BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Stock Has Average Price Target of $106.06 According to Analysts

Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) have earned a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, ten have assigned a buy rating and one has given a strong 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 $106.06.

Several research analysts have weighed in on the stock. Weiss Ratings raised shares of BJ’s Wholesale Club from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. UBS Group boosted their target price on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Wall Street Zen lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. Citigroup increased their price target on shares of BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BJ’s Wholesale Club in a research note on Friday, August 14th.

Insider Transactions at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, EVP William C. Werner sold 3,000 shares of the stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $95.00, for a total transaction of $285,000.00. Following the transaction, the executive vice president owned 50,160 shares of the company’s stock, valued at $4,765,200. This trade represents a 5.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Laura Felice sold 10,000 shares of the stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $110.53, for a total value of $1,105,300.00. Following the transaction, the executive vice president directly owned 84,416 shares in the company, valued at approximately $9,330,500.48. This represents a 10.59% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 228,436 shares of company stock worth $23,343,836. 1.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

Institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at about $1,087,503,000. Wellington Management Group LLP raised its stake in BJ’s Wholesale Club by 15.4% during the second quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company’s stock worth $286,281,000 after acquiring an additional 436,827 shares during the period. Bank of New York Mellon Corp acquired a new stake in BJ’s Wholesale Club during the second quarter worth about $179,649,000. Bank of America Corp DE bought a new position in BJ’s Wholesale Club in the second quarter worth about $108,684,000. Finally, Amundi lifted its holdings in BJ’s Wholesale Club by 31.7% in the second quarter. Amundi now owns 1,122,060 shares of the company’s stock worth $97,866,000 after acquiring an additional 270,253 shares during the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.

BJ’s Wholesale Club Stock Performance

BJ’s Wholesale Club stock opened at $111.44 on Tuesday. The stock has a market cap of $14.08 billion, a P/E ratio of 24.38, a price-to-earnings-growth ratio of 3.26 and a beta of 0.12. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18. The stock has a 50 day moving average of $97.69 and a 200-day moving average of $94.83. BJ’s Wholesale Club has a 52 week low of $83.21 and a 52 week high of $113.35.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.19. The business had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.97 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. The business’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, analysts expect that BJ’s Wholesale Club will post 4.70 EPS for the current fiscal year.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ’s also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.