BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Receives Consensus Rating of “Hold” from Brokerages

Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJGet Free Report) have earned a consensus recommendation of “Hold” from the twenty research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $107.50.

Several research analysts recently weighed in on BJ shares. Deutsche Bank Aktiengesellschaft initiated coverage on BJ’s Wholesale Club in a research report on Thursday, January 8th. They issued a “hold” rating on the stock. Jefferies Financial Group downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and cut their price objective for the stock from $120.00 to $90.00 in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Monday, December 29th. Melius Research downgraded shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $100.00 target price for the company. in a research report on Friday, January 23rd. Finally, JPMorgan Chase & Co. cut their price target on shares of BJ’s Wholesale Club from $110.00 to $90.00 and set a “neutral” rating on the stock in a report on Monday, November 10th.

View Our Latest Analysis on BJ

Insiders Place Their Bets

In other BJ’s Wholesale Club news, EVP William C. Werner sold 7,000 shares of the firm’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $91.09, for a total value of $637,630.00. Following the transaction, the executive vice president directly owned 50,498 shares of the company’s stock, valued at $4,599,862.82. This trade represents a 12.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Robert W. Eddy sold 17,898 shares of the business’s stock in a transaction dated 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 owned 296,735 shares in the company, valued at approximately $26,620,096.85. This represents a 5.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On BJ’s Wholesale Club

Several hedge funds have recently modified their holdings of the stock. REAP Financial Group LLC lifted its position in BJ’s Wholesale Club by 152.5% during the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company’s stock worth $27,000 after acquiring an additional 151 shares in the last quarter. Roxbury Financial LLC purchased a new stake in shares of BJ’s Wholesale Club during the third quarter valued at approximately $28,000. Davis Capital Management acquired a new position in shares of BJ’s Wholesale Club during the third quarter worth $28,000. Root Financial Partners LLC acquired a new position in shares of BJ’s Wholesale Club during the third quarter worth $29,000. Finally, Eastern Bank purchased a new position in shares of BJ’s Wholesale Club in the third quarter valued at $29,000. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ’s Wholesale Club Price Performance

BJ opened at $92.36 on Friday. BJ’s Wholesale Club has a 1 year low of $86.68 and a 1 year high of $121.10. The company’s 50 day simple moving average is $92.35 and its 200 day simple moving average is $95.58. The stock has a market capitalization of $12.08 billion, a PE ratio of 21.28, a P/E/G ratio of 2.50 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 (NYSE:BJGet Free Report) last posted its quarterly earnings results on Friday, November 21st. The company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.07. The company had revenue of $5.35 billion for the quarter, compared to the consensus estimate of $5.35 billion. BJ’s Wholesale Club had a net margin of 2.72% and a return on equity of 28.66%. BJ’s Wholesale Club’s revenue was up 4.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.18 earnings per share. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. As a group, sell-side analysts expect that BJ’s Wholesale Club will post 3.96 EPS for the current year.

Key BJ’s Wholesale Club News

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

About BJ’s Wholesale Club

(Get Free Report)

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.

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Analyst Recommendations for BJ's Wholesale Club (NYSE:BJ)

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