DA Davidson Brokers Increase Earnings Estimates for BJ

Key Points

• DA Davidson has raised its Q2 2026 earnings per share (EPS) estimate for BJ's Wholesale Club from $1.07 to $1.10, maintaining a "Buy" rating with a price target of $140.00.
• BJ's Wholesale Club reported Q1 earnings of $1.14 EPS, surpassing the consensus estimate of $0.91 by $0.23, with a revenue of $5.15 billion.
• Analysts continue to show a positive outlook on BJ's stock, with several firms increasing their target prices and a consensus rating of "Moderate Buy."

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) - Analysts at DA Davidson increased their Q2 2026 earnings per share (EPS) estimates for BJ's Wholesale Club in a report released on Monday, August 11th. DA Davidson analyst M. Baker now forecasts that the company will earn $1.10 per share for the quarter, up from their prior forecast of $1.07. DA Davidson has a "Buy" rating and a $140.00 price target on the stock. The consensus estimate for BJ's Wholesale Club's current full-year earnings is $3.96 per share.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last issued its quarterly earnings data on Thursday, May 22nd. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.23. BJ's Wholesale Club had a return on equity of 31.98% and a net margin of 2.76%. The business had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $5.18 billion. During the same period in the prior year, the business earned $0.85 earnings per share. The business's revenue was up 4.8% on a year-over-year basis.

BJ has been the subject of several other research reports. Morgan Stanley lifted their target price on BJ's Wholesale Club from $115.00 to $125.00 and gave the stock an "equal weight" rating in a research report on Friday, May 23rd. Wells Fargo & Company reaffirmed an "overweight" rating and set a $127.00 target price (up previously from $125.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Robert W. Baird boosted their price objective on BJ's Wholesale Club from $125.00 to $130.00 and gave the stock an "outperform" rating in a research note on Friday, May 23rd. Wall Street Zen upgraded BJ's Wholesale Club from a "hold" rating to a "buy" rating in a report on Saturday, May 24th. Finally, UBS Group restated a "buy" rating and issued a $135.00 target price (up from $129.00) on shares of BJ's Wholesale Club in a report on Friday, May 23rd. Nine research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $111.00.

BJ's Wholesale Club Stock Performance

Shares of NYSE:BJ opened at $107.59 on Tuesday. The firm has a market capitalization of $14.21 billion, a PE ratio of 25.02, a P/E/G ratio of 2.99 and a beta of 0.43. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.77 and a quick ratio of 0.14. The business has a 50-day moving average of $108.24 and a two-hundred day moving average of $109.86. BJ's Wholesale Club has a 12 month low of $76.33 and a 12 month high of $121.10.

Institutional Trading of BJ's Wholesale Club

Several hedge funds and other institutional investors have recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its position in BJ's Wholesale Club by 92.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 21,456 shares of the company's stock worth $2,448,000 after acquiring an additional 10,326 shares during the last quarter. Contravisory Investment Management Inc. acquired a new position in shares of BJ's Wholesale Club during the first quarter worth $9,805,000. iSAM Funds UK Ltd acquired a new position in shares of BJ's Wholesale Club during the fourth quarter worth $843,000. FORA Capital LLC acquired a new position in shares of BJ's Wholesale Club during the fourth quarter worth $936,000. Finally, Colonial River Investments LLC acquired a new position in shares of BJ's Wholesale Club during the first quarter worth $308,000. Institutional investors and hedge funds own 98.60% of the company's stock.

Insider Buying and Selling at BJ's Wholesale Club

In related news, Director Steven L. Ortega purchased 1,740 shares of the business's stock in a transaction dated Tuesday, May 27th. The shares were bought at an average price of $114.60 per share, with a total value of $199,404.00. Following the purchase, the director directly owned 8,641 shares in the company, valued at $990,258.60. This trade represents a 25.21% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO Robert W. Eddy sold 17,900 shares of the stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $107.08, for a total value of $1,916,732.00. Following the completion of the transaction, the chief executive officer directly owned 368,333 shares in the company, valued at approximately $39,441,097.64. This trade represents a 4.63% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 138,061 shares of company stock worth $15,027,745. Insiders own 1.40% 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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