BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Stock Has Consensus Price Target of $106.06 According to Analysts

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) has been assigned an average rating of “Moderate Buy” from the twenty ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $106.06.

BJ has been the subject of a number of research analyst reports. Wall Street Zen upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating in a report on Saturday, August 29th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of BJ’s Wholesale Club in a report on Friday, August 14th. Roth Capital restated a “neutral” rating and set a $97.00 price target on shares of BJ’s Wholesale Club in a report on Monday, August 24th. DA Davidson set a $108.00 target price on shares of BJ’s Wholesale Club in a research report on Thursday, October 8th. Finally, UBS Group upped their price target on shares of BJ’s Wholesale Club from $109.00 to $115.00 and gave the stock a “buy” rating in a research note on Monday, August 24th.

BJ’s Wholesale Club Stock Down 0.3%

NYSE BJ opened at $99.47 on Friday. BJ’s Wholesale Club has a 12 month low of $83.21 and a 12 month high of $105.78. The company has a market capitalization of $12.57 billion, a P/E ratio of 21.77, a PEG ratio of 2.93 and a beta of 0.17. The company’s 50 day simple moving average is $93.86 and its 200 day simple moving average is $92.60. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19.

BJ’s Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.19. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.62%. The company had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $5.97 billion. During the same quarter in the prior year, the company earned $1.14 earnings per share. The firm’s revenue was up 15.7% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities research analysts expect that BJ’s Wholesale Club will post 4.70 earnings per share for the current fiscal year.

Insider Activity at BJ’s Wholesale Club

In related news, SVP Joseph Mcgrail sold 1,500 shares of BJ’s Wholesale Club stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total transaction of $144,975.00. Following the sale, the senior vice president directly owned 13,269 shares of the company’s stock, valued at $1,282,448.85. This trade represents a 10.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP William C. Werner sold 3,000 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $95.00, for a total value of $285,000.00. Following the completion of the transaction, the executive vice president directly owned 50,160 shares of the company’s stock, valued at approximately $4,765,200. This trade represents a 5.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 90,416 shares of company stock worth $8,984,844 in the last 90 days. 1.10% of the stock is owned by company 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. Victory Capital Management Inc. raised its stake in shares of BJ’s Wholesale Club by 57.2% in the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock valued at $1,164,114,000 after acquiring an additional 4,704,423 shares during the last quarter. BlackRock Inc. bought a new stake in BJ’s Wholesale Club during the 2nd quarter worth about $1,087,503,000. River Road Asset Management LLC lifted its position in shares of BJ’s Wholesale Club by 9.6% during the fourth quarter. River Road Asset Management LLC now owns 3,403,710 shares of the company’s stock worth $306,436,000 after purchasing an additional 297,952 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of BJ’s Wholesale Club by 15.4% during the second quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company’s stock valued at $286,281,000 after purchasing an additional 436,827 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of BJ’s Wholesale Club in the second quarter valued at approximately $179,649,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc operates a membership-based warehouse club business in the United States. Through its BJ’s Wholesale Club locations, the company offers members a broad selection of products at discounted prices, including groceries, fresh foods, household essentials, electronics, appliances, furniture, apparel, health and beauty products, and seasonal merchandise.

The company also operates gasoline stations at many of its clubs and provides services such as optical, tire, and home-improvement offerings in select locations.