The stock of BJ’s Wholesale Club Holdings Inc. (BJ) has gone up by 1.98% for the week, with a 1.09% rise in the past month and a 7.02% rise in the past quarter. The volatility ratio for the week is 2.98%, and the volatility levels for the past 30 days are 2.23% for BJ. The simple moving average for the last 20 days is 2.25% for BJ stock, with a simple moving average of 7.28% for the last 200 days.
Is It Worth Investing in BJ’s Wholesale Club Holdings Inc. (NYSE: BJ) Right Now?
BJ’s Wholesale Club Holdings Inc. (NYSE: BJ) has a higher price-to-earnings ratio of 20.11x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.47. Analysts have mixed views on the stock, with 12 analysts rating it as a “buy,” 1 as “overweight,” 9 as “hold,” and 1 as “sell.”
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The average price point forecasted by analysts for BJ’s Wholesale Club Holdings Inc. (BJ) is $83.84, which is $8.22 above the current market price. The public float for BJ is 132.90M, and currently, short sellers hold a 2.72% ratio of that float. The average trading volume of BJ on March 16, 2023 was 1.42M shares.
BJ) stock’s latest price update
BJ’s Wholesale Club Holdings Inc. (NYSE: BJ)’s stock price has increased by 1.23 compared to its previous closing price of 74.86. Despite this, the company has seen a gain of 1.98% in its stock price over the last five trading days. The Wall Street Journal reported on 08/21/22 that More Stocks Are Taking Part in Bounceback Rally
Analysts’ Opinion of BJ
The stock of BJ’s Wholesale Club Holdings Inc. (BJ) has gone up by 1.98% for the week, with a 1.09% rise in the past month and a 7.02% rise in the past quarter. The volatility ratio for the week is 2.98%, and the volatility levels for the past 30 days are 2.23% for BJ. The simple moving average for the last 20 days is 2.25% for BJ stock, with a simple moving average of 7.28% for the last 200 days.
Analysts’ Opinion of BJ
Many brokerage firms have already submitted their reports for BJ stocks, with Barclays repeating the rating for BJ by listing it as a “Equal Weight.” The predicted price for BJ in the upcoming period, according to Barclays is $72 based on the research report published on February 08th of the current year 2023.
Evercore ISI, on the other hand, stated in their research note that they expect to see BJ reach a price target of $70. The rating they have provided for BJ stocks is “In-line” according to the report published on December 21st, 2022.
Credit Suisse gave a rating of “Neutral” to BJ, setting the target price at $75 in the report published on December 20th of the previous year.
BJ Trading at 5.56% from the 50-Day Moving Average
After a stumble in the market that brought BJ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.76% of loss for the given period.
Volatility was left at 2.23%, however, over the last 30 days, the volatility rate increased by 2.98%, as shares surge +1.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.54% upper at present.
During the last 5 trading sessions, BJ rose by +1.98%, which changed the moving average for the period of 200-days by +30.97% in comparison to the 20-day moving average, which settled at $74.18. In addition, BJ’s Wholesale Club Holdings Inc. saw 14.54% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BJ starting from Desroches Jeff, who sale 7,059 shares at the price of $77.09 back on Mar 09. After this action, Desroches Jeff now owns 84,822 shares of BJ’s Wholesale Club Holdings Inc., valued at $544,149 using the latest closing price.
Desroches Jeff, the EVP, Chief Operations Officer of BJ’s Wholesale Club Holdings Inc., sale 1,716 shares at $74.83 during a trade that took place back on Feb 13, which means that Desroches Jeff is holding 91,881 shares at $128,408 based on the most recent closing price.
Stock Fundamentals for BJ
Current profitability levels for the company are sitting at:
- +3.95 for the present operating margin
- +17.77 for the gross margin
The net margin for BJ’s Wholesale Club Holdings Inc. stands at +2.66. Equity return is now at value 61.60, with 7.90 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.
Conclusion
To put it simply, BJ’s Wholesale Club Holdings Inc. (BJ) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
