BJ’s Restaurants Inc (NASDAQ: BJRI) stock closed at $31.51 on 7/26/24 after a major decline of -15.4%. Moreover, this decline was accompanied by exceptionally high trading volume at 476% of normal. The stock has declined -11.3% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
BJRI is expected to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
BJ’s Restaurants has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. BJ’s Restaurants has a poor Appreciation Score of 28 but a neutral Power Rating of 59, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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