Zacks Research Has Positive Forecast for BJ Q3 Earnings

Key Points

• Zacks Research raised its BJ’s Wholesale Club Q3 fiscal 2027 EPS estimate to $1.24 from $1.23 and increased its full-year forecasts through fiscal 2029, including estimates of $4.70 for FY2027, $5.00 for FY2028, and $5.35 for FY2029.
• BJ recently beat quarterly expectations, reporting $1.36 in EPS versus the $1.17 consensus and $6.23 billion in revenue, up 15.7% year over year. Management maintained fiscal 2026 EPS guidance of $4.60–$4.80.
• Analyst sentiment remains mixed: ten analysts rate the stock Buy, nine rate it Hold, and one rates it Sell, resulting in a consensus Hold rating and a $106.06 price target.

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) - Equities research analysts at Zacks Research increased their Q3 2027 EPS estimates for BJ's Wholesale Club in a research report issued on Friday, September 4th. Zacks Research analyst Team now expects that the company will earn $1.24 per share for the quarter, up from their prior estimate of $1.23. The consensus estimate for BJ's Wholesale Club's current full-year earnings is $4.69 per share. Zacks Research also issued estimates for BJ's Wholesale Club's Q4 2027 earnings at $1.00 EPS, FY2027 earnings at $4.70 EPS, Q1 2028 earnings at $1.20 EPS, Q2 2028 earnings at $1.36 EPS, Q3 2028 earnings at $1.33 EPS, Q4 2028 earnings at $1.11 EPS, FY2028 earnings at $5.00 EPS, Q1 2029 earnings at $1.29 EPS, Q2 2029 earnings at $1.46 EPS and FY2029 earnings at $5.35 EPS.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last posted its quarterly earnings data 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 net margin of 2.64% and a return on equity of 27.40%. The firm had revenue of $6.23 billion during the quarter, compared to analysts' expectations of $5.97 billion. During the same quarter in the previous year, the company posted $1.14 EPS. BJ's Wholesale Club's revenue 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.

A number of other equities research analysts also recently weighed in on BJ. The Goldman Sachs Group restated a "buy" rating on shares of BJ's Wholesale Club in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of BJ's Wholesale Club in a research report on Friday, August 14th. Weiss Ratings raised BJ's Wholesale Club from a "hold (c)" rating to a "hold (c+)" rating in a report on Wednesday, August 26th. Roth Capital restated a "neutral" rating and set a $97.00 target price on shares of BJ's Wholesale Club in a research report on Monday, August 24th. Finally, UBS Group raised their target price on shares of BJ's Wholesale Club from $109.00 to $115.00 and gave the company a "buy" rating in a research note on Monday, August 24th. Ten analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $106.06.

BJ's Wholesale Club Stock Up 0.0%

Shares of BJ opened at $93.20 on Monday. The business's fifty day moving average price is $92.69 and its two-hundred day moving average price is $93.30. The firm has a market capitalization of $11.77 billion, a price-to-earnings ratio of 20.39, a PEG ratio of 2.74 and a beta of 0.18. BJ's Wholesale Club has a 52 week low of $83.21 and a 52 week high of $105.78. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73.

Insider Activity

In other news, SVP Joseph Mcgrail sold 1,500 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total value of $144,975.00. Following the transaction, the senior vice president owned 13,269 shares of the company's stock, valued at $1,282,448.85. This represents a 10.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Scott Schmadeke sold 16,500 shares of the firm's stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total value of $1,520,805.00. Following the completion of the transaction, the executive vice president owned 20,471 shares in the company, valued at $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 95,916 shares of company stock valued at $9,458,889 in the last 90 days. 1.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On BJ's Wholesale Club

Several institutional investors have recently modified their holdings of BJ. Focus Partners Wealth increased its stake in BJ's Wholesale Club by 6.2% in the fourth quarter. Focus Partners Wealth now owns 517,731 shares of the company's stock valued at $47,256,000 after purchasing an additional 30,095 shares in the last quarter. Sei Investments Co. boosted its position in shares of BJ's Wholesale Club by 19.6% during the first quarter. Sei Investments Co. now owns 396,598 shares of the company's stock worth $39,033,000 after purchasing an additional 64,942 shares in the last quarter. Entropy Technologies LP bought a new position in shares of BJ's Wholesale Club during the first quarter worth $1,135,000. Reinhart Partners LLC. grew its holdings in shares of BJ's Wholesale Club by 30.7% in the 4th quarter. Reinhart Partners LLC. now owns 54,452 shares of the company's stock valued at $4,902,000 after buying an additional 12,784 shares during the period. Finally, Landscape Capital Management L.L.C. acquired a new position in shares of BJ's Wholesale Club in the 4th quarter valued at $6,780,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting BJ's Wholesale Club

Here are the key news stories impacting BJ's Wholesale Club this week:

• Positive Sentiment: Zacks raised its fiscal 2027 EPS estimate to $4.70 from $4.50, fiscal 2028 EPS to $5.00 from $4.78, and fiscal 2029 EPS to $5.35 from $5.15. The firm also increased estimates for multiple quarters, including Q1 and Q2 fiscal 2028. These revisions point to stronger anticipated earnings growth. Zacks Research earnings estimate revisions
• Positive Sentiment: The upward revisions follow BJ’s latest quarterly performance, when the company exceeded analyst expectations with $1.36 in EPS and $6.23 billion in revenue, while revenue increased 15.7% year over year. The company’s current fiscal-year EPS guidance remains $4.60–$4.80. BJ’s quarterly earnings report
• Neutral Sentiment: Two viral articles discuss the meaning behind the “BJ” initials in BJ’s Wholesale Club. The stories may increase consumer attention and brand visibility, but they provide no meaningful financial or operational update for investors. Shoppers discuss BJ’s name
• Negative Sentiment: Zacks lowered its Q4 fiscal 2027 EPS estimate to $1.00 from $1.05 and Q4 fiscal 2028 EPS estimate to $1.11 from $1.15. These cuts partially offset the broader upward revisions but do not change the firm’s higher full-year forecasts. Zacks Research quarterly estimate changes

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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