BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Receives Consensus Recommendation of “Hold” from Analysts

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has been assigned a consensus recommendation of “Hold” from the twenty brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $107.6250.

A number of equities analysts have weighed in on the company. TD Cowen reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, November 24th. Morgan Stanley reduced their target price on shares of BJ’s Wholesale Club from $105.00 to $100.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th. Wells Fargo & Company lowered 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 research note on Wednesday, November 12th. Weiss Ratings restated a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Monday, December 29th. Finally, UBS Group restated a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday, November 24th.

BJ’s Wholesale Club Trading Up 0.6%

Shares of NYSE:BJ opened at $99.18 on Friday. The firm has a market cap of $12.98 billion, a price-to-earnings ratio of 22.85, a PEG ratio of 2.56 and a beta of 0.36. BJ’s Wholesale Club has a 12 month low of $86.68 and a 12 month high of $121.10. The company’s fifty day simple moving average is $92.88 and its 200 day simple moving average is $95.42. The company has a quick ratio of 0.16, a current ratio of 0.79 and a debt-to-equity ratio of 0.18.

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

Insider Buying and Selling at BJ’s Wholesale Club

In other news, EVP William C. Werner sold 7,000 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $91.09, for a total transaction of $637,630.00. Following the sale, the executive vice president owned 50,498 shares in the company, valued at $4,599,862.82. This represents a 12.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 1.40% of the stock is owned by company insiders.

Institutional Trading of BJ’s Wholesale Club

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. North Dakota State Investment Board bought a new position in shares of BJ’s Wholesale Club in the 4th quarter valued at about $414,000. iA Global Asset Management Inc. grew its holdings in BJ’s Wholesale Club by 35.1% during the fourth quarter. iA Global Asset Management Inc. now owns 5,213 shares of the company’s stock worth $469,000 after purchasing an additional 1,355 shares during the period. AlphaCore Capital LLC increased its position in BJ’s Wholesale Club by 12.5% during the fourth quarter. AlphaCore Capital LLC now owns 3,820 shares of the company’s stock worth $344,000 after buying an additional 423 shares during the last quarter. Applied Finance Capital Management LLC raised its stake in BJ’s Wholesale Club by 90.3% in the fourth quarter. Applied Finance Capital Management LLC now owns 5,352 shares of the company’s stock valued at $482,000 after buying an additional 2,540 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in BJ’s Wholesale Club by 936.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 19,955 shares of the company’s stock valued at $1,797,000 after buying an additional 18,030 shares during the period. 98.60% of the stock is owned by institutional investors.

About BJ’s Wholesale Club

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.