BJs Wholesale Club Holdings Inc (NYSE:BJ) CEO Christopher J. Baldwin sold 21,377 shares of the business’s stock in a transaction that occurred on Thursday, June 20th. The stock was sold at an average price of $26.17, for a total value of $559,436.09. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.
NYSE BJ opened at $25.27 on Monday. BJs Wholesale Club Holdings Inc has a fifty-two week low of $19.31 and a fifty-two week high of $32.92. The firm has a market cap of $3.51 billion and a price-to-earnings ratio of 22.17.
BJs Wholesale Club (NYSE:BJ) last announced its quarterly earnings results on Thursday, May 23rd. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.01. BJs Wholesale Club had a negative return on equity of 72.36% and a net margin of 1.14%. The business had revenue of $3.07 billion for the quarter, compared to analyst estimates of $3.12 billion. The company’s revenue for the quarter was up 2.5% on a year-over-year basis. Equities analysts forecast that BJs Wholesale Club Holdings Inc will post 1.48 EPS for the current fiscal year.
BJ has been the topic of a number of recent research reports. Wells Fargo & Co boosted their price objective on BJs Wholesale Club from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Friday, March 29th. Nomura lowered their price objective on BJs Wholesale Club from $29.00 to $27.00 and set a “buy” rating on the stock in a research note on Thursday, March 7th. Gordon Haskett raised BJs Wholesale Club from an “accumulate” rating to a “buy” rating in a research note on Thursday, March 21st. Zacks Investment Research raised BJs Wholesale Club from a “hold” rating to a “buy” rating and set a $29.00 price objective on the stock in a research note on Friday, May 24th. Finally, Citigroup boosted their price objective on BJs Wholesale Club from $30.00 to $32.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. One research analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $30.43.
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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