DA Davidson Has Bearish Estimate for BJ FY2025 Earnings

BJ's Wholesale Club Holdings, Inc. (NYSE:BJ - Free Report) - Stock analysts at DA Davidson cut their FY2025 earnings estimates for shares of BJ's Wholesale Club in a research note issued to investors on Monday, November 11th. DA Davidson analyst M. Baker now expects that the company will earn $3.77 per share for the year, down from their prior forecast of $3.79. The consensus estimate for BJ's Wholesale Club's current full-year earnings is $3.82 per share. DA Davidson also issued estimates for BJ's Wholesale Club's FY2026 earnings at $4.35 EPS.

BJ's Wholesale Club (NYSE:BJ - Get Free Report) last announced its quarterly earnings results on Thursday, August 22nd. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.09. The business had revenue of $5.21 billion during the quarter, compared to analysts' expectations of $5.15 billion. BJ's Wholesale Club had a net margin of 2.62% and a return on equity of 36.12%. 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 company posted $0.97 EPS.

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

BJ's Wholesale Club Trading Down 0.8 %

Shares of NYSE:BJ traded down $0.69 on Tuesday, hitting $88.93. The company had a trading volume of 686,120 shares, compared to its average volume of 1,466,468. The firm's 50-day simple moving average is $84.02 and its two-hundred day simple moving average is $84.63. BJ's Wholesale Club has a 1 year low of $63.08 and a 1 year high of $92.37. The company has a quick ratio of 0.15, a current ratio of 0.76 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $11.79 billion, a price-to-earnings ratio of 22.64, a P/E/G ratio of 3.35 and a beta of 0.24.

Insider Activity

In other BJ's Wholesale Club news, SVP Joseph Mcgrail sold 1,000 shares of the stock in a transaction on 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 trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, SVP Joseph Mcgrail sold 1,000 shares of the business's stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $83.57, for a total value of $83,570.00. Following the completion of the sale, the senior vice president now owns 13,566 shares in the company, valued at approximately $1,133,710.62. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert W. Eddy sold 11,000 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $79.40, for a total value of $873,400.00. Following the transaction, the chief executive officer now directly owns 445,792 shares in the company, valued at $35,395,884.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 34,000 shares of company stock worth $2,818,390 in the last three months. Company insiders own 2.00% of the company's stock.

Institutional Investors Weigh In On BJ's Wholesale Club

Institutional investors and hedge funds have recently made changes to their positions in the stock. Creative Planning lifted its position in BJ's Wholesale Club by 10.7% during the second quarter. Creative Planning now owns 9,298 shares of the company's stock valued at $817,000 after purchasing an additional 898 shares during the period. Raymond James & Associates grew its position in shares of BJ's Wholesale Club by 99.9% in the second quarter. Raymond James & Associates now owns 764,474 shares of the company's stock valued at $67,151,000 after purchasing an additional 382,114 shares during the period. Tidal Investments LLC raised its holdings in shares of BJ's Wholesale Club by 96.8% during the first quarter. Tidal Investments LLC now owns 19,840 shares of the company's stock valued at $1,501,000 after acquiring an additional 9,759 shares during the last quarter. LVW Advisors LLC purchased a new position in BJ's Wholesale Club in the 2nd quarter valued at $589,000. Finally, Bayesian Capital Management LP purchased a new stake in BJ's Wholesale Club during the 1st quarter valued at about $908,000. 98.60% of the stock is currently owned by institutional investors and hedge funds.

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.