Q3 EPS Estimate for BJ’s Wholesale Club Lifted by Analyst

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) – Stock analysts at Zacks Research boosted their Q3 2027 earnings estimates for BJ’s Wholesale Club in a research report issued on Friday, September 4th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.24 per share for the quarter, up from their prior forecast of $1.23. The consensus estimate for BJ’s Wholesale Club’s current full-year earnings is $4.69 per share. Zacks Research also issued estimates for BJ’s Wholesale Club’s Q4 2027 earnings at $1.00 EPS, FY2027 earnings at $4.70 EPS, Q1 2028 earnings at $1.20 EPS, Q2 2028 earnings at $1.36 EPS, Q3 2028 earnings at $1.33 EPS, Q4 2028 earnings at $1.11 EPS, FY2028 earnings at $5.00 EPS, Q1 2029 earnings at $1.29 EPS, Q2 2029 earnings at $1.46 EPS and FY2029 earnings at $5.35 EPS.

BJ’s Wholesale Club (NYSE:BJ) last released its earnings results on Friday, August 21st. The company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.19. BJ’s Wholesale Club had a net margin of 2.64% and a return on equity of 27.40%. The firm had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.97 billion. During the same quarter in the previous year, the firm earned $1.14 earnings per share. The firm’s revenue for the quarter 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.

Other analysts have also recently issued reports about the company. Citigroup increased their price target on BJ’s Wholesale Club from $100.00 to $111.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. JPMorgan Chase & Co. boosted their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Weiss Ratings upgraded BJ’s Wholesale Club from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, August 26th. DA Davidson increased their target price on BJ’s Wholesale Club from $105.00 to $108.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Finally, Roth Capital reiterated a “neutral” rating and issued a $97.00 target price on shares of BJ’s Wholesale Club in a research note on Monday, August 24th. Ten analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $106.06.

BJ’s Wholesale Club Trading Down 3.7%

NYSE BJ opened at $89.72 on Monday. BJ’s Wholesale Club has a one year low of $83.21 and a one year high of $105.78. The company has a 50-day simple moving average of $92.82 and a 200-day simple moving average of $93.19. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.19 and a current ratio of 0.73. The firm has a market capitalization of $11.33 billion, a PE ratio of 19.63, a price-to-earnings-growth ratio of 2.74 and a beta of 0.18.

Insider Activity at BJ’s Wholesale Club

In other news, CEO Robert Eddy sold 4,900 shares of the business’s stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $100.01, for a total transaction of $490,049.00. Following the completion of the transaction, the chief executive officer directly owned 274,330 shares in the company, valued at approximately $27,435,743.30. The trade was a 1.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Joseph Mcgrail sold 1,500 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $96.65, for a total value of $144,975.00. Following the completion of the transaction, the senior vice president directly owned 13,269 shares of the company’s stock, valued at $1,282,448.85. This trade represents a 10.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 79,416 shares of company stock worth $7,938,084 in the last 90 days. 1.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System increased its holdings in shares of BJ’s Wholesale Club by 8,560.2% during the second quarter. California State Teachers Retirement System now owns 13,116,580 shares of the company’s stock valued at $1,144,028,000 after purchasing an additional 12,965,121 shares during the period. BlackRock Inc. acquired a new stake in BJ’s Wholesale Club in the second quarter worth about $1,087,503,000. Victory Capital Management Inc. lifted its holdings in BJ’s Wholesale Club by 57.2% in the fourth quarter. Victory Capital Management Inc. now owns 12,930,288 shares of the company’s stock worth $1,164,114,000 after purchasing an additional 4,704,423 shares during the period. Bank of New York Mellon Corp bought a new position in BJ’s Wholesale Club in the 2nd quarter valued at about $179,649,000. Finally, Norges Bank bought a new position in BJ’s Wholesale Club in the 4th quarter valued at about $151,765,000. Institutional investors and hedge funds own 98.60% of the company’s stock.

About BJ’s Wholesale Club

BJ’s Wholesale Club, headquartered in Westborough, Massachusetts, is a membership-based warehouse retailer offering a wide range of products and services primarily to small businesses and individual consumers. The company operates large-format clubs that provide value-priced groceries, health and beauty products, electronics, home goods, furniture, seasonal items and automotive supplies. In addition to its in-club offerings, BJ’s features fuel stations at many locations and operates an e-commerce platform for online ordering and home delivery.

Founded in 1984 as a division of Zayre Corp., BJ’s Wholesale Club quickly expanded throughout the Northeastern United States.