On Friday, shares of BJ’s Restaurants, Inc. (NASDAQ:BJRI) marked $31.29 per share versus a previous $34.19 closing price. With having a -8.48% loss, an insight into the fundamental values of BJ’s Restaurants, Inc., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. BJRI showed a fall of -17.57% within its YTD performance, with highs and lows between $6.01 – $44.47 during the period of 52 weeks, compared to the simple moving average of 20.28% in the period of the last 200 days.
Loop Capital equity researchers changed the status of BJ’s Restaurants, Inc. (NASDAQ: BJRI) shares from “Buy” to a “Hold” rating in the report published on July 16th, 2020. Other analysts, including Stephens, also published their reports on BJRI shares. Stephens repeated the rating from the previous report, marking BJRI under “Equal-Weight” rating, in the report published on May 19th, 2020. Additionally, BJRI shares got another “Hold” rating from Stifel, setting a target price of $45 on the company’s shares, according to the report published in February 21st, 2020. On December 16th, 2019, CL King Initiated an Buy rating and increased its price target to $46. On the other hand, Deutsche Bank Downgrade the “Hold” rating for BJRI shares, as published in the report on October 28th, 2019. Maxim Group seems to be going bullish on the price of BJRI shares, based on the price prediction for BJRI, indicating that the shares will jump from $59 to $55, giving the shares “Buy” rating based on their report from July 26th, 2019. Another “Buy” rating came from Deutsche Bank, providing a prediction for $55 price target according to the report published in June 28th, 2019.
[bold-text]BJ’s Restaurants, Inc. (BJRI) Analysis[/bold-text]
The present dividend yield for BJRI owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording -57.50%, hinting the company’s progress in the upcoming progress.
In order to gain a clear insight on the performance of BJ’s Restaurants, Inc. (BJRI) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -5.20% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 0.70 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.
Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while BJRI is currently recording an average of 459.54K in volumes. The volatility of the stock on monthly basis is set at 5.09%, while the weekly volatility levels are marked at 5.84%with -3.69% of loss in the last seven days. Additionally, long-term investors are predicting the target price of $27.64, indicating growth from the present price of $31.29, which can represent yet another valuable research and analysis points that can help you decide whether to invest in BJRI or pass.
[bold-text]What to Look for When Analyzing BJ’s Restaurants, Inc. Shares?[/bold-text]
BJ’s Restaurants, Inc. (BJRI) is based in the USA and it represents one of the well-known company operating with Consumer Cyclical sector. If you wish to compare BJRI shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of for BJ’s Restaurants, Inc., while the value 45.55 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value -0.68 is supported by the yearly EPS growth of -6.70%.
Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.90%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 93.30% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.
[bold-text]Are Institutional Investors Increasing Stakes in BJRI Shares?[/bold-text]
It appears that more than several institutional investors and hedge funds decided to increase stakes in BJRI in the recent period. That is how T. Rowe Price Associates, Inc. now has an increase position in BJRI by — in the first quarter, owning 3.28 million shares of BJRI stocks, with the value of $96.47 million after the purchase of an additional 3,276,878 shares during the last quarter. In the meanwhile, BlackRock Fund Advisors also increased their stake in BJRI shares changed 7.78% in the first quarter, which means that the company now owns 2.99 million shares of company, all valued at $88.15 million after the acquisition of additional 216,056 shares during the last quarter.
The Vanguard Group, Inc. acquired a new position in BJ’s Restaurants, Inc. during the first quarter, with the value of $64.18 million, and Dimensional Fund Advisors LP increased their stake in the company’s shares by 4.60% in the first quarter, now owning 48,561 shares valued at $32.5 million after the acquisition of the additional 1.1 million shares during the last quarter. In the end, SSgA Funds Management, Inc. increased their position by 712.36% during the first quarter, now owning 691531 BJRI shares, now holding the value of $20.36 million in BJRI with the purchase of the additional 18,164 shares during the period of the last quarter. At the present, 93.30% of BJRI shares are in the ownership of institutional investors.