BJ’s Wholesale Club (NYSE:BJ) Issues FY25 Earnings Guidance

BJ’s Wholesale Club (NYSE:BJ) updated its FY25 earnings guidance on Thursday. The company provided EPS guidance of $3.75-4.00 for the period, compared to the consensus EPS estimate of $3.93.

BJ’s Wholesale Club Trading Up 2.3 %

BJ’s Wholesale Club stock traded up $1.84 during mid-day trading on Thursday, hitting $82.33. The stock had a trading volume of 859,376 shares, compared to its average volume of 1,460,058. The stock has a 50-day simple moving average of $76.49 and a two-hundred day simple moving average of $70.62. The stock has a market capitalization of $10.94 billion, a PE ratio of 20.80, a P/E/G ratio of 3.46 and a beta of 0.27. BJ’s Wholesale Club has a 12 month low of $60.33 and a 12 month high of $85.11. The company has a current ratio of 0.73, a quick ratio of 0.14 and a debt-to-equity ratio of 0.27.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, March 7th. The company reported $1.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.05. The firm had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $5.38 billion. BJ’s Wholesale Club had a return on equity of 40.84% and a net margin of 2.64%. The company’s revenue was up 8.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.00 earnings per share. As a group, sell-side analysts forecast that BJ’s Wholesale Club will post 3.92 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on BJ shares. Gordon Haskett lowered BJ’s Wholesale Club from a buy rating to a hold rating and set a $70.00 price target on the stock. in a research report on Wednesday, February 7th. The Goldman Sachs Group raised BJ’s Wholesale Club from a neutral rating to a buy rating and increased their price objective for the stock from $81.00 to $87.00 in a research note on Monday, April 8th. Evercore ISI increased their price target on BJ’s Wholesale Club from $76.00 to $78.00 and gave the company an in-line rating in a research report on Tuesday, May 14th. JPMorgan Chase & Co. raised their target price on BJ’s Wholesale Club from $58.00 to $62.00 and gave the stock an underweight rating in a research report on Friday, March 1st. Finally, Loop Capital reissued a hold rating and issued a $80.00 target price (down from $85.00) on shares of BJ’s Wholesale Club in a research report on Thursday, April 18th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of Hold and an average target price of $74.40.

Insider Transactions at BJ’s Wholesale Club

In other news, Director Christopher J. Baldwin sold 73,062 shares of the firm’s stock in a transaction on Monday, March 11th. The shares were sold at an average price of $73.95, for a total value of $5,402,934.90. Following the transaction, the director now owns 173,294 shares of the company’s stock, valued at approximately $12,815,091.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other BJ’s Wholesale Club news, Director Christopher J. Baldwin sold 73,062 shares of the business’s stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $73.95, for a total transaction of $5,402,934.90. Following the completion of the transaction, the director now directly owns 173,294 shares of the company’s stock, valued at approximately $12,815,091.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert W. Eddy sold 11,000 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $76.70, for a total transaction of $843,700.00. Following the completion of the sale, the chief executive officer now owns 500,792 shares in the company, valued at $38,410,746.40. The disclosure for this sale can be found here. Insiders have sold a total of 98,840 shares of company stock worth $7,408,605 over the last ninety days. 2.00% of the stock is currently owned by company insiders.

BJ’s Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.