BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Receives $111.00 Average PT from Analysts

Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) have been given a consensus rating of “Moderate Buy” by the twenty research firms that are covering the firm, Marketbeat reports. Ten research analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $111.0625.

BJ has been the topic of several recent research reports. Gordon Haskett cut BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 price objective on the stock. in a research report on Friday, August 15th. Jefferies Financial Group reaffirmed a “buy” rating on shares of BJ’s Wholesale Club in a research report on Friday, August 22nd. UBS Group dropped their price objective on shares of BJ’s Wholesale Club from $135.00 to $125.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Citigroup decreased their target price on shares of BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Monday, August 25th. Finally, Evercore ISI dropped their price target on shares of BJ’s Wholesale Club from $100.00 to $85.00 and set an “in-line” rating for the company in a research report on Monday, November 17th.

Insiders Place Their Bets

In other news, EVP Graham Luce sold 6,300 shares of the stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total transaction of $629,118.00. Following the sale, the executive vice president directly owned 11,617 shares of the company’s stock, valued at approximately $1,160,073.62. This represents a 35.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert W. Eddy sold 17,898 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $89.71, for a total transaction of $1,605,629.58. Following the completion of the transaction, the chief executive officer directly 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 disclosure for this sale is available in the SEC filing. Corporate insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Friedenthal Financial acquired a new stake in shares of BJ’s Wholesale Club during the 2nd quarter valued at $834,000. Mirae Asset Global Investments Co. Ltd. bought a new position in BJ’s Wholesale Club in the second quarter valued at about $577,000. Maverick Capital Ltd. acquired a new stake in shares of BJ’s Wholesale Club during the first quarter valued at about $3,286,000. Fox Hill Wealth Management acquired a new stake in shares of BJ’s Wholesale Club during the first quarter valued at about $3,532,000. Finally, First Citizens Bank & Trust Co. grew its holdings in shares of 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 worth $1,437,000 after purchasing an additional 9,549 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Stock Up 1.2%

BJ’s Wholesale Club stock opened at $91.67 on Tuesday. The company’s 50-day moving average price is $92.80 and its two-hundred day moving average price is $102.25. The company has a quick ratio of 0.17, a current ratio of 0.79 and a debt-to-equity ratio of 0.19. The stock has a market cap of $12.08 billion, a P/E ratio of 21.12, a P/E/G ratio of 2.44 and a beta of 0.33. BJ’s Wholesale Club has a twelve month low of $86.68 and a twelve month high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last posted 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. The company had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $5.35 billion. BJ’s Wholesale Club had a return on equity of 30.40% and a net margin of 2.77%.The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.18 earnings per share. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. As a group, analysts expect that BJ’s Wholesale Club will post 3.96 EPS for the current 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.