BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) have received a consensus recommendation of “Moderate Buy” from the seventeen research firms that are currently covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a hold recommendation and ten have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $94.88.

A number of analysts recently commented on BJ shares. TD Cowen boosted their target price on shares of BJ’s Wholesale Club from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Jefferies Financial Group boosted their target price on shares of BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. UBS Group boosted their price target on shares of BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a report on Friday, November 22nd. Wells Fargo & Company boosted their price target on shares of BJ’s Wholesale Club from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Finally, Citigroup boosted their price target on shares of BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a report on Wednesday, December 18th.

BJ’s Wholesale Club Trading Down 0.9 %

BJ’s Wholesale Club stock opened at $105.97 on Friday. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. The firm has a 50-day moving average price of $96.84 and a two-hundred day moving average price of $89.71. The firm has a market capitalization of $14.00 billion, a price-to-earnings ratio of 25.47, a PEG ratio of 4.69 and a beta of 0.32. BJ’s Wholesale Club has a 52-week low of $68.30 and a 52-week high of $108.00.

BJ’s Wholesale Club (NYSE:BJ) last posted its earnings results on Thursday, November 21st. The company reported $1.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.29. The firm had revenue of $5.10 billion during the quarter, compared to analyst estimates of $5.12 billion. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. BJ’s Wholesale Club’s revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.98 EPS. Sell-side analysts expect that BJ’s Wholesale Club will post 3.95 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in BJ. Neo Ivy Capital Management bought a new stake in BJ’s Wholesale Club in the third quarter worth approximately $828,000. Sanctuary Advisors LLC grew its position in BJ’s Wholesale Club by 129.0% in the third quarter. Sanctuary Advisors LLC now owns 38,984 shares of the company’s stock worth $3,215,000 after acquiring an additional 21,957 shares in the last quarter. Victory Capital Management Inc. grew its position in BJ’s Wholesale Club by 3.5% in the third quarter. Victory Capital Management Inc. now owns 6,439,358 shares of the company’s stock worth $531,118,000 after acquiring an additional 217,385 shares in the last quarter. Oak Harvest Investment Services bought a new stake in BJ’s Wholesale Club in the fourth quarter worth approximately $670,000. Finally, Quantinno Capital Management LP grew its position in BJ’s Wholesale Club by 44.6% in the third quarter. Quantinno Capital Management LP now owns 23,900 shares of the company’s stock worth $1,971,000 after acquiring an additional 7,374 shares in the last quarter. Institutional investors and hedge funds own 98.60% 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.