Key Points
- Insider purchases: Director C. Bradford Richmond bought 1,000 shares on March 12 at $34.05, raising his stake to 18,700 shares (a 5.65% increase); together with purchases on March 3 and March 6, March insider buys total 3,200 shares (~$110,670).
- Recent results and valuation: BJ’s beat quarterly estimates with EPS of $0.66 versus $0.60 and revenue of $355.4M, and the company trades at about $712M market cap with a P/E of 15.6 and a 52‑week range of $28.46–$47.02.
- Mixed analyst and institutional signals: Some analysts raised targets (Benchmark $48, Citi $49) but the MarketBeat consensus is a "Hold" with a $42.38 target, while institutional ownership is ~99.95% and several funds recently increased positions.
BJ's Restaurants, Inc. (NASDAQ:BJRI - Get Free Report) Director C Bradford Richmond purchased 1,000 shares of the company's stock in a transaction dated Thursday, March 12th. The shares were purchased at an average cost of $34.05 per share, for a total transaction of $34,050.00. Following the transaction, the director directly owned 18,700 shares in the company, valued at approximately $636,735. The trade was a 5.65% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.
C Bradford Richmond also recently made the following trade(s):
- On Friday, March 6th, C Bradford Richmond purchased 1,000 shares of BJ's Restaurants stock. The stock was acquired at an average cost of $34.50 per share, for a total transaction of $34,500.00.
- On Tuesday, March 3rd, C Bradford Richmond acquired 1,200 shares of BJ's Restaurants stock. The stock was acquired at an average price of $35.10 per share, with a total value of $42,120.00.
BJ's Restaurants Price Performance
NASDAQ BJRI traded down $0.16 during trading hours on Friday, hitting $33.57. The company had a trading volume of 314,019 shares, compared to its average volume of 365,731. The firm has a 50 day simple moving average of $41.34 and a 200 day simple moving average of $36.96. BJ's Restaurants, Inc. has a 52 week low of $28.46 and a 52 week high of $47.02. The firm has a market capitalization of $711.60 million, a price-to-earnings ratio of 15.59, a PEG ratio of 1.13 and a beta of 1.32. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.33 and a current ratio of 0.40.
BJ's Restaurants (NASDAQ:BJRI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The restaurant operator reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.06. The company had revenue of $355.40 million during the quarter, compared to analyst estimates of $353.71 million. BJ's Restaurants had a return on equity of 13.82% and a net margin of 3.49%.The firm's quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the company earned $0.47 earnings per share. Equities research analysts expect that BJ's Restaurants, Inc. will post 1.5 earnings per share for the current year.
Hedge Funds Weigh In On BJ's Restaurants
Several hedge funds and other institutional investors have recently modified their holdings of the company. AQR Capital Management LLC increased its position in BJ's Restaurants by 15.6% during the first quarter. AQR Capital Management LLC now owns 37,189 shares of the restaurant operator's stock valued at $1,274,000 after acquiring an additional 5,013 shares during the last quarter. Caxton Associates LLP purchased a new stake in shares of BJ's Restaurants during the 1st quarter valued at about $291,000. Campbell & CO Investment Adviser LLC bought a new position in shares of BJ's Restaurants in the 2nd quarter worth approximately $1,167,000. ProShare Advisors LLC purchased a new position in shares of BJ's Restaurants in the second quarter worth approximately $214,000. Finally, Geode Capital Management LLC grew its position in BJ's Restaurants by 5.2% during the second quarter. Geode Capital Management LLC now owns 523,687 shares of the restaurant operator's stock valued at $23,359,000 after buying an additional 25,892 shares during the period. 99.95% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts recently commented on the company. Benchmark upped their target price on BJ's Restaurants from $44.00 to $48.00 and gave the company a "buy" rating in a report on Thursday, February 26th. Weiss Ratings reissued a "hold (c-)" rating on shares of BJ's Restaurants in a research report on Monday, December 29th. Barclays lifted their price objective on BJ's Restaurants from $39.00 to $42.00 and gave the company an "underweight" rating in a research note on Thursday, February 26th. DA Davidson initiated coverage on shares of BJ's Restaurants in a research note on Friday, March 6th. They set a "neutral" rating and a $38.00 price objective for the company. Finally, Citigroup increased their price target on shares of BJ's Restaurants from $45.00 to $49.00 and gave the company a "neutral" rating in a report on Thursday, February 26th. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $42.38.
Check Out Our Latest Research Report on BJRI
More BJ's Restaurants News
Here are the key news stories impacting BJ's Restaurants this week:
- Positive Sentiment: Company director C. Bradford Richmond purchased 1,000 shares at about $34.05 (increasing his holding to 18,700 shares), a signal of insider confidence that can support the share price. Insider Purchase Filing
- Neutral Sentiment: BJ’s launched a limited‑time “Monster Pizookie®” promotion starting March 12 — a marketing/traffic driver that could modestly boost sales and guest counts if it resonates with customers. Monster Pizookie Press Release
- Neutral Sentiment: Recent short‑interest data reported anomalous values (showing 0 shares / NaN changes and a 0.0 days‑to‑cover ratio). This appears to be a data/reporting issue and is unlikely to be a meaningful market driver until corrected. Short Interest Report
- Negative Sentiment: Zacks Research cut several near‑term and medium‑term EPS estimates (Q1–Q4 2026, Q1–Q3 2027 and FY2027/FY2028) and lowered FY2026 guidance to $2.18 from $2.24; Q3 2026 was flagged at just $0.03 EPS. Broad, across‑the‑board downward revisions increase investor uncertainty on earnings momentum and are a headwind for the stock. Zacks Estimate Revisions
About BJ's Restaurants
(
Get Free Report)
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.
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