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

Key Points

• Analysts have given BJ's Wholesale Club a consensus rating of "Moderate Buy", with ten hold and ten buy recommendations among the twenty brokerages covering the stock.
• The company's latest earnings report revealed an EPS of $1.14, beating estimates of $1.10, though its revenue of $5.38 billion fell short of the expected $5.49 billion.
• Stock insiders have shown significant selling activity, with an executive vice president selling over 58,000 shares for approximately $6.43 million, reflecting a notable decrease in their shareholding position.

Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) have earned an average recommendation of "Moderate Buy" from the twenty brokerages that are covering the stock, Marketbeat reports. Ten analysts have rated the stock with a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $114.6471.

Several equities research analysts have commented on BJ shares. Weiss Ratings lowered shares of BJ's Wholesale Club from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday, October 8th. Jefferies Financial Group reaffirmed a "buy" rating on shares of BJ's Wholesale Club in a research report on Friday, August 22nd. Citigroup decreased their price target on BJ's Wholesale Club from $120.00 to $115.00 and set a "buy" rating for the company in a research report on Monday, August 25th. Gordon Haskett lowered BJ's Wholesale Club from a "buy" rating to a "hold" rating and set a $105.00 target price for the company. in a research report on Friday, August 15th. Finally, BTIG Research assumed coverage on BJ's Wholesale Club in a research report on Tuesday, October 14th. They set a "buy" rating and a $120.00 target price for the company.

BJ's Wholesale Club Trading Down 0.5%

NYSE BJ opened at $93.45 on Friday. The firm has a market capitalization of $12.31 billion, a P/E ratio of 21.43, a PEG ratio of 2.50 and a beta of 0.36. The business has a fifty day simple moving average of $96.04 and a 200 day simple moving average of $105.99. BJ's Wholesale Club has a 12 month low of $83.92 and a 12 month high of $121.10. The company has a current ratio of 0.79, a quick ratio of 0.17 and a debt-to-equity ratio of 0.19.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its earnings results on Friday, August 22nd. The company reported $1.14 EPS for the quarter, beating the consensus estimate of $1.10 by $0.04. The company had revenue of $5.38 billion during 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%. The firm's revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.09 earnings per share. BJ's Wholesale Club has set its FY 2025 guidance at 4.200-4.35 EPS. On average, analysts predict that BJ's Wholesale Club will post 3.96 EPS for the current fiscal year.

Insider Transactions at BJ's Wholesale Club

In other news, EVP Paul Cichocki sold 58,436 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $110.08, for a total transaction of $6,432,634.88. Following the completion of the sale, the executive vice president owned 114,127 shares in the company, valued at $12,563,100.16. This trade represents a 33.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Graham Luce sold 6,300 shares of the firm's stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total value of $629,118.00. Following the completion of the sale, the executive vice president directly owned 11,617 shares of the company's stock, valued at $1,160,073.62. This represents a 35.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.40% of the company's stock.

Hedge Funds Weigh In On BJ's Wholesale Club

Several large investors have recently modified their holdings of the business. GAMMA Investing LLC raised its stake in shares of BJ's Wholesale Club by 52.8% during the 1st quarter. GAMMA Investing LLC now owns 6,040 shares of the company's stock valued at $689,000 after purchasing an additional 2,087 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in BJ's Wholesale Club by 92.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 21,456 shares of the company's stock valued at $2,448,000 after buying an additional 10,326 shares in the last quarter. Continuum Advisory LLC grew its holdings in BJ's Wholesale Club by 1,515.6% during the 1st quarter. Continuum Advisory LLC now owns 517 shares of the company's stock valued at $59,000 after buying an additional 485 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in BJ's Wholesale Club by 6.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 3,642 shares of the company's stock valued at $416,000 after buying an additional 207 shares in the last quarter. Finally, Asset Management One Co. Ltd. purchased a new position in BJ's Wholesale Club during the 1st quarter valued at about $7,408,000. Hedge funds and other institutional investors own 98.60% of the company's stock.

BJ's Wholesale Club Company Profile

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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