BJ’s Wholesale Club (NYSE:BJ) Posts Earnings Results, Beats Expectations By $0.07 EPS

BJ’s Wholesale Club (NYSE:BJ) released its quarterly earnings data on Friday. The company reported $1.16 EPS for the quarter, beating the consensus estimate of $1.09 by $0.07, Zacks reports. The company had revenue of $5.35 billion during the quarter, compared to the consensus estimate of $5.35 billion. BJ’s Wholesale Club had a return on equity of 30.40% and a net margin of 2.77%.The firm’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.18 EPS. BJ’s Wholesale Club updated its FY 2025 guidance to 4.300-4.400 EPS.

BJ’s Wholesale Club Stock Performance

NYSE BJ opened at $91.67 on Friday. The company has a quick ratio of 0.17, a current ratio of 0.79 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $12.08 billion, a P/E ratio of 21.03, a P/E/G ratio of 2.41 and a beta of 0.33. The firm has a 50-day moving average price of $92.80 and a two-hundred day moving average price of $102.37. BJ’s Wholesale Club has a 12-month low of $86.68 and a 12-month high of $121.10.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BJ. JPMorgan Chase & Co. dropped their price target on shares of BJ’s Wholesale Club from $110.00 to $90.00 and set a “neutral” rating on the stock in a research report on Monday, November 10th. UBS Group dropped their target price on shares of BJ’s Wholesale Club from $135.00 to $125.00 and set a “buy” rating on the stock in a report on Monday, August 25th. Citigroup reduced their price target on BJ’s Wholesale Club from $120.00 to $115.00 and set a “buy” rating for the company in a report on Monday, August 25th. DA Davidson dropped their price objective on BJ’s Wholesale Club from $140.00 to $123.00 and set a “buy” rating on the stock in a research note on Monday, August 25th. Finally, Gordon Haskett downgraded BJ’s Wholesale Club from a “buy” rating to a “hold” rating and set a $105.00 target price for the company. in a research note on Friday, August 15th. Ten research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, BJ’s Wholesale Club presently has a consensus rating of “Moderate Buy” and a consensus price target of $111.06.

Insider Activity at BJ’s Wholesale Club

In other news, EVP Graham Luce sold 6,300 shares of the business’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $99.86, for a total transaction of $629,118.00. Following the completion of the transaction, the executive vice president owned 11,617 shares of the company’s stock, valued at approximately $1,160,073.62. The trade was a 35.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert W. Eddy sold 17,898 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $89.71, for a total value of $1,605,629.58. Following the sale, the chief executive officer owned 296,735 shares of the company’s stock, valued at approximately $26,620,096.85. This represents a 5.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Sunbelt Securities Inc. acquired a new stake in shares of BJ’s Wholesale Club in the 3rd quarter valued at approximately $34,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in BJ’s Wholesale Club in the 2nd quarter valued at approximately $80,000. Danske Bank A S acquired a new stake in BJ’s Wholesale Club in the third quarter valued at approximately $75,000. BNP Paribas bought a new stake in shares of BJ’s Wholesale Club during the second quarter worth $105,000. Finally, Ossiam acquired a new position in shares of BJ’s Wholesale Club during the second quarter worth $100,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

About BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.