BJ's Wholesale Club (NYSE:BJ) Hits New 1-Year High - Should You Buy?

Key Points

• BJ’s Wholesale Club reached a new 52-week high of $108.09, with the stock valued at approximately $13.41 billion and trading above its 50-day and 200-day moving averages.
• Analysts maintain a consensus “Moderate Buy” rating, with 11 Buys, eight Holds, and one Sell; the average price target is $106.06, while Citigroup raised its target to $111.
• The company exceeded quarterly expectations, reporting $1.36 in EPS versus $1.17 expected and $6.23 billion in revenue, up 15.7% year over year. However, insiders have sold roughly $22.2 million of stock over the past 90 days.

Shares of BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) hit a new 52-week high on Friday. The company traded as high as $108.09 and last traded at $106.9110, with a volume of 36,177 shares changing hands. The stock had previously closed at $105.41.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on BJ shares. William Blair lowered shares of BJ's Wholesale Club from a "mixed" rating to a "hold" rating in a research note on Monday, August 17th. Weiss Ratings upgraded shares of BJ's Wholesale Club from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. Wall Street Zen lowered shares of BJ's Wholesale Club from a "buy" rating to a "hold" rating in a research note on Saturday, October 24th. Citigroup boosted their target price on shares of BJ's Wholesale Club from $100.00 to $111.00 and gave the company a "buy" rating in a research report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of BJ's Wholesale Club in a report on Friday, August 14th. Eleven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $106.06.

BJ's Wholesale Club Trading Up 0.7%

The stock has a market cap of $13.41 billion, a PE ratio of 23.12, a PEG ratio of 3.04 and a beta of 0.17. The company's fifty day moving average is $96.17 and its 200-day moving average is $94.44. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings data on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.19. The company had revenue of $6.23 billion during the quarter, compared to analysts' expectations of $5.97 billion. BJ's Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. BJ's Wholesale Club's revenue was up 15.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.14 EPS. BJ's Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, analysts predict that BJ's Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current fiscal year.

Insider Activity at BJ's Wholesale Club

In related news, EVP Laura L. Felice sold 8,452 shares of BJ's Wholesale Club stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $104.95, for a total value of $887,037.40. Following the transaction, the executive vice president owned 84,416 shares in the company, valued at approximately $8,859,459.20. This trade represents a 9.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total value of $144,975.00. Following the completion of the sale, the senior vice president owned 13,269 shares of the company's stock, valued at approximately $1,282,448.85. This represents a 10.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 218,436 shares of company stock valued at $22,238,536. Corporate insiders own 1.10% of the company's stock.

Hedge Funds Weigh In On BJ's Wholesale Club

Several large investors have recently added to or reduced their stakes in BJ. Parcion Private Wealth LLC lifted its holdings in BJ's Wholesale Club by 2.9% in the 3rd quarter. Parcion Private Wealth LLC now owns 3,749 shares of the company's stock worth $345,000 after purchasing an additional 107 shares during the last quarter. Essential Partners LLC boosted its position 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 worth $29,000 after purchasing an additional 130 shares during the last quarter. Balefire LLC increased its holdings in shares of BJ's Wholesale Club by 5.0% in the first quarter. Balefire LLC now owns 2,845 shares of the company's stock worth $280,000 after acquiring an additional 136 shares in the last quarter. Elevated Capital Advisors LLC grew its position in BJ's Wholesale Club by 15.6% in the first quarter. Elevated Capital Advisors LLC now owns 1,050 shares of the company's stock valued at $103,000 after purchasing an additional 142 shares in the last quarter. Finally, Sheets Smith Wealth Management lifted its stake in shares of BJ's Wholesale Club by 4.5% during the 2nd quarter. Sheets Smith Wealth Management now owns 3,796 shares of the company's stock worth $331,000 after buying an additional 163 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors.

About BJ's Wholesale Club

BJ's Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ's also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.

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