A share price of BJ’s Wholesale Club Holdings Inc [BJ] is currently trading at $71.63, up 3.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BJ shares have gain 4.13% over the last week, with a monthly amount glided 11.21%, and seem to be holding up well over a long-time horizon.
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On 20, February 2024, Constellation Brands Announces Election of Christopher J. Baldwin as New Independent Board Chair. In a post published today on Yahoo Finance, Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, today announced the election of Christopher J. Baldwin of CVC Advisors (U.S.) Inc., a leading global private markets manager, to serve as a member of Constellation’s board of directors, as well as his appointment as non-executive chair of the company’s board, each effective March 1, 2024.
From an analyst’s perspective:
BJ’s Wholesale Club Holdings Inc [NYSE: BJ] stock has seen the most recent analyst activity on February 07, 2024, when Gordon Haskett downgraded its rating to a Hold but kept the price target unchanged to $70 for it. Previously, Wells Fargo downgraded its rating to Equal Weight on January 04, 2024, and dropped its price target to $70. On November 10, 2023, upgrade upgraded it’s rating to Buy. Deutsche Bank downgraded its rating to a Hold and decreased its price target to $71 on November 06, 2023. Goldman downgraded its rating to a Neutral and reduced its price target to $73 on October 17, 2023. TD Cowen started tracking with a Outperform rating for this stock on September 14, 2023, and assigned it a price target of $80. In a note dated February 08, 2023, Barclays initiated an Equal Weight rating and provided a target price of $72 on this stock.
BJ’s Wholesale Club Holdings Inc experienced fluctuations in its stock price throughout the past year between $60.33 and $78.88. Currently, Wall Street analysts expect the stock to reach $63 within the next 12 months. BJ’s Wholesale Club Holdings Inc [NYSE: BJ] shares were valued at $71.63 at the most recent close of the market. An investor can expect a potential drop of -12.05% based on the average BJ price forecast.
Analyzing the BJ fundamentals
Trailing Twelve Months sales for BJ’s Wholesale Club Holdings Inc [NYSE:BJ] were 19.54B which represents 2.91% growth. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 69.76 points at the first support level, and at 67.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.84, and for the 2nd resistance point, it is at 74.05.
BJ’s Wholesale Club Holdings Inc [BJ] reported earnings per share of $0.98 for its fiscal quarter that ended on 10/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.95/share, meaning a difference of $0.03 and a surprise factor of 3.20%. By comparison, the stated earnings for the previous quarter ended on 7/30/2023 were $0.97 per share as compared to estimates of $0.9 per share, a difference of $0.07 representing a surprise of 7.80%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for BJ’s Wholesale Club Holdings Inc [NYSE:BJ] is 0.73. Also, the Quick Ratio is 0.12, while the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 0.49, the price to book ratio is 7.06 and price to earnings (TTM) ratio is 19.12.
Transactions by insiders
Recent insider trading involved McGrail Joseph, SVP, Controller, that happened on Dec 12 when 1000.0 shares were sold. EVP, Chief Operations Officer, Desroches Jeff completed a deal on Oct 16 to sell 33934.0 shares. Meanwhile, EVP, Chief Financial Officer Felice Laura L. sold 46586.0 shares on Oct 10.
