BJ’s Wholesale Club (NYSE:BJ) Hits New 1-Year Low – Time to Sell?

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as $86.68 and last traded at $89.9760, with a volume of 545097 shares. The stock had previously closed at $90.59.

Analyst Ratings Changes

A number of research analysts have weighed in on BJ shares. Wells Fargo & Company reduced their price target on shares of BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 12th. Morgan Stanley decreased their price target on shares of BJ’s Wholesale Club from $125.00 to $115.00 and set an “equal weight” rating for the company in a research report on Monday, August 25th. JPMorgan Chase & Co. lowered their price target on BJ’s Wholesale Club from $110.00 to $90.00 and set a “neutral” rating for the company in a report on Monday, November 10th. DA Davidson cut their price objective on BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating on the stock in a research report on Monday, August 25th. Finally, UBS Group decreased their target price on BJ’s Wholesale Club from $135.00 to $125.00 and set a “buy” rating for the company in a research report on Monday, August 25th. Ten investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $111.06.

BJ’s Wholesale Club Price Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.17 and a current ratio of 0.79. The business’s fifty day simple moving average is $92.80 and its 200 day simple moving average is $102.25. The stock has a market cap of $12.08 billion, a price-to-earnings ratio of 21.12, a price-to-earnings-growth ratio of 2.44 and a beta of 0.33.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Friday, November 21st. The company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. BJ’s Wholesale Club had a return on equity of 30.40% and a net margin of 2.77%.The business had revenue of $5.35 billion for the quarter, compared to analyst estimates of $5.35 billion. During the same period in the previous year, the company earned $1.18 earnings per share. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. Research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insider Buying and Selling

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 17,898 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $89.71, for a total value of $1,605,629.58. Following the transaction, the chief executive officer directly owned 296,735 shares of the company’s stock, valued at $26,620,096.85. This represents a 5.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Graham Luce sold 6,300 shares of the firm’s stock in a transaction that occurred 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 $1,160,073.62. The trade was a 35.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On BJ’s Wholesale Club

Hedge funds and other institutional investors have recently modified their holdings of the stock. IFP Advisors Inc lifted its position in shares of BJ’s Wholesale Club by 22.0% during the first quarter. IFP Advisors Inc now owns 510 shares of the company’s stock worth $58,000 after purchasing an additional 92 shares during the last quarter. KLP Kapitalforvaltning AS raised its stake in BJ’s Wholesale Club by 1.4% during the first quarter. KLP Kapitalforvaltning AS now owns 28,200 shares of the company’s stock valued at $3,218,000 after buying an additional 400 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in BJ’s Wholesale Club by 3.5% during the 1st quarter. Venturi Wealth Management LLC now owns 3,087 shares of the company’s stock worth $352,000 after buying an additional 104 shares during the last quarter. Advisor OS LLC grew its position in shares of BJ’s Wholesale Club by 5.0% in the 1st quarter. Advisor OS LLC now owns 2,527 shares of the company’s stock worth $288,000 after acquiring an additional 120 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of BJ’s Wholesale Club by 17.6% in the 1st quarter. Cetera Investment Advisers now owns 43,442 shares of the company’s stock valued at $4,957,000 after acquiring an additional 6,504 shares during the last quarter. Institutional investors own 98.60% of the company’s stock.

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.