BJ’s Wholesale Club (BJ) Projected to Post Quarterly Earnings on Thursday

BJ’s Wholesale Club (NYSE:BJ) is expected to be issuing its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.86 per share and revenue of $5.29 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

BJ’s Wholesale Club Stock Up 1.8 %

BJ stock opened at $101.19 on Wednesday. The business’s 50-day moving average price is $98.41 and its 200-day moving average price is $91.22. The company has a quick ratio of 0.14, a current ratio of 0.76 and a debt-to-equity ratio of 0.23. BJ’s Wholesale Club has a twelve month low of $71.81 and a twelve month high of $108.00. The stock has a market cap of $13.37 billion, a P/E ratio of 24.32, a PEG ratio of 4.50 and a beta of 0.28.

Analyst Ratings Changes

BJ has been the topic of several research analyst reports. UBS Group upped their price objective on BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a research report on Friday, November 22nd. Roth Mkm increased their price objective on BJ’s Wholesale Club from $75.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, November 25th. Jefferies Financial Group raised their target price on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday, November 21st. TD Cowen raised their price objective on BJ’s Wholesale Club from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Finally, Citigroup raised their target price on BJ’s Wholesale Club from $94.00 to $101.00 and gave the company a “neutral” rating in a research report on Wednesday, December 18th. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, BJ’s Wholesale Club presently has an average rating of “Moderate Buy” and a consensus price target of $96.24.

BJ’s Wholesale Club Company Profile

BJ’s Wholesale Club Holdings, Inc engages in the operation of membership warehouse clubs. Its product categories include grocery, household and pet, television and electronics, furniture, computer and tablets, patio and outdoor living, lawn and garden, baby and kids, toys, home, health and beauty, appliances, and jewelry.