BJ's Restaurants (BJRI) AI Stock Analysis

• Market Cap: $810.52M
• Dividend Yield: N/A
• Average Volume (3M): 532.15K
• Price to Earnings (P/E): 28.7
• Beta (1Y): 1.21
• Revenue Growth: 3.85%
• EPS Growth: 7.57%
• Country: US
• Employees: 21,230
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): 0.04
• Shares Outstanding: 21,134,780
• 10 Day Avg. Volume: 517,372
• 30 Day Avg. Volume: 532,155
• PEG Ratio: -3.41
• Price to Book (P/B): 2.20
• Price to Sales (P/S): 0.60
• P/FCF Ratio: 33.08
• Enterprise Value/Market Cap: 1.43
• Enterprise Value/Revenue: 0.84
• Enterprise Value/Gross Profit: 1.85
• Enterprise Value/Ebitda: 11.63
• 1Y Price Target: $37.60
• Price Target Upside: -1.96% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 7
• EPS Forecast (FY): 2.21
• Revenue Forecast (FY): $1.40B

• Rating: 74 Outperform
• Price Target: $41.00 ▲(6.91% Upside)

BJ's Restaurants' overall stock score is driven by strong financial performance and positive earnings call outcomes. The technical analysis supports a bullish outlook, though valuation concerns due to a high P/E ratio and lack of dividend yield slightly temper the score. The company's strategic initiatives and marketing successes are key strengths, while cost management remains a challenge.

Positive Factors

Revenue Growth

Sustained revenue growth indicates strong market demand and effective business strategies, supporting long-term financial health and expansion potential.

Cash Flow Improvement

Improved cash flow enhances financial flexibility, enabling strategic investments and debt reduction, which are crucial for long-term business sustainability.

Debt Reduction

Reduced debt levels lower financial risk and interest expenses, allowing more resources to be allocated towards growth initiatives and operational improvements.

Negative Factors

Gross Profit Margin Decline

A declining gross profit margin suggests rising costs or pricing pressures, which could impact profitability if not managed effectively over the long term.

Check Compression Issues

Check compression can reduce revenue per customer, potentially impacting overall profitability if not offset by increased customer traffic or cost efficiencies.

Higher Medical Cost Inflation

Rising medical costs can increase operational expenses, squeezing margins and necessitating strategic cost management to maintain 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 generates revenue primarily through the sale of food and beverages in its restaurants. The company operates a revenue model based on both dine-in and takeout services, catering to a wide customer base. Key revenue streams include food sales, alcoholic beverages, and non-alcoholic drinks. In addition to in-store dining, BJ's has expanded its delivery and takeout services, which have become increasingly important revenue sources. The company also benefits from beer sales through its BJ's Brewhouse locations, where it produces and sells its own craft beers. Significant partnerships with delivery service providers further enhance its reach and convenience for customers. Seasonal promotions and menu innovations also play a crucial role in driving traffic and sales, contributing to overall earnings.

BJ's Restaurants Financial Statement Overview

Summary

BJ's Restaurants demonstrates a solid financial performance with strong revenue growth and improved profitability. The significant reduction in debt and enhanced cash flow metrics indicate a positive financial trajectory. However, the decline in gross profit margin suggests potential cost management challenges that need to be addressed to sustain profitability.

Income Statement

BJ's Restaurants has shown a positive trajectory in revenue growth, with a TTM revenue growth rate of 14.6%. The company has improved its profitability margins over the years, with the TTM net profit margin at 1.99% and EBIT margin at 1.89%. However, the gross profit margin has decreased from 74.17% in 2024 to 45.30% in the TTM period, indicating potential cost pressures.

Balance Sheet

The balance sheet reflects a significant reduction in debt, with the debt-to-equity ratio improving from 1.35 in 2024 to 0.16 in the TTM period. Return on equity has also improved to 7.31% in the TTM period. However, the equity ratio remains stable, indicating a balanced asset structure.

