As of Friday close, BJ’s Wholesale Club Holdings Inc.’s (NYSE:BJ) stock was down -$0.73, moving down -0.96 percent to $75.12. The average number of shares traded per day over the past five days has been 2,143,500 shares. 2 times new highs have been achieved over the past 5 days, with a $0.34 gain in that time frame. In the last twenty days, the average volume was 1,665,535, while in the previous 50 days, it was 1,473,910.
Since last month, BJ stock retreated -0.70%. Shares of the company fell to $70.53 on 03/01/23, the lowest level in the past month. A 52-week high of $80.41 was reached on 03/09/23 after having rallying from a 52-week low of $51.45. Since the beginning of this year, BJ’s stock price has risen by 13.54% or $8.96, and marked a new high 13 times. However, the stock has declined by -6.58% since its 52-week high.
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BJ stock investors should be aware that BJ’s Wholesale Club Holdings Inc. (BJ) stock had its last reported insider trading activity 9 days ago on Mar 09. Desroches Jeff, the EVP, Chief Operations Officer of the company, disposed of 7,059 shares for $77.09 on Mar 09. It resulted in a $544,149 divestment by the insider. Desroches Jeff sold 1,716 shares at an average price of $74.83 on Feb 13. The insider now owns 91,881 shares following the transaction. On Jan 31, President & CEO Eddy Robert W. sold 2,862 shares at $71.67 apiece. The transaction was valued at $205,130.
Right now, BJ’s Wholesale Club Holdings Inc. (BJ) has a P/E ratio of about 19.94. The stock’s beta is 0.47. Besides these, the trailing price-to-sales (P/S) ratio of 0.53, the price-to-book (PB) ratio of 10.69, and the price-to-cash flow ratio of 29.51 may also be considered.
In the three months ended January 30, BJ’s Wholesale Club Holdings Inc.’s quick ratio stood at 0.10, while its current ratio was 0.70, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending January 30 was 0.64, and the total debt-to-equity ratio was 0.95. On the profitability front, the trailing twelve-month gross margin is 17.80% percent. In the year ended January 30, operating margins totaled 3.50%. Based on annual data, BJ earned $3.43 billion in gross profit and brought in $19.32 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 34.40%. Return on equity (ROE) for the past 12 months was 61.60%.
In BJ’s Wholesale Club Holdings Inc.’s quarter-end financial report for January 30, it reported total debt of $447.88 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. BJ’s revenue rose 11.6% to $4.79 billion during the quarter, while net income inched up to $4.93 billion. While analysts expected BJ’s Wholesale Club Holdings Inc. to report $0.87 quarterly earnings, the actual figure was $1 per share, beating the consensus estimate by 14.90%. The liabilities of BJ’s Wholesale Club Holdings Inc. were 5.3 billion at the end of its most recent quarter ended January 30, and its total debt was $3.09 billion.
This quick technical analysis looks at BJ’s Wholesale Club Holdings Inc.’s (BJ) price momentum. With a historical volatility rate of 21.47%, the RSI 9-day stood at 55.17% on 17 March.
With respect to its five-day moving average, the current BJ’s Wholesale Club Holdings Inc. price is up by +0.45% percent or $0.34. At present, BJ shares trade -0.36% below its 20-day simple moving average and +5.51% percent above its 100-day simple moving average. However, the stock is currently trading approximately +11.22% above its SMA50 and +29.81% above its SMA200.
Stochastic coefficient K was 60.52% and Stochastic coefficient D was 56.82%, while ATR was 1.84. Given the Stochastic reading of 54.97% for the 14-day period, the RSI (14) reading has been calculated as 55.77%. As of today, the MACD Oscillator reading stands at 0.70, while the 14-day reading stands at 1.37.
Barclays launched its rating on BJ’s Wholesale Club Holdings Inc. (NYSE: BJ) to an Equal weight in a note to investors on February 08, 2023. BJ’s Wholesale Club Holdings Inc. (BJ) has been rated Overweight by analysts. According to 1 brokerage firm, BJ is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate BJ’s Wholesale Club Holdings Inc. stock as buy, with 12 recommending it as overweight.
With a median target price of $85.00, the current consensus forecast for the stock is $67.00 – $97.00. Based on these forecasts, analysts predict BJ’s Wholesale Club Holdings Inc. (BJ) will achieve an average price target of $84.11.