BJ’s Wholesale Club (NYSE:BJ) Price Target Cut to $125.00 by Analysts at UBS Group

BJ’s Wholesale Club (NYSE:BJ) had its price objective lowered by UBS Group from $135.00 to $125.00 in a research report report published on Monday morning,Benzinga reports. UBS Group currently has a buy rating on the stock.

Other research analysts have also recently issued reports about the stock. Robert W. Baird lifted their price target on shares of BJ’s Wholesale Club from $125.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, May 23rd. JPMorgan Chase & Co. lifted their target price on shares of BJ’s Wholesale Club from $109.00 to $123.00 and gave the company a “neutral” rating in a report on Friday, May 9th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $127.00 price target (up from $125.00) on shares of BJ’s Wholesale Club in a research report on Friday, May 23rd. Roth Capital reiterated a “neutral” rating and issued a $106.00 price target (up from $101.00) on shares of BJ’s Wholesale Club in a report on Wednesday, May 28th. Finally, Wall Street Zen cut BJ’s Wholesale Club from a “buy” rating to a “hold” rating in a research note on Saturday, August 16th. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $113.18.

BJ’s Wholesale Club Price Performance

BJ stock opened at $95.36 on Monday. The company has a market cap of $12.59 billion, a PE ratio of 21.87, a price-to-earnings-growth ratio of 2.69 and a beta of 0.43. The company has a current ratio of 0.79, a quick ratio of 0.17 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average price of $106.90 and a two-hundred day moving average price of $110.00. BJ’s Wholesale Club has a 12-month low of $76.33 and a 12-month high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last released its quarterly earnings data on Friday, August 22nd. The company reported $1.14 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.04. BJ’s Wholesale Club had a return on equity of 30.40% and a net margin of 2.77%.The business had revenue of $5.38 billion for the quarter, compared to analyst estimates of $5.49 billion. During the same period in the previous year, the company posted $1.09 EPS. The company’s revenue was up 3.2% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. As a group, research analysts predict that BJ’s Wholesale Club will post 3.96 EPS for the current year.

Insider Transactions at BJ’s Wholesale Club

In related news, EVP Paul Cichocki sold 58,436 shares of BJ’s Wholesale Club stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $110.08, for a total value of $6,432,634.88. Following the completion of the transaction, the executive vice president directly owned 114,127 shares in the company, valued at approximately $12,563,100.16. This trade represents a 33.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Robert W. Eddy sold 17,900 shares of BJ’s Wholesale Club stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $107.08, for a total value of $1,916,732.00. Following the completion of the transaction, the chief executive officer owned 368,333 shares of the company’s stock, valued at approximately $39,441,097.64. The trade was a 4.63% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 138,061 shares of company stock valued at $15,027,745. 1.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

Large investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc lifted its holdings in BJ’s Wholesale Club by 22.0% in the first quarter. IFP Advisors Inc now owns 510 shares of the company’s stock worth $58,000 after buying an additional 92 shares during the period. Fulton Bank N.A. lifted its stake in shares of BJ’s Wholesale Club by 1.9% in the 2nd quarter. Fulton Bank N.A. now owns 5,174 shares of the company’s stock valued at $558,000 after purchasing an additional 98 shares during the period. Louisiana State Employees Retirement System boosted its position in shares of BJ’s Wholesale Club by 0.3% during the second quarter. Louisiana State Employees Retirement System now owns 37,100 shares of the company’s stock valued at $4,000,000 after purchasing an additional 100 shares in the last quarter. State of Michigan Retirement System boosted its position in shares of BJ’s Wholesale Club by 0.3% during the second quarter. State of Michigan Retirement System now owns 31,715 shares of the company’s stock valued at $3,420,000 after purchasing an additional 100 shares in the last quarter. Finally, Greenleaf Trust grew its stake in BJ’s Wholesale Club by 4.3% in the first quarter. Greenleaf Trust now owns 2,450 shares of the company’s stock worth $280,000 after purchasing an additional 101 shares during the period. 98.60% of the stock is owned by institutional investors and hedge funds.

BJ’s Wholesale Club Company Profile

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.