Zacks Research Has Pessimistic Outlook of BJ Q3 Earnings

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) – Research analysts at Zacks Research dropped their Q3 2026 earnings per share (EPS) estimates for BJ’s Wholesale Club in a report issued on Thursday, June 5th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $1.09 per share for the quarter, down from their prior forecast of $1.15. The consensus estimate for BJ’s Wholesale Club’s current full-year earnings is $3.96 per share. Zacks Research also issued estimates for BJ’s Wholesale Club’s FY2026 earnings at $4.29 EPS, Q1 2027 earnings at $1.10 EPS, Q2 2027 earnings at $1.26 EPS, FY2027 earnings at $4.62 EPS, Q1 2028 earnings at $1.19 EPS and FY2028 earnings at $4.98 EPS.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Thursday, May 22nd. The company reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.23. BJ’s Wholesale Club had a return on equity of 35.41% and a net margin of 2.71%. The company had revenue of $5.15 billion during the quarter, compared to the consensus estimate of $5.18 billion. During the same period in the previous year, the firm posted $0.85 earnings per share. BJ’s Wholesale Club’s quarterly revenue was up 4.8% compared to the same quarter last year.

Other equities analysts also recently issued reports about the company. Evercore ISI decreased their target price on BJ’s Wholesale Club from $115.00 to $110.00 and set an “in-line” rating for the company in a research note on Tuesday, April 1st. Robert W. Baird lifted their target price on BJ’s Wholesale Club from $125.00 to $130.00 and gave the company an “outperform” rating in a research note on Friday, May 23rd. Wells Fargo & Company reissued an “overweight” rating and issued a $127.00 price target (up previously from $125.00) on shares of BJ’s Wholesale Club in a research note on Friday, May 23rd. Morgan Stanley raised their price target on BJ’s Wholesale Club from $115.00 to $125.00 and gave the company an “equal weight” rating in a report on Friday, May 23rd. Finally, Loop Capital reaffirmed a “hold” rating and issued a $120.00 price objective (up previously from $110.00) on shares of BJ’s Wholesale Club in a report on Friday, May 23rd. Eight investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $116.12.

BJ’s Wholesale Club Stock Performance

Shares of BJ stock opened at $109.11 on Monday. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The business has a 50 day moving average of $114.63 and a two-hundred day moving average of $105.70. BJ’s Wholesale Club has a 52 week low of $76.33 and a 52 week high of $121.10. The company has a market cap of $14.41 billion, a P/E ratio of 26.23, a PEG ratio of 4.50 and a beta of 0.47.

Insider Buying and Selling

In related news, Director Steven L. Ortega acquired 1,740 shares of the business’s stock in a transaction dated Tuesday, May 27th. The stock was bought at an average price of $114.60 per share, for a total transaction of $199,404.00. Following the transaction, the director now owns 8,641 shares of the company’s stock, valued at approximately $990,258.60. The trade was a 25.21% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Robert W. Eddy sold 17,900 shares of the stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $111.98, for a total value of $2,004,442.00. Following the sale, the chief executive officer now owns 386,233 shares of the company’s stock, valued at $43,250,371.34. This trade represents a 4.43% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 346,405 shares of company stock worth $39,457,128 in the last ninety days. 1.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

A number of institutional investors and hedge funds have recently modified their holdings of the stock. IFP Advisors Inc lifted its holdings in shares of BJ’s Wholesale Club by 22.0% in the first quarter. IFP Advisors Inc now owns 510 shares of the company’s stock valued at $58,000 after purchasing an additional 92 shares in the last quarter. Greenleaf Trust lifted its holdings in shares of BJ’s Wholesale Club by 4.3% in the first quarter. Greenleaf Trust now owns 2,450 shares of the company’s stock valued at $280,000 after purchasing an additional 101 shares in the last quarter. CreativeOne Wealth LLC lifted its holdings in shares of BJ’s Wholesale Club by 2.9% in the first quarter. CreativeOne Wealth LLC now owns 3,636 shares of the company’s stock valued at $415,000 after purchasing an additional 102 shares in the last quarter. Venturi Wealth Management LLC lifted its holdings in shares of BJ’s Wholesale Club by 3.5% in the first quarter. Venturi Wealth Management LLC now owns 3,087 shares of the company’s stock valued at $352,000 after purchasing an additional 104 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its holdings in shares of BJ’s Wholesale Club by 0.5% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 20,003 shares of the company’s stock valued at $1,787,000 after purchasing an additional 105 shares in the last quarter. Institutional investors and hedge funds own 98.60% of the company’s stock.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.