BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Given Consensus Recommendation of “Moderate Buy” by Analysts

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has been given an average rating of “Moderate Buy” by the eighteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Nine analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $111.4286.

A number of equities research analysts have recently weighed in on BJ shares. Weiss Ratings reissued a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Monday, December 29th. Wells Fargo & Company decreased their price target on BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 12th. JPMorgan Chase & Co. lowered their price objective on BJ’s Wholesale Club from $110.00 to $90.00 and set a “neutral” rating for the company in a research report on Monday, November 10th. DA Davidson reissued a “buy” rating and set a $123.00 price objective on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $120.00 target price on shares of BJ’s Wholesale Club in a research note on Friday, November 21st.

Insiders Place Their Bets

In other news, CEO Robert W. Eddy sold 17,898 shares of the 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 sale, 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP William C. Werner sold 7,000 shares of the business’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $91.09, for a total value of $637,630.00. Following the transaction, the executive vice president owned 50,498 shares in the company, valued at approximately $4,599,862.82. This represents a 12.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

Large investors have recently made changes to their positions in the business. Friedenthal Financial bought a new position in BJ’s Wholesale Club during the second quarter valued at approximately $834,000. Boston Trust Walden Corp grew its position in BJ’s Wholesale Club by 7.3% in the 3rd quarter. Boston Trust Walden Corp now owns 924,785 shares of the company’s stock worth $86,236,000 after purchasing an additional 62,903 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in BJ’s Wholesale Club during the 2nd quarter valued at $577,000. Congress Asset Management Co. lifted its holdings in shares of BJ’s Wholesale Club by 12.5% during the 3rd quarter. Congress Asset Management Co. now owns 302,329 shares of the company’s stock valued at $28,192,000 after buying an additional 33,700 shares during the period. Finally, First Citizens Bank & Trust Co. lifted its holdings in shares of BJ’s Wholesale Club by 252.8% during the 2nd quarter. First Citizens Bank & Trust Co. now owns 13,326 shares of the company’s stock valued at $1,437,000 after buying an additional 9,549 shares during the period. 98.60% of the stock is currently owned by institutional investors.

BJ’s Wholesale Club Trading Down 2.5%

BJ stock opened at $90.88 on Wednesday. The company has a market capitalization of $11.89 billion, a PE ratio of 20.94, a price-to-earnings-growth ratio of 2.56 and a beta of 0.33. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.16 and a current ratio of 0.79. BJ’s Wholesale Club has a one year low of $86.68 and a one year high of $121.10. The company’s 50 day moving average price is $91.61 and its two-hundred day moving average price is $97.54.

BJ’s Wholesale Club (NYSE:BJ) last released 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 analyst estimates of $5.35 billion. BJ’s Wholesale Club had a net margin of 2.72% and a return on equity of 28.66%. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.18 EPS. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. As a group, analysts predict that BJ’s Wholesale Club will post 3.96 earnings per share 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.