BJ’s Wholesale Club (NYSE:BJ) Price Target Raised to $115.00

BJ’s Wholesale Club (NYSE:BJFree Report) had its target price lifted by UBS Group from $109.00 to $115.00 in a research report released on Monday morning, MarketBeat.com reports. The firm currently has a buy rating on the stock.

A number of other equities research analysts have also recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of BJ’s Wholesale Club in a research note on Wednesday, July 8th. The Goldman Sachs Group reiterated a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BJ’s Wholesale Club in a research note on Friday, August 14th. DA Davidson upped their price target on shares of BJ’s Wholesale Club from $105.00 to $108.00 and gave the company a “buy” rating in a research report on Monday. Finally, Gordon Haskett raised 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. Ten equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $106.06.

Read Our Latest Research Report on BJ’s Wholesale Club

BJ’s Wholesale Club Stock Performance

Shares of NYSE BJ opened at $93.07 on Monday. The stock’s 50-day moving average is $91.90 and its 200 day moving average is $93.73. The stock has a market cap of $11.88 billion, a price-to-earnings ratio of 20.37, a P/E/G ratio of 3.18 and a beta of 0.21. BJ’s Wholesale Club has a 1-year low of $83.21 and a 1-year high of $105.78. The company has a current ratio of 0.73, a quick ratio of 0.19 and a debt-to-equity ratio of 0.18.

BJ’s Wholesale Club (NYSE:BJGet Free Report) last issued its earnings results on Friday, August 21st. The company reported $1.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.19. BJ’s Wholesale Club had a return on equity of 27.40% and a net margin of 2.64%.The business had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the prior year, the firm earned $1.14 earnings per share. BJ’s Wholesale Club’s revenue for the quarter was up 15.7% on a year-over-year basis. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. On average, sell-side analysts anticipate that BJ’s Wholesale Club will post 4.69 EPS for the current fiscal year.

Insider Activity

In other news, SVP Joseph Mcgrail sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $96.65, for a total value of $144,975.00. Following the transaction, the senior vice president owned 13,269 shares in the company, valued at approximately $1,282,448.85. This trade represents a 10.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert W. Eddy sold 4,900 shares of BJ’s Wholesale Club stock in a transaction on Monday, August 24th. The stock was sold at an average price of $100.01, for a total transaction of $490,049.00. Following the completion of the transaction, the chief executive officer directly owned 274,330 shares in the company, valued at approximately $27,435,743.30. The trade was a 1.75% 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. Over the last 90 days, insiders sold 95,916 shares of company stock valued at $9,458,889. 1.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On BJ’s Wholesale Club

Hedge funds have recently modified their holdings of the company. BOK Financial Private Wealth Inc. bought a new position in shares of BJ’s Wholesale Club during the fourth quarter valued at about $25,000. Strive Financial Group LLC bought a new stake in shares of BJ’s Wholesale Club in the fourth quarter worth about $25,000. Essential Partners LLC grew its stake in shares of BJ’s Wholesale Club by 81.2% in the first quarter. Essential Partners LLC now owns 290 shares of the company’s stock worth $29,000 after purchasing an additional 130 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in shares of BJ’s Wholesale Club by 147.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 290 shares of the company’s stock worth $26,000 after purchasing an additional 173 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new position in BJ’s Wholesale Club during the 2nd quarter valued at about $28,000. Hedge funds and other institutional investors own 98.60% of the company’s stock.

More BJ’s Wholesale Club News

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About BJ’s Wholesale Club

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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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Analyst Recommendations for BJ's Wholesale Club (NYSE:BJ)

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