BJ’s Wholesale Club (NYSE:BJ) Sets New 52-Week High – Should You Buy?

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ)’s stock price hit a new 52-week high during trading on Thursday. The stock traded as high as $106.04 and last traded at $105.0720, with a volume of 411,632 shares. The stock had previously closed at $103.39.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Weiss Ratings raised shares of BJ’s Wholesale Club from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. William Blair cut shares of BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a research report on Monday, August 17th. UBS Group raised their price target on BJ’s Wholesale Club from $109.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, August 24th. The Goldman Sachs Group reissued a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, August 24th. Finally, Gordon Haskett upgraded BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research note on Wednesday, July 29th. Eleven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $106.06.

BJ’s Wholesale Club Stock Performance

The company has a fifty day moving average price of $93.99 and a two-hundred day moving average price of $92.62. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.73 and a quick ratio of 0.19. The company has a market capitalization of $13.07 billion, a P/E ratio of 22.65, a PEG ratio of 2.92 and a beta of 0.17.

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, topping analysts’ consensus estimates of $1.17 by $0.19. The firm 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 company’s revenue for the quarter was up 15.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.14 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. Equities analysts forecast that BJ’s Wholesale Club Holdings, Inc. will post 4.70 earnings per share for the current fiscal year.

Insider Activity at BJ’s Wholesale Club

In other BJ’s Wholesale Club news, EVP William C. Werner sold 3,000 shares of the stock in a transaction dated 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 sale, the executive vice president owned 50,160 shares in the company, valued at approximately $4,765,200. This trade represents a 5.64% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Joseph Mcgrail sold 1,500 shares of BJ’s Wholesale Club stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total value of $144,975.00. Following the sale, the senior vice president owned 13,269 shares in the company, valued at $1,282,448.85. This trade represents a 10.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 90,416 shares of company stock valued at $8,984,844 over the last ninety days. Corporate insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On BJ’s Wholesale Club

A number of large investors have recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of BJ’s Wholesale Club in the 2nd quarter worth $1,087,503,000. Bank of New York Mellon Corp bought a new stake in BJ’s Wholesale Club in the second quarter worth $179,649,000. Bank of America Corp DE bought a new stake in shares of BJ’s Wholesale Club in the 2nd quarter valued at about $108,684,000. Primecap Management Co. CA purchased a new stake in shares of BJ’s Wholesale Club during the second quarter valued at approximately $70,452,000. Finally, TimesSquare Capital Management LLC bought a new stake in BJ’s Wholesale Club during the 2nd quarter valued at $60,127,000. 98.60% of the stock is currently owned by institutional investors.

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.