BJ's Wholesale Club (NYSE:BJ) Hits New 52-Week High - Should You Buy?

Key Points

• BJ’s Wholesale Club reached a new 52-week high of $106.04, with shares recently trading near $105 and above both their 50-day and 200-day moving averages.
• Analysts maintain a “Moderate Buy” consensus, with 11 Buy, eight Hold, and one Sell rating and an average price target of $106.06.
• The company reported stronger-than-expected quarterly results, including $1.36 EPS and $6.23 billion in revenue, while revenue rose 15.7% year over year; however, insiders sold roughly $9.0 million in stock during the last quarter.

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Get Free Report) hit a new 52-week high during mid-day trading on Thursday. The company traded as high as $106.04 and last traded at $105.0720, with a volume of 411,632 shares. The stock had previously closed at $103.39.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on BJ shares. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of BJ's Wholesale Club in a report on Friday, August 14th. William Blair lowered shares of BJ's Wholesale Club from a "mixed" rating to a "hold" rating in a report on Monday, August 17th. Wall Street Zen upgraded shares of BJ's Wholesale Club from a "hold" rating to a "buy" rating in a report on Saturday, August 29th. Gordon Haskett raised 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 report on Wednesday, July 29th. Finally, DA Davidson set a $108.00 price objective on BJ's Wholesale Club in a report on Thursday, October 8th. Eleven analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, BJ's Wholesale Club currently has an average rating of "Moderate Buy" and an average price target of $106.06.

BJ's Wholesale Club Stock Up 0.1%

The company has a market cap of $13.07 billion, a price-to-earnings ratio of 22.65, a price-to-earnings-growth ratio of 2.92 and a beta of 0.17. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The business has a 50-day simple moving average of $93.99 and a 200-day simple moving average of $92.62.

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 for the quarter, beating analysts' consensus estimates of $1.17 by $0.19. BJ's Wholesale Club had a net margin of 2.62% and a return on equity of 27.40%. The business had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same period last year, the business earned $1.14 EPS. The company'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. On average, equities analysts anticipate 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 other BJ's Wholesale Club news, SVP Joseph Mcgrail sold 1,500 shares of the company's 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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert Eddy sold 73,016 shares of the company's stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $100.02, for a total value of $7,303,060.32. Following the completion of the sale, the chief executive officer directly owned 282,330 shares in the company, valued at approximately $28,238,646.60. The trade was a 20.55% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 90,416 shares of company stock worth $8,984,844 in the last quarter. Company insiders own 1.10% of the company's stock.

Institutional Investors Weigh In On BJ's Wholesale Club

Large investors have recently modified their holdings of the stock. Mather Group LLC. grew its holdings in BJ's Wholesale Club by 35.7% in the 3rd quarter. Mather Group LLC. now owns 2,061 shares of the company's stock valued at $190,000 after buying an additional 542 shares during the last quarter. Krilogy Financial LLC grew its stake in shares of BJ's Wholesale Club by 8.8% in the 3rd quarter. Krilogy Financial LLC now owns 4,162 shares of the company's stock valued at $415,000 after purchasing an additional 337 shares during the period. NorthCrest Asset Manangement LLC increased its holdings in shares of BJ's Wholesale Club by 12.0% during the third quarter. NorthCrest Asset Manangement LLC now owns 4,356 shares of the company's stock worth $431,000 after buying an additional 465 shares in the last quarter. GK Wealth Management LLC bought a new stake in BJ's Wholesale Club during the 3rd quarter worth approximately $106,000. Finally, Avity Investment Management Inc. raised its holdings in shares of BJ's Wholesale Club by 15.9% in the third quarter. Avity Investment Management Inc. now owns 127,510 shares of the company's stock valued at $11,731,000 after buying an additional 17,470 shares during the last quarter. Institutional investors and hedge funds own 98.60% of the company's stock.

About BJ's Wholesale Club

BJ's Wholesale Club Holdings, Inc operates a membership-based warehouse club business in the United States. Through its BJ's Wholesale Club locations, the company offers members a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

The company also operates gasoline stations at many of its clubs and provides services such as optical, tire, and home-improvement offerings in select locations.

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