FY2029 Earnings Forecast for BJ Issued By Zacks Research

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) – Equities researchers at Zacks Research issued their FY2029 earnings estimates for BJ’s Wholesale Club in a research note issued to investors on Thursday, March 12th. Zacks Research analyst Team expects that the company will earn $5.12 per share for the year. The consensus estimate for BJ’s Wholesale Club’s current full-year earnings is $3.96 per share.

A number of other research firms have also recently issued reports on BJ. Deutsche Bank Aktiengesellschaft assumed coverage on BJ’s Wholesale Club in a report on Thursday, January 8th. They issued a “hold” rating for the company. Citigroup reissued a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, February 20th. Robert W. Baird cut their target price on BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating for the company in a research note on Monday, November 24th. William Blair reiterated a “mixed” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Finally, UBS Group reissued a “buy” rating on shares of BJ’s Wholesale Club in a research note on Monday, November 24th. Nine equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $107.63.

BJ’s Wholesale Club Price Performance

Shares of NYSE:BJ opened at $97.71 on Monday. The company’s fifty day moving average price is $96.32 and its 200-day moving average price is $94.23. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.75 and a quick ratio of 0.16. The firm has a market capitalization of $12.67 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 3.38 and a beta of 0.36. BJ’s Wholesale Club has a one year low of $86.68 and a one year high of $121.10.

BJ’s Wholesale Club (NYSE:BJ) last announced its earnings results on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. The business had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.54 billion. During the same period last year, the firm posted $0.93 earnings per share. BJ’s Wholesale Club’s quarterly revenue was up 5.6% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS.

Institutional Trading of BJ’s Wholesale Club

Several large investors have recently added to or reduced their stakes in BJ. Victory Capital Management Inc. raised its holdings in BJ’s Wholesale Club by 57.2% in the 4th quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after purchasing an additional 4,704,423 shares in the last quarter. Norges Bank purchased a new position in shares of BJ’s Wholesale Club during the fourth quarter valued at about $151,765,000. Danica Pension Livsforsikringsaktieselskab purchased a new position in shares of BJ’s Wholesale Club during the third quarter valued at about $110,523,000. Massachusetts Financial Services Co. MA raised its stake in BJ’s Wholesale Club by 31.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock worth $446,817,000 after buying an additional 1,152,591 shares in the last quarter. Finally, State Street Corp raised its stake in BJ’s Wholesale Club by 25.4% in the third quarter. State Street Corp now owns 5,082,478 shares of the company’s stock worth $473,941,000 after buying an additional 1,028,779 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

More BJ’s Wholesale Club News

Here are the key news stories impacting BJ’s Wholesale Club this week:

• Positive Sentiment: Zacks raised BJ’s FY2028 and several late‑2027/2028 quarter EPS estimates (e.g., FY2028 to $4.78, Q3/Q4 2027–2028 lifts), which supports a stronger medium‑term earnings outlook and suggests upside beyond the near term.
• Positive Sentiment: BJ’s is leaning into private‑label (Berkeley Jensen) after sales surged — that can boost margins and customer loyalty if the trend continues. BJ’s Wholesale Club doubles down on Berkeley Jensen as private label sales surge
• Neutral Sentiment: Promotional activity: short‑term member offers (one‑year membership deals, 50¢/gal gas discounts) may help retention and traffic but compress margins near term. You Can Get a One-Year BJ’s Membership for Just $20 Right Now BJ’s members can get 50¢ off every gallon of gas through March 16
• Neutral Sentiment: Analyst commentary from the Q4 call is available (useful for qualitative color on comps, membership trends and margin drivers) but does not change fundamental metrics by itself. The 5 Most Interesting Analyst Questions From BJ’s’s Q4 Earnings Call
• Negative Sentiment: Zacks cut several near‑term EPS estimates (Q1 2027, Q1 2028, Q2 2028 and trimmed FY2027 to $4.50), signaling some expected softness in shorter‑term results that likely weighs on the stock today.

About BJ’s Wholesale Club

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.