Gordon Haskett raised the price target for the BJ’s Wholesale Club Holdings Inc. (NYSE:BJ) stock from “a Buy” to “a Hold”. The rating was released on January 28, 2021. The research report from MKM Partners has upgraded the stock from Sell to Neutral, with a price target set at $37. The stock was initiated by DA Davidson, who disclosed in a research note on August 14, 2020, to Buy and set the price objective to $50.
Historical Earnings Surprises and Revenue Forecasts
Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $0.7 during the last quarter as opposed to a consensus estimate of $0.67, which indicates the company beat its estimate by $0.03, which implies that the company surprised the market by 4.50%. It appears that the average earnings per share estimate for the current quarter (ending in Apr 2021) is $0.56. This is an average of 19 analysts’ earnings, where the high earnings per share estimate is $0.7 and the low earnings per share estimate is $0.48. According to 13 analyst estimates, an average revenue estimate of $3.61B is projected for the current quarter with a high revenue estimate of $3.9B and a low estimate of $3.44B.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of BJ’s Wholesale Club Holdings Inc. (NYSE:BJ) raised 1.52% to close Friday’s market session at $43.98, higher as compared to yesterday’s close. The stock price fluctuated between $43.08 and $44.185 throughout the trading session with the volume trading being 1312583 shares, which represented a significant variation when compared to the three months average volume of 2.09 million shares. The firm’s stock price fluctuated -2.70% within the last five trades and 2.26% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 5.67% in the last 6 months and 4.09% was added to its value over the previous 3 months. BJ stock is trading at a margin of -1.73%, 1.98% and 6.19% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, BJ deals in the Consumer Defensive domain. The stock is trading -12.36 percent below its 52-week high and 72.47 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 43.78. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does BJ’s Wholesale Club Holdings Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 4.10 percent and the profit margin is 2.70 percent, and the company has reported a gross margin of 19.30 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $5.97 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for BJ’s Wholesale Club Holdings Inc. (NYSE:BJ) is 14.51. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 15.16. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.39 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 18.71, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Luce Graham, the SVP, Secretary at BJ’s Wholesale Club Holdings Inc. (BJ) has sold 8,565 shares of firm on Apr 19 at a price of $44.54 against the total amount of $0.38 million. In another inside trade, Poulliot Brian, EVP, Enterprise Analytics of BJ’s Wholesale Club Holdings Inc. (NYSE:BJ) sold 26,631 shares of the firm on Apr 01 for a total worth of $1.18 million at a price of $44.26. An inside trade which took place on Mar 26, EVP, Chief Fin. & Admin. Off. of BJ’s Wholesale Club Holdings Inc. Eddy Robert W. sold 14,912 shares of firm against total price of $0.68 million at the cost of $45.39 per share.