Shares of J. Alexander’s (NYSE:JAX) have received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Analysts have set a twelve-month consensus price objective of $14.00 for the company, according to Zacks. Zacks has also given J. Alexander’s an industry rank of 154 out of 265 based on the ratings given to its competitors.

A number of analysts have weighed in on the stock. Zacks Investment Research upgraded shares of J. Alexander’s from a “hold” rating to a “buy” rating and set a $13.00 price objective for the company in a research note on Friday, April 13th. TheStreet upgraded shares of J. Alexander’s from a “c” rating to a “b-” rating in a research note on Wednesday, March 14th.

Several hedge funds have recently made changes to their positions in JAX. Wells Fargo & Company MN grew its stake in shares of J. Alexander’s by 68.4% in the third quarter. Wells Fargo & Company MN now owns 13,734 shares of the company’s stock worth $160,000 after acquiring an additional 5,580 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of J. Alexander’s by 21.7% in the third quarter. Dimensional Fund Advisors LP now owns 273,923 shares of the company’s stock worth $3,178,000 after acquiring an additional 48,929 shares during the period. Algert Global LLC bought a new stake in shares of J. Alexander’s in the fourth quarter worth approximately $197,000. River Road Asset Management LLC grew its stake in shares of J. Alexander’s by 2.5% in the fourth quarter. River Road Asset Management LLC now owns 1,048,263 shares of the company’s stock worth $10,168,000 after acquiring an additional 25,920 shares during the period. Finally, Ranger Investment Management L.P. grew its stake in shares of J. Alexander’s by 6.9% in the fourth quarter. Ranger Investment Management L.P. now owns 248,271 shares of the company’s stock worth $2,408,000 after acquiring an additional 15,920 shares during the period. Hedge funds and other institutional investors own 72.02% of the company’s stock.

NYSE:JAX traded down $0.15 on Friday, reaching $12.05. 240 shares of the stock traded hands, compared to its average volume of 31,727. The firm has a market cap of $180.02 million, a P/E ratio of 22.83 and a beta of -0.15. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.50 and a current ratio of 0.60. J. Alexander’s has a 12 month low of $8.70 and a 12 month high of $12.80.

J. Alexander’s (NYSE:JAX) last released its quarterly earnings data on Friday, May 4th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02). The firm had revenue of $61.91 million for the quarter. J. Alexander’s had a net margin of 2.65% and a return on equity of 5.97%. equities research analysts predict that J. Alexander’s will post 0.56 EPS for the current year.

About J. Alexander’s

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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