BJ’s Eating places, Inc. (NASDAQ:BJRI – Get Score) noticed a big lower in brief curiosity within the month of October. As of October thirty first, there was quick curiosity totalling 1,560,000 shares, a lower of 23.9% from the October fifteenth complete of two,050,000 shares. At present, 6.9% of the corporate’s inventory are quick offered. Primarily based on a median every day buying and selling quantity, of 357,000 shares, the short-interest ratio is at present 4.4 days.
BJ’s Eating places Inventory Down 2.2 %
NASDAQ:BJRI traded down $0.71 throughout mid-day buying and selling on Friday, hitting $31.75. The corporate’s inventory had a buying and selling quantity of 205,304 shares, in comparison with its common quantity of 403,329. BJ’s Eating places has a 1 12 months low of $20.15 and a 1 12 months excessive of $37.22. The corporate has a debt-to-equity ratio of 0.15, a present ratio of 0.33 and a fast ratio of 0.27. The enterprise’s fifty day transferring common is $27.43 and its two-hundred day transferring common is $25.54.
Wall Avenue Analyst Weigh In
BJRI has been the topic of numerous analyst studies. Citigroup upped their goal worth on BJ’s Eating places to $30.00 in a report on Thursday, October twenty seventh. StockNews.com initiated protection on BJ’s Eating places in a analysis report on Wednesday, October twelfth. They set a “maintain” ranking on the inventory. Benchmark upped their goal worth on BJ’s Eating places to $35.00 in a analysis report on Tuesday, November 1st. Stephens initiated protection on BJ’s Eating places in a analysis report on Thursday, September twenty second. They issued an “equal weight” ranking and a $27.00 goal worth on the inventory. Lastly, Barclays lower their goal worth on BJ’s Eating places from $21.00 to $17.00 and set an “underweight” ranking on the inventory in a analysis report on Friday, July twenty second. One analysis analyst has rated the inventory with a promote ranking, 4 have assigned a maintain ranking and three have assigned a purchase ranking to the inventory. Primarily based on information from MarketBeat.com, the inventory at present has a median ranking of “Maintain” and a consensus worth goal of $28.43.
Institutional Traders Weigh In On BJ’s Eating places
A number of hedge funds have just lately added to or lowered their stakes within the enterprise. Worth T Rowe Associates Inc. MD boosted its holdings in BJ’s Eating places by 2.5% within the second quarter. Worth T Rowe Associates Inc. MD now owns 3,880,400 shares of the restaurant operator’s inventory valued at $84,127,000 after buying a further 94,775 shares over the last quarter. BlackRock Inc. boosted its holdings in BJ’s Eating places by 3.0% within the first quarter. BlackRock Inc. now owns 3,713,031 shares of the restaurant operator’s inventory valued at $105,078,000 after buying a further 107,734 shares over the last quarter. Vanguard Group Inc. boosted its holdings in BJ’s Eating places by 5.9% within the first quarter. Vanguard Group Inc. now owns 2,489,248 shares of the restaurant operator’s inventory valued at $70,445,000 after buying a further 139,430 shares over the last quarter. Dimensional Fund Advisors LP boosted its holdings in BJ’s Eating places by 12.9% within the third quarter. Dimensional Fund Advisors LP now owns 1,043,644 shares of the restaurant operator’s inventory valued at $24,892,000 after buying a further 119,308 shares over the last quarter. Lastly, State Avenue Corp boosted its holdings in BJ’s Eating places by 1.6% within the second quarter. State Avenue Corp now owns 844,384 shares of the restaurant operator’s inventory valued at $18,306,000 after buying a further 13,163 shares over the last quarter. 95.10% of the inventory is owned by hedge funds and different institutional traders.
About BJ’s Eating places
(Get Score)
BJ’s Eating places, Inc owns and operates informal eating eating places in the USA. The corporate’s eating places provide pizzas, craft and different beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts. As of April 19, 2022, it operated 213 eating places in 29 states. The corporate was based in 1978 and is predicated in Huntington Seaside, California.
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