BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)’s share price dropped 5.7% on Friday . The stock traded as low as $41.33 and last traded at $42.00. Approximately 4,486,057 shares changed hands during mid-day trading, an increase of 84% from the average daily volume of 2,444,446 shares. The stock had previously closed at $44.55.

Several analysts have commented on BJ shares. Berenberg Bank started coverage on BJ’s Wholesale Club in a research note on Wednesday. They set a “buy” rating on the stock. Jefferies Financial Group increased their target price on BJ’s Wholesale Club from $44.00 to $49.00 and gave the company a “buy” rating in a research note on Monday, August 17th. ValuEngine downgraded BJ’s Wholesale Club from a “hold” rating to a “sell” rating in a research note on Wednesday, September 2nd. Northcoast Research increased their target price on BJ’s Wholesale Club from $45.00 to $54.00 and gave the company a “buy” rating in a research note on Tuesday, August 25th. Finally, The Goldman Sachs Group upgraded BJ’s Wholesale Club from a “buy” rating to a “conviction-buy” rating in a research note on Monday, September 21st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $42.27.

The company has a market cap of $5.79 billion, a P/E ratio of 19.53, a P/E/G ratio of 1.01 and a beta of 0.49. The company has a quick ratio of 0.23, a current ratio of 0.80 and a debt-to-equity ratio of 10.09. The business’s 50 day moving average is $40.60 and its 200 day moving average is $38.78.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Wednesday, November 18th. The company reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.65 by $0.27. BJ’s Wholesale Club had a net margin of 2.07% and a negative return on equity of 17,420.37%. As a group, equities research analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 2.64 EPS for the current year.

In related news, EVP Brian Poulliot sold 15,000 shares of the company’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $46.30, for a total transaction of $694,500.00. Following the completion of the transaction, the executive vice president now owns 134,685 shares in the company, valued at approximately $6,235,915.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Christopher J. Baldwin sold 265,562 shares of the company’s stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $40.74, for a total transaction of $10,818,995.88. Following the transaction, the director now owns 446,083 shares of the company’s stock, valued at approximately $18,173,421.42. The disclosure for this sale can be found here. Insiders sold 491,129 shares of company stock worth $20,393,190 over the last ninety days. Corporate insiders own 4.20% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. Paces Ferry Wealth Advisors LLC acquired a new stake in BJ’s Wholesale Club in the 3rd quarter valued at about $31,000. CWM LLC grew its stake in shares of BJ’s Wholesale Club by 51.2% in the 3rd quarter. CWM LLC now owns 788 shares of the company’s stock valued at $33,000 after buying an additional 267 shares during the period. Neo Ivy Capital Management purchased a new stake in shares of BJ’s Wholesale Club in the 3rd quarter valued at approximately $33,000. Cerebellum GP LLC purchased a new stake in shares of BJ’s Wholesale Club in the 3rd quarter valued at approximately $36,000. Finally, Creative Financial Designs Inc. ADV purchased a new stake in shares of BJ’s Wholesale Club in the 3rd quarter valued at approximately $38,000. Institutional investors own 99.09% of the company’s stock.

About BJ’s Wholesale Club (NYSE:BJ)

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products, as well as gasoline and other ancillary services. The company also sells its products through its website and mobile app.

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