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

15 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, 6 hold ratings and 8 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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15 Wall Street analysts have issued 12 month price targets for BJ's Wholesale Club's stock. Their BJ share price forecasts range from $25.00 to $90.00. On average, they predict the company's stock price to reach $74.40 in the next year. This suggests a possible upside of 18.1% from the stock's current price.
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BJ's Wholesale Club's stock was trading at $66.16 on January 1st, 2023. Since then, BJ stock has decreased by 4.7% and is now trading at $63.02.
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BJ's Wholesale Club saw a increase in short interest in May. As of May 15th, there was short interest totaling 5,010,000 shares, an increase of 35.4% from the April 30th total of 3,700,000 shares. Based on an average daily volume of 1,590,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 3.8% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 17th 2023.
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BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) posted its quarterly earnings data on Tuesday, May, 23rd. The company reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.84 by $0.01. The firm earned $4.72 billion during the quarter, compared to the consensus estimate of $4.81 billion. BJ's Wholesale Club had a net margin of 2.64% and a trailing twelve-month return on equity of 53.66%. The firm's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.87 EPS.

ETFs with the largest weight of BJ's Wholesale Club (NYSE:BJ) stock in their portfolio include 2ndVote Life Neutral Plus ETF (LYFE), Invesco DWA Consumer Cyclicals Momentum ETF (PEZ), Inspire Faithward Mid Cap Momentum ETF (GLRY), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), BlackRock Future U.S. Themes ETF (BTHM), Putnam Focused Large Cap Value ETF (PVAL), SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM) and SPDR S&P Retail ETF (XRT).

BJ's Wholesale Club updated its FY 2023 earnings guidance on Thursday, March, 9th. The company provided earnings per share guidance of $3.77-$3.77 for the period, compared to the consensus earnings per share estimate of $3.79. 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 (IPO) 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 investors include BlackRock Inc. (9.07%), FMR LLC (3.58%), Clearbridge Investments LLC (3.14%), State Street Corp (2.88%), Bessemer Group Inc. (1.92%) and Putnam Investments LLC (1.83%). Insiders that own company stock include Brian Poulliot, Christopher J Baldwin, Graham Luce, Jeff Desroches, Joseph Mcgrail, Kenneth M Parent, Kristyn M Sugrue, Laura L Felice, 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 $63.02.

BJ's Wholesale Club (NYSE:BJ) has a market capitalization of $8.47 billion and generates $19.32 billion in revenue each year. The company earns $513.18 million in net income (profit) each year or $3.78 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.