BJ's Wholesale Club (NYSE:BJ) Releases Earnings Results, Beats Estimates By $0.23 EPS

BJ's Wholesale Club (NYSE:BJ - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $1.14 EPS for the quarter, beating the consensus estimate of $0.91 by $0.23, RTT News reports. BJ's Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. BJ's Wholesale Club's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the firm posted $0.85 earnings per share. BJ's Wholesale Club updated its FY 2025 guidance to 4.100-4.30 EPS.

BJ's Wholesale Club Price Performance

NYSE:BJ traded down $2.26 during midday trading on Thursday, hitting $115.24. 368,243 shares of the stock were exchanged, compared to its average volume of 1,677,851. The business has a 50-day moving average price of $114.54 and a two-hundred day moving average price of $103.31. The company has a current ratio of 0.76, a quick ratio of 0.14 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $15.17 billion, a price-to-earnings ratio of 27.79, a P/E/G ratio of 4.50 and a beta of 0.59. BJ's Wholesale Club has a one year low of $76.33 and a one year high of $122.53.

Analysts Set New Price Targets

A number of analysts have recently weighed in on BJ shares. DA Davidson increased their price target on BJ's Wholesale Club from $123.00 to $130.00 and gave the stock a "buy" rating in a research report on Friday, March 7th. Argus upgraded BJ's Wholesale Club to a "hold" rating in a research note on Friday, April 4th. Cowen reaffirmed a "buy" rating on shares of BJ's Wholesale Club in a research report on Friday, March 7th. JPMorgan Chase & Co. boosted their price target on shares of BJ's Wholesale Club from $109.00 to $123.00 and gave the company a "neutral" rating in a report on Friday, May 9th. Finally, Morgan Stanley upped their price target on shares of BJ's Wholesale Club from $98.00 to $115.00 and gave the stock an "equal weight" rating in a research report on Friday, March 7th. Seven equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $112.06.

Insider Activity

In related news, Director Robert Allan Steele sold 11,813 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $107.59, for a total transaction of $1,270,960.67. Following the completion of the sale, the director now directly owns 24,351 shares in the company, valued at approximately $2,619,924.09. This trade represents a 32.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Joseph Mcgrail sold 2,100 shares of the stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $119.74, for a total value of $251,454.00. Following the sale, the senior vice president now owns 14,240 shares of the company's stock, valued at $1,705,097.60. This trade represents a 12.85% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 328,505 shares of company stock worth $37,452,686. 2.00% of the stock is owned by company insiders.

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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