Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ – Get Free Report) have earned an average rating of “Hold” from the twenty ratings firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and nine have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $107.6250.
A number of analysts have weighed in on the company. DA Davidson upped their price target on BJ’s Wholesale Club from $110.00 to $114.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Barclays downgraded shares of BJ’s Wholesale Club from an “equal weight” rating to an “underweight” rating and reduced their target price for the company from $115.00 to $90.00 in a research note on Wednesday, January 7th. Jefferies Financial Group lowered shares of BJ’s Wholesale Club from a “buy” rating to a “hold” rating and lowered their target price for the stock from $120.00 to $90.00 in a report on Wednesday, January 28th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of BJ’s Wholesale Club in a research report on Thursday, January 8th. They set a “hold” rating for the company. Finally, Citigroup reissued a “buy” rating on shares of BJ’s Wholesale Club in a report on Friday, February 20th.
Read Our Latest Analysis on BJ’s Wholesale Club
BJ’s Wholesale Club Stock Up 0.1%
BJ’s Wholesale Club (NYSE:BJ – Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.03. The company had revenue of $5.58 billion for the quarter, compared to analyst estimates of $5.54 billion. BJ’s Wholesale Club had a return on equity of 27.55% and a net margin of 2.70%.The company’s revenue was up 5.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.93 EPS. BJ’s Wholesale Club has set its FY 2026 guidance at 4.400-4.600 EPS. Equities analysts predict that BJ’s Wholesale Club will post 3.96 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Creative Planning boosted its holdings in shares of BJ’s Wholesale Club by 5.6% in the 2nd quarter. Creative Planning now owns 16,238 shares of the company’s stock worth $1,751,000 after acquiring an additional 868 shares in the last quarter. TD Waterhouse Canada Inc. increased its holdings in BJ’s Wholesale Club by 7.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 5,989 shares of the company’s stock valued at $641,000 after purchasing an additional 415 shares in the last quarter. Ensign Peak Advisors Inc increased its holdings in BJ’s Wholesale Club by 1.5% during the 2nd quarter. Ensign Peak Advisors Inc now owns 62,462 shares of the company’s stock valued at $6,735,000 after purchasing an additional 936 shares in the last quarter. Catalyst Funds Management Pty Ltd bought a new position in BJ’s Wholesale Club in the 2nd quarter valued at $205,000. Finally, Magnetar Financial LLC bought a new position in BJ’s Wholesale Club in the 2nd quarter valued at $642,000. Institutional investors own 98.60% of the company’s stock.
BJ’s Wholesale Club Company Profile
BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.
Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.
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