3 Reasons Why BJ's Restaurants (BJRI) Is a Great Growth Stock

Core Viewpoint - The article highlights BJ's Restaurants (BJRI) as a strong growth stock, supported by its favorable Growth Score and Zacks Rank, indicating potential for solid returns for growth investors [2][10]. Group 1: Earnings Growth - BJ's Restaurants has a historical EPS growth rate of 189.6%, with projected EPS growth of 38.5% this year, significantly outperforming the industry average of 7.9% [4]. - Earnings growth is emphasized as a critical factor for attracting investor attention, particularly double-digit growth which signals strong prospects [3]. Group 2: Asset Utilization - The company has an asset utilization ratio (sales-to-total-assets ratio) of 1.34, indicating it generates $1.34 in sales for every dollar in assets, compared to the industry average of 0.97, showcasing superior efficiency [5]. Group 3: Sales Growth - BJ's Restaurants is expected to achieve a sales growth of 3.2% this year, exceeding the industry average of 2.5%, indicating a strong position in terms of sales performance [6]. Group 4: Earnings Estimate Revisions - The current-year earnings estimates for BJ's Restaurants have been revised upward, with the Zacks Consensus Estimate increasing by 6.9% over the past month, suggesting positive momentum [8][7]. Group 5: Overall Assessment - BJ's Restaurants has earned a Growth Score of A and a Zacks Rank 1, indicating it is a potential outperformer and a solid choice for growth investors [10].