BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Receives $107.63 Average PT from Brokerages

Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJGet Free Report) have been given a consensus rating of “Hold” by the nineteen research firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $107.3750.

Several equities analysts have recently weighed in on BJ shares. JPMorgan Chase & Co. decreased their price target on shares of BJ’s Wholesale Club from $100.00 to $90.00 and set a “neutral” rating on the stock in a research note on Friday. Wells Fargo & Company lifted their target price on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. The Goldman Sachs Group reduced their target price on shares of BJ’s Wholesale Club from $139.00 to $123.00 and set a “buy” rating on the stock in a research note on Monday, February 2nd. Evercore reaffirmed a “positive” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. Finally, DA Davidson lifted their target price on shares of BJ’s Wholesale Club from $110.00 to $114.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th.

Check Out Our Latest Stock Report on BJ’s Wholesale Club

Insider Transactions at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 8,000 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.02, for a total transaction of $728,160.00. Following the transaction, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at $27,882,156.60. The trade was a 2.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 2,050 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $91.19, for a total transaction of $186,939.50. Following the transaction, the senior vice president directly owned 14,769 shares in the company, valued at $1,346,785.11. This trade represents a 12.19% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is owned by insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

Institutional investors have recently made changes to their positions in the stock. Mirabella Financial Services LLP increased its position in shares of BJ’s Wholesale Club by 158.2% during the third quarter. Mirabella Financial Services LLP now owns 21,167 shares of the company’s stock valued at $1,970,000 after acquiring an additional 12,970 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of BJ’s Wholesale Club by 31.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,791,602 shares of the company’s stock valued at $446,817,000 after acquiring an additional 1,152,591 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of BJ’s Wholesale Club by 22.4% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 100,007 shares of the company’s stock valued at $9,326,000 after acquiring an additional 18,288 shares during the last quarter. Fieldview Capital Management LLC acquired a new stake in shares of BJ’s Wholesale Club during the third quarter valued at about $3,671,000. Finally, Amica Mutual Insurance Co. increased its position in shares of BJ’s Wholesale Club by 18.9% during the third quarter. Amica Mutual Insurance Co. now owns 118,540 shares of the company’s stock valued at $11,054,000 after acquiring an additional 18,876 shares during the last quarter. 98.60% of the stock is currently owned by institutional investors and hedge funds.

BJ’s Wholesale Club Stock Performance

NYSE:BJ opened at $96.32 on Tuesday. The company’s 50-day moving average price is $95.26 and its 200-day moving average price is $94.30. The company has a current ratio of 0.75, a quick ratio of 0.16 and a debt-to-equity ratio of 0.18. The company has a market cap of $12.30 billion, a P/E ratio of 21.99, a P/E/G ratio of 3.33 and a beta of 0.27. BJ’s Wholesale Club has a twelve month low of $86.68 and a twelve month high of $120.08.

BJ’s Wholesale Club (NYSE:BJGet Free Report) last posted its quarterly earnings results on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.03. The firm had revenue of $5.58 billion for the quarter, compared to the consensus estimate of $5.54 billion. BJ’s Wholesale Club had a net margin of 2.70% and a return on equity of 27.55%. The company’s revenue for the quarter was up 5.6% on a year-over-year basis. During the same period last year, the firm posted $0.93 earnings per share. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. On average, sell-side analysts forecast that BJ’s Wholesale Club will post 4.52 earnings per share for the current fiscal year.

About BJ’s Wholesale Club

(Get Free Report)

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.

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Analyst Recommendations for BJ's Wholesale Club (NYSE:BJ)

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