Equities research analysts expect BJs Wholesale Club Holdings Inc (NYSE:BJ) to post $0.40 earnings per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for BJs Wholesale Club’s earnings. The highest EPS estimate is $0.44 and the lowest is $0.37. BJs Wholesale Club reported earnings of $0.39 per share in the same quarter last year, which would suggest a positive year over year growth rate of 2.6%. The business is expected to announce its next quarterly earnings report on Tuesday, November 19th.

On average, analysts expect that BJs Wholesale Club will report full-year earnings of $1.48 per share for the current financial year, with EPS estimates ranging from $1.45 to $1.51. For the next financial year, analysts expect that the business will report earnings of $1.65 per share, with EPS estimates ranging from $1.59 to $1.68. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that cover BJs Wholesale Club.

BJs Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Thursday, August 22nd. The company reported $0.39 EPS for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.02. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.39 billion. BJs Wholesale Club had a net margin of 1.59% and a negative return on equity of 107.71%. The firm’s revenue was up 1.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.31 earnings per share.

Several research firms have recently weighed in on BJ. Goldman Sachs Group started coverage on BJs Wholesale Club in a report on Thursday, July 11th. They set a “buy” rating and a $29.00 price target on the stock. Zacks Investment Research lowered BJs Wholesale Club from a “buy” rating to a “hold” rating in a research report on Tuesday, August 27th. ValuEngine upgraded BJs Wholesale Club from a “sell” rating to a “hold” rating in a research note on Thursday, August 22nd. Deutsche Bank upped their price objective on BJs Wholesale Club from $29.00 to $31.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. Finally, UBS Group increased their price objective on BJs Wholesale Club from $28.00 to $30.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. Four analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. BJs Wholesale Club currently has a consensus rating of “Buy” and an average target price of $30.10.

In other BJs Wholesale Club news, CEO Christopher J. Baldwin sold 30,147 shares of the firm’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $24.07, for a total value of $725,638.29. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Jonathan A. Seiffer sold 75,000 shares of the firm’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $23.72, for a total value of $1,779,000.00. Insiders sold 3,363,730 shares of company stock worth $86,435,352 over the last quarter. 17.70% of the stock is currently owned by company insiders.

A number of large investors have recently added to or reduced their stakes in BJ. William Blair Investment Management LLC purchased a new stake in BJs Wholesale Club during the second quarter valued at approximately $144,291,000. Invesco Ltd. raised its position in shares of BJs Wholesale Club by 2,391.0% during the 2nd quarter. Invesco Ltd. now owns 2,169,925 shares of the company’s stock valued at $57,286,000 after buying an additional 2,082,816 shares during the period. Nuveen Asset Management LLC purchased a new stake in shares of BJs Wholesale Club during the second quarter worth $53,367,000. Victory Capital Management Inc. boosted its stake in BJs Wholesale Club by 161.0% in the second quarter. Victory Capital Management Inc. now owns 3,135,680 shares of the company’s stock valued at $82,782,000 after acquiring an additional 1,934,470 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of BJs Wholesale Club by 17.1% in the second quarter. Vanguard Group Inc. now owns 12,142,930 shares of the company’s stock valued at $320,574,000 after buying an additional 1,774,604 shares during the last quarter.

BJs Wholesale Club stock traded up $0.02 during trading hours on Friday, reaching $25.15. 2,657,780 shares of the company’s stock traded hands, compared to its average volume of 1,260,070. The firm has a market capitalization of $3.44 billion, a price-to-earnings ratio of 22.06, a PEG ratio of 1.49 and a beta of 1.43. The firm’s 50 day moving average is $25.88 and its 200-day moving average is $25.68. BJs Wholesale Club has a fifty-two week low of $19.31 and a fifty-two week high of $29.41.

About BJs Wholesale Club

BJ's Wholesale Club Holdings, Inc operates as a warehouse club on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products. The company also sells electronics, computers, office supplies and equipment, home products, health and beauty aids, sporting goods, outdoor living, baby products, toys, and jewelry through Website.

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Earnings History and Estimates for BJs Wholesale Club (NYSE:BJ)

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