BJ’s Restaurants (BJRI) Receives Coverage Optimism Rating of -0.03

News articles about BJ’s Restaurants (NASDAQ:BJRI) have been trending somewhat negative this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded 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 -0.03 on Accern’s scale. Accern also gave news headlines about the restaurant operator an impact score of 48.2982521739 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the headlines that may have impacted Accern Sentiment’s analysis:

A number of research analysts have commented on the stock. 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. Jefferies Group LLC restated a “hold” rating and issued a $39.00 price objective on shares of BJ’s Restaurants in a research note on Thursday, August 31st. Canaccord Genuity reiterated a “buy” rating and set a $42.00 price target on shares of BJ’s Restaurants in a research note on Friday, July 28th. Zacks Investment Research lowered shares of BJ’s Restaurants from a “hold” rating to a “sell” rating in a research note on Monday, October 30th. Finally, Stifel Nicolaus assumed 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 target on the stock. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $36.89.

Shares of BJ’s Restaurants (NASDAQ:BJRI) opened at $33.05 on Wednesday. BJ’s Restaurants has a fifty-two week low of $28.00 and a fifty-two week high of $47.55. The stock has a market cap of $652.02, a PE ratio of 19.63, a price-to-earnings-growth ratio of 1.47 and a beta of 0.92. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.56 and a quick ratio of 0.46.

BJ’s Restaurants (NASDAQ:BJRI) last announced its quarterly 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). BJ’s Restaurants had a net margin of 3.30% and a return on equity of 13.85%. The business had revenue of $247.00 million during the quarter, compared to analysts’ expectations of $248.73 million. During the same period last year, the company earned $0.30 EPS. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. equities research analysts expect that BJ’s Restaurants will post 1.41 EPS for the current fiscal year.

The company also recently disclosed a special dividend, which will be paid on Monday, December 4th. Investors of record on Monday, November 13th will be paid a dividend of $0.11 per share. The ex-dividend date is Friday, November 10th. BJ’s Restaurants’s payout ratio is 7.24%.

In related news, VP Gregory S. Lynds sold 3,621 shares of the company’s stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $30.48, for a total transaction of $110,368.08. Following the transaction, the vice president now owns 19,103 shares of the company’s stock, valued at $582,259.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Patrick Walsh sold 37,764 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $31.59, for a total transaction of $1,192,964.76. Following the transaction, the director now directly owns 19,844 shares of the company’s stock, valued at approximately $626,871.96. The disclosure for this sale can be found here. Insiders have sold 56,092 shares of company stock worth $1,763,015 in the last three months. Insiders own 6.80% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for BJ`s Restaurants (NASDAQ:BJRI)

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