14 Wall Street research analysts have issued 1-year target prices for BJ’s Wholesale Club’s shares. Their BJ share price forecasts range from $25.00 to $90.00. On average, they anticipate the company’s stock price to reach $72.33 in the next twelve months. This suggests a possible upside of 3.6% from the stock’s current price. View analysts price targets for BJ or view top-rated stocks among Wall Street analysts. 14 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for BJ’s Wholesale Club in the last year.
After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. BJ’s Wholesale Club saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 9,570,000 shares, an increase of 11.8% from the August 15th total of 8,560,000 shares. Based on an average trading volume of 1,970,000 shares, the short-interest ratio is presently 4.9 days. If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
BJ’s Wholesale Q2 sales $4.859 bln vs. $5.005 bln a year ago; FactSet consensus $5.176 bln
These returns cover a period from January 1, 1988 through July 31, 2023. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
TD Cowen Initiates Coverage on BJ’s Wholesale Club with an … – Best Stocks
TD Cowen Initiates Coverage on BJ’s Wholesale Club with an ….
Posted: Thu, 14 Sep 2023 19:18:44 GMT [source]
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There are winners and losers in the space, and the membership clubs are an area of strength. This current average represents a 4.44% decrease from the previous average price target of $78.83. The Barchart Technical Opinion rating is a 8% Buy with a Weakening short term outlook on maintaining the current direction. Retail sales rose 0.4% in April, and consumer spending strengthened. With retail sales expected to grow between 4% and 6% this year, will it be wise to buy big box retailer Costco Wholesale (COST) and…
The Yahoo Finance Live team discusses the rise of Lowe’s stock on earnings beat, the decline of BJ’s Wholesale stock, and the state of the consumer amidst the economic slowdown. The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies. One thing is clear from the Q2 retail earnings and guidance.
There are currently 1 sell rating, 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” BJ shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BJ, but not buy additional shares or sell existing shares.
BJ’s Wholesale Club Beats On Earnings, But Revenue Misses Reflecting Shift In Consumer Behavior
After submitting your information, you will receive an email. You must click the link in the email to activate your subscription. The warehouse club industry might not be struggling as much as the traditional grocers, but that doesn’t make this recent IPO an automatic buy.
(BJ) raised $600 million in an initial public offering (IPO) on Thursday, June 28th 2018. The company issued 37,500,000 shares at a price of $15.00-$17.00 per share. BofA Merrill Lynch, Deutsche Bank Securities, Goldman Sachs and J.P.
Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Yes, comp sales rose a bit, as did membership-fee income, but guidance was uninspiring. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. We’d like to share more about how we work and what drives our day-to-day business.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. BJ, -0.76% slid 1.9% toward a four-month low in premarket trading Tuesday, after the membership-based warehouse retailer reported fiscal first-quarter profi… The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.
Top 5 Defensive Stocks That May Rocket Higher This Quarter
BJ’s Wholesale Club Holdings, Inc. engages in the operation of membership warehouse clubs. The company was founded in 1984 and is headquartered in Westborough, MA. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. BJ’s Wholesale Club Holdings, Inc., together with its subsidiaries, operates warehouse clubs what is ssn number india on the eastern half of the United States. It provides perishable, general merchandise, gasoline, coupon books, promotions, and other ancillary services. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app.
The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
- Lee Delaney has an approval rating of 74% among the company’s employees.
- The Yahoo Finance Live team discusses the rise of Lowe’s stock on earnings beat, the decline of BJ’s Wholesale stock, and the state of the consumer amidst the economic slowdown.
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Data may be intentionally delayed pursuant to supplier requirements. The technique has proven to be very useful for finding positive surprises. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
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The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want https://1investing.in/ to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
BJ’s Wholesale Club Holdings Inc is a warehouse club and gas station operator. The company provides various products such as television and electronics, furniture, computers and tablets, appliances, food products, and others. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
- Below is a list of 13 U.S. retailers that have put up good quarterly numbers.
- BJ’s Wholesale Club Holdings, Inc., together with its subsidiaries, operates warehouse clubs on the eastern half of the United States.
- When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
- BJ’s Wholesale Club saw a increase in short interest in the month of August.
Every earnings season there are retail horror stories but also some companies that stand out in a competitive environment. Below is a list of 13 U.S. retailers that have put up good quarterly numbers. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.
