BJ's Restaurants (BJRI) AI Stock Analysis

• Market Cap: $899.89M
• Dividend Yield: N/A
• Average Volume (3M): 444.33K
• Price to Earnings (P/E): 43.3
• Beta (1Y): 1.22
• Revenue Growth: 2.91%
• EPS Growth: -4.86%
• Country: US
• Employees: 21,230
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Restaurants
• EPS (TTM): 0.59
• Shares Outstanding: 22,115,837
• 10 Day Avg. Volume: 408,220
• 30 Day Avg. Volume: 444,329
• PEG Ratio: 1.11
• Price to Book (P/B): 2.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 73.67
• Enterprise Value/Market Cap: 1.52
• Enterprise Value/Revenue: 0.25
• Enterprise Value/Gross Profit: 3.52
• Enterprise Value/Ebitda: 3.65
• 1Y Price Target: $41.33
• Price Target Upside: 1.57% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 5

• Rating: 66 Neutral
• Price Target: $43.00 ▲(5.68%Upside)

BJ's Restaurants' strong financial performance and positive earnings call are key strengths. However, technical analysis and high valuation present challenges. Recent corporate events may support future growth, but the stock's current technical and valuation metrics suggest caution.

Positive Factors

Leadership

Lyle Tick, with prior successful leadership experience, has been promoted to CEO of BJ's Restaurants.

Marketing and Promotions

The $13 mid-week Pizookie Meal Deal promotion continues to build momentum for the brand, with positive traffic driving benefits.

Operational Performance

BJ's Restaurants reported operating results that showed material margin progress from management's strategic efforts and continued sturdy same-store sales growth.

Negative Factors

Leadership Uncertainty

The upcoming resignation of CFO Tom Houdek introduces uncertainty as he moves to a role outside the restaurant industry.

Market Competition

Risks are present due to intense competition in a contracting casual dining market and inflationary labor cost pressures.

Third-Party Costs

The margin impact associated with third-party delivery providers poses a risk to the company's profitability.

BJ's Restaurants Business Overview & Revenue Model

Company Description

BJ's Restaurants, Inc. owns and operates casual dining restaurants in the United States. The company's restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts. As of April 19, 2022, it operated 213 restaurants in 29 states. The company was founded in 1978 and is based in Huntington Beach, California.

How the Company Makes Money

BJ's Restaurants, Inc. generates revenue primarily through the sale of food and beverages at its restaurant locations. The company's revenue streams include dine-in services, takeout, and delivery options, which have become increasingly significant. In addition to food sales, BJ's capitalizes on its in-house brewing capabilities by offering craft beers, which contribute to its beverage sales. The company also engages in strategic marketing and partnerships to enhance brand visibility and customer loyalty. Seasonal and promotional offerings further stimulate sales, while investments in technology and digital ordering platforms facilitate customer engagement and operational efficiency. BJ's Restaurants leverages a combination of menu innovation, customer experience, and operational strategies to drive revenue growth.

BJ's Restaurants Financial Statement Overview

Summary

BJ's Restaurants shows strong revenue and profitability growth, with improved gross and net profit margins. The balance sheet indicates moderate leverage typical for the industry. Cash flow trends are positive, but historical free cash flow volatility requires attention.

Income Statement

BJ's Restaurants has shown strong revenue growth over the years, with a notable increase in total revenue from 2020 to TTM 2025. Gross profit margin and net profit margin have improved, indicating better cost management and profitability. EBIT and EBITDA margins are also on a positive trajectory, reflecting operational efficiency. However, fluctuations in net income indicate some volatility, which poses potential risks.

Balance Sheet

The company's debt-to-equity ratio suggests a moderate level of leverage, which is typical in the restaurant industry but still entails risk. Return on equity has improved, demonstrating enhanced profitability and efficiency in using shareholders' funds. The equity ratio indicates a stable capital structure, though there is room for strengthening the equity base further.

Cash Flow

BJ's Restaurants has experienced a positive trend in operating cash flow, which is favorable for ongoing operations. The free cash flow growth rate is positive, showing better cash management. The operating cash flow to net income ratio is healthy, indicating efficient cash generation relative to earnings. However, previous periods of negative free cash flow highlight the need for continued focus on cash management.

Breakdown	Dec 2024	Mar 2024	Mar 2023	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.36B	1.33B	1.28B	1.09B	778.51M
Gross Profit	1.01B	177.79M	144.76M	129.63M	56.42M
EBITDA	86.49M	86.01M	67.79M	60.19M	5.11M
Net Income	16.69M	19.66M	4.08M	-3.61M	-57.88M
Balance Sheet
Total Assets	1.04B	1.06B	1.05B	1.04B	1.06B
Cash, Cash Equivalents and Short-Term Investments	26.10M	29.07M	24.87M	38.53M	54.01M
Total Debt	500.61M	519.50M	532.71M	525.26M	610.48M
Total Liabilities	671.05M	692.69M	700.41M	701.39M	765.64M
Stockholders Equity	370.02M	365.76M	345.51M	333.77M	293.79M
Cash Flow
Free Cash Flow	24.57M	6.92M	-27.48M	22.10M	-2.78M
Operating Cash Flow	101.47M	105.84M	51.12M	64.28M	40.54M
Investing Cash Flow	-76.89M	-98.91M	-71.91M	-42.17M	-35.72M
Financing Cash Flow	-27.55M	-2.73M	7.13M	-35.25M	24.45M

BJ's Restaurants Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 40.69
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BJRI, the sentiment is Neutral. The current price of 40.69 is below the 20-day moving average (MA) of 42.74, below the 50-day MA of 43.48, and above the 200-day MA of 37.27, indicating a neutral trend. The MACD of -0.98 indicates Positive momentum. The RSI at 41.36 is Neutral, neither overbought nor oversold. The STOCH value of 40.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BJRI.

BJ's Restaurants Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CAKE	74 Outperform	$3.39B	21.51	46.60%	1.58%	4.42%	48.23%
PTLO	72 Outperform	$858.88M	26.56	7.37%	―	4.57%	6.89%
CBRL	71 Outperform	$1.52B	26.45	12.90%	1.74%	2.84%	-4.44%
BJRI	66 Neutral	$899.89M	43.33	6.01%	―	2.91%	-4.86%
BH	60 Neutral	$997.81M	14.87	-10.29%	―	0.85%	-571.58%
Sector *	57 Neutral	HK$26.32B	4.03	-2.03%	5.52%	-0.23%	-68.02%
JACK	55 Neutral	$469.72M	―	4.15%	7.07%	-6.02%	-289.54%

BJ's Restaurants Corporate Events

BJ’s Restaurants Appoints CEO Lyle Tick to Board

On June 16, 2025, BJ’s Restaurants, Inc. appointed its CEO and President, Lyle D. Tick, to the Board of Directors, following the terms of his employment agreement. Additionally, former CEO Gregory A. Trojan announced his retirement from the Board, effective September 16, 2025. During the Annual Meeting of Shareholders on June 12, 2025, shareholders voted on several key issues, including the election of directors, executive compensation, and the ratification of KPMG LLP as the independent accounting firm for fiscal 2025. While the compensation and accounting firm ratification were approved, the proposal for a food waste transparency report was not passed.

The most recent analyst rating on (BJRI) stock is a Buy with a $44.00 price target. To see the full list of analyst forecasts on BJ’s Restaurants stock, see the BJRI Stock Forecast page.

BJ’s Restaurants Appoints Lyle D. Tick as CEO

On June 5, 2025, BJ’s Restaurants, Inc. announced the promotion of Lyle D. Tick to Chief Executive Officer and President, succeeding interim CEO C. Bradford Richmond, who will transition to a Special Advisor role. This leadership change is expected to strengthen BJ’s strategic vision and drive sustainable growth, as Tick’s previous roles have equipped him with extensive experience in brand positioning and operational leadership. Additionally, the company announced the resignation of Chief Financial Officer Thomas A. Houdek, effective June 20, 2025, as he moves to a new position outside the restaurant industry.

The most recent analyst rating on (BJRI) stock is a Buy with a $44.00 price target. To see the full list of analyst forecasts on BJ’s Restaurants stock, see the BJRI Stock Forecast page.

BJ’s Restaurants Enhances Credit Agreement for Growth

On May 30, 2025, BJ’s Restaurants, Inc. entered into a Fifth Amended and Restated Credit Agreement with Bank of America and other lenders to modify its existing revolving line of credit. The agreement extends the maturity date to May 30, 2030, introduces a swingline subfacility, and adjusts interest rates and loan covenants, allowing the company to increase its credit line up to $315 million. This move is aimed at enhancing the company’s financial flexibility for working capital and general corporate purposes, with implications for its operational stability and strategic growth.

The most recent analyst rating on (BJRI) stock is a Buy with a $44.00 price target. To see the full list of analyst forecasts on BJ’s Restaurants stock, see the BJRI Stock Forecast page.