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

The stock of BJ’s Wholesale Club Holdings Inc (BJ) has gone down by -0.83% for the week, with a 1.02% rise in the past month and a 17.72% rise in the past quarter. The volatility ratio for the week is 1.95%, and the volatility levels for the past 30 days are 2.10% for BJ. The simple moving average for the last 20 days is -0.49% for BJ’s stock, with a simple moving average of 20.05% 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 above average at 22.73x. The 36-month beta value for BJ is also noteworthy at 0.23. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for BJ is 131.28M, and at present, short sellers hold a 8.55% of that float. The average trading volume of BJ on July 04, 2024 was 1.66M shares.

BJ) stock’s latest price update

The stock of BJ’s Wholesale Club Holdings Inc (NYSE: BJ) has increased by 2.23 when compared to last closing price of 85.63.Despite this, the company has seen a loss of -0.83% in its stock price over the last five trading days. marketbeat.com reported 2024-07-03 that BJ’s Wholesale Club Holding Inc. NYSE: BJ is a membership-only warehouse club operating on the East Coast of the United States. The company operates 244 clubs and 176 BJ’s Gas locations in 20 states from Maine to Florida.

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 5.82% 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 -3.20% of loss for the given period.

Volatility was left at 2.10%, however, over the last 30 days, the volatility rate increased by 1.95%, as shares sank -0.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.32% upper at present.

During the last 5 trading sessions, BJ fell by -2.46%, which changed the moving average for the period of 200-days by +24.10% in comparison to the 20-day moving average, which settled at $87.95. In addition, BJ’s Wholesale Club Holdings Inc saw 31.32% 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 $86.90 back on Jul 01 ’24. After this action, Eddy Robert W. now owns 467,792 shares of BJ’s Wholesale Club Holdings Inc, valued at $955,912 using the latest closing price.

Eddy Robert W., the President & CEO of BJ’s Wholesale Club Holdings Inc, sale 11,000 shares at $86.86 during a trade that took place back on Jun 03 ’24, which means that Eddy Robert W. is holding 478,792 shares at $955,501 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 0.71. 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

In summary, BJ’s Wholesale Club Holdings Inc (BJ) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.

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