Zacks Research Brokers Increase Earnings Estimates for BJRI

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Equities researchers at Zacks Research raised their Q1 2025 EPS estimates for shares of BJ’s Restaurants in a note issued to investors on Thursday, March 6th. Zacks Research analyst H. Ray now forecasts that the restaurant operator will earn $0.39 per share for the quarter, up from their prior forecast of $0.38. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $1.50 per share. Zacks Research also issued estimates for BJ’s Restaurants’ Q2 2025 earnings at $0.61 EPS, Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.48 EPS, FY2025 earnings at $1.59 EPS, Q1 2026 earnings at $0.50 EPS, Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $0.23 EPS, Q4 2026 earnings at $0.52 EPS, FY2026 earnings at $1.94 EPS and FY2027 earnings at $2.35 EPS.

Several other equities analysts have also recently issued reports on BJRI. Gordon Haskett upgraded shares of BJ’s Restaurants from an “underperform” rating to a “hold” rating and set a $36.00 target price on the stock in a research note on Wednesday, January 8th. 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 research note on Friday, February 21st. Barclays upped their target price on shares of BJ’s Restaurants from $34.00 to $37.00 and gave the company an “underweight” rating in a research note on Friday, February 21st. Finally, Oppenheimer cut shares of BJ’s Restaurants from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $40.40.

BJ’s Restaurants Price Performance

BJRI opened at $35.93 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.28 and a current ratio of 0.04. The stock has a market capitalization of $816.26 million, a P/E ratio of 52.84, a P/E/G ratio of 1.81 and a beta of 2.10. The company’s 50-day simple moving average is $35.88 and its two-hundred day simple moving average is $34.73. BJ’s Restaurants has a 52-week low of $27.61 and a 52-week high of $41.72.

BJ’s Restaurants (NASDAQ:BJRI) last announced its quarterly earnings results on Thursday, February 20th. The restaurant operator reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.12. The company had revenue of $344.34 million for 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%.

Hedge Funds Weigh In On BJ’s Restaurants

Several institutional investors have recently made changes to their positions in BJRI. New York State Teachers Retirement System lifted its stake in shares of BJ’s Restaurants by 15.0% in the 3rd quarter. New York State Teachers Retirement System now owns 34,097 shares of the restaurant operator’s stock worth $1,110,000 after purchasing an additional 4,440 shares during the period. US Bancorp DE lifted its stake in shares of BJ’s Restaurants by 142.9% in the 3rd quarter. US Bancorp DE now owns 1,540 shares of the restaurant operator’s stock worth $50,000 after purchasing an additional 906 shares during the period. Olympiad Research LP bought a new position in shares of BJ’s Restaurants in the 3rd quarter worth approximately $469,000. Aigen Investment Management LP bought a new position in shares of BJ’s Restaurants in the 3rd quarter worth approximately $323,000. Finally, Victory Capital Management Inc. increased its holdings in BJ’s Restaurants by 4.9% in the 3rd quarter. Victory Capital Management Inc. now owns 73,285 shares of the restaurant operator’s stock worth $2,386,000 after acquiring an additional 3,426 shares in the last quarter. Institutional investors own 99.95% of the company’s stock.

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.