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BJ’s Wholesale Club Holdings, Inc. (NYSE: BJ) Director Robert Allan Steele sold 11,812 shares in the company in a transaction on Wednesday, December 15. The shares were sold at an average price of $ 67.13 for a total value of $ 792,939.56. The sale was disclosed in a document filed with the SEC, which can be accessed on the SEC website.
BJ’s Wholesale Club stock rose $ 0.18 during midday trading on Friday to hit $ 65.45. The company’s stock had a trading volume of 1,823,334 shares versus an average volume of 1,544,871 shares. BJ’s Wholesale Club Holdings, Inc. has a 52-week low of $ 36.71 and a 52-week high of $ 74.09. The company has a current ratio of 0.76, a quick ratio of 0.16, and a leverage ratio of 1.32. The company has a 50-day moving average price of $ 62.76 and a 200-day moving average price of $ 55.61. The stock has a market capitalization of $ 8.90 billion, a P / E of 21.78, a price to earnings / growth ratio of 2.12, and a beta of 0.44.
BJ’s Wholesale Club (NYSE: BJ) last released its earnings results on Thursday, November 18th. The company reported earnings per share (EPS) for the quarter of $ 0.91, beating Zacks’ consensus estimate of $ 0.81 by $ 0.10. BJ’s Wholesale Club had a return on equity of 97.54% and a net margin of 2.55%. The company had revenue of $ 4.26 billion for the quarter, compared to analyst expectations of $ 3.93 billion. For the same quarter last year, the company had earnings per share of $ 0.92. The company’s revenue for the quarter increased 14.3% year over year. As a group, research analysts predict that BJ’s Wholesale Club Holdings, Inc. will post 3.18 EPS for the current fiscal year.
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Several stock research analysts have issued reports on BJ stocks. Robert W. Baird raised his price target for BJ’s Wholesale Club from USD 60.00 to USD 80.00 and rated the company as “outperform†in a report dated Friday, November 19. Zacks Investment Research downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a price target of $ 64.00 for the company. in a report on Tuesday, October 26th. Credit Suisse Group raised its target price for the BJ Wholesale Club from USD 52.00 to USD 60.00 and rated the share as “outperform†in a report on Monday, August 23. DA Davidson raised its target price on BJ’s Wholesale Club from $ 53.00 to $ 60.00 and gave the stock a buy recommendation in a report dated Friday, August 20. Finally, Loop Capital raised its price target for BJ’s Wholesale Club from $ 65.00 to $ 80.00 and gave the stock a “Buy” rating in a report on Friday, November 19. Nine analysts have given the share a hold rating and ten with a buy rating. Based on data from MarketBeat, BJ’s Wholesale Club currently has an average rating of “Buy” and an average price target of $ 65.62.
A number of institutional investors recently added or reduced their stakes in the business. Jefferies Group LLC increased its stake in BJ’s Wholesale Club by 101.4% in the third quarter. Jefferies Group LLC now owns 3,635 shares of the company valued at $ 200,000 after purchasing an additional 260,302 shares last quarter. Moors & Cabot Inc. increased its stake in BJ’s Wholesale Club by 3.9% in the third quarter. Moors & Cabot Inc. now owns 4,633 shares in the company, valued at $ 256,000, after purchasing an additional 175 shares last quarter. Tealwood Asset Management Inc. purchased a new stake in BJ’s Wholesale Club for approximately $ 3,246,000 in the third quarter. Balyasny Asset Management LLC purchased a new stake in BJ’s Wholesale Club worth approximately $ 29,025,000 in the third quarter. Finally, Comerica Bank increased its stake in BJ’s Wholesale Club by 33.5% in the third quarter. Comerica Bank now owns 109,086 shares in the company valued at $ 6,690,000 after purchasing an additional 27,347 shares last quarter.
Via BJ’s Wholesale Club
BJ’s Wholesale Club Holdings, Inc. operates the Membership Warehouse Club. Product categories include food; Household and pet; Television and electronics; Furniture; Computers and tablets; Patio and outdoor living; Lawn and garden; Baby and children; Toys; Homeland; Health and beauty; Domestic appliances; and jewelry.
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