Time to Buy Bojangles Inc (BOJA) After Today’s Huge Increase?

September 17, 2017 - By Migdalia James

The stock of Bojangles Inc (NASDAQ:BOJA) is a huge mover today! The stock increased 4.10% or $0.55 on September 15, reaching $13.95. About 585,953 shares traded or 148.67% up from the average. Bojangles Inc (NASDAQ:BOJA) has risen 4.24% since September 17, 2016 and is uptrending. It has underperformed by 12.46% the S&P500.
The move comes after 7 months positive chart setup for the $516.14M company. It was reported on Sep, 17 by Barchart.com. We have $14.79 PT which if reached, will make NASDAQ:BOJA worth $30.97 million more.

Investors wait Bojangles Inc (NASDAQ:BOJA) to report on November, 2. its quarterly earnings Wall Street analysts expect $0.18 EPS, down $0.07 or 28.00 % from last year’s $0.25 same quarter earnings. This translates into $6.66M profit for BOJA giving the stock a 19.38 P/E. This is assuming the current $0.18 EPS is accurate. Bojangles Inc’s Wall Street analysts see -21.74 % negative EPS growth, taking into account the $0.23 EPS reproted in the previous quarter,

Bojangles Inc (NASDAQ:BOJA) Ratings Coverage

Among 11 analysts covering Bojangles Inc (NASDAQ:BOJA), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Bojangles Inc had 19 analyst reports since July 28, 2015 according to SRatingsIntel. As per Friday, March 11, the company rating was maintained by Jefferies. The stock has “Buy” rating by Cowen & Co on Friday, July 28. The rating was maintained by Jefferies on Friday, July 28 with “Buy”. Jefferies maintained it with “Buy” rating and $21 target in Tuesday, August 9 report. The stock has “Strong Buy” rating by Craig Hallum on Tuesday, September 20. The stock of Bojangles Inc (NASDAQ:BOJA) earned “Market Perform” rating by William Blair on Friday, July 28. The firm earned “Equal-Weight” rating on Friday, March 11 by Barclays Capital. As per Tuesday, December 22, the company rating was upgraded by Bank of America. The firm earned “Hold” rating on Thursday, July 27 by Piper Jaffray. The firm has “Overweight” rating given on Friday, March 11 by Stephens.

Another recent and important Bojangles Inc (NASDAQ:BOJA) news was published by Bizjournals.com which published an article titled: “Bojangles’ maps out Florida, Alabama growth” on August 21, 2017.

Bojangles’, Inc. is a restaurant operator and franchisor. The company has market cap of $516.14 million. The Firm offers food made from its Southern recipes. It has a 14.77 P/E ratio. 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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