BJs Wholesale Club (NYSE:BJ) updated its FY 2019 earnings guidance on Thursday. The company provided EPS guidance of $1.42-1.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.48. The company issued revenue guidance of $12.9-13.2 billion, compared to the consensus revenue estimate of $13.36 billion.

A number of equities analysts recently weighed in on the stock. ValuEngine lowered shares of BJs Wholesale Club from a hold rating to a sell rating in a research report on Monday, August 12th. Deutsche Bank started coverage on shares of BJs Wholesale Club in a report on Monday, July 15th. They issued a buy rating and a $29.00 target price on the stock. Morgan Stanley set a $28.00 target price on shares of BJs Wholesale Club and gave the company a hold rating in a report on Friday, May 24th. Zacks Investment Research lowered shares of BJs Wholesale Club from a buy rating to a hold rating in a report on Monday, July 22nd. Finally, Goldman Sachs Group started coverage on shares of BJs Wholesale Club in a report on Thursday, July 11th. They issued a buy rating and a $29.00 target price on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of Buy and an average target price of $30.70.

Shares of BJ stock opened at $25.28 on Thursday. The firm’s 50 day moving average price is $23.71 and its 200-day moving average price is $25.71. BJs Wholesale Club has a one year low of $19.31 and a one year high of $32.92. The firm has a market cap of $3.01 billion, a P/E ratio of 22.18, a P/E/G ratio of 1.32 and a beta of 1.55.

BJs Wholesale Club (NYSE:BJ) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.37 by $0.02. BJs Wholesale Club had a net margin of 1.14% and a negative return on equity of 72.36%. The firm had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.39 billion. During the same period in the prior year, the business posted $0.31 EPS. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. Analysts forecast that BJs Wholesale Club will post 1.48 EPS for the current fiscal year.

In related news, CEO Christopher J. Baldwin sold 30,147 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $24.73, for a total transaction of $745,535.31. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Cvc European Equity V. Ltd sold 8,750,000 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $24.53, for a total transaction of $214,637,500.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,014,271 shares of company stock worth $221,389,034. Company insiders own 17.70% of the company’s stock.

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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