DA Davidson Forecasts Lower Earnings for BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) – Analysts at DA Davidson decreased their FY2025 EPS estimates for BJ’s Wholesale Club in a research note issued to investors on Monday, November 11th. DA Davidson analyst M. Baker now expects that the company will post earnings of $3.77 per share for the year, down from their previous forecast of $3.79. The consensus estimate for BJ’s Wholesale Club’s current full-year earnings is $3.82 per share. DA Davidson also issued estimates for BJ’s Wholesale Club’s FY2026 earnings at $4.35 EPS.

A number of other brokerages have also recently issued reports on BJ. JPMorgan Chase & Co. raised BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and upped their target price for the stock from $76.00 to $78.00 in a research report on Monday, August 26th. Wells Fargo & Company upped their price objective on shares of BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a report on Tuesday. Roth Mkm lifted their target price on shares of BJ’s Wholesale Club from $68.00 to $75.00 and gave the stock a “neutral” rating in a report on Friday, August 23rd. Melius Research started coverage on shares of BJ’s Wholesale Club in a research report on Monday, September 23rd. They set a “buy” rating and a $90.00 target price for the company. Finally, Bank of America lowered their price target on BJ’s Wholesale Club from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $87.87.

BJ’s Wholesale Club Stock Performance

Shares of NYSE BJ opened at $88.47 on Tuesday. The business’s 50-day simple moving average is $84.42 and its 200-day simple moving average is $84.74. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.15 and a current ratio of 0.76. BJ’s Wholesale Club has a 52 week low of $63.08 and a 52 week high of $92.37. The firm has a market cap of $11.73 billion, a price-to-earnings ratio of 22.34, a P/E/G ratio of 3.25 and a beta of 0.24.

BJ’s Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 36.12%. The firm had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $5.15 billion. During the same period in the prior year, the company posted $0.97 earnings per share. BJ’s Wholesale Club’s revenue for the quarter was up 4.9% on a year-over-year basis.

Institutional Investors Weigh In On BJ’s Wholesale Club

A number of hedge funds and other institutional investors have recently bought and sold shares of BJ. Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of BJ’s Wholesale Club by 158.9% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,189,932 shares of the company’s stock valued at $368,044,000 after purchasing an additional 2,571,709 shares during the last quarter. FMR LLC lifted its holdings in BJ’s Wholesale Club by 7.2% during the 3rd quarter. FMR LLC now owns 14,357,118 shares of the company’s stock worth $1,184,175,000 after buying an additional 966,528 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in BJ’s Wholesale Club by 60.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,387,592 shares of the company’s stock valued at $196,929,000 after buying an additional 896,263 shares during the last quarter. Marshall Wace LLP increased its stake in shares of BJ’s Wholesale Club by 143.6% in the 2nd quarter. Marshall Wace LLP now owns 848,000 shares of the company’s stock valued at $74,488,000 after buying an additional 499,954 shares during the period. Finally, D. E. Shaw & Co. Inc. lifted its stake in shares of BJ’s Wholesale Club by 201.8% during the second quarter. D. E. Shaw & Co. Inc. now owns 591,596 shares of the company’s stock valued at $51,966,000 after acquiring an additional 395,573 shares during the period. 98.60% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, SVP Joseph Mcgrail sold 1,000 shares of the business’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $83.57, for a total value of $83,570.00. Following the sale, the senior vice president now owns 13,566 shares of the company’s stock, valued at $1,133,710.62. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, SVP Joseph Mcgrail sold 1,000 shares of BJ’s Wholesale Club stock in a transaction dated Monday, August 26th. The shares were sold at an average price of $83.57, for a total transaction of $83,570.00. Following the completion of the transaction, the senior vice president now directly owns 13,566 shares of the company’s stock, valued at $1,133,710.62. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Robert W. Eddy sold 11,000 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $85.47, for a total transaction of $940,170.00. Following the completion of the transaction, the chief executive officer now owns 423,792 shares in the company, valued at approximately $36,221,502.24. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 34,000 shares of company stock worth $2,818,390 over the last quarter. Company insiders own 2.00% of the company’s stock.

BJ’s Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.