BJ’s Wholesale Club Holdings Inc. (NYSE:BJ) finished Wednesday with an addition of $0.04 to close at $66.20, an upside of 0.06 percent. An average of 3,018,000 shares of common stock have been traded in the last five days. There was a fall of -$3.01 in the past week, and it reached a new high 10 times over the past 12 months. The last 20 days have seen an average of 1,922,845 shares traded, while the 50-day average volume stands at 2,021,142.
BJ stock has increased by 1.50% in the last month. The company shares reached their 1-month lowest point of $63.79 on 07/25/23. With the stock rallying to its 52-week high on 03/09/23, shares of the company touched a low of $60.33 and a high of $80.41 in 52 weeks. It has reached a new high 13 times so far this year and achieved 0.06% or $0.04 in price. In spite of this, the price is down -17.67% from the 52-week high.
Insider Transactions
BJ stock investors should be aware that BJ’s Wholesale Club Holdings Inc. (BJ) stock had its last reported insider trading activity 7 days ago on Aug 17. In this transaction, the insider spent $272,525. EVP, Strategy & Development, Werner William C., disposed of 481 shares at a price of $70.21 on Aug 17. The insider now owns more than $33,771 worth of shares. Prior to that, President & CEO Eddy Robert W. went on to Sale 1,399 shares at $70.02 each on Aug 16. An amount of $97,958 was transacted.
Valuation Metrics
BJ’s Wholesale Club Holdings Inc. (BJ) has a trailing price-to-earnings (P/E) ratio of 17.43. The stock’s beta is 0.45. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.45, the price-to-book (PB) ratio at 7.80, and the price-to-cash flow ratio at 18.98.
Financial Health
The quick ratio of BJ’s Wholesale Club Holdings Inc. for the three months ended July 30 was 0.10, and the current ratio was 0.70, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.40 and a total debt to equity ratio of 0.75 for the quarter ending July 30. BJ’s Wholesale Club Holdings Inc.’s EBITDA margin for the year ending July 30 is 5.05%, while its operating margin for the same period stands at 4.00%. Its gross profit as reported stood at $3.43 billion compared to revenue of $19.32 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, BJ’s Wholesale Club Holdings Inc.’s return on assets was 8.00%.
Earnings Surprise
For the three-month period that ended July 30, BJ’s Wholesale Club Holdings Inc. had $448.0 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $116.08 million in the quarter, while revenues of $129.78 million were grew 3.13%. The analyst consensus anticipated BJ’s Wholesale Club Holdings Inc.’s latest quarter earnings to come in at $0.89 per share, but it turned out to be $0.97, a 9.00% surprise. For the quarter, EBITDA amounted to $241.28 million. Shareholders own equity worth $134.37 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at BJ’s Wholesale Club Holdings Inc. (BJ) price momentum. RSI 9-day as of the close on 23 August was 37.49%, suggesting the stock is Neutral, with historical volatility in this time frame at 29.57%.
As of today, BJ’s price is $68.00 -4.35% or -$3.01 from its 5-day moving average. BJ is currently trading +1.86% higher than its 20-day SMA and -11.43% lower than its 100-day SMA. However, the stock’s current price level is +8.35% above the SMA50 and -14.77% below the SMA200.
The stochastic %K and %D were 41.40% and 57.54%, respectively, and the average true range (ATR) was 1.73. With the 14-day stochastic at 32.61% and the average true range at 1.58, the RSI (14) stands at 44.54%. The stock has reached -1.19 on the 9-day MACD Oscillator while the 14-day reading was at -1.22.
Analyst Ratings
Barclays launched coverage on BJ’s Wholesale Club Holdings Inc. (NYSE: BJ) in its analyst report released on February 08, 2023. The firm assigned the stock an Equal weight rating.
What is BJ’s price target for the next 12 months?
Analysts predict a range of price targets between $62.00 and $90.00, with a median target of $77.00. Taking a look at these predictions, the average price target given by analysts for BJ’s Wholesale Club Holdings Inc. (BJ) stock is $75.78.
