Brokerages Set BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) PT at $105.27

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has been given a consensus rating of “Hold” by the eighteen ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $105.2667.

A number of equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Bank of America assumed coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They issued a “neutral” rating and a $110.00 price objective for the company. UBS Group reissued a “buy” rating and issued a $109.00 price objective on shares of BJ’s Wholesale Club in a research report on Tuesday, May 26th. Citigroup cut their price objective on shares of BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating for the company in a research report on Tuesday, May 26th. Finally, Evercore reissued a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th.

Insider Activity at BJ’s Wholesale Club

In related news, SVP Joseph Mcgrail sold 2,050 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the completion of the sale, the senior vice president directly owned 14,769 shares in the company, valued at approximately $1,346,785.11. The trade was a 12.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of the business’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 transaction of $1,520,805.00. Following the completion of the sale, the executive vice president owned 20,471 shares of the company’s stock, valued at approximately $1,886,812.07. The trade was a 44.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 26,550 shares of company stock worth $2,435,905. 1.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

A number of institutional investors have recently bought and sold shares of BJ. BOK Financial Private Wealth Inc. purchased a new stake in BJ’s Wholesale Club during the fourth quarter worth approximately $25,000. Strive Financial Group LLC purchased a new stake in BJ’s Wholesale Club during the fourth quarter worth approximately $25,000. Essential Partners LLC grew its stake in BJ’s Wholesale Club by 81.3% during the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after buying an additional 130 shares during the period. Parkside Financial Bank & Trust grew its stake in BJ’s Wholesale Club by 147.9% during the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after buying an additional 173 shares during the period. Finally, Sunbelt Securities Inc. purchased a new stake in BJ’s Wholesale Club during the third quarter worth approximately $34,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Stock Performance

Shares of BJ opened at $90.95 on Friday. The stock has a market cap of $11.61 billion, a P/E ratio of 20.91, a PEG ratio of 3.39 and a beta of 0.23. BJ’s Wholesale Club has a 12-month low of $83.65 and a 12-month high of $115.43. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average of $92.33 and a two-hundred day moving average of $94.07.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings data on Friday, May 22nd. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. The business had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.44 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The company’s revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.14 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, research analysts predict that BJ’s Wholesale Club will post 4.51 EPS for the current fiscal year.

BJ’s Wholesale Club Company Profile

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.