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

Key Points

• BJ's Wholesale Club Holdings, Inc. has received an average consensus recommendation of "Moderate Buy" from eighteen ratings firms, with half assigning buy and hold ratings.
• Recent price target adjustments by analysts include a reduction from $113.00 to $110.00 by JPMorgan Chase, reflecting a more cautious outlook.
• The company reported $1.14 earnings per share for the last quarter, surpassing expectations, but its revenue of $5.38 billion fell below analyst estimates of $5.49 billion.

Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) have received an average recommendation of "Moderate Buy" from the eighteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Nine investment analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $114.6250.

Several equities research analysts recently weighed in on BJ shares. JPMorgan Chase & Co. reduced their target price on BJ's Wholesale Club from $113.00 to $110.00 and set a "neutral" rating for the company in a report on Monday, August 25th. Wall Street Zen lowered BJ's Wholesale Club from a "buy" rating to a "hold" rating in a report on Saturday, August 16th. Gordon Haskett lowered BJ's Wholesale Club from a "buy" rating to a "hold" rating and set a $105.00 price target for the company. in a report on Friday, August 15th. UBS Group cut their price target on BJ's Wholesale Club from $135.00 to $125.00 and set a "buy" rating for the company in a report on Monday, August 25th. Finally, DA Davidson cut their price target on BJ's Wholesale Club from $140.00 to $123.00 and set a "buy" rating for the company in a report on Monday, August 25th.

Insider Activity

In other news, EVP Paul Cichocki sold 58,436 shares of the business'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 sale, the executive vice president directly owned 114,127 shares in the company, valued at approximately $12,563,100.16. The trade was a 33.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Graham Luce sold 6,300 shares of the business's stock in a transaction that occurred on Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total value of $629,118.00. Following the sale, the executive vice president owned 11,617 shares in the company, valued at approximately $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. Over the last ninety days, insiders have sold 126,461 shares of company stock worth $13,652,421. Company insiders own 1.40% of the company's stock.

Institutional Trading of BJ's Wholesale Club

Large investors have recently bought and sold shares of the stock. Oliver Lagore Vanvalin Investment Group acquired a new position in BJ's Wholesale Club during the second quarter worth $26,000. REAP Financial Group LLC raised its stake in BJ's Wholesale Club by 152.5% during the second quarter. REAP Financial Group LLC now owns 250 shares of the company's stock worth $27,000 after acquiring an additional 151 shares in the last quarter. Atlantic Edge Private Wealth Management LLC acquired a new position in BJ's Wholesale Club during the first quarter worth $33,000. Ameritas Advisory Services LLC acquired a new position in BJ's Wholesale Club during the second quarter worth $35,000. Finally, HM Payson & Co. acquired a new position in BJ's Wholesale Club during the first quarter worth $41,000. 98.60% of the stock is currently owned by institutional investors.

BJ's Wholesale Club Stock Down 0.8%

BJ opened at $93.07 on Monday. The business has a 50 day moving average price of $101.24 and a 200 day moving average price of $108.55. BJ's Wholesale Club has a twelve month low of $81.63 and a twelve month high of $121.10. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.17 and a current ratio of 0.79. The firm has a market cap of $12.26 billion, a P/E ratio of 21.35, a price-to-earnings-growth ratio of 2.48 and a beta of 0.40.

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

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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