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BJ's Restaurants (BJRI) in Focus: Stock Up 9.1% in Session

BJ's Restaurants, Inc. BJRI was a big mover last session, as the company saw its shares rise more than 9% on the day.  Shares moved up after the company announced encouraging first quarter 2016 results. This led to solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $40.80 to $43.21 in the past one-month time frame.

This restaurant operator witnessed nine positive estimate revisions over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for BJ's Restaurants. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.

BJ's Restaurants has a Zacks Rank #2 (Buy).

Investors interested in the space may also consider Carrols Restaurant Group, Inc. TAST, sporting a Zacks Rank #1 (Strong Buy).

Is BJRI going up? Or down? Predict to see what others think: Up or Down

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
BJ'S RESTAURANT (BJRI): Free Stock Analysis Report
 
CARROLS RESTRNT (TAST): Free Stock Analysis Report
 
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