Forecasting The Future: 14 Analyst Projections For BJ's Wholesale Club
Analysts' ratings for BJ's Wholesale Club (NYSE:BJ) over the last quarter vary from bullish to bearish, as provided by 14 analysts.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 1 | 8 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 1 | 0 | 0 |
| 2M Ago | 4 | 1 | 4 | 1 | 0 |
| 3M Ago | 0 | 0 | 2 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $85.93, along with a high estimate of $97.00 and a low estimate of $74.00. This upward trend is evident, with the current average reflecting a 3.71% increase from the previous average price target of $82.86.
Analyzing Analyst Ratings: A Detailed Breakdown
In examining recent analyst actions, we gain insights into how financial experts perceive BJ's Wholesale Club. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Laura Champine | Loop Capital | Raises | Hold | $85.00 | $80.00 |
| Greg Melich | Evercore ISI Group | Raises | In-Line | $89.00 | $86.00 |
| Christopher Horvers | JP Morgan | Raises | Underweight | $74.00 | $70.00 |
| Karen Short | Barclays | Raises | Equal-Weight | $80.00 | $72.00 |
| Oliver Chen | TD Cowen | Raises | Buy | $95.00 | $93.00 |
| Mark Carden | UBS | Raises | Buy | $97.00 | $89.00 |
| Greg