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BJ's Restaurants (BJRI) in Focus: Stock Moves 6.3% Higher

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

BJ's Restaurants, Inc. BJRI was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company —as the stock is now up 13.9% in the past one-month time frame.

The move came after the company received favorable comments from Wedbush.

The company has seen five positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for BJ's Restaurants. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

BJ's Restaurants, Inc. Price

BJ's Restaurants, Inc. Price | BJ's Restaurants, Inc. Quote

 

BJ's Restaurantscurrently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the Retail-Wholesale sector is Arcos Dorados Holdings Inc. ARCO, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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BJ's Restaurants, Inc. (BJRI) : Free Stock Analysis Report
 
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