BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Free Report) has earned an average rating of “Hold” from the twenty research firms that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $107.6250.
Several equities analysts have issued reports on BJ shares. Barclays cut BJ’s Wholesale Club from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $115.00 to $90.00 in a research report on Wednesday, January 7th. The Goldman Sachs Group decreased their price target on BJ’s Wholesale Club from $139.00 to $123.00 and set a “buy” rating on the stock in a research note on Monday, February 2nd. Deutsche Bank Aktiengesellschaft began coverage on BJ’s Wholesale Club in a report on Thursday, January 8th. They set a “hold” rating on the stock. Morgan Stanley cut their price objective on BJ’s Wholesale Club from $105.00 to $100.00 and set an “equal weight” rating for the company in a research report on Thursday, January 15th. Finally, Robert W. Baird reduced their target price on BJ’s Wholesale Club from $130.00 to $115.00 and set an “outperform” rating for the company in a report on Monday, November 24th.
Check Out Our Latest Report on BJ
BJ’s Wholesale Club Stock Up 0.5%
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last issued its earnings results on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.03. The business had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.54 billion. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. The business’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts forecast that BJ’s Wholesale Club will post 3.96 earnings per share for the current year.
Institutional Trading of BJ’s Wholesale Club
Several hedge funds and other institutional investors have recently made changes to their positions in BJ. Massachusetts Financial Services Co. MA increased its position in shares of 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 valued at $446,817,000 after buying an additional 1,152,591 shares in the last quarter. Mirabella Financial Services LLP boosted its position in shares of BJ’s Wholesale Club by 158.2% in the 3rd quarter. Mirabella Financial Services LLP now owns 21,167 shares of the company’s stock worth $1,970,000 after buying an additional 12,970 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in BJ’s Wholesale Club by 22.4% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 100,007 shares of the company’s stock valued at $9,326,000 after acquiring an additional 18,288 shares during the last quarter. Amica Mutual Insurance Co. grew its stake in BJ’s Wholesale Club by 18.9% in the 3rd quarter. Amica Mutual Insurance Co. now owns 118,540 shares of the company’s stock valued at $11,054,000 after acquiring an additional 18,876 shares during the last quarter. Finally, Boston Trust Walden Corp increased its holdings in BJ’s Wholesale Club by 7.3% during the 3rd quarter. Boston Trust Walden Corp now owns 924,785 shares of the company’s stock valued at $86,236,000 after acquiring an additional 62,903 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.
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.
Further Reading
Receive News & Ratings for BJ's Wholesale Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Wholesale Club and related companies with MarketBeat.com's FREE daily email newsletter.
