BJ’s Wholesale Club (NYSE:BJ) Stock Rating Upgraded by Wall Street Zen

BJ’s Wholesale Club (NYSE:BJ) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Other research analysts have also recently issued research reports about the stock. Weiss Ratings upgraded shares of BJ’s Wholesale Club from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. William Blair lowered BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research note on Monday, August 17th. Citigroup raised their target price on BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a report on Monday, August 24th. UBS Group lifted their target price on BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a research report on Monday, August 24th. Finally, DA Davidson boosted their price target on BJ’s Wholesale Club from $105.00 to $108.00 and gave the company a “buy” rating in a report on Monday, August 24th. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $106.06.

BJ’s Wholesale Club Price Performance

Shares of NYSE:BJ opened at $90.68 on Friday. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $11.45 billion, a PE ratio of 19.84, a price-to-earnings-growth ratio of 3.05 and a beta of 0.21. The firm’s 50 day moving average price is $92.11 and its 200-day moving average price is $93.59. BJ’s Wholesale Club has a twelve month low of $83.21 and a twelve month high of $105.78.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.19. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The company had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same period in the previous year, the business posted $1.14 earnings per share. The firm’s quarterly revenue was up 15.7% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities research analysts expect that BJ’s Wholesale Club will post 4.69 EPS for the current year.

Insider Buying and Selling at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, EVP Scott Schmadeke sold 16,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the transaction, the executive vice president directly owned 20,471 shares in the company, valued at $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Robert W. Eddy sold 73,016 shares of the company’s stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the completion of the transaction, the chief executive officer owned 282,330 shares of the company’s stock, valued at approximately $28,238,646.60. The trade was a 20.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 95,916 shares of company stock valued at $9,458,889 over the last 90 days. 1.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of BJ. BOK Financial Private Wealth Inc. bought a new stake in BJ’s Wholesale Club during the fourth quarter valued at about $25,000. Strive Financial Group LLC purchased a new stake in shares of BJ’s Wholesale Club during the fourth quarter worth about $25,000. Parkside Financial Bank & Trust raised its stake in BJ’s Wholesale Club by 147.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares during the period. Quantbot Technologies LP bought a new stake in BJ’s Wholesale Club during the 2nd quarter valued at approximately $28,000. Finally, Essential Partners LLC lifted its holdings in BJ’s Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after purchasing an additional 130 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

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.