Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Free Report) have been assigned an average rating of “Hold” from the twenty ratings firms that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $107.6250.
Several analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their price objective on BJ’s Wholesale Club from $90.00 to $94.00 and gave the company a “neutral” rating in a research report on Thursday, February 26th. Evercore reiterated a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. Robert W. Baird cut their target price on shares of 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. DA Davidson raised their price target on shares of BJ’s Wholesale Club from $110.00 to $114.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, Morgan Stanley lowered their price target on shares of BJ’s Wholesale Club from $105.00 to $100.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th.
Check Out Our Latest Report on BJ
BJ’s Wholesale Club Trading Up 0.5%
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported $0.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.03. The firm had revenue of $5.58 billion for the quarter, compared to analyst estimates of $5.54 billion. BJ’s Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.BJ’s Wholesale Club’s revenue was up 5.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities analysts forecast that BJ’s Wholesale Club will post 3.96 EPS for the current fiscal year.
Institutional Trading of BJ’s Wholesale Club
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Massachusetts Financial Services Co. MA boosted its holdings in shares of BJ’s Wholesale Club by 31.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock worth $446,817,000 after purchasing an additional 1,152,591 shares during the last quarter. Mirabella Financial Services LLP increased its stake in BJ’s Wholesale Club by 158.2% in the third quarter. Mirabella Financial Services LLP now owns 21,167 shares of the company’s stock valued at $1,970,000 after purchasing an additional 12,970 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in BJ’s Wholesale Club by 22.4% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 100,007 shares of the company’s stock worth $9,326,000 after buying an additional 18,288 shares during the period. Boston Trust Walden Corp boosted its stake 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 buying an additional 62,903 shares during the last quarter. Finally, Amica Mutual Insurance Co. boosted 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 worth $11,054,000 after buying an additional 18,876 shares during the last quarter. 98.60% of the stock is owned by hedge funds and other institutional investors.
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
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