BJ’s Wholesale Club (BJ) Projected to Post Quarterly Earnings on Thursday

BJ’s Wholesale Club (NYSE:BJ) is anticipated to issue its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.86 per share and revenue of $5.29 billion for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

BJ’s Wholesale Club Trading Up 1.8 %

NYSE BJ opened at $101.19 on Wednesday. The stock has a market capitalization of $13.37 billion, a P/E ratio of 24.32, a P/E/G ratio of 4.50 and a beta of 0.28. BJ’s Wholesale Club has a 52-week low of $71.81 and a 52-week high of $108.00. The firm has a 50-day moving average price of $98.41 and a 200 day moving average price of $91.22. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on BJ shares. JPMorgan Chase & Co. raised their target price on shares of BJ’s Wholesale Club from $87.00 to $101.00 and gave the stock a “neutral” rating in a research report on Monday. Morgan Stanley raised their price objective on shares of BJ’s Wholesale Club from $90.00 to $98.00 and gave the stock an “equal weight” rating in a report on Friday, November 22nd. Jefferies Financial Group lifted their price target on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Citigroup lifted their price objective on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. Finally, Roth Mkm boosted their price target on shares of BJ’s Wholesale Club from $75.00 to $87.00 and gave the stock a “neutral” rating in a research report on Monday, November 25th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $96.24.

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.