Somewhat Positive News Coverage Somewhat Unlikely to Impact BJ’s Restaurants (BJRI) Share Price
Headlines about BJ’s Restaurants (NASDAQ:BJRI) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. BJ’s Restaurants earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the restaurant operator an impact score of 46.2104613915114 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- Interesting BJRI Put And Call Options For July 2018 (thestreet.com)
- BJ’s Restaurants announces the opening of its restaurant in Bowie, Maryland (eprretailnews.com)
- BJ Restaurants : Opens in Bowie, Maryland (4-traders.com)
- BJ’s Restaurants (BJRI) Opens its Fifth Outlet in Maryland (finance.yahoo.com)
- BJ’s Restaurants (BJRI) Opens its Fifth Outlet in Maryland – Nasdaq (nasdaq.com)
BJ’s Restaurants (NASDAQ BJRI) opened at $33.67 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.56 and a debt-to-equity ratio of 0.79. The stock has a market cap of $701.53, a PE ratio of 21.12, a price-to-earnings-growth ratio of 1.61 and a beta of 0.92. BJ’s Restaurants has a twelve month low of $28.00 and a twelve month high of $47.55.
BJ’s Restaurants (NASDAQ:BJRI) last issued its earnings results on Thursday, October 26th. The restaurant operator reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by ($0.09). The firm had revenue of $247.00 million during the quarter, compared to analysts’ expectations of $248.73 million. BJ’s Restaurants had a return on equity of 13.85% and a net margin of 3.30%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm posted $0.30 earnings per share. sell-side analysts predict that BJ’s Restaurants will post 1.39 EPS for the current fiscal year.
The company also recently announced a special dividend, which will be paid on Monday, December 4th. Shareholders of record on Monday, November 13th will be issued a $0.11 dividend. The ex-dividend date of this dividend is Friday, November 10th. BJ’s Restaurants’s dividend payout ratio (DPR) is presently 7.24%.
Several equities research analysts recently commented on BJRI shares. Zacks Investment Research lowered shares of BJ’s Restaurants from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Barclays PLC dropped their price objective on shares of BJ’s Restaurants from $30.00 to $29.00 and set an “underweight” rating on the stock in a research note on Wednesday, October 18th. Wells Fargo & Company dropped their price objective on shares of BJ’s Restaurants from $35.00 to $30.00 and set a “market perform” rating on the stock in a research note on Wednesday, October 18th. Canaccord Genuity reissued a “buy” rating and set a $42.00 price objective on shares of BJ’s Restaurants in a research note on Friday, July 28th. Finally, Stifel Nicolaus started coverage on shares of BJ’s Restaurants in a research note on Monday, October 2nd. They set a “hold” rating and a $32.00 price objective on the stock. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $36.89.
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In other BJ’s Restaurants news, Director Patrick Walsh sold 37,764 shares of BJ’s Restaurants stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $31.59, for a total value of $1,192,964.76. Following the completion of the transaction, the director now directly owns 19,844 shares of the company’s stock, valued at $626,871.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Gregory S. Lynds sold 3,621 shares of BJ’s Restaurants stock in a transaction dated Wednesday, November 8th. The stock was sold at an average price of $30.48, for a total transaction of $110,368.08. Following the completion of the transaction, the vice president now directly owns 19,103 shares of the company’s stock, valued at $582,259.44. The disclosure for this sale can be found here. Insiders sold 56,893 shares of company stock valued at $1,790,306 over the last ninety days. Corporate insiders own 6.80% of the company’s stock.
BJ’s Restaurants Company Profile
BJ’s Restaurants, Inc owns and operates restaurants. The Company segment includes casual dining company-owned restaurants. Each of its restaurants is operated either as a BJ’s Restaurant & Brewhouse, a BJ’s Restaurant & Brewery, a BJ’s Pizza & Grill or a BJ’s Grill restaurant. The Company’s restaurants offer craft beers and other beers, as well as a selection of appetizers, entrees, pastas, burgers and sandwiches, specialty salads, and desserts, including its warm pizza cookie dessert, the Pizookie.
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