Tigress Financial Upgrades BJ's Restaurants to Buy

Brokerage firm Tigress Financial Upgrades its rating on BJ's Restaurants(NASDAQ:BJRI). The shares have been rated Buy. The rating by Tigress Financial was issued on Jun 24, 2016.

In a different note, On Jun 23, 2016, Tigress Financial said it Upgrades its rating on BJ's Restaurants. The shares have been rated ‘Buy’ by the firm.

BJ's Restaurants (BJRI) made into the market gainers list on Wednesdays trading session with the shares advancing 0.64% or 0.28 points. Due to strong positive momentum, the stock ended at $43.82, which is also near the day’s high of $44.55. The stock began the session at $43.85 and the volume stood at 3,19,312 shares. The 52-week high of the shares is $52.37 and the 52 week low is $38.49. The company has a current market capitalization of $1,057 M and it has 2,41,25,737 shares in outstanding.

BJ's Restaurants(BJRI) last announced its earnings results on Apr 21, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $243.40M. Analysts had an estimated revenue of $244.75M. Earnings per share were $0.47. Analysts had estimated an EPS of $0.41.

Several Insider Transactions has been reported to the SEC. On Jun 1, 2016, Brian S Krakower (Chief Information Officer) sold 702 shares at $44.82 per share price.Also, On May 10, 2016, Lon Ledwith (Interim Chief Ops Officer) sold 3,942 shares at $45.00 per share price.On Mar 15, 2016, Kevin E. Mayer (ExecVP/Chief Marketing Officer) sold 2,538 shares at $44.16 per share price, according to the Form-4 filing with the securities and exchange commission.

BJ’s Restaurants Inc. owns and operates restaurants. The Company operates under the BJ’s Restaurant & Brewery BJ’s Restaurant & Brewhouse BJ’s Pizza & Grill and BJ’s Grill names. The Company owns and operates 158 restaurants. Its menu consists of deep-dish pizza craft beers and other beers as well as a range of appetizers entrees pastas sandwiches specialty salads and desserts including its Pizookie dessert. Its menu also includes starter salads handcrafted burgers sandwiches and tacos desserts lunch specials housemade soups and salads and gluten-free menu among others. Its Snacks and Small Bites menu category comprises small plate appetizers and salads and a lower calorie and better for you menu category called Enlightened Entrees. Its menu items include Kale and Roasted Brussels Sprout Salad its Cherry Chipotle Salmon its Mediterranean Chicken Pita Tacos and its Peanut Butter S’mores Pizookie. It also offers a range of wines and spirits and root beer soda.

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