BJ’s Wholesale Club Holdings Inc (NYSE: BJ) has experienced a decline in its stock price by -0.65 compared to its previous closing price of 89.05. However, the company has seen a fall of -0.84% in its stock price over the last five trading days. businesswire.com reported 2024-10-31 that MARLBOROUGH, Mass.–(BUSINESS WIRE)–BJ’s Wholesale Club (NYSE: BJ), celebrates the upcoming holiday season with its member-favorite free Butterball turkey promotion. This year, the club’s traditional free turkey offer promises to be bigger – and more convenient – than ever, providing incredible savings this Thanksgiving. Members can qualify for a free Butterball turkey by spending $150* or more in the same transaction in-club or online at BJs.com, between November 1 – November 14, 2024. This s.
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 22.33x, which is above its average ratio. Moreover, the 36-month beta value for BJ is 0.27. 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 131.41M and currently, short sellers hold a 5.38% of that float. On November 14, 2024, BJ’s average trading volume was 1.45M shares.
BJ’s Market Performance
BJ’s stock has seen a -0.84% decrease for the week, with a 1.72% rise in the past month and a 3.44% gain in the past quarter. The volatility ratio for the week is 1.97%, and the volatility levels for the past 30 days are at 2.03% for BJ’s Wholesale Club Holdings Inc The simple moving average for the last 20 days is 1.83% for BJ’s stock, with a simple moving average of 9.03% for the last 200 days.
Analysts’ Opinion of BJ
Many brokerage firms have already submitted their reports for BJ stocks, with JP Morgan repeating the rating for BJ by listing it as a “Neutral.” The predicted price for BJ in the upcoming period, according to JP Morgan is $78 based on the research report published on August 26, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see BJ reach a price target of $92, previously predicting the price at $75. The rating they have provided for BJ stocks is “Overweight” according to the report published on August 23rd, 2024.
Gordon Haskett gave a rating of “Buy” to BJ, setting the target price at $90 in the report published on May 23rd of the current year.
BJ Trading at 4.80% 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 -4.22% of loss for the given period.
Volatility was left at 2.03%, however, over the last 30 days, the volatility rate increased by 1.97%, as shares surge +2.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.59% upper at present.
During the last 5 trading sessions, BJ fell by -0.84%, which changed the moving average for the period of 200-days by +35.28% in comparison to the 20-day moving average, which settled at $86.88. In addition, BJ’s Wholesale Club Holdings Inc saw 32.72% 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 $85.47 back on Nov 01 ’24. After this action, Eddy Robert W. now owns 423,792 shares of BJ’s Wholesale Club Holdings Inc, valued at $940,196 using the latest closing price.
Eddy Robert W., the Officer of BJ’s Wholesale Club Holdings Inc, proposed sale 22,000 shares at $85.60 during a trade that took place back on Nov 01 ’24, which means that Eddy Robert W. is holding shares at $1,883,200 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 36.89, with 7.87 for asset returns.
Based on BJ’s Wholesale Club Holdings Inc (BJ), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 1.12. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is 13.1.
Currently, EBITDA for the company is 1.04 billion with net debt to EBITDA at 2.71. 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 82.12for trailing twelve months and the total asset turnover is 2.94. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.76.
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.
