The stock of BJ’s Wholesale Club Holdings Inc. (NYSE:BJ) increased by $0.44 on Wednesday to $69.78, up 0.63 percent. The last five days have seen an average of 1,285,474 shares of common stock traded. 13 times new highs were reached in the current year, with a gain of $3.60. The average number of shares traded over the last 20 days was 1,543,359, while the average volume over the last 50 days totaled 1,977,391.
BJ stock appreciated 10.76% since last month. On 07/17/23, the company’s shares reached a one-month low of $62.28. The stock touched a high of $80.41 on 03/09/23, after rallying from a low of $60.33 in 52 weeks. The price of BJ stock has risen by 5.47% or $3.60 this year, reaching a new high 13 times. Still, the stock price is down -13.22% from the 52-week high.
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Insider Transactions
BJ stock investors should be aware that BJ’s Wholesale Club Holdings Inc. (BJ) stock had its last reported insider trading activity 5 days ago on Aug 11. On Aug 11, SVP, Controller McGrail Joseph sold 800 shares at $70.00 each. This transaction resulted in the insider making $56,000. On Aug 11, Eddy Robert W. sold 300 shares at a price of US$70.01. After the transaction, the insider now owns 255,917 shares. EVP, Strategy & Development Werner William C. had earlier sold 100 shares on Aug 11 for $70.04 a share. The transaction was completed for $7,004.
Valuation Metrics
BJ’s Wholesale Club Holdings Inc. (BJ) has a trailing price-to-earnings (P/E) ratio of 18.37. Beta for the stock is 0.44. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.48, the price-to-book (PB) ratio of 8.22, and the price-to-cash flow ratio of 20.05.
Financial Health
For the three months ended April 29, BJ’s Wholesale Club Holdings Inc.’s quick ratio was 0.10, while its current ratio was 0.70, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending April 29 is 0.40, and the total debt to equity ratio is 0.75. As far as profitability goes, gross margin for the trailing twelve months is 18.00% percent. BJ’s Wholesale Club Holdings Inc.’s EBITDA margin for the year ended April 29 was 5.05%, whereas its operating margin stood at 4.00% for the same period. Based on annual data, it had gross profit of $3.43 billion and revenue of $19.32 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. BJ’s return on assets (ROA) during the last 12 months has been 8.00%. There was a 29.00% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 52.00%.
Earnings Surprise
According to BJ’s Wholesale Club Holdings Inc.’s quarterly financial report for the quarter that ended April 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $4.72 billion, while revenues rose by 4.8% to $4.93 billion. It was predicted that BJ’s Wholesale Club Holdings Inc.’s quarterly earnings would be $0.85, but it ended up being $0.85. EBITDA was $241.28 million for the quarter. At the end of BJ’s Wholesale Club Holdings Inc.’s most recent quarter ended April 29, its liabilities totaled 5.36 billion, while its total debt was $3.06 billion. Equity owned by shareholders amounts to $134.37 million.
Technical Picture
Here’s a quick look at BJ’s Wholesale Club Holdings Inc.’s (BJ) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 71.44%, suggesting the stock is Overbought, with a 12.17% historical volatility rate.
The stochastic %K and %D were 84.81% and 85.58% respectively, while the average true range (ATR) was 1.20. Based on the 14-day stochastic reading of 91.92%, the RSI (14) reading is 68.28%. On the 9-day MACD Oscillator, the stock is at 0.29, and the 14-day reading is at 1.09.
Analyst Ratings
In its analyst report released on February 08, 2023, Barclays began covering BJ’s Wholesale Club Holdings Inc. (NYSE: BJ). The stock was rated as an Equal weight by the brokerage firm. Analysts have assigned BJ’s Wholesale Club Holdings Inc. (BJ) an Overweight rating. BJ is a stock that is recommended for selling by 1 brokerage firm, while 8 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 10 others recommend it as a buy.
What is BJ’s price target for the next 12 months?
The current consensus forecast for the stock is between $61.00 and $90.00, with a median target price of $80.00. In analyzing these forecasts, the average price target given by analysts for BJ’s Wholesale Club Holdings Inc. (BJ) is $77.35.
