Here's Why BJ's Restaurants (BJRI) is a Strong Value Stock
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why Investors Should Pay Attention to This Value Stock
Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.
BJ's Restaurants (BJRI)
Founded in 1978 in Orange County, CA, BJ’s Restaurants owns and operates a chain of high-end casual dining restaurants in the United States.
BJRI boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of BJ's Restaurants are trading at a forward earnings multiple of 25.8X, as well as a PEG Ratio of 1.7, a Price/Cash Flow ratio of 7.2X, and a Price/Sales ratio of 0.4X.
A company's earnings performance is important for value investors as well. For fiscal 2023, three analysts revised their earnings estimate higher in the last 60 days for BJRI, while the Zacks Consensus Estimate has increased $0.03 to $0.89 per share. BJRI also holds an average earnings surprise of 121.2%.
Investors should take the time to consider BJRI for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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BJ's Restaurants, Inc. (BJRI) : Free Stock Analysis Report
