What Recent Market Trends Mean for BJ’s Wholesale Club Holdings Inc’s (BJ) Stock

In the past week, BJ stock has gone down by -0.41%, with a monthly gain of 7.18% and a quarterly surge of 19.00%. The volatility ratio for the week is 2.32%, and the volatility levels for the last 30 days are 2.47% for BJ’s Wholesale Club Holdings Inc The simple moving average for the last 20 days is 1.61% for BJ stock, with a simple moving average of 23.32% for the last 200 days.

Is It Worth Investing in BJ’s Wholesale Club Holdings Inc (NYSE: BJ) Right Now?

The price-to-earnings ratio for BJ’s Wholesale Club Holdings Inc (NYSE: BJ) is 23.16x, which is above its average ratio. Moreover, the 36-month beta value for BJ is 0.23. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for BJ is 131.30M and currently, short sellers hold a 9.27% of that float. On June 26, 2024, BJ’s average trading volume was 1.67M shares.

BJ) stock’s latest price update

BJ’s Wholesale Club Holdings Inc (NYSE: BJ) has seen a rise in its stock price by 0.72 in relation to its previous close of 88.53. However, the company has experienced a -0.41% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-06-25 that MARLBOROUGH, Mass.–(BUSINESS WIRE)–BJ’s Wholesale Club (NYSE: BJ), a leading operator of membership warehouse clubs, announced today the locations of its newest clubs, set to open in early 2025. The clubs in Hanover Township and Southern Pines will mark the retailer’s 25th club in New Jersey and 10th in North Carolina. “We are excited to deliver the unbeatable value our membership offers to even more families in New Jersey and North Carolina,” said Bill Werner, Executive Vice President, Strat.

Analysts’ Opinion of BJ

Many brokerage firms have already submitted their reports for BJ stocks, with Gordon Haskett repeating the rating for BJ by listing it as a “Buy.” The predicted price for BJ in the upcoming period, according to Gordon Haskett is $90 based on the research report published on May 23, 2024 of the current year 2024.

Loop Capital, on the other hand, stated in their research note that they expect to see BJ reach a price target of $80, previously predicting the price at $85. The rating they have provided for BJ stocks is “Hold” according to the report published on April 18th, 2024.

Goldman gave a rating of “Buy” to BJ, setting the target price at $87 in the report published on April 08th of the current year.

BJ Trading at 9.76% 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 -1.39% of loss for the given period.

Volatility was left at 2.47%, however, over the last 30 days, the volatility rate increased by 2.32%, as shares surge +1.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.78% upper at present.

During the last 5 trading sessions, BJ fell by -0.41%, which changed the moving average for the period of 200-days by +37.10% in comparison to the 20-day moving average, which settled at $87.81. In addition, BJ’s Wholesale Club Holdings Inc saw 33.77% 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 Eddy Robert W., who sale 11,000 shares at the price of $86.86 back on Jun 03 ’24. After this action, Eddy Robert W. now owns 478,792 shares of BJ’s Wholesale Club Holdings Inc, valued at $955,501 using the latest closing price.

Desroches Jeff, the EVP, Chief Operations Officer of BJ’s Wholesale Club Holdings Inc, sale 14,106 shares at $86.00 during a trade that took place back on May 31 ’24, which means that Desroches Jeff is holding 87,294 shares at $1,213,116 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 0.18. Equity return is now at value 39.01, with 7.79 for asset returns.

Based on BJ’s Wholesale Club Holdings Inc (BJ), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.97. The debt to equity ratio resting at 0.54. The interest coverage ratio of the stock is 12.28.

Currently, EBITDA for the company is 1.05 billion with net debt to EBITDA at 2.79. When we switch over and look at the enterprise to sales, we see a ratio of 0.73. The receivables turnover for the company is 89.54for trailing twelve months and the total asset turnover is 2.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.

Conclusion

To wrap up, the performance of BJ’s Wholesale Club Holdings Inc (BJ) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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