BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Receives $107.63 Average Price Target from Analysts

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has been given an average recommendation of “Hold” by the nineteen brokerages that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $107.3750.

A number of equities research analysts recently weighed in on BJ shares. Evercore reissued a “positive” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. William Blair reissued a “mixed” rating on shares of BJ’s Wholesale Club in a research report on Thursday, March 5th. DA Davidson upped their target price on BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. The Goldman Sachs Group cut their target price on BJ’s Wholesale Club from $139.00 to $123.00 and set a “buy” rating for the company in a research note on Monday, February 2nd. Finally, Wells Fargo & Company upped their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, February 27th.

BJ’s Wholesale Club Price Performance

NYSE:BJ opened at $96.97 on Tuesday. The stock has a market cap of $12.38 billion, a P/E ratio of 22.14, a PEG ratio of 3.30 and a beta of 0.27. BJ’s Wholesale Club has a one year low of $86.68 and a one year high of $120.08. The company has a fifty day moving average price of $95.23 and a 200 day moving average price of $94.33. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.75 and a quick ratio of 0.16.

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

Insider Activity

In other news, SVP Joseph Mcgrail sold 2,050 shares of BJ’s Wholesale Club stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $91.19, for a total transaction of $186,939.50. Following the sale, the senior vice president directly owned 14,769 shares in the company, valued at approximately $1,346,785.11. The trade was a 12.19% decrease in their position. The sale was disclosed in a legal filing 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, CEO Robert W. Eddy sold 8,000 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $91.02, for a total value of $728,160.00. Following the completion of the transaction, the chief executive officer directly owned 306,330 shares of the company’s stock, valued at approximately $27,882,156.60. The trade was a 2.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On BJ’s Wholesale Club

Several institutional investors and hedge funds have recently made changes to their positions in the company. BOK Financial Private Wealth Inc. acquired a new stake in shares of BJ’s Wholesale Club during the fourth quarter worth approximately $25,000. Strive Financial Group LLC acquired a new position in BJ’s Wholesale Club in the fourth quarter worth $25,000. Parkside Financial Bank & Trust boosted its stake in BJ’s Wholesale Club by 147.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after purchasing an additional 173 shares in the last quarter. Eastern Bank acquired a new position in BJ’s Wholesale Club in the third quarter worth $29,000. Finally, Root Financial Partners LLC acquired a new stake in BJ’s Wholesale Club in the 3rd quarter valued at about $29,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

BJ’s Wholesale Club Company Profile

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.