BJ's Wholesale Club's (BJ) Neutral Rating Reiterated at Roth Capital

Key Points

• Roth Capital reiterated its “neutral” rating on BJ’s Wholesale Club and set a $97 price target, implying 2.49% downside from the prior close. Analysts overall maintain a consensus “Hold” rating with a $105.38 target.
• BJ’s shares rose 3.2% to $99.48, while the company reported quarterly earnings of $1.36 per share versus the $1.17 consensus estimate. Revenue reached $6.23 billion, up 15.7% year over year and above expectations.
• Insiders recently sold shares, including CEO Robert Eddy’s sale of 73,016 shares for about $7.3 million. Institutional investors own 98.6% of BJ’s outstanding stock.

BJ's Wholesale Club (NYSE:BJ - Get Free Report)'s stock had its "neutral" rating reiterated by investment analysts at Roth Capital in a research report issued to clients and investors on Monday,Benzinga reports. They presently have a $97.00 target price on the stock. Roth Capital's target price indicates a potential downside of 2.49% from the company's previous close.

Several other brokerages also recently weighed in on BJ. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of BJ's Wholesale Club in a report on Friday, August 14th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of BJ's Wholesale Club in a research report on Monday. Bank of America started coverage on shares of BJ's Wholesale Club in a research note on Wednesday, May 20th. They issued a "neutral" rating and a $110.00 target price for the company. DA Davidson upped their price target on shares of BJ's Wholesale Club from $105.00 to $108.00 and gave the company a "buy" rating in a research note on Monday. Finally, Gordon Haskett upgraded shares of BJ's Wholesale Club from a "hold" rating to a "buy" rating and set a $115.00 price target on the stock in a research note on Wednesday, July 29th. Ten equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $105.38.

BJ's Wholesale Club Stock Up 3.2%

Shares of BJ traded up $3.06 during midday trading on Monday, hitting $99.48. 985,472 shares of the company's stock traded hands, compared to its average volume of 1,996,969. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $12.70 billion, a price-to-earnings ratio of 21.79, a price-to-earnings-growth ratio of 3.30 and a beta of 0.21. BJ's Wholesale Club has a 1 year low of $83.21 and a 1 year high of $105.78. The firm's fifty day moving average is $91.50 and its 200-day moving average is $93.78.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.19. BJ's Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The firm had revenue of $6.23 billion for the quarter, compared to the consensus estimate of $5.97 billion. During the same period in the previous year, the business earned $1.14 EPS. The firm's revenue for the quarter was up 15.7% on a year-over-year basis. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, sell-side analysts anticipate that BJ's Wholesale Club will post 4.68 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Robert W. Eddy sold 73,016 shares of the business's stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total transaction of $7,303,060.32. Following the completion of the transaction, the chief executive officer directly owned 282,330 shares in the company, valued at $28,238,646.60. The trade was a 20.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of BJ's Wholesale Club stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $92.17, for a total value of $1,520,805.00. Following the transaction, the executive vice president owned 20,471 shares of the company's stock, valued at $1,886,812.07. The trade was a 44.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.10% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. BOK Financial Private Wealth Inc. purchased a new stake in BJ's Wholesale Club in the 4th quarter worth approximately $25,000. Strive Financial Group LLC purchased a new position in shares of BJ's Wholesale Club during the 4th quarter valued at approximately $25,000. Parkside Financial Bank & Trust increased its holdings in shares of BJ's Wholesale Club by 147.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company's stock valued at $26,000 after purchasing an additional 173 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of BJ's Wholesale Club in the 2nd quarter valued at $28,000. Finally, Essential Partners LLC lifted its stake in shares of BJ's Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company's stock valued at $29,000 after purchasing an additional 130 shares during the period. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

BJ's Wholesale Club Company Profile

BJ's Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ's features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ's Wholesale Club quickly expanded throughout the Northeastern United States.

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