BJ’s Restaurants, Inc. (NASDAQ:BJRI) insider Brian S. Krakower sold 1,536 shares of the business’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $37.82, for a total transaction of $58,091.52. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
BJ’s Restaurants stock opened at $36.86 on Wednesday. The company has a debt-to-equity ratio of 2.08, a current ratio of 0.38 and a quick ratio of 0.31. The stock has a market cap of $709.69 million, a price-to-earnings ratio of 15.69, a price-to-earnings-growth ratio of 1.37 and a beta of 0.82. The firm has a 50-day moving average of $39.96 and a two-hundred day moving average of $39.54. BJ’s Restaurants, Inc. has a 1 year low of $32.62 and a 1 year high of $56.50.
BJ’s Restaurants (NASDAQ:BJRI) last issued its earnings results on Thursday, October 24th. The restaurant operator reported $0.18 EPS for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.08. BJ’s Restaurants had a net margin of 3.60% and a return on equity of 13.38%. The business had revenue of $278.74 million for the quarter, compared to analyst estimates of $278.49 million. During the same period last year, the company posted $0.39 earnings per share. The company’s quarterly revenue was up 3.1% compared to the same quarter last year. Research analysts expect that BJ’s Restaurants, Inc. will post 1.91 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Monday, November 11th were issued a $0.13 dividend. This is a positive change from BJ’s Restaurants’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.41%. BJ’s Restaurants’s payout ratio is presently 22.13%.
Large investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC purchased a new position in BJ’s Restaurants during the 3rd quarter worth $80,000. Quantum Capital Management bought a new stake in BJ’s Restaurants during the 3rd quarter valued at $82,000. Aperio Group LLC purchased a new stake in shares of BJ’s Restaurants in the 2nd quarter worth $135,000. Campbell & CO Investment Adviser LLC purchased a new stake in shares of BJ’s Restaurants in the 3rd quarter worth $210,000. Finally, Menta Capital LLC purchased a new stake in shares of BJ’s Restaurants in the 2nd quarter worth $268,000. 98.42% of the stock is currently owned by institutional investors.
A number of analysts recently weighed in on the stock. Deutsche Bank lowered shares of BJ’s Restaurants from a “buy” rating to a “hold” rating and set a $44.00 price objective on the stock. in a research report on Monday, October 28th. Stephens set a $50.00 target price on BJ’s Restaurants and gave the company a “buy” rating in a research note on Friday, October 25th. TheStreet downgraded BJ’s Restaurants from a “b-” rating to a “c+” rating in a report on Thursday, October 10th. BidaskClub downgraded BJ’s Restaurants from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, Morgan Stanley set a $38.00 price target on BJ’s Restaurants and gave the stock a “hold” rating in a research note on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company’s stock. BJ’s Restaurants currently has a consensus rating of “Hold” and an average target price of $47.40.
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. As of April 16, 2019, the company owned and operated 204 casual dining restaurants that offer dine-in, take-out, delivery, and party catering services in 27 states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, and Washington.
Further Reading: Risk Tolerance
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