DA Davidson Expects Weaker Earnings for BJ’s Wholesale Club

BJ’s Wholesale Club Holdings, Inc. (NYSE:BJ) – Equities researchers at DA Davidson lowered their FY2025 EPS estimates for shares of BJ’s Wholesale Club in a report issued on Monday, November 11th. DA Davidson analyst M. Baker now expects that the company will earn $3.77 per share for the year, down from their prior estimate of $3.79. The consensus estimate for BJ’s Wholesale Club’s current full-year earnings is $3.82 per share. DA Davidson also issued estimates for BJ’s Wholesale Club’s FY2026 earnings at $4.35 EPS.

BJ’s Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, August 22nd. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. The firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.15 billion. BJ’s Wholesale Club had a net margin of 2.62% and a return on equity of 36.12%. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.97 earnings per share.

BJ has been the subject of several other research reports. Bank of America lowered their price objective on shares of BJ’s Wholesale Club from $95.00 to $90.00 and set a “buy” rating for the company in a research note on Friday, August 23rd. Wells Fargo & Company raised shares of BJ’s Wholesale Club from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $75.00 to $92.00 in a research note on Friday, August 23rd. JPMorgan Chase & Co. raised shares of BJ’s Wholesale Club from an “underweight” rating to a “neutral” rating and raised their price objective for the company from $76.00 to $78.00 in a research note on Monday, August 26th. Melius Research initiated coverage on shares of BJ’s Wholesale Club in a research note on Monday, September 23rd. They issued a “buy” rating and a $90.00 price objective for the company. Finally, Roth Mkm raised their price objective on shares of BJ’s Wholesale Club from $68.00 to $75.00 and gave the company a “neutral” rating in a research note on Friday, August 23rd. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and a consensus price target of $87.33.

BJ’s Wholesale Club Price Performance

BJ’s Wholesale Club stock opened at $89.64 on Tuesday. BJ’s Wholesale Club has a 12-month low of $63.08 and a 12-month high of $92.37. The stock has a market cap of $11.89 billion, a P/E ratio of 22.64, a PEG ratio of 3.35 and a beta of 0.24. The company has a 50-day moving average price of $84.02 and a 200 day moving average price of $84.63. The company has a current ratio of 0.76, a quick ratio of 0.15 and a debt-to-equity ratio of 0.24.

Institutional Trading of BJ’s Wholesale Club

A number of hedge funds have recently made changes to their positions in the business. Victory Capital Management Inc. lifted its stake in shares of BJ’s Wholesale Club by 3.5% in the 3rd quarter. Victory Capital Management Inc. now owns 6,439,358 shares of the company’s stock valued at $531,118,000 after purchasing an additional 217,385 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its holdings in BJ’s Wholesale Club by 158.9% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,189,932 shares of the company’s stock valued at $368,044,000 after purchasing an additional 2,571,709 shares during the period. Bessemer Group Inc. grew its holdings in BJ’s Wholesale Club by 1.8% during the first quarter. Bessemer Group Inc. now owns 3,118,913 shares of the company’s stock valued at $235,946,000 after purchasing an additional 56,442 shares during the period. Principal Financial Group Inc. grew its holdings in BJ’s Wholesale Club by 17.2% during the second quarter. Principal Financial Group Inc. now owns 1,624,781 shares of the company’s stock valued at $142,721,000 after purchasing an additional 237,902 shares during the period. Finally, TimesSquare Capital Management LLC lifted its position in shares of BJ’s Wholesale Club by 14.4% during the third quarter. TimesSquare Capital Management LLC now owns 1,471,978 shares of the company’s stock worth $121,409,000 after acquiring an additional 184,966 shares in the last quarter. 98.60% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Joseph Mcgrail sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $83.57, for a total transaction of $83,570.00. Following the completion of the transaction, the senior vice president now directly owns 13,566 shares in the company, valued at $1,133,710.62. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other BJ’s Wholesale Club news, CEO Robert W. Eddy sold 11,000 shares of the stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $83.75, for a total value of $921,250.00. Following the transaction, the chief executive officer now owns 434,792 shares of the company’s stock, valued at approximately $36,413,830. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Joseph Mcgrail sold 1,000 shares of the firm’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $83.57, for a total value of $83,570.00. Following the sale, the senior vice president now directly owns 13,566 shares in the company, valued at approximately $1,133,710.62. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 34,000 shares of company stock worth $2,818,390 in the last three months. 2.00% of the stock is owned by insiders.

About BJ’s Wholesale Club

BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.