Streetbeat News

BJ's Wholesale Club Holdings, Inc.

https://www.bjs.com

Industry

Discount Stores

BJ's Wholesale Club Holdings, Inc., together with its subsidiaries, operates warehouse clubs on the east coast of the United States. It provides perishable, general merchandise, gasoline, and other ancillary services. The company sells its products through the websites BJs.com, BerkleyJensen.com, Wellsleyfarms.com, and Delivery.bjs.com as well as the mobile app. As of June 10, 2022, it operated 229 warehouse clubs and 160 gas locations in 17 states. The company was formerly known as Beacon Holding Inc. and changed its name to BJ's Wholesale Club Holdings, Inc. in February 2018. BJ's Wholesale Club Holdings, Inc. was founded in 1984 and is headquartered in Westborough, Massachusetts.

Open

87.88

Mkt cap

12B

Volume

931K

High

89.00

P/E Ratio

22.38

52-wk high

92.37

Low

87.20

Div yield

N/A

52-wk low

63.08

BJ's Wholesale Club has announced the opening of new locations in Hanover Township, New Jersey, and Southern Pines, North Carolina, scheduled for early 2025.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 10:34 am

BJ's Wholesale Club (NYSE:BJ) has outperformed the market over the past 5 years with an average annual return of 27.46%, significantly higher than the market average. A $100 investment in BJ stock 5 years ago would now be worth $335.39. The company currently has a market capitalization of $11.74 billion.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 6:30 pm

Analysts have provided mixed ratings for BJ's Wholesale Club (NYSE:BJ) over the past quarter, with a recent increase in the average 12-month price target to $85.67. The company has shown positive revenue growth but faces challenges with net margins and debt management.

Portfolio Pulse from Benzinga Insights

June 20, 2024 | 5:00 pm

Evercore ISI Group analyst Greg Melich maintains an In-Line rating on BJ's Wholesale Club (NYSE:BJ) and raises the price target from $86 to $89.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 2:33 pm

BJ's Wholesale Club has expanded its same-day delivery service to include outdoor furniture, grills, and televisions. This move aims to enhance customer convenience and boost sales in these product categories.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 10:35 am

Morgan Stanley's Aaron Dunn advises investors to diversify beyond major tech stocks, recommending BJ's Wholesale Club Holdings Inc (NYSE:BJ) and Thermo Fisher Scientific (NYSE:TMO) for their strong financials and growth potential.

Portfolio Pulse from Benzinga Neuro

June 10, 2024 | 8:54 am

BJ's Wholesale Club (NYSE:BJ) has significantly outperformed the market over the past 5 years, delivering an average annual return of 27.75%. A $100 investment in BJ's stock 5 years ago would now be worth $349.32.

Portfolio Pulse from Benzinga Insights

May 31, 2024 | 4:30 pm

JP Morgan analyst Christopher Horvers maintains an Underweight rating on BJ's Wholesale Club (NYSE:BJ) but raises the price target from $70 to $74.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:02 pm

Barclays analyst Karen Short maintains an Equal-Weight rating on BJ's Wholesale Club (NYSE:BJ) and raises the price target from $72 to $80.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 3:07 pm

BJ's Wholesale Club shares are trading higher after multiple analysts raised their price targets on the stock. The company reported Q1 earnings on Thursday.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 2:05 pm

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