BJ’s Wholesale Club (NYSE:BJ) Sets New 52-Week Low – Time to Sell?

Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) reached a new 52-week low during trading on Monday . The stock traded as low as $83.21 and last traded at $84.1220, with a volume of 1084174 shares changing hands. The stock had previously closed at $85.22.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on BJ. DA Davidson upped their price target on shares of BJ’s Wholesale Club from $110.00 to $114.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. JPMorgan Chase & Co. lifted their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Wells Fargo & Company boosted their price objective on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Citigroup reduced their target price on BJ’s Wholesale Club from $118.00 to $100.00 and set a “buy” rating on the stock in a report on Tuesday, May 26th. Finally, Evercore reiterated a “positive” rating on shares of BJ’s Wholesale Club in a research note on Thursday, March 5th. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $105.27.

BJ’s Wholesale Club Stock Performance

The company has a market cap of $11.20 billion, a price-to-earnings ratio of 20.18, a P/E/G ratio of 3.13 and a beta of 0.23. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.18 and a current ratio of 0.73. The company has a fifty day moving average of $91.09 and a two-hundred day moving average of $93.93.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Friday, May 22nd. The company reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06. BJ’s Wholesale Club had a return on equity of 26.67% and a net margin of 2.62%.The business had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter in the prior year, the firm earned $1.14 EPS. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 4.51 EPS for the current year.

Insider Activity

In related news, SVP Joseph Mcgrail sold 2,050 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total value of $186,939.50. Following the completion of the transaction, the senior vice president owned 14,769 shares in the company, valued at $1,346,785.11. This trade represents a 12.19% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Scott Schmadeke sold 16,500 shares of BJ’s Wholesale Club stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $92.17, for a total transaction of $1,520,805.00. Following the sale, the executive vice president owned 20,471 shares in the company, valued at approximately $1,886,812.07. This represents a 44.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 26,550 shares of company stock valued at $2,435,904 over the last quarter. 1.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On BJ’s Wholesale Club

A number of hedge funds have recently modified their holdings of the business. BOK Financial Private Wealth Inc. acquired a new position in shares of BJ’s Wholesale Club in the fourth quarter worth approximately $25,000. Strive Financial Group LLC bought a new position in BJ’s Wholesale Club during the 4th quarter worth approximately $25,000. Parkside Financial Bank & Trust raised its holdings in BJ’s Wholesale Club by 147.9% during the 4th quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after purchasing an additional 173 shares during the last quarter. Essential Partners LLC lifted its position in shares of BJ’s Wholesale Club by 81.2% in the 1st quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after purchasing an additional 130 shares during the period. Finally, Sunbelt Securities Inc. acquired a new position in shares of BJ’s Wholesale Club in the 3rd quarter worth approximately $34,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

About BJ’s Wholesale Club

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.