BJ’s Wholesale Club (NYSE:BJ) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of BJ’s Wholesale Club (NYSE:BJ) from a buy rating to a hold rating in a research note issued to investors on Saturday,Wall Street Zen reports.

Several other research analysts have also recently commented on the stock. Citigroup boosted their price target on shares of BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Weiss Ratings raised shares of BJ’s Wholesale Club from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Roth Capital restated a “neutral” rating and set a $97.00 price objective on shares of BJ’s Wholesale Club in a research report on Monday, August 24th. The Goldman Sachs Group restated a “buy” rating on shares of BJ’s Wholesale Club in a report on Monday, August 24th. Finally, Gordon Haskett upgraded shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a report on Wednesday, July 29th. Eleven investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and an average target price of $106.06.

BJ’s Wholesale Club Stock Up 0.3%

BJ’s Wholesale Club stock opened at $106.21 on Friday. BJ’s Wholesale Club has a fifty-two week low of $83.21 and a fifty-two week high of $107.73. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The firm has a 50 day moving average price of $95.49 and a 200 day moving average price of $94.21. The company has a market capitalization of $13.42 billion, a PE ratio of 23.24, a price-to-earnings-growth ratio of 3.11 and a beta of 0.17.

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

Insider Transactions at BJ’s Wholesale Club

In related news, EVP Laura Felice sold 8,452 shares of the company’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $104.95, for a total value of $887,037.40. Following the completion of the sale, the executive vice president directly owned 84,416 shares of the company’s stock, valued at $8,859,459.20. This represents a 9.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 company’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $104.00, for a total value of $832,000.00. Following the completion of the sale, the chief executive officer directly owned 258,330 shares of the company’s stock, valued at approximately $26,866,320. This trade represents a 3.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 291,452 shares of company stock valued at $29,541,597 over the last quarter. Company insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On BJ’s Wholesale Club

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at $28,000. Essential Partners LLC boosted its stake in BJ’s Wholesale Club by 81.2% during 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. Keating Financial Advisory Services Inc. acquired a new stake in BJ’s Wholesale Club during the 2nd quarter worth $35,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in BJ’s Wholesale Club during the 2nd quarter worth $37,000. Finally, Versant Capital Management Inc grew its position in BJ’s Wholesale Club by 63.1% during the 3rd quarter. Versant Capital Management Inc now owns 796 shares of the company’s stock worth $73,000 after purchasing an additional 308 shares during the last quarter. Hedge funds and other institutional investors own 98.60% of the company’s stock.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ’s also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.