J Alexanders Holdings Inc (NYSE:JAX) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12-month consensus price target of $15.00 for the company, according to Zacks. Zacks has also given J Alexanders an industry rank of 96 out of 256 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded shares of HENKEL AG & CO/S from a “sell” rating to a “hold” rating in a research report on Thursday, June 6th.
JAX traded up $0.37 during trading on Friday, reaching $11.29. The stock had a trading volume of 33,091 shares, compared to its average volume of 27,696. The stock has a market capitalization of $160.47 million, a PE ratio of 18.82 and a beta of 0.77. The company has a current ratio of 0.48, a quick ratio of 0.39 and a debt-to-equity ratio of 0.67. J Alexanders has a one year low of $7.70 and a one year high of $13.40. The firm’s 50-day moving average is $10.63.
J Alexanders (NYSE:JAX) last released its earnings results on Wednesday, May 1st. The company reported $0.26 EPS for the quarter. The business had revenue of $64.73 million for the quarter. J Alexanders had a return on equity of 8.53% and a net margin of 2.55%. On average, analysts forecast that J Alexanders will post 0.7 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of JAX. BNP Paribas Arbitrage SA boosted its holdings in shares of J Alexanders by 580.8% during the first quarter. BNP Paribas Arbitrage SA now owns 2,723 shares of the company’s stock worth $27,000 after purchasing an additional 2,323 shares during the period. Brandywine Global Investment Management LLC purchased a new stake in shares of J Alexanders during the fourth quarter worth about $64,000. Marshall Wace LLP boosted its holdings in shares of J Alexanders by 1,999.1% during the first quarter. Marshall Wace LLP now owns 9,341 shares of the company’s stock worth $92,000 after purchasing an additional 8,896 shares during the period. Coatue Management LLC purchased a new stake in shares of J Alexanders during the fourth quarter worth about $101,000. Finally, Raymond James Trust N.A. purchased a new stake in shares of J Alexanders during the first quarter worth about $114,000. Institutional investors and hedge funds own 74.09% of the company’s stock.
J Alexanders Company Profile
J. Alexander's Holdings, Inc, through its subsidiaries, owns and operates complementary upscale dining restaurants in the United States. It operates restaurants under various concepts, including J. Alexander's, Redlands Grill, Lyndhurst Grill, Overland Park Grill, and River Steakhouse and Grill.
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