DA Davidson Has Strong Estimate for BJ FY2026 Earnings

Key Points

• DA Davidson has increased its FY2026 earnings per share (EPS) estimate for BJ's Wholesale Club to $4.22, up from the previous estimate of $4.19, and maintains a "Buy" rating with a target price of $140.00.
• The company recently reported quarterly earnings of $1.14 EPS, surpassing the consensus estimate of $0.91, although its revenue of $5.15 billion fell slightly short of forecasts.
• Insider trading activity shows a significant decline in shares held by EVP Paul Cichocki after selling 58,436 shares, while Director Steven L. Ortega increased his position by purchasing 1,740 shares.

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) - Research analysts at DA Davidson boosted their FY2026 EPS estimates for shares of BJ's Wholesale Club in a research note issued on Monday, August 11th. DA Davidson analyst M. Baker now anticipates that the company will post earnings per share of $4.22 for the year, up from their prior estimate of $4.19. DA Davidson currently has a "Buy" rating and a $140.00 target price on the stock. The consensus estimate for BJ's Wholesale Club's current full-year earnings is $3.96 per share. DA Davidson also issued estimates for BJ's Wholesale Club's FY2027 earnings at $4.79 EPS.

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

Several other equities analysts have also recently commented on BJ. Loop Capital reiterated a "hold" rating and set a $120.00 target price (up from $110.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. UBS Group reiterated a "buy" rating and set a $135.00 target price (up from $129.00) on shares of BJ's Wholesale Club in a research note on Friday, May 23rd. Wall Street Zen upgraded shares of BJ's Wholesale Club from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th. Roth Capital reissued a "neutral" rating and issued a $106.00 price target (up previously from $101.00) on shares of BJ's Wholesale Club in a report on Wednesday, May 28th. Finally, 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. Nine equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $111.41.

BJ's Wholesale Club Price Performance

NYSE BJ opened at $102.61 on Wednesday. The company has a quick ratio of 0.14, a current ratio of 0.77 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $13.55 billion, a PE ratio of 23.84, a price-to-earnings-growth ratio of 2.97 and a beta of 0.43. The company has a 50 day moving average price of $108.16 and a two-hundred day moving average price of $109.84. BJ's Wholesale Club has a 12-month low of $76.33 and a 12-month high of $121.10.

Institutional Investors Weigh In On BJ's Wholesale Club

Hedge funds have recently made changes to their positions in the business. Covestor Ltd increased its holdings in BJ's Wholesale Club by 66.5% in the 4th quarter. Covestor Ltd now owns 288 shares of the company's stock worth $26,000 after acquiring an additional 115 shares during the last quarter. Oliver Lagore Vanvalin Investment Group purchased a new position in BJ's Wholesale Club during the 2nd quarter valued at about $26,000. REAP Financial Group LLC grew its holdings in BJ's Wholesale Club by 152.5% during the 2nd quarter. REAP Financial Group LLC now owns 250 shares of the company's stock valued at $27,000 after buying an additional 151 shares in the last quarter. Atlantic Edge Private Wealth Management LLC purchased a new position in shares of BJ's Wholesale Club during the first quarter worth about $33,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of BJ's Wholesale Club during the second quarter worth about $35,000. 98.60% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other BJ's Wholesale Club news, EVP Paul Cichocki sold 58,436 shares of the 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 transaction, the executive vice president directly owned 114,127 shares in the company, valued at approximately $12,563,100.16. This represents a 33.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven L. Ortega bought 1,740 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was purchased at an average price of $114.60 per share, for a total transaction of $199,404.00. Following the completion of the acquisition, the director owned 8,641 shares in the company, valued at $990,258.60. This represents a 25.21% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have sold 138,061 shares of company stock worth $15,027,745. Corporate 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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