The stock of BJ’s Wholesale Club Holdings Inc (NYSE:BJ) last traded at $93.79, up 0.74% from the previous session.
BJ stock price is now 2.94% away from the 50-day moving average and 10.86% away from the 200-day moving average. The market capitalization of the company currently stands at $12.39B.
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With the price target enhanced from $76 to $78, JP Morgan Upgraded its rating from Underweight to Neutral for BJ’s Wholesale Club Holdings Inc (NYSE: BJ). On August 23, 2024, Wells Fargo Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $75 to quote $92, while ‘Gordon Haskett’ rates the stock as ‘Buy’
In other news, McGrail Joseph, SVP, Controller sold 500 shares of the company’s stock on Dec 11 ’24. The stock was sold for $49,800 at an average price of $99.60. Upon completion of the transaction, the SVP, Controller now directly owns 13,066 shares in the company, valued at $1.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 11 ’24, Officer McGrail Joseph bought 500 shares of the business’s stock. A total of $49,798 was incurred on buying the stock at an average price of $99.59. A total of 0.90% of the company’s stock is owned by insiders.
During the past 12 months, BJ’s Wholesale Club Holdings Inc has had a low of $64.06 and a high of $100.74. As of last week, the company has a debt-to-equity ratio of 1.61, a current ratio of 0.76, and a quick ratio of 0.14. According to the stock market information, the enterprise value for the company is $14160958464, which is based on a 22.53 price-to-earnings ratio, a 4.42 price-to-earnings-growth ratio, and a beta of 0.31. The fifty day moving average price for BJ is $90.942 and a two-hundred day moving average price translates $84.505 for the stock.
The latest earnings results from BJ’s Wholesale Club Holdings Inc (NYSE: BJ) was released for 2024-08-03. The net profit margin was 2.71% and return on equity was 35.79% for BJ. The company reported revenue of $5.21 billion for the quarter, compared to $4.96 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.87 percent. For the current quarter, analysts expect BJ to generate $5.29B in revenue.
