BJ’s Wholesale Club Holdings Inc (NYSE: BJ) has a price-to-earnings ratio that is above its average at 19.51x. The stock has a 36-month beta value of 0.26. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BJ is 131.53M, and at present, short sellers hold a 6.23% of that float. On April 17, 2024, the average trading volume of BJ was 1.40M shares.
BJ) stock’s latest price update
BJ’s Wholesale Club Holdings Inc (NYSE: BJ) has experienced a decline in its stock price by -0.83 compared to its previous closing price of 76.26. However, the company has seen a fall of -4.75% in its stock price over the last five trading days. CNBC reported 2024-04-14 that TipRanks’ analyst ranking service highlights Wall Street’s best-performing stocks, including Amazon and BJ’s Wholesale Club.
BJ’s Market Performance
BJ’s Wholesale Club Holdings Inc (BJ) has experienced a -4.75% fall in stock performance for the past week, with a -1.01% drop in the past month, and a 12.76% rise in the past quarter. The volatility ratio for the week is 2.48%, and the volatility levels for the past 30 days are at 2.22% for BJ. The simple moving average for the last 20 days is -1.12% for BJ’s stock, with a simple moving average of 10.14% for the last 200 days.
Analysts’ Opinion of BJ
Many brokerage firms have already submitted their reports for BJ stocks, with Goldman repeating the rating for BJ by listing it as a “Buy.” The predicted price for BJ in the upcoming period, according to Goldman is $87 based on the research report published on April 08, 2024 of the current year 2024.
Gordon Haskett, 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 “Hold” according to the report published on February 07th, 2024.
Wells Fargo gave a rating of “Equal Weight” to BJ, setting the target price at $70 in the report published on January 04th of the current year.
BJ Trading at 3.31% 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 -5.95% of loss for the given period.
Volatility was left at 2.22%, however, over the last 30 days, the volatility rate increased by 2.48%, as shares sank -2.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.85% upper at present.
During the last 5 trading sessions, BJ fell by -4.70%, which changed the moving average for the period of 200-days by +20.09% in comparison to the 20-day moving average, which settled at $76.38. In addition, BJ’s Wholesale Club Holdings Inc saw 13.46% 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 McGrail Joseph, who sale 1,000 shares at the price of $77.37 back on Apr 15 ’24. After this action, McGrail Joseph now owns 12,905 shares of BJ’s Wholesale Club Holdings Inc, valued at $77,370 using the latest closing price.
Schwartz Monica, the EVP, Chief Digital Officer of BJ’s Wholesale Club Holdings Inc, sale 13,578 shares at $78.81 during a trade that took place back on Apr 11 ’24, which means that Schwartz Monica is holding 13,545 shares at $1,070,082 based on the most recent closing price.
Stock Fundamentals for BJ
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.18 for the gross margin
The net margin for BJ’s Wholesale Club Holdings Inc stands at 0.03. The total capital return value is set at 0.19. Equity return is now at value 41.80, with 8.04 for asset returns.
Based on BJ’s Wholesale Club Holdings Inc (BJ), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.82. The debt to equity ratio resting at 0.6. The interest coverage ratio of the stock is 12.53.
Currently, EBITDA for the company is 1.05 billion with net debt to EBITDA at 2.84. When we switch over and look at the enterprise to sales, we see a ratio of 0.65. The receivables turnover for the company is 85.06for trailing twelve months and the total asset turnover is 2.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.73.
Conclusion
To sum up, BJ’s Wholesale Club Holdings Inc (BJ) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
