Alert: New Earnings Report (10/31/24)-BJ’s Restaurants Inc (NASDAQ: BJRI).

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BJ’s Restaurants Inc (NASDAQ: BJRI) has reported a loss for its third fiscal quarter (ending September 30) of $-0.13 versus a loss $-0.16 for the same period a year ago — a decline of -19%. For the latest four quarters through September 30, E.P.S. were $1.29 versus $0.66 for the same period a year ago — an increase of 95%.

Recent Price Action

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BJ’s Restaurants Inc (NASDAQ: BJRI) stock declined slightly by -0.9% on 10/31/24. The stock closed at $37.09. Moreover, trading volume in this decline was above average at 144% of normal. The stock has risen 5.6% during the last week but has been weak 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 F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. BJ’s Restaurants has a poor Power Rating of 29 and a poor Appreciation Score of 25, and the Lowest Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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