J Alexanders (NYSE:JAX) posted its quarterly earnings data on Wednesday. The company reported ($0.04) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.01) by ($0.03), Morningstar.com reports. The company had revenue of $56.73 million for the quarter. J Alexanders had a net margin of 3.43% and a return on equity of 7.50%.
NYSE:JAX traded down $0.02 during trading hours on Friday, reaching $10.28. The company’s stock had a trading volume of 635 shares, compared to its average volume of 104,317. The stock has a market cap of $168.41 million, a PE ratio of 19.39 and a beta of 0.28. J Alexanders has a 1 year low of $8.70 and a 1 year high of $13.40. The company has a quick ratio of 0.46, a current ratio of 0.56 and a debt-to-equity ratio of 0.07.
A number of brokerages recently commented on JAX. Zacks Investment Research upgraded shares of J Alexanders from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research report on Friday, September 7th. ValuEngine upgraded shares of J Alexanders from a “hold” rating to a “buy” rating in a research report on Tuesday.
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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