BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• BJ's Wholesale Club Holdings, Inc. is rated with a consensus of “Moderate Buy” by analysts, with nine hold recommendations and ten buys from nineteen covering firms.
• Recent target prices for BJ's shares have been adjusted, with Evercore ISI lowering theirs from $117.00 to $110.00 and DA Davidson from $140.00 to $123.00.
• Insider trading activity included CEO Robert W. Eddy selling 17,900 shares and EVP Paul Cichocki selling 58,436 shares, indicating a decrease in their ownership positions.

Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the nineteen ratings firms that are presently covering the stock, MarketBeat reports. Nine research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $113.1765.

A number of research firms recently issued reports on BJ. Jefferies Financial Group reissued a "buy" rating on shares of BJ's Wholesale Club in a research note on Friday, August 22nd. Evercore ISI lowered their target price on BJ's Wholesale Club from $117.00 to $110.00 and set an "in-line" rating for the company in a research note on Monday, August 25th. DA Davidson lowered their target price on BJ's Wholesale Club from $140.00 to $123.00 and set a "buy" rating for the company in a research note on Monday, August 25th. UBS Group lowered their target price on BJ's Wholesale Club from $135.00 to $125.00 and set a "buy" rating for the company in a research note on Monday, August 25th. Finally, Citigroup lowered their target price on BJ's Wholesale Club from $120.00 to $115.00 and set a "buy" rating for the company in a research note on Monday, August 25th.

Insider Activity at BJ's Wholesale Club

In other news, CEO Robert W. Eddy sold 17,900 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $107.08, for a total transaction of $1,916,732.00. Following the completion of the transaction, the chief executive officer directly owned 368,333 shares of the company's stock, valued at $39,441,097.64. This trade represents a 4.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Cichocki sold 58,436 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $110.08, for a total transaction of $6,432,634.88. Following the transaction, the executive vice president directly owned 114,127 shares of the company's stock, valued at $12,563,100.16. This represents a 33.86% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 120,161 shares of company stock valued at $13,023,303 over the last ninety days. Company insiders own 1.40% of the company's stock.

Hedge Funds Weigh In On BJ's Wholesale Club

Several hedge funds have recently made changes to their positions in the business. Oliver Lagore Vanvalin Investment Group bought a new position in shares of BJ's Wholesale Club in the second quarter valued at $26,000. REAP Financial Group LLC grew its stake in shares of BJ's Wholesale Club by 152.5% in the second quarter. REAP Financial Group LLC now owns 250 shares of the company's stock valued at $27,000 after buying an additional 151 shares in the last quarter. Atlantic Edge Private Wealth Management LLC bought a new position in shares of BJ's Wholesale Club in the first quarter valued at $33,000. Ameritas Advisory Services LLC bought a new position in shares of BJ's Wholesale Club in the second quarter valued at $35,000. Finally, HM Payson & Co. bought a new position in shares of BJ's Wholesale Club in the first quarter valued at $41,000. 98.60% of the stock is owned by institutional investors.

BJ's Wholesale Club Stock Performance

Shares of NYSE:BJ opened at $96.23 on Thursday. The company has a market capitalization of $12.68 billion, a price-to-earnings ratio of 22.07, a P/E/G ratio of 2.60 and a beta of 0.40. The firm's 50 day simple moving average is $104.93 and its 200 day simple moving average is $109.50. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.79 and a quick ratio of 0.17. BJ's Wholesale Club has a fifty-two week low of $76.33 and a fifty-two week high of $121.10.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings results on Friday, August 22nd. The company reported $1.14 earnings per share for the quarter, beating analysts' consensus estimates of $1.10 by $0.04. The business had revenue of $5.38 billion for the quarter, compared to the consensus estimate of $5.49 billion. BJ's Wholesale Club had a net margin of 2.77% and a return on equity of 30.40%. BJ's Wholesale Club's revenue for the quarter was up 3.2% on a year-over-year basis. During the same period last year, the company posted $1.09 EPS. BJ's Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. As a group, sell-side analysts forecast that BJ's Wholesale Club will post 3.96 earnings per share for the current year.

About BJ's Wholesale Club

BJ's Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.

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