BJ’s Wholesale Club (NYSE:BJ) Hits New 1-Year High – Should You Buy?

Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) reached a new 52-week high during mid-day trading on Friday. The stock traded as high as $108.09 and last traded at $106.9110, with a volume of 36,177 shares trading hands. The stock had previously closed at $105.41.

Analysts Set New Price Targets

Several research firms recently issued reports on BJ. The Goldman Sachs Group reissued a “buy” rating on shares of BJ’s Wholesale Club in a research report on Monday, August 24th. Roth Capital reiterated a “neutral” rating and issued a $97.00 price objective on shares of BJ’s Wholesale Club in a research report on Monday, August 24th. Gordon Haskett upgraded shares of BJ’s Wholesale Club from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research report on Wednesday, July 29th. William Blair downgraded BJ’s Wholesale Club from a “mixed” rating to a “hold” rating in a report on Monday, August 17th. Finally, Citigroup raised their price objective on BJ’s Wholesale Club from $100.00 to $111.00 and gave the company a “buy” rating in a research report on Monday, August 24th. Eleven analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $106.06.

BJ’s Wholesale Club Stock Performance

The company has a market cap of $13.41 billion, a PE ratio of 23.12, a P/E/G ratio of 3.04 and a beta of 0.17. The company has a quick ratio of 0.19, a current ratio of 0.73 and a debt-to-equity ratio of 0.18. The business’s fifty day moving average is $96.17 and its 200-day moving average is $94.44.

BJ’s Wholesale Club (NYSE:BJ) last released 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 net margin of 2.62% and a return on equity of 27.40%. The company had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same period in the prior year, the firm posted $1.14 EPS. The firm’s quarterly revenue was up 15.7% compared to the same quarter last year. BJ’s Wholesale Club has set its FY 2026 guidance at 4.600-4.800 EPS. As a group, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 4.70 EPS for the current fiscal year.

Insider Buying and Selling

In other BJ’s Wholesale Club news, EVP William Werner sold 3,000 shares of BJ’s Wholesale Club stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $95.00, for a total transaction of $285,000.00. Following the completion of the sale, the executive vice president directly owned 50,160 shares of the company’s stock, valued at $4,765,200. The trade was a 5.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Laura L. Felice sold 8,452 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $104.95, for a total transaction of $887,037.40. Following the completion of the transaction, the executive vice president directly owned 84,416 shares of the company’s stock, valued at $8,859,459.20. This trade represents a 9.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 218,436 shares of company stock worth $22,238,536. 1.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BJ. BlackRock Inc. purchased a new position in shares of BJ’s Wholesale Club in the 2nd quarter valued at approximately $1,087,503,000. Wellington Management Group LLP increased its stake in shares of BJ’s Wholesale Club by 15.4% in the 2nd quarter. Wellington Management Group LLP now owns 3,282,291 shares of the company’s stock valued at $286,281,000 after purchasing an additional 436,827 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth approximately $179,649,000. Bank of America Corp DE acquired a new position in shares of BJ’s Wholesale Club during the 2nd quarter worth about $108,684,000. Finally, Amundi increased its position in shares of BJ’s Wholesale Club by 31.7% during the second quarter. Amundi now owns 1,122,060 shares of the company’s stock worth $97,866,000 after purchasing an additional 270,253 shares in the last quarter. 98.60% of the stock is currently owned by hedge funds and other institutional investors.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc operates membership-based warehouse clubs in the United States. The company sells a wide selection of groceries, fresh foods, household essentials, electronics, furniture, appliances, apparel, health and beauty products, and other general merchandise. Its business model is built around offering products in bulk and at discounted prices to members.

BJ’s also operates gas stations at many of its warehouse clubs and provides services such as optical centers, tire centers, home improvement services, and online grocery fulfillment in select locations.