BJ’s Wholesale Club Holdings Inc. [NYSE: BJ] gained 0.70% or 0.33 points to close at $47.19 with a heavy trading volume of 661779 shares. The company report on June 30, 2021 that BJ’s Wholesale Club Announces Opening Date for its Newest Location in Seabrook, N.H..
The new club will open on July 2, 2021 and will be the company’s 222nd location.
BJ’s Wholesale Club (NYSE: BJ), a leading operator of membership warehouse clubs in the Eastern United States, announced that its newest club in Seabrook, N.H. will open on Friday, July 2, 2021.
It opened the trading session at $46.92, the shares rose to $47.56 and dropped to $46.92, the range by which the price of stock traded the whole day. The daily chart for BJ points out that the company has recorded 26.58% gains over the past six months. However, it is still -30.83% lower than its most recent low trading price.
If we look at the average trading volume of 1.40M shares, BJ reached to a volume of 661779 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about BJ’s Wholesale Club Holdings Inc. [BJ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BJ shares is $52.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BJ stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for BJ’s Wholesale Club Holdings Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on May 13, 2021. The new note on the price target was released on January 28, 2021, representing the official price target for BJ’s Wholesale Club Holdings Inc. stock. Previously, the target price had yet another raise to $41, while JP Morgan analysts kept a Neutral rating on BJ stock.
The Average True Range (ATR) for BJ’s Wholesale Club Holdings Inc. is set at 0.92, with the Price to Sales ratio for BJ stock in the period of the last 12 months amounting to 0.41. The Price to Book ratio for the last quarter was 15.47, with the Price to Cash per share for the same quarter was set at 0.46. Price to Free Cash Flow for BJ in the course of the last twelve months was 16.49 with Quick ratio for the last quarter at 0.20.
Trading performance analysis for BJ stock
BJ’s Wholesale Club Holdings Inc. [BJ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.06. With this latest performance, BJ shares gained by 0.66% in over the last four-week period, additionally plugging by 26.58% over the last 6 months – not to mention a rise of 27.64% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BJ stock in for the last two-week period is set at 53.71, with the RSI for the last a single of trading hit 54.22, and the three-weeks RSI is set at 53.58 for BJ’s Wholesale Club Holdings Inc. [BJ]. The present Moving Average for the last 50 days of trading for this stock 46.15, while it was recorded at 47.17 for the last single week of trading, and 42.50 for the last 200 days.
BJ’s Wholesale Club Holdings Inc. [BJ]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and BJ’s Wholesale Club Holdings Inc. [BJ] shares currently have an operating margin of +4.23 and a Gross Margin at +19.23. BJ’s Wholesale Club Holdings Inc.’s Net Margin is presently recorded at +2.73.
Return on Total Capital for BJ is now 17.83, given the latest momentum, and Return on Invested Capital for the company is 13.05. Return on Equity for this stock inclined to 317.89, with Return on Assets sitting at 7.89. When it comes to the capital structure of this company, BJ’s Wholesale Club Holdings Inc. [BJ] has a Total Debt to Total Equity ratio set at 1,014.84. Additionally, BJ Total Debt to Total Capital is recorded at 91.03, with Total Debt to Total Assets ending up at 59.88. Long-Term Debt to Equity for the company is recorded at 892.23, with the Long-Term Debt to Total Capital now at 80.03.
Reflecting on the efficiency of the workforce at the company, BJ’s Wholesale Club Holdings Inc. [BJ] managed to generate an average of $13,162 per employee. Receivables Turnover for the company is 81.41 with a Total Asset Turnover recorded at a value of 2.89.BJ’s Wholesale Club Holdings Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.70.
BJ’s Wholesale Club Holdings Inc. [BJ]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BJ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BJ’s Wholesale Club Holdings Inc. go to -1.90%.
An analysis of insider ownership at BJ’s Wholesale Club Holdings Inc. [BJ]
There are presently around $7,094 million, in the hands of institutional investors. The top three institutional holders of BJ stocks are: FMR LLC with ownership of 16,378,500, which is approximately 61.13% of the company’s market cap and around 1.30% of the total institutional ownership; BLACKROCK INC., holding 15,755,570 shares of the stock with an approximate value of $743.5 million in BJ stocks shares; and VANGUARD GROUP INC, currently with $649.65 million in BJ stock with ownership of nearly 1.918% of the company’s market capitalization.
Positions in BJ’s Wholesale Club Holdings Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 157 institutional holders increased their position in BJ’s Wholesale Club Holdings Inc. [NYSE:BJ] by around 16,186,308 shares. Additionally, 191 investors decreased positions by around 17,073,129 shares, while 25 investors held positions by with 117,075,653 shares. The mentioned changes placed institutional holdings at 150,335,090 shares, according to the latest SEC report filing. BJ stock had 41 new institutional investments in for a total of 5,258,582 shares, while 65 institutional investors sold positions of 5,694,210 shares during the same period.