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

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has been assigned an average recommendation of “Moderate Buy” from the eighteen research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $105.9333.

A number of equities 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 report on Wednesday, July 8th. Bank of America started coverage on shares of BJ’s Wholesale Club in a research report on Wednesday, May 20th. They set a “neutral” rating and a $110.00 target price on the stock. JPMorgan Chase & Co. lifted their target price on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. UBS Group reiterated a “buy” rating and issued a $109.00 price target on shares of BJ’s Wholesale Club in a report on Tuesday, May 26th. Finally, Citigroup reduced their price target on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a research note on Tuesday, May 26th.

BJ’s Wholesale Club Trading Down 1.2%

Shares of BJ stock opened at $98.82 on Friday. The firm has a 50-day moving average price of $89.37 and a 200 day moving average price of $93.68. BJ’s Wholesale Club has a twelve month low of $83.21 and a twelve month high of $110.92. The company has a market capitalization of $12.62 billion, a price-to-earnings ratio of 22.72, a PEG ratio of 3.73 and a beta of 0.22. The company has a current ratio of 0.73, a quick ratio of 0.18 and a debt-to-equity ratio of 0.19.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.06. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 26.67%. The company had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same period in the prior year, the firm earned $1.14 EPS. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Research analysts forecast that BJ’s Wholesale Club will post 4.51 earnings per share for the current fiscal year.

Insider Activity at BJ’s Wholesale Club

In related news, EVP Scott Schmadeke sold 16,500 shares of the company’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the transaction, the executive vice president directly owned 20,471 shares in the company, valued at approximately $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Institutional Trading of BJ’s Wholesale Club

A number of hedge funds have recently added to or reduced their stakes in the business. BOK Financial Private Wealth Inc. acquired a new position in shares of BJ’s Wholesale Club during the 4th quarter valued at about $25,000. Strive Financial Group LLC acquired a new stake in shares of BJ’s Wholesale Club in the fourth quarter worth approximately $25,000. Essential Partners LLC boosted its position in shares of BJ’s Wholesale Club by 81.2% in the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after acquiring an additional 130 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in BJ’s Wholesale Club by 147.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock valued at $26,000 after purchasing an additional 173 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in BJ’s Wholesale Club during the third quarter worth approximately $34,000. 98.60% of the stock is owned by institutional investors and hedge funds.

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.