Shares of J Alexanders Holdings Inc (NYSE:JAX) have earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokerages have set a one year consensus target price of $15.00 for the company, according to Zacks. Zacks has also given J Alexanders an industry rank of 160 out of 255 based on the ratings given to its competitors.
Get J Alexanders alerts:A number of research analysts recently commented on JAX shares. Zacks Investment Research raised J Alexanders from a “sell” rating to a “hold” rating in a research note on Tuesday, February 5th. ValuEngine cut J Alexanders from a “buy” rating to a “hold” rating in a research note on Tuesday, November 13th.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Brandywine Global Investment Management LLC purchased a new stake in J Alexanders during the fourth quarter valued at about $64,000. Meeder Asset Management Inc. boosted its position in J Alexanders by 73.8% during the fourth quarter. Meeder Asset Management Inc. now owns 9,548 shares of the company’s stock valued at $78,000 after buying an additional 4,053 shares during the period. Coatue Management LLC purchased a new stake in J Alexanders during the fourth quarter valued at about $101,000. Prudential Financial Inc. purchased a new stake in J Alexanders during the fourth quarter valued at about $137,000. Finally, Rhumbline Advisers boosted its position in J Alexanders by 42.4% during the fourth quarter. Rhumbline Advisers now owns 18,550 shares of the company’s stock valued at $153,000 after buying an additional 5,523 shares during the period. Institutional investors and hedge funds own 76.51% of the company’s stock.
JAX traded down $0.18 during trading on Wednesday, reaching $9.47. The stock had a trading volume of 85,256 shares, compared to its average volume of 41,803. The stock has a market cap of $138.87 million, a PE ratio of 17.87 and a beta of 0.68. The company has a quick ratio of 0.35, a current ratio of 0.45 and a debt-to-equity ratio of 0.06. J Alexanders has a one year low of $7.70 and a one year high of $13.40.
J Alexanders (NYSE:JAX) last released its earnings results on Monday, March 11th. The company reported $0.32 EPS for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.04. The business had revenue of $63.21 million for the quarter. J Alexanders had a return on equity of 7.49% and a net margin of 3.50%. As a group, equities analysts anticipate that J Alexanders will post 0.46 earnings per share for the current year.
About J Alexanders
J. Alexander's Holdings, Inc, through its subsidiaries, owns and operates full service restaurants in the United States. It operates four complementary upscale dining restaurant concepts, including J. Alexander's, Redlands Grill, Lyndhurst Grill, and Stoney River Steakhouse and Grill (Stoney River).
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