BJ's Wholesale Club - BJ Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for BJ's Wholesale Club in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research 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 research analysts have issued twelve-month target prices for BJ's Wholesale Club's shares. Their BJ share price forecasts range from $25.00 to $93.00. On average, they predict the company's share price to reach $76.81 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price.
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BJ's Wholesale Club's stock was trading at $66.16 at the beginning of 2023. Since then, BJ stock has increased by 13.6% and is now trading at $75.17.
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BJ's Wholesale Club saw a drop in short interest in March. As of March 15th, there was short interest totaling 3,200,000 shares, a drop of 11.6% from the February 28th total of 3,620,000 shares. Based on an average daily trading volume, of 1,440,000 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.4% of the shares of the stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 18th 2023.
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BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) posted its quarterly earnings results on Thursday, March, 9th. The company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.11. The firm earned $4.93 billion during the quarter, compared to analysts' expectations of $4.78 billion. BJ's Wholesale Club had a net margin of 2.66% and a trailing twelve-month return on equity of 60.16%. BJ's Wholesale Club's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.80 earnings per share.

ETFs with the largest weight of BJ's Wholesale Club (NYSE:BJ) stock in their portfolio include Innovator IBD Breakout Opportunities ETF (BOUT), 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) and SEI Enhanced U.S. Large Cap Momentum Factor ETF (SEIM).

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 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 IPO on Thursday, June 28th 2018. The company issued 37,500,000 shares at $15.00-$17.00 per share. BofA Merrill Lynch, Deutsche Bank Securities, Goldman Sachs and J.P. Morgan acted 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 institutional and retail investors. Top institutional shareholders include Putnam Investments LLC (3.37%), Clearbridge Investments LLC (3.20%), Morgan Stanley (1.94%), River Road Asset Management LLC (1.72%), Bessemer Group Inc. (1.68%) and Lord Abbett & CO. LLC (1.44%). 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 $75.17.

BJ's Wholesale Club (NYSE:BJ) has a market capitalization of $10.07 billion and generates $19.32 billion in revenue each year. The company earns $513.18 million in net income (profit) each year or $3.75 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.