BJ's Wholesale Club (BJ) to Release Quarterly Earnings on Thursday

BJ's Wholesale Club (NYSE:BJ - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, November 21st. Analysts expect BJ's Wholesale Club to post earnings of $0.89 per share for the quarter. BJ's Wholesale Club has set its FY25 guidance at $3.75-4.00 EPS and its FY 2024 guidance at 3.750-4.000 EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings data on Thursday, August 22nd. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate 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 business had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $5.15 billion. During the same quarter last year, the firm earned $0.97 earnings per share. The firm's quarterly revenue was up 4.9% compared to the same quarter last year. On average, analysts expect BJ's Wholesale Club to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

BJ's Wholesale Club Trading Down 1.7 %

Shares of NYSE BJ traded down $1.49 during midday trading on Thursday, hitting $86.98. The company's stock had a trading volume of 645,232 shares, compared to its average volume of 1,464,513. The company has a current ratio of 0.76, a quick ratio of 0.15 and a debt-to-equity ratio of 0.24. The business's 50 day moving average is $84.42 and its two-hundred day moving average is $84.74. BJ's Wholesale Club has a 12-month low of $63.08 and a 12-month high of $92.37. The firm has a market cap of $11.53 billion, a P/E ratio of 22.34, a price-to-earnings-growth ratio of 3.25 and a beta of 0.24.

Insider Buying and Selling

In other BJ's Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of BJ's Wholesale Club stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $79.40, for a total value of $873,400.00. Following the completion of the transaction, the chief executive officer now owns 445,792 shares of the company's stock, valued at approximately $35,395,884.80. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, SVP Joseph Mcgrail sold 1,000 shares of the company's 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 owns 13,566 shares in the company, valued at $1,133,710.62. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Robert W. Eddy sold 11,000 shares of the company's stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $79.40, for a total transaction of $873,400.00. Following the sale, the chief executive officer now directly owns 445,792 shares of the company's stock, valued at approximately $35,395,884.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 34,000 shares of company stock valued at $2,818,390 over the last 90 days. Insiders own 2.00% of the company's stock.

Wall Street Analysts Forecast Growth

BJ has been the topic of a number of research reports. Wells Fargo & Company raised their target price on shares of BJ's Wholesale Club from $92.00 to $100.00 and gave the stock an "overweight" rating in a research report on Tuesday. Roth Mkm increased their price objective on shares of BJ's Wholesale Club from $68.00 to $75.00 and gave the company a "neutral" rating in a research note on Friday, August 23rd. JPMorgan Chase & Co. upgraded shares of BJ's Wholesale Club from an "underweight" rating to a "neutral" rating and increased their price objective for the company from $76.00 to $78.00 in a research note on Monday, August 26th. Bank of America dropped their price objective on shares of BJ's Wholesale Club from $95.00 to $90.00 and set a "buy" rating on the stock in a research note on Friday, August 23rd. Finally, Melius Research initiated coverage on shares of BJ's Wholesale Club in a research note on Monday, September 23rd. They issued a "buy" rating and a $90.00 target price for the company. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $87.87.

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.