BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) have been given a consensus rating of “Moderate Buy” by the eighteen analysts that are covering the firm, MarketBeat reports. Nine analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $111.4286.

BJ has been the topic of a number of research analyst reports. Evercore ISI boosted their target price on BJ’s Wholesale Club from $85.00 to $95.00 and gave the stock an “in-line” rating in a research note on Monday, November 24th. DA Davidson reissued a “buy” rating and issued a $123.00 price objective on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. BTIG Research restated a “buy” rating and issued a $120.00 price objective on shares of BJ’s Wholesale Club in a research note on Friday, November 21st. Cowen reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Finally, Wells Fargo & Company cut their price target on shares of BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating on the stock in a report on Wednesday, November 12th.

Insider Transactions at BJ’s Wholesale Club

In related news, CEO Robert W. Eddy sold 17,898 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $89.71, for a total value of $1,605,629.58. Following the transaction, the chief executive officer owned 296,735 shares in the company, valued at approximately $26,620,096.85. This represents a 5.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP William C. Werner sold 7,000 shares of the stock in a transaction on Friday, December 5th. The shares were sold at an average price of $91.09, for a total value of $637,630.00. Following the transaction, the executive vice president directly owned 50,498 shares of the company’s stock, valued at approximately $4,599,862.82. This trade represents a 12.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Friedenthal Financial bought a new stake in shares of BJ’s Wholesale Club in the 2nd quarter worth approximately $834,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in BJ’s Wholesale Club in the 2nd quarter worth $577,000. Maverick Capital Ltd. bought a new stake in BJ’s Wholesale Club in the first quarter worth $3,286,000. First Citizens Bank & Trust Co. boosted its position in BJ’s Wholesale Club by 252.8% during the second quarter. First Citizens Bank & Trust Co. now owns 13,326 shares of the company’s stock valued at $1,437,000 after buying an additional 9,549 shares during the period. Finally, Strs Ohio purchased a new stake in BJ’s Wholesale Club during the first quarter valued at about $24,569,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Price Performance

Shares of NYSE:BJ opened at $95.69 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. The stock has a market cap of $12.52 billion, a PE ratio of 22.05, a price-to-earnings-growth ratio of 2.57 and a beta of 0.31. The stock’s fifty day simple moving average is $91.69 and its two-hundred day simple moving average is $99.31. BJ’s Wholesale Club has a 1-year low of $86.68 and a 1-year high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Friday, November 21st. The company reported $1.16 EPS for the quarter, beating the consensus estimate of $1.09 by $0.07. BJ’s Wholesale Club had a net margin of 2.72% and a return on equity of 28.66%. The company had revenue of $5.35 billion during the quarter, compared to the consensus estimate of $5.35 billion. During the same quarter in the prior year, the company posted $1.18 earnings per share. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. As a group, analysts forecast that BJ’s Wholesale Club will post 3.96 EPS for the current fiscal year.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.