM
bizjournals.com logoFamily Business Awards: Meet the finalists
www.bizjournals.com - April 28 at 4:56 PM
americanbankingnews.com logoZacks: Analysts Anticipate Bojangles Inc (BOJA) Will Announce Earnings of $0.17 Per Share
www.americanbankingnews.com - April 28 at 12:48 AM
businesswire.com logoBojangles'® Signs New Restaurant Development Agreement for Washington, D.C. Metro Area - Business Wire (press release)
www.businesswire.com - April 27 at 4:22 PM
americanbankingnews.com logoBojangles (BOJA) Getting Somewhat Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 26 at 10:14 PM
finance.yahoo.com logoBojangles’® Signs New Restaurant Development Agreement for Washington, D.C. Metro Area
finance.yahoo.com - April 26 at 6:50 PM
finance.yahoo.com logoBojangles'® Introduces All-New Masterpiece, the Chicken ... - Yahoo Finance
finance.yahoo.com - April 25 at 3:54 PM
finance.yahoo.com logoBojangles’® Introduces All-New Masterpiece, the Chicken Supremes™ Sandwich
finance.yahoo.com - April 24 at 10:02 AM
americanbankingnews.com logoResearch Analysts Offer Predictions for Bojangles Inc's Q1 2017 Earnings (BOJA)
www.americanbankingnews.com - April 24 at 7:33 AM
americanbankingnews.com logoBojangles (BOJA) Receiving Somewhat Negative Media Coverage, Report Shows
www.americanbankingnews.com - April 23 at 1:23 PM
americanbankingnews.com logoResearch Analysts Issue Forecasts for Bojangles Inc's Q2 2017 Earnings (BOJA)
www.americanbankingnews.com - April 21 at 10:33 AM
americanbankingnews.com logoBojangles (BOJA) Earns News Impact Rating of -0.22
www.americanbankingnews.com - April 20 at 8:53 AM
americanbankingnews.com logoBojangles Inc (BOJA) Rating Reiterated by Jefferies Group LLC
www.americanbankingnews.com - April 18 at 7:27 AM
americanbankingnews.com logoBojangles (BOJA) Receiving Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 17 at 2:10 PM
finance.yahoo.com logoBojangles’, Inc. breached its 50 day moving average in a Bearish Manner : BOJA-US : April 14, 2017
finance.yahoo.com - April 14 at 11:09 AM
americanbankingnews.com logoBojangles Inc (BOJA) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - April 14 at 10:00 AM
nasdaq.com logoBojangles', Inc. Appoints Mark A. Rowan to Board of Directors ... - Nasdaq
www.nasdaq.com - April 13 at 5:04 AM
News IconBRIEF-Bojangles' Inc appoints Mark A. Rowan to board
www.businessinsider.com - April 12 at 8:59 PM
finance.yahoo.com logoBojangles’, Inc. Appoints Mark A. Rowan to Board of Directors
finance.yahoo.com - April 12 at 8:59 PM

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Bojangles (BOJA) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff