Analysts Set BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Target Price at $111.43

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has earned an average rating of “Hold” from the nineteen brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $109.6429.

Several equities analysts recently weighed in on BJ shares. DA Davidson reissued a “buy” rating and issued a $123.00 target price on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Barclays cut shares of BJ’s Wholesale Club from an “equal weight” rating to an “underweight” rating and reduced their price objective for the stock from $115.00 to $90.00 in a research report on Wednesday, January 7th. Morgan Stanley cut their price objective on shares of BJ’s Wholesale Club from $115.00 to $105.00 and set an “equal weight” rating for the company in a research report on Monday, November 24th. BTIG Research reiterated a “buy” rating and set a $120.00 target price on shares of BJ’s Wholesale Club in a research note on Friday, November 21st. Finally, Deutsche Bank Aktiengesellschaft started coverage on BJ’s Wholesale Club in a report on Thursday, January 8th. They issued a “hold” rating on the stock.

Insider Transactions at BJ’s Wholesale Club

In other news, EVP William C. Werner sold 7,000 shares of BJ’s Wholesale Club stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 50,498 shares in the company, valued at approximately $4,599,862.82. The trade was a 12.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert W. Eddy sold 17,898 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $89.71, for a total value of $1,605,629.58. Following the completion of the transaction, the chief executive officer directly owned 296,735 shares of the company’s stock, valued at approximately $26,620,096.85. This trade represents a 5.69% decrease in their position. The SEC filing for this sale provides additional information. 1.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

Institutional investors and hedge funds have recently made changes to their positions in the business. Norden Group LLC boosted its stake in BJ’s Wholesale Club by 7.1% in the fourth quarter. Norden Group LLC now owns 7,402 shares of the company’s stock valued at $666,000 after acquiring an additional 490 shares during the last quarter. Tilia Fiduciary Partners Inc. boosted its position in shares of BJ’s Wholesale Club by 3.6% during the 4th quarter. Tilia Fiduciary Partners Inc. now owns 27,243 shares of the company’s stock valued at $2,453,000 after acquiring an additional 954 shares during the last quarter. Legacy Wealth Asset Management LLC grew its position in BJ’s Wholesale Club by 82.3% in the fourth quarter. Legacy Wealth Asset Management LLC now owns 4,431 shares of the company’s stock worth $399,000 after acquiring an additional 2,001 shares in the last quarter. Congress Asset Management Co. boosted its stake in BJ’s Wholesale Club by 13.8% in the fourth quarter. Congress Asset Management Co. now owns 344,146 shares of the company’s stock worth $30,983,000 after buying an additional 41,817 shares in the last quarter. Finally, Wedmont Private Capital grew its stake in shares of BJ’s Wholesale Club by 16.3% during the fourth quarter. Wedmont Private Capital now owns 3,412 shares of the company’s stock valued at $301,000 after buying an additional 479 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Trading Up 0.2%

Shares of NYSE:BJ traded up $0.22 during trading on Wednesday, hitting $95.63. 101,364 shares of the company’s stock were exchanged, compared to its average volume of 1,620,077. 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 firm has a market cap of $12.51 billion, a P/E ratio of 22.02, a PEG ratio of 2.55 and a beta of 0.33. The firm has a 50-day moving average price of $91.75 and a two-hundred day moving average price of $96.73. 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 posted its quarterly earnings results on Friday, November 21st. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.07. BJ’s Wholesale Club had a return on equity of 28.66% and a net margin of 2.72%.The business had revenue of $5.35 billion for the quarter, compared to analyst estimates of $5.35 billion. During the same period last year, the company earned $1.18 EPS. The firm’s revenue 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. Equities analysts predict that BJ’s Wholesale Club will post 3.96 earnings per share for the current year.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.