Bj's Restaurants, Inc. | BJRI

Daily Technical Analysis of Bj's Restaurants, Inc.

Not too much action today, Bj's Restaurants drifted down slightly. We'll see where it goes next.

Currently BJRI isn't at a clear support/resistance line that seems tradable. Momentum wise Bj's Restaurants, has been oscillating up and down but hasn't shown much directional energy that would be predictive to the near future. BJRI might find some support at the 38.02 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Bj's Restaurants By Price Target And Rating

The analysts feel fairly neutral on the prospects for BJ's Restaurants but a little more positive than negative. The current Analysts Sentiment Score is 11.76. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-05-03 Barclays increased their price target by 9.09% to $36.00. Benchmark provided a price target boost of 9.76% to $45.00 from $41.00 on 2024-05-03. On 2024-05-01 there was confirmation of the previous rating by Wedbush which was Outperform and provided a price target of $40.00. On 2024-02-16 Citigroup increased their price target by 32.14% to $37.00. Stephens reiterated a rating of Equal Weight on 2024-02-16 and they set their price target at $35.00. Oppenheimer gave a boost to their price target and moved to $42.00 from $37.00 on 2024-01-05. Piper Sandler gave a boost to their price target and moved to $32.00 from $28.00 on 2023-11-20. CL King dropped their price target by -9.09% to $40.00 on 2023-10-10. Robert W. Baird provided a price target boost of 28.57% to $36.00 from $28.00 on 2023-07-28. On 2023-07-20 Jefferies Financial Group increased their price target by 8.11% to $40.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for BJ's Restaurants

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for BJ's Restaurants

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.