Bojangles Inc (NASDAQ:BOJA) – Investment analysts at William Blair issued their Q1 2018 earnings per share (EPS) estimates for Bojangles in a report released on Monday. William Blair analyst S. Zackfia anticipates that the restaurant operator will earn $0.18 per share for the quarter. William Blair also issued estimates for Bojangles’ Q2 2018 earnings at $0.19 EPS, Q3 2018 earnings at $0.14 EPS, Q4 2018 earnings at $0.15 EPS, FY2018 earnings at $0.66 EPS and FY2019 earnings at $0.77 EPS.

Bojangles (NASDAQ:BOJA) last announced its earnings results on Wednesday, November 1st. The restaurant operator reported $0.17 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.17. Bojangles had a net margin of 6.13% and a return on equity of 15.11%. The company had revenue of $133.40 million during the quarter, compared to analyst estimates of $133.88 million. During the same period in the previous year, the business earned $0.25 earnings per share. The firm’s quarterly revenue was up .2% compared to the same quarter last year.

BOJA has been the subject of several other reports. TheStreet lowered shares of Bojangles from a “c-” rating to a “d+” rating in a research report on Friday, October 13th. Stephens lowered shares of Bojangles from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, October 11th. Cowen lowered shares of Bojangles from an “outperform” rating to a “market perform” rating and set a $23.00 target price for the company. in a research report on Friday, October 20th. SunTrust Banks reiterated a “buy” rating and issued a $19.00 target price on shares of Bojangles in a research report on Wednesday, January 3rd. Finally, Jefferies Group lowered shares of Bojangles from a “buy” rating to a “hold” rating and cut their target price for the stock from $16.00 to $13.00 in a research report on Friday, December 22nd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the company. Bojangles presently has a consensus rating of “Hold” and a consensus target price of $16.75.

Shares of Bojangles (NASDAQ BOJA) traded up $0.10 during trading hours on Tuesday, reaching $12.20. 290,400 shares of the company traded hands, compared to its average volume of 469,293. Bojangles has a one year low of $11.45 and a one year high of $22.35. The stock has a market capitalization of $448.54, a price-to-earnings ratio of 14.19, a PEG ratio of 1.43 and a beta of 1.97. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.64 and a quick ratio of 0.56.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC boosted its holdings in shares of Bojangles by 15.0% during the second quarter. FMR LLC now owns 3,109,039 shares of the restaurant operator’s stock worth $50,522,000 after purchasing an additional 406,647 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of Bojangles by 1,301.7% during the third quarter. Russell Investments Group Ltd. now owns 420,549 shares of the restaurant operator’s stock worth $5,677,000 after purchasing an additional 390,547 shares during the period. Clark Estates Inc. NY purchased a new stake in shares of Bojangles during the fourth quarter worth about $3,221,000. Dimensional Fund Advisors LP boosted its holdings in shares of Bojangles by 60.1% during the third quarter. Dimensional Fund Advisors LP now owns 507,073 shares of the restaurant operator’s stock worth $6,846,000 after purchasing an additional 190,369 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Bojangles by 9.5% during the second quarter. Vanguard Group Inc. now owns 1,362,803 shares of the restaurant operator’s stock worth $22,145,000 after purchasing an additional 118,281 shares during the period. Institutional investors and hedge funds own 89.60% of the company’s stock.

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Bojangles Company Profile

Bojangles’, Inc is a restaurant operator and franchisor. The Company offers food made from its Southern recipes. The Company’s menu includes its made-from-scratch, buttermilk biscuits baked fresh every 20 minutes; its fresh, never-frozen bone-in fried chicken; its fixin’s; its Bo-Smart menu featuring items, such as salads, grilled chicken sandwiches, roasted chicken bites and fat-free green beans; its freshly baked and delicious sweets menu, and its Legendary Iced Tea.

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