BJ's Restaurants, Inc. (BJRI) was a big mover last session, as the company saw its shares rise over 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down more than 1% since Jul 1, 2014.
The company has seen nine positive and two negative estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead for BJ’s Restaurants. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
BJ's Restaurants currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Investors interested in the restaurant industry may consider stocks like Chipotle Mexican Grill, Inc. (CMG), Domino's Pizza, Inc. (DPZ) and Noodles & Company (NDLS). While Chipotle Mexican Grill sport a Zacks Rank #1 (Strong Buy), Domino's Pizza and Noodles & Company have the same Zacks Rank as BJ’s Restaurants.
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