Media headlines about BJ’s Restaurants (NASDAQ:BJRI) have been trending somewhat positive on Saturday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. BJ’s Restaurants earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the restaurant operator an impact score of 45.7620570478612 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
A number of research analysts recently commented on the company. Stifel Nicolaus upgraded BJ’s Restaurants from a “hold” rating to a “buy” rating and upped their price objective for the company from $32.00 to $44.00 in a report on Wednesday, January 3rd. Canaccord Genuity restated a “buy” rating and set a $50.00 price target (up from $45.00) on shares of BJ’s Restaurants in a research note on Friday, February 23rd. Wedbush upgraded BJ’s Restaurants from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $37.00 to $44.00 in a research note on Thursday, February 15th. Barclays upped their price target on BJ’s Restaurants from $30.00 to $31.00 and gave the stock an “underweight” rating in a research note on Wednesday, January 24th. Finally, Zacks Investment Research upgraded BJ’s Restaurants from a “sell” rating to a “hold” rating in a research note on Thursday, January 4th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $40.56.
NASDAQ:BJRI opened at $45.05 on Friday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.41 and a current ratio of 0.49. BJ’s Restaurants has a 52 week low of $28.00 and a 52 week high of $47.55. The firm has a market cap of $933.97, a price-to-earnings ratio of 31.85, a PEG ratio of 1.67 and a beta of 0.74.
BJ’s Restaurants (NASDAQ:BJRI) last released its quarterly earnings results on Thursday, February 22nd. The restaurant operator reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05. BJ’s Restaurants had a return on equity of 12.07% and a net margin of 4.34%. The company had revenue of $261.10 million for the quarter, compared to analysts’ expectations of $259.34 million. During the same period in the prior year, the firm earned $0.52 earnings per share. The firm’s revenue was down 1.7% compared to the same quarter last year. analysts anticipate that BJ’s Restaurants will post 1.79 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 27th. Stockholders of record on Tuesday, March 13th were given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date was Monday, March 12th. BJ’s Restaurants’s dividend payout ratio is currently 15.60%.
In other news, Director Gerald W. Deitchle sold 161,703 shares of the company’s stock in a transaction on Thursday, March 1st. The stock was sold at an average price of $43.55, for a total transaction of $7,042,165.65. Following the sale, the director now owns 80,548 shares of the company’s stock, valued at $3,507,865.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian S. Krakower sold 5,504 shares of the company’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $44.21, for a total value of $243,331.84. Following the sale, the insider now directly owns 3,318 shares in the company, valued at approximately $146,688.78. The disclosure for this sale can be found here. Insiders have sold 170,867 shares of company stock worth $7,447,599 in the last ninety days. Corporate insiders own 6.80% of the company’s stock.
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About BJ’s Restaurants
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 February 26, 2018, the company owned and operated 197 casual dining restaurants located in the 26 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, South Carolina, Tennessee, Texas, Virginia, and Washington.
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