$0.41 EPS Expected for BJs Wholesale Club Holdings Inc (NYSE:BJ) This Quarter

Equities analysts expect BJs Wholesale Club Holdings Inc (NYSE:BJ) to report $0.41 earnings per share for the current quarter, according to Zacks Investment Research. Five analysts have made estimates for BJs Wholesale Club’s earnings, with the highest EPS estimate coming in at $0.43 and the lowest estimate coming in at $0.39. BJs Wholesale Club posted earnings per share of $0.44 during the same quarter last year, which would indicate a negative year-over-year growth rate of 6.8%. The business is expected to announce its next earnings results on Wednesday, March 4th.

According to Zacks, analysts expect that BJs Wholesale Club will report full year earnings of $1.47 per share for the current fiscal year, with EPS estimates ranging from $1.45 to $1.49. For the next financial year, analysts forecast that the business will post earnings of $1.63 per share, with EPS estimates ranging from $1.55 to $1.69. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that cover BJs Wholesale Club.

BJs Wholesale Club (NYSE:BJ) last posted its quarterly earnings results on Thursday, November 21st. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The company had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.30 billion. BJs Wholesale Club had a negative return on equity of 137.06% and a net margin of 1.60%. BJs Wholesale Club’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter last year, the company earned $0.39 EPS.

Several equities research analysts have recently weighed in on BJ shares. ValuEngine raised BJs Wholesale Club from a “sell” rating to a “hold” rating in a research report on Tuesday. Deutsche Bank raised their target price on BJs Wholesale Club from $29.00 to $31.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Jefferies Financial Group set a $34.00 target price on BJs Wholesale Club and gave the stock a “buy” rating in a research report on Friday, August 23rd. UBS Group raised their target price on BJs Wholesale Club from $28.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Finally, William Blair reissued a “buy” rating on shares of BJs Wholesale Club in a research report on Friday, November 22nd. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $30.36.

BJ stock traded down $0.17 during mid-day trading on Wednesday, reaching $23.72. The company had a trading volume of 1,525,693 shares, compared to its average volume of 1,945,262. The company has a market capitalization of $3.25 billion, a price-to-earnings ratio of 20.81, a price-to-earnings-growth ratio of 1.40 and a beta of 1.32. The firm has a fifty day simple moving average of $25.54 and a 200 day simple moving average of $25.15. BJs Wholesale Club has a fifty-two week low of $19.67 and a fifty-two week high of $29.41.

In related news, EVP Robert W. Eddy sold 6,943 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $27.13, for a total transaction of $188,363.59. Also, EVP Robert W. Eddy sold 76,367 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $27.12, for a total value of $2,071,073.04. Following the transaction, the executive vice president now owns 157,031 shares in the company, valued at approximately $4,258,680.72. The disclosure for this sale can be found here. Insiders have sold a total of 3,474,785 shares of company stock worth $89,499,478 in the last three months. Corporate insiders own 17.70% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in BJs Wholesale Club by 11.9% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,117 shares of the company’s stock worth $135,000 after buying an additional 543 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in BJs Wholesale Club by 1.1% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 64,340 shares of the company’s stock worth $1,664,000 after buying an additional 670 shares during the last quarter. First Trust Advisors LP grew its stake in BJs Wholesale Club by 0.8% during the 1st quarter. First Trust Advisors LP now owns 115,218 shares of the company’s stock worth $3,157,000 after buying an additional 955 shares during the last quarter. Psagot Investment House Ltd. purchased a new position in BJs Wholesale Club during the 3rd quarter worth approximately $29,000. Finally, GAM Holding AG grew its stake in BJs Wholesale Club by 10.4% during the 2nd quarter. GAM Holding AG now owns 14,245 shares of the company’s stock worth $376,000 after buying an additional 1,343 shares during the last quarter.

BJs Wholesale Club Company Profile

BJ's Wholesale Club Holdings, Inc operates as a warehouse club on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products. The company also sells electronics, computers, office supplies and equipment, home products, health and beauty aids, sporting goods, outdoor living, baby products, toys, and jewelry through Website.

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Earnings History and Estimates for BJs Wholesale Club (NYSE:BJ)

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