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

88.99

Mkt cap

12B

Volume

832K

High

91.25

P/E Ratio

22.56

52-wk high

92.37

Low

88.52

Div yield

N/A

52-wk low

63.08

In the past three months, 13 analysts have reviewed BJ's Wholesale Club (NYSE:BJ), showing a mix of sentiments. Recent updates include various rating adjustments and price target changes, with an average 12-month price target now at $81.0, up from $77.08. BJ's financial performance is strong, with notable revenue growth, net margin, ROE, and ROA, despite a high debt-to-equity ratio.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 7:02 pm

BJ's Wholesale Club shares are trading lower following a downgrade by Loop Capital from Buy to Hold.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 4:27 pm

Wall Street analysts have updated their price targets and ratings for several US-listed companies, including Tesla, United Airlines, and BJ's Wholesale Club. Notable changes include a downgrade for Tesla from Deutsche Bank with a new price target of $123, and Morgan Stanley raising the price target for United Airlines to $80. Other companies mentioned with updated analyst forecasts include Cinemark, U.S. Bancorp, Knight-Swift Transportation, Crown Castle, Barnes Group, Cadence Design Systems, and Vertex Pharmaceuticals.

Portfolio Pulse from Avi Kapoor

April 18, 2024 | 12:46 pm

Loop Capital analyst Laura Champine downgraded BJ's Wholesale Club (NYSE:BJ) from Buy to Hold and reduced the price target from $85 to $80.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 12:33 pm

Evercore ISI Group analyst Greg Melich maintains an In-Line rating on BJ's Wholesale Club (NYSE:BJ) and lowers the price target from $79 to $78.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 2:40 pm

Insiders at Dollar General, Greenbrier Companies, BJ's Wholesale Club, and Designer Brands have recently sold shares. These sales could indicate various strategic reasons or personal opinions about the company's stock value. Notably, Dollar General had a price target adjustment by Evercore ISI Group, Greenbrier Companies reported a revenue decline but beat consensus, BJ's Wholesale Club was upgraded by Goldman Sachs, and Designer Brands reported a decrease in comparable sales.

Portfolio Pulse from Avi Kapoor

April 15, 2024 | 12:09 pm

BJ's Wholesale Club (NYSE:BJ) has significantly outperformed the market with an average annual return of 22.13% over the past 5 years, growing a $1000 investment to $2,713.25. The company now has a market capitalization of $10.42 billion.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 9:00 pm

Goldman Sachs analyst Kate McShane upgraded BJ's Wholesale Club Holdings Inc (NYSE:BJ) from Neutral to Buy, raising the price target from $81 to $87. The upgrade is based on expected volume growth in the grocery business, which makes up 86% of BJ's sales, and a supportive inflation outlook. BJ's is also expected to benefit from increased customer engagement and market share gains. Shares rose by 0.71% to $76.45 following the announcement.

Portfolio Pulse from Priya Nigam

April 08, 2024 | 4:39 pm

Wall Street analysts have updated their price targets and ratings for several companies, including notable changes for CervoMed, Transocean, Sealed Air, Perrigo, Simply Good Foods, Shockwave Medical, Disney, BJ's Wholesale, Douglas Dynamics, and Huntington Bancshares. These adjustments reflect analysts' latest views on these stocks, with various upgrades, downgrades, and price target changes.

Portfolio Pulse from Avi Kapoor

April 08, 2024 | 12:00 pm

Goldman Sachs analyst Kate McShane upgraded BJ's Wholesale Club (NYSE:BJ) from Neutral to Buy and increased the price target from $81 to $87, indicating a positive outlook on the company's stock.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 10:17 am

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