BJ’s Restaurants (NASDAQ:BJRI) Stock Crosses Above 200 Day Moving Average of $25.82

BJ’s Restaurants, Inc. (NASDAQ:BJRIGet Rating)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $25.82 and traded as high as $32.65. BJ’s Restaurants shares last traded at $31.91, with a volume of 156,283 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on BJRI shares. Benchmark lifted their price objective on BJ’s Restaurants to $35.00 in a research note on Tuesday, November 1st. StockNews.com began coverage on BJ’s Restaurants in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Stephens initiated coverage on BJ’s Restaurants in a report on Thursday, September 22nd. They issued an “equal weight” rating and a $27.00 price objective on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on BJ’s Restaurants from $28.00 to $32.00 and gave the company a “buy” rating in a report on Monday, October 24th. Finally, Wedbush boosted their price target on BJ’s Restaurants from $25.00 to $29.00 and gave the company a “neutral” rating in a report on Friday, October 21st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, BJ’s Restaurants currently has an average rating of “Hold” and a consensus price target of $28.43.

BJ’s Restaurants Stock Performance

The business has a fifty day moving average of $28.41 and a 200-day moving average of $25.82. The company has a current ratio of 0.33, a quick ratio of 0.27 and a debt-to-equity ratio of 0.15. The company has a market cap of $746.37 million, a PE ratio of -159.54, a P/E/G ratio of 24.98 and a beta of 1.85.

Insider Buying and Selling at BJ’s Restaurants

In other BJ’s Restaurants news, VP Christopher P. Pinsak sold 3,212 shares of BJ’s Restaurants stock in a transaction that occurred on Thursday, November 17th. The stock was sold at an average price of $31.92, for a total transaction of $102,527.04. Following the sale, the vice president now directly owns 3,952 shares of the company’s stock, valued at approximately $126,147.84. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 3.80% of the company’s stock.

Institutional Trading of BJ’s Restaurants

Large investors have recently bought and sold shares of the company. Point72 Hong Kong Ltd bought a new stake in shares of BJ’s Restaurants in the 1st quarter worth approximately $30,000. KBC Group NV bought a new stake in shares of BJ’s Restaurants in the 2nd quarter worth approximately $43,000. Financial Enhancement Group LLC bought a new stake in shares of BJ’s Restaurants in the 3rd quarter worth approximately $72,000. Captrust Financial Advisors boosted its position in shares of BJ’s Restaurants by 29.6% in the 1st quarter. Captrust Financial Advisors now owns 2,536 shares of the restaurant operator’s stock worth $72,000 after purchasing an additional 579 shares in the last quarter. Finally, Mutual of America Capital Management LLC boosted its position in shares of BJ’s Restaurants by 17.2% in the 2nd quarter. Mutual of America Capital Management LLC now owns 3,936 shares of the restaurant operator’s stock worth $85,000 after purchasing an additional 578 shares in the last quarter. 95.10% of the stock is owned by institutional investors.

About BJ’s Restaurants

(Get Rating)

BJ's Restaurants, Inc owns and operates casual dining restaurants in the United States. The company's restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts. As of April 19, 2022, it operated 213 restaurants in 29 states. The company was founded in 1978 and is based in Huntington Beach, California.

Further Reading

Receive News & Ratings for BJ's Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.