Equities analysts forecast that BJs Wholesale Club Holdings Inc (NYSE:BJ) will announce $0.34 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for BJs Wholesale Club’s earnings, with estimates ranging from $0.30 to $0.36. The business is scheduled to announce its next earnings results on Tuesday, November 27th.

On average, analysts expect that BJs Wholesale Club will report full year earnings of $1.22 per share for the current year, with EPS estimates ranging from $1.20 to $1.23. For the next fiscal year, analysts anticipate that the company will report earnings of $1.49 per share, with EPS estimates ranging from $1.38 to $1.61. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow BJs Wholesale Club.

BJs Wholesale Club (NYSE:BJ) last announced its quarterly earnings data on Tuesday, August 28th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.27 by $0.04. The company had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.28 billion. The business’s revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.22 EPS.

BJ has been the topic of several research reports. Nomura initiated coverage on shares of BJs Wholesale Club in a research report on Monday, July 23rd. They issued a “buy” rating and a $29.00 price objective on the stock. Bank of America initiated coverage on shares of BJs Wholesale Club in a research report on Monday, July 23rd. They issued a “buy” rating and a $30.00 price objective on the stock. Jefferies Financial Group initiated coverage on shares of BJs Wholesale Club in a research report on Monday, July 23rd. They issued a “buy” rating and a $31.00 price objective on the stock. Citigroup initiated coverage on shares of BJs Wholesale Club in a research report on Monday, July 23rd. They issued a “buy” rating and a $30.00 price objective on the stock. Finally, Goldman Sachs Group initiated coverage on shares of BJs Wholesale Club in a research report on Monday, July 23rd. They issued a “neutral” rating and a $24.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the company’s stock. BJs Wholesale Club currently has an average rating of “Hold” and a consensus price target of $29.45.

Shares of BJ stock opened at $28.54 on Wednesday. BJs Wholesale Club has a 52 week low of $20.56 and a 52 week high of $32.92.

In other BJs Wholesale Club news, EVP Robert W. Eddy purchased 2,000 shares of the stock in a transaction dated Wednesday, June 27th. The shares were bought at an average price of $17.00 per share, with a total value of $34,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. FMR LLC bought a new stake in shares of BJs Wholesale Club in the second quarter valued at approximately $200,102,000. Citadel Advisors LLC purchased a new position in BJs Wholesale Club during the second quarter valued at approximately $68,786,000. Putnam Investments LLC purchased a new position in BJs Wholesale Club during the second quarter valued at approximately $53,841,000. Massachusetts Financial Services Co. MA purchased a new position in BJs Wholesale Club during the second quarter valued at approximately $45,932,000. Finally, Millennium Management LLC purchased a new position in BJs Wholesale Club during the second quarter valued at approximately $37,390,000. 65.73% of the stock is currently owned by institutional investors.

About BJs Wholesale Club

BJ's Wholesale Club Holdings, Inc operates as a warehouse club on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products. The company also sells electronics, computers, office supplies and equipment, home products, health and beauty aids, sporting goods, outdoor living, baby products, toys, and jewelry through Website.

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Earnings History and Estimates for BJs Wholesale Club (NYSE:BJ)

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