BJ’s Restaurants, Inc. (BJRI) owns and operates restaurants.
As of November 3, 2014, the Company owned and operated 154 restaurants located in the 18 states of Arizona, Arkansas, California, Colorado, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Nevada, New Mexico, Ohio, Oklahoma, Oregon, Texas, Virginia and Washington.
Its restaurants operate under the BJ's Restaurant & Brewery BJ's Restaurant & Brewhouse, BJ's Pizza & Grill, or BJ's Grill names.
It operates through casual dining restaurants, four of which have on premise brewing operations that produce BJ’s signature, craft beers for its restaurants. Its menu features its BJ's deep-dish pizza, its hand-tossed style pizza, its craft beers and other beers, as well as a selection of appetizers, entrees, pastas, sandwiches, specialty salads and desserts, including its Pizookie dessert. Its BJ's Restaurant & Brewery restaurants feature brewing facilities where BJ's craft beers are produced for some of its restaurants. At December 31, 2013, four of the Company's restaurants had active brewing operations.
The company reported its quarterly Q4 results on February 19th beating the estimates. EPS came in at 31 cents, ten cents above the estimates. Since then, shares have formed a bullish "flag." Higher share prices are expected for this stock.
52-Week Trading Range: $28.07 - $55.44
Entry Point: $52.20
Stop Loss: $49.50
Target Price: $57.40
BJRI closed at $50.58 after its 30 days expired.