Cash Flow

Cash flow analysis shows a strong improvement in free cash flow growth, with a remarkable increase of 341.33% in the TTM period. The operating cash flow to net income ratio is healthy at 0.66, indicating efficient cash generation relative to net income. The free cash flow to net income ratio has also improved, reflecting better cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.38B	1.36B	1.33B	1.28B	1.09B	778.51M
Gross Profit	626.82M	1.01B	177.79M	144.76M	129.63M	56.42M
EBITDA	99.93M	86.49M	86.01M	64.97M	58.57M	-9.75M
Net Income	27.51M	16.69M	19.66M	4.08M	-3.61M	-57.88M
Balance Sheet
Total Assets	1.03B	1.04B	1.22B	1.21B	1.04B	1.06B
Cash, Cash Equivalents and Short-Term Investments	25.96M	26.10M	29.07M	24.87M	38.53M	51.66M
Total Debt	477.66M	500.61M	519.50M	532.71M	525.26M	610.48M
Total Liabilities	638.67M	671.05M	856.87M	867.84M	701.39M	765.64M
Stockholders Equity	386.56M	370.02M	365.76M	345.51M	333.77M	293.79M
Cash Flow
Free Cash Flow	53.23M	24.57M	6.92M	-27.48M	22.10M	-2.78M
Operating Cash Flow	125.84M	101.47M	105.84M	51.12M	64.28M	40.54M
Investing Cash Flow	-72.56M	-76.89M	-98.91M	-71.91M	-42.17M	-35.72M
Financing Cash Flow	-43.50M	-27.55M	-2.73M	7.13M	-35.25M	24.45M

BJ's Restaurants Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 38.35
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BJRI, the sentiment is Positive. The current price of 38.35 is above the 20-day moving average (MA) of 35.91, above the 50-day MA of 32.95, and above the 200-day MA of 36.33, indicating a bullish trend. The MACD of 1.28 indicates Negative momentum. The RSI at 63.61 is Neutral, neither overbought nor oversold. The STOCH value of 92.57 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BJRI.

BJ's Restaurants Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BJRI	74 Outperform	$810.52M	28.70	8.44%	―	3.85%	7.57%
PBPB	68 Neutral	―	―	19.65%	―	-1.72%	-70.31%
PTLO	67 Neutral	$393.46M	14.43	5.82%	―	2.40%	-14.90%
CAKE	67 Neutral	$2.38B	14.47	39.14%	2.27%	4.90%	27.14%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
KRUS	57 Neutral	$595.03M	―	-0.97%	―	18.88%	79.28%
BLMN	52 Neutral	$605.04M	―	10.80%	9.72%	-13.07%	-1139.12%

BJ's Restaurants Corporate Events

BJ’s Restaurants Appoints New CFO Todd J. Wilson

On November 5, 2025, BJ’s Restaurants announced the appointment of Todd J. Wilson as Executive Vice President and Chief Financial Officer, effective December 15, 2025. Wilson, who previously served as CFO at Red Robin Gourmet Burgers, brings extensive financial leadership experience to BJ’s. His appointment is expected to strengthen BJ’s financial foundation and support its long-term strategic initiatives, enhancing shareholder value.

The most recent analyst rating on (BJRI) stock is a Sell with a $30.00 price target. To see the full list of analyst forecasts on BJ’s Restaurants stock, see the BJRI Stock Forecast page.

BJ’s Restaurants’ Earnings Call Highlights Growth and Strategic Initiatives

BJ’s Restaurants recently held an earnings call that showcased a generally positive sentiment, highlighting consistent growth in sales and traffic, improved profit margins, and successful marketing strategies. Despite challenges such as check compression and anticipated increases in medical costs, the company’s achievements and positive trends significantly outweighed the challenges, indicating a strong performance.

BJ’s Restaurants Reports Improved Q3 2025 Results

BJ’s Restaurants, Inc. is a national casual dining brand known for its brewhouse roots and diverse menu offerings, including its signature deep-dish pizzas and Pizookie® dessert, operating over 200 locations across 31 states.

BJ’s Restaurants Reports Q3 2025 Financial Results

BJ’s Restaurants, Inc. reported its fiscal third quarter 2025 results, showing a 1.4% increase in total revenues to $330.2 million and a 0.5% rise in comparable restaurant sales. The company achieved a diluted net income per share of $0.02, reversing a previous loss, and enhanced its restaurant level operating profit by 8.8%. BJ’s also repurchased approximately 996,000 shares for $33.2 million, with an additional $75 million authorized for future repurchases. The company continues to focus on strategic initiatives to drive growth and improve operations, with a positive outlook for the remainder of the year.

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.