BJ’s Wholesale Club Holdings Inc [NYSE: BJ] price plunged by -1.29 percent to reach at -$0.98.
The one-year BJ stock forecast points to a potential downside of -2.86. The average equity rating for BJ stock is currently 2.13, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $73.19 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 2.13. 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.
Goldman have made an estimate for BJ’s Wholesale Club Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 08, 2024. The new note on the price target was released on February 07, 2024, representing the official price target for BJ’s Wholesale Club Holdings Inc stock. Previously, the target price had yet another drop from $73 to $70, while Wells Fargo kept a Equal Weight rating on BJ stock.
The Average True Range (ATR) for BJ’s Wholesale Club Holdings Inc is set at 1.79, with the Price to Sales ratio for BJ stock in the period of the last 12 months amounting to 0.50. The Price to Book ratio for the last quarter was 6.85, with the Price to Cash per share for the same quarter was set at 0.27. Price to Free Cash Flow for BJ in the course of the last twelve months was 39.75 with Quick ratio for the last quarter at 0.14.
BJ Stock Performance Analysis:
BJ’s Wholesale Club Holdings Inc [BJ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.19. With this latest performance, BJ shares dropped by -1.47% in over the last four-week period, additionally plugging by 9.90% over the last 6 months – not to mention a rise of 2.19% 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 49.09, with the RSI for the last a single of trading hit 44.00, and the three-weeks RSI is set at 51.89 for BJ’s Wholesale Club Holdings Inc [BJ]. The present Moving Average for the last 50 days of trading for this stock 73.40, while it was recorded at 76.63 for the last single week of trading, and 68.73 for the last 200 days.
Insight into BJ’s Wholesale Club Holdings Inc Fundamentals:
BJ’s Wholesale Club Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.14 and a Current Ratio set at 0.73.
BJ Stock EPS
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 8.00%.
BJ’s Wholesale Club Holdings Inc [BJ] Institutonal Ownership Details
The top three institutional holders of BJ stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in BJ stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in BJ stock with ownership which is approximately 5.8386%.
