BJ’s Restaurants (NASDAQ:BJRI – Get Free Report) released its quarterly earnings results on Thursday. The restaurant operator reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.21, Briefing.com reports. The business had revenue of $349.93 million for the quarter, compared to analysts’ expectations of $349.18 million. BJ’s Restaurants had a net margin of 2.19% and a return on equity of 7.93%. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.50 earnings per share.
BJ’s Restaurants Stock Down 15.4 %
Shares of BJRI traded down $5.73 during trading hours on Friday, hitting $31.51. The company had a trading volume of 1,910,162 shares, compared to its average volume of 420,215. The firm has a fifty day moving average price of $35.36 and a 200-day moving average price of $34.81. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.28 and a current ratio of 0.35. The stock has a market capitalization of $736.80 million, a price-to-earnings ratio of 31.51, a P/E/G ratio of 1.97 and a beta of 2.13. BJ’s Restaurants has a 52-week low of $21.64 and a 52-week high of $38.87.
Insider Transactions at BJ’s Restaurants
In other news, insider Brian S. Krakower sold 1,600 shares of BJ’s Restaurants stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $35.56, for a total value of $56,896.00. Following the completion of the transaction, the insider now owns 7,652 shares of the company’s stock, valued at approximately $272,105.12. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 4.90% of the stock is owned by insiders.
Analyst Ratings Changes
Check Out Our Latest Analysis on BJRI
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. The company was formerly known as Chicago Pizza & Brewery, Inc and changed its name to BJ's Restaurants, Inc in August 2004.
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