BJ's Wholesale Club (BJ) Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BJ's Wholesale Club in the last year. There are currently 1 sell rating, 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BJ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BJ, but not buy additional shares or sell existing shares.
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14 brokers have issued 12 month target prices for BJ's Wholesale Club's stock. Their BJ share price forecasts range from $25.00 to $90.00. On average, they anticipate the company's share price to reach $72.33 in the next twelve months. This suggests that the stock has a possible downside of 0.8%.
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BJ's Wholesale Club's stock was trading at $66.16 at the start of the year. Since then, BJ shares have increased by 10.2% and is now trading at $72.91.
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BJ's Wholesale Club saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 9,570,000 shares, an increase of 11.8% from the August 15th total of 8,560,000 shares. Based on an average trading volume of 1,970,000 shares, the days-to-cover ratio is presently 4.9 days. Approximately 7.2% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
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BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) released its quarterly earnings data on Tuesday, August, 22nd. The company reported $0.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.07. The firm earned $4.96 billion during the quarter, compared to analysts' expectations of $5.18 billion. BJ's Wholesale Club had a trailing twelve-month return on equity of 47.80% and a net margin of 2.61%. The business's revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.06 earnings per share.

ETFs with the largest weight of BJ's Wholesale Club (NYSE:BJ) stock in their portfolio include Inspire Faithward Mid Cap Momentum ETF (GLRY), 2ndVote Life Neutral Plus ETF (LYFE), Putnam Focused Large Cap Value ETF (PVAL), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), SPDR S&P Retail ETF (XRT), iShares Factors US Growth Style ETF (STLG), Direxion Daily Retail Bull 3X Shares (RETL) and Fidelity Small-Mid Cap Opportunities ETF (FSMO).

BJ's Wholesale Club updated its FY 2023 earnings guidance on Tuesday, August, 22nd. The company provided earnings per share guidance of $3.80-$3.92 for the period, compared to the consensus estimate of $3.87. The company issued revenue guidance of -.

44 employees have rated BJ's Wholesale Club Chief Executive Officer Lee Delaney on Glassdoor.com. Lee Delaney has an approval rating of 74% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other BJ's Wholesale Club investors own include Cisco Systems (CSCO), NVIDIA (NVDA), Advanced Micro Devices (AMD), Walmart (WMT), Pfizer (PFE), CVS Health (CVS), Alibaba Group (BABA), Bank of America (BAC), Bristol-Myers Squibb (BMY) and Target (TGT).

(BJ) raised $600 million in an initial public offering on Thursday, June 28th 2018. The company issued 37,500,000 shares at a price of $15.00-$17.00 per share. BofA Merrill Lynch, Deutsche Bank Securities, Goldman Sachs and J.P. Morgan served as the underwriters for the IPO.

BJ's Wholesale Club trades on the New York Stock Exchange (NYSE) under the ticker symbol "BJ."

BJ's Wholesale Club's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.79%), Clearbridge Investments LLC (3.00%), State Street Corp (2.85%), Victory Capital Management Inc. (2.77%), River Road Asset Management LLC (2.73%) and Bessemer Group Inc. (2.29%). Insiders that own company stock include Brian Poulliot, Christopher J Baldwin, Graham Luce, Jeff Desroches, Joseph Mcgrail, Kenneth M Parent, Kristyn M Sugrue, Monica Schwartz, Robert Allan Steele, Robert W Eddy, Robert W Eddy, Scott Kessler, William C Werner and William C Werner.
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Shares of BJ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BJ stock can currently be purchased for approximately $72.91.

BJ's Wholesale Club (NYSE:BJ) has a market capitalization of $9.75 billion and generates $19.32 billion in revenue each year. The company earns $513.18 million in net income (profit) each year or $3.72 on an earnings per share basis.

The company employs 34,000 workers across the globe.

BJ's Wholesale Club's mailing address is 25 RESEARCH DRIVE, WESTBOROUGH MA, 01581. The official website for the company is www.bjs.com. The company can be reached via phone at (774) 512-7400 or via email at investors@bjs.com.