BJ’s Wholesale Club Holdings Inc (NYSE:BJ) saw a downside of -0.19% to $72.78 after subtracting -$0.14 on Wednesday. The 5-day average trading volume is 1,493,651 shares of the company’s common stock. It has gained $74.76 in the past week and touched a new high 1 time within the past 5 days. An average of 1,628,303 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,773,393.
BJ’s 1-month performance is 12.45% or $7.76 on its low of $64.08 reached on 08/28/23. The company’s shares have touched a 52-week low of $60.33 and high of $80.41, with the stock’s rally to the 52-week high happening on 03/09/23. YTD, BJ has achieved 10.01% or $6.36 and has reached a new high 13 times. However, the current price is down -9.49% from the 52-week high price.
Insider Transactions
BJ stock investors last saw insider trading activity on Sep 18.Eddy Robert W. (President & CEO) most recently sold 19,509 shares at $70.41 per share on Sep 18. This transaction cost the insider $1,373,606. EVP, Strategy & Development, Werner William C., sold 3,799 shares at a price of $70.65 on Sep 18. Then, on Sep 14, President & CEO Eddy Robert W. sold 11,965 shares at a price of $70.04 per share. This transaction amounted to $838,029.
Valuation Metrics
BJ stock has a beta of 0.42. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.50 while the price-to-book (PB) in the most recent quarter is 7.90, with the price to cash flow ratio at 50.14.
BJ’s Wholesale Club Holdings Inc’s quick ratio for the period ended July 30 was 0.12, with the current ratio over the same period at 0.71. As well, the company’s long term debt to equity for the quarter ending July 30 was 2.05, while the total debt to equity was 2.53. In terms of profitability, the gross margin trailing 12 months is 18.33%. The trailing 12-month EBITDA margin is 5.05% while for the period ending July 30, BJ’s Wholesale Club Holdings Inc’s operating margin was 4.08%. The firm’s gross profit as reported stood at $3.43 billion against revenue of $19.32 billion.
Earnings Surprise
For the quarterly period ending July 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -7.37% to $131.33 million, while revenue of $116.08 million was 11.61% off the previous quarter. Analysts expected BJ to announce $0.89 per share in earnings in its latest quarter, but it posted $0.97, representing a 9.00% surprise. EBITDA for the quarter stood at more than $255.43 million. BJ stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 5.37 billion, with total debt at $3.11 billion. Shareholders hold equity totaling $133.73 million.
Let’s look briefly at BJ’s Wholesale Club Holdings Inc (BJ) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 63.54% to suggest the stock is trending Neutral, with historical volatility in this time period at 24.49%.
The stock’s 5-day moving average is $72.86, reflecting a -1.53% or -$1.13 change from its current price. BJ is currently trading +9.27% above its 20-day SMA, -1.28% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +15.11% and SMA200 by+3.85%.
Stochastic %K and %D was 82.44% and 82.87% and the average true range (ATR) pointed at 1.63. The RSI (14) points at 63.17%, while the 14-day stochastic is at 75.82% with the period’s ATR at 1.60. The stock’s 9-day MACD Oscillator is pointing at 0.84 and 2.47 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for BJ’s Wholesale Club Holdings Inc (NYSE: BJ), TD Cowen launched coverage with an Outperform rating. Analysts offering their rating for BJ stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate BJ as a “sell,”, while 9 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 11 have offered a “buy” rating.
What is BJ’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $62.00 and a high of $90.00, with their median price target at $79.50. Looking at these predictions, the average price target given by analysts is for BJ’s Wholesale Club Holdings Inc (BJ) stock is $76.22.
