BJ’s Wholesale Club (NYSE:BJ) Reaches New 52-Week Low – Should You Sell?

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as $86.68 and last traded at $89.9760, with a volume of 545097 shares changing hands. The stock had previously closed at $90.59.

Analysts Set New Price Targets

A number of research firms recently weighed in on BJ. Weiss Ratings lowered shares of BJ’s Wholesale Club from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, October 8th. Citigroup reduced their price target on BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Monday, August 25th. DA Davidson dropped their price objective on BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating for the company in a report on Monday, August 25th. Wells Fargo & Company cut their price objective on BJ’s Wholesale Club from $120.00 to $105.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 12th. Finally, JPMorgan Chase & Co. decreased their target price on BJ’s Wholesale Club from $110.00 to $90.00 and set a “neutral” rating for the company in a research report on Monday, November 10th. Ten investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $111.06.

BJ’s Wholesale Club Stock Performance

The firm has a 50 day moving average of $92.94 and a 200-day moving average of $102.56. The company has a market cap of $11.79 billion, a P/E ratio of 20.51, a PEG ratio of 2.43 and a beta of 0.33. The company has a quick ratio of 0.17, a current ratio of 0.79 and a debt-to-equity ratio of 0.19.

BJ’s Wholesale Club (NYSE:BJ) last issued its earnings results on Friday, November 21st. The company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.07. BJ’s Wholesale Club had a return on equity of 30.40% and a net margin of 2.77%.The business had revenue of $5.35 billion during the quarter, compared to analysts’ expectations of $5.35 billion. During the same period in the prior year, the business earned $1.18 EPS. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2025 guidance at 4.300-4.400 EPS. As a group, sell-side analysts anticipate that BJ’s Wholesale Club Holdings, Inc. will post 3.96 EPS for the current fiscal year.

Insider Transactions at BJ’s Wholesale Club

In other news, EVP Graham Luce sold 6,300 shares of the business’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $99.86, for a total value of $629,118.00. Following the completion of the sale, the executive vice president owned 11,617 shares in the company, valued at approximately $1,160,073.62. The trade was a 35.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Robert W. Eddy sold 17,898 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $89.71, for a total transaction of $1,605,629.58. Following the completion of the sale, the chief executive officer directly owned 296,735 shares of the company’s stock, valued at $26,620,096.85. The trade was a 5.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.40% of the company’s stock.

Institutional Trading of BJ’s Wholesale Club

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Kestra Private Wealth Services LLC lifted its stake in shares of BJ’s Wholesale Club by 206.0% during the 1st quarter. Kestra Private Wealth Services LLC now owns 8,453 shares of the company’s stock worth $964,000 after purchasing an additional 5,691 shares during the last quarter. IFP Advisors Inc raised its holdings in BJ’s Wholesale Club by 22.0% in the first quarter. IFP Advisors Inc now owns 510 shares of the company’s stock worth $58,000 after purchasing an additional 92 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in BJ’s Wholesale Club in the first quarter worth about $12,671,000. KLP Kapitalforvaltning AS lifted its position in shares of BJ’s Wholesale Club by 1.4% during the first quarter. KLP Kapitalforvaltning AS now owns 28,200 shares of the company’s stock valued at $3,218,000 after buying an additional 400 shares during the last quarter. Finally, Venturi Wealth Management LLC boosted its holdings in shares of BJ’s Wholesale Club by 3.5% in the 1st quarter. Venturi Wealth Management LLC now owns 3,087 shares of the company’s stock valued at $352,000 after buying an additional 104 shares in the last quarter. Institutional investors own 98.60% of the company’s stock.

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.