BJ’s Wholesale Club (NYSE:BJ) Trading Down 4.9% – Time to Sell?

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) traded down 4.9% during trading on Wednesday . The company traded as low as $92.59 and last traded at $93.5570. 834,270 shares changed hands during trading, a decline of 56% from the average session volume of 1,917,747 shares. The stock had previously closed at $98.42.

Analyst Upgrades and Downgrades

BJ has been the topic of a number of research reports. DA Davidson upped their target price on BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Melius Research cut shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 price target for the company. in a report on Friday, January 23rd. Morgan Stanley lowered their price objective on shares of BJ’s Wholesale Club from $105.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of BJ’s Wholesale Club in a research note on Thursday, January 8th. They issued a “hold” rating on the stock. Finally, Citigroup reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, February 20th. Nine equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $107.63.

BJ’s Wholesale Club Stock Down 3.7%

The stock has a market cap of $12.29 billion, a price-to-earnings ratio of 21.64, a P/E/G ratio of 3.42 and a beta of 0.36. The business has a fifty day moving average of $97.58 and a 200 day moving average of $94.23. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.75 and a quick ratio of 0.16.

BJ’s Wholesale Club (NYSE:BJ) last posted its earnings results on Thursday, March 5th. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. The firm had revenue of $5.58 billion during the quarter, compared to analysts’ expectations of $5.54 billion. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.93 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 earnings per share for the current year.

Institutional Investors Weigh In On BJ’s Wholesale Club

A number of large investors have recently bought and sold shares of BJ. Mirabella Financial Services LLP lifted its holdings in BJ’s Wholesale Club by 158.2% in the 3rd quarter. Mirabella Financial Services LLP now owns 21,167 shares of the company’s stock worth $1,970,000 after purchasing an additional 12,970 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in BJ’s Wholesale Club by 31.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock valued at $446,817,000 after purchasing an additional 1,152,591 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of BJ’s Wholesale Club by 22.4% in the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 100,007 shares of the company’s stock valued at $9,326,000 after purchasing an additional 18,288 shares during the period. Amica Mutual Insurance Co. lifted its stake in shares of BJ’s Wholesale Club by 18.9% in the third quarter. Amica Mutual Insurance Co. now owns 118,540 shares of the company’s stock worth $11,054,000 after buying an additional 18,876 shares during the last quarter. Finally, Boston Trust Walden Corp lifted its stake in shares of BJ’s Wholesale Club by 7.3% in the third quarter. Boston Trust Walden Corp now owns 924,785 shares of the company’s stock worth $86,236,000 after buying an additional 62,903 shares during the last quarter. 98.60% of the stock is currently 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.