Zacks Research Lifts Earnings Estimates for BJ’s Restaurants

BJ’s Restaurants, Inc. (NASDAQ:BJRI) – Equities researchers at Zacks Research raised their Q3 2026 earnings per share estimates for BJ’s Restaurants in a note issued to investors on Thursday, August 13th. Zacks Research analyst Team now expects that the restaurant operator will earn $0.15 per share for the quarter, up from their previous forecast of $0.06. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for BJ’s Restaurants’ current full-year earnings is $2.37 per share.

BJ’s Restaurants (NASDAQ:BJRI) last released its quarterly earnings data on Thursday, July 30th. The restaurant operator reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. BJ’s Restaurants had a return on equity of 12.93% and a net margin of 2.86%.The company had revenue of $388.89 million during the quarter, compared to analysts’ expectations of $377.07 million. During the same period last year, the firm posted $0.97 earnings per share. The business’s revenue was up 6.4% on a year-over-year basis.

BJRI has been the subject of a number of other reports. Mizuho set a $74.00 price objective on shares of BJ’s Restaurants in a research report on Friday, July 31st. DA Davidson set a $65.00 price objective on shares of BJ’s Restaurants in a research report on Friday, July 31st. Citigroup raised their target price on shares of BJ’s Restaurants from $68.00 to $75.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. William Blair raised shares of BJ’s Restaurants from a “market perform” rating to an “outperform” rating in a report on Friday, July 17th. Finally, Barclays decreased their price target on shares of BJ’s Restaurants from $42.00 to $38.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $56.88.

BJ’s Restaurants Stock Down 2.5%

BJRI stock opened at $66.27 on Monday. The business’s 50 day simple moving average is $61.85 and its 200 day simple moving average is $47.49. BJ’s Restaurants has a 1-year low of $28.46 and a 1-year high of $74.60. The firm has a market capitalization of $1.41 billion, a PE ratio of 35.44, a PEG ratio of 2.05 and a beta of 1.31. The company has a current ratio of 0.29, a quick ratio of 0.22 and a debt-to-equity ratio of 0.11.

Insiders Place Their Bets

In other BJ’s Restaurants news, Director Noah A. Elbogen sold 7,535 shares of the stock in a transaction on Monday, August 10th. The stock was sold at an average price of $70.14, for a total transaction of $528,504.90. Following the transaction, the director owned 71,655 shares in the company, valued at $5,025,881.70. This trade represents a 9.52% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Gregory S. Lynds sold 21,704 shares of BJ’s Restaurants stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $68.81, for a total value of $1,493,452.24. Following the sale, the executive vice president directly owned 24,770 shares of the company’s stock, valued at $1,704,423.70. This represents a 46.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 131,601 shares of company stock worth $8,033,014 over the last three months. 2.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BJ’s Restaurants

A number of institutional investors have recently modified their holdings of BJRI. Public Employees Retirement System of Ohio bought a new position in BJ’s Restaurants during the second quarter worth about $28,000. Bank of America Corp DE acquired a new stake in BJ’s Restaurants in the 2nd quarter worth about $9,476,000. Jupiter Topco LLC bought a new stake in BJ’s Restaurants in the 2nd quarter valued at about $326,000. Meros Investment Management LP bought a new stake in BJ’s Restaurants in the 2nd quarter valued at about $8,715,047,000. Finally, Hsbc Holdings PLC acquired a new position in shares of BJ’s Restaurants during the 2nd quarter worth approximately $294,000. Institutional investors own 99.95% of the company’s stock.

BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc is a publicly traded casual dining chain known for its deep‐dish pizzas, California‐style thin crust offerings and in‐house craft beer selections. Operating under the BJ’s Restaurant & Brewhouse brand, the company combines a microbrewery concept with full‐service dining, offering an extensive menu that includes appetizers, salads, pasta dishes, sandwiches and the signature Pizookie dessert.

Founded in 1978 in Orange County, California, BJ’s Restaurants began as BJ’s Chicago Pizzeria, bringing a Chicago‐style pizza experience to the West Coast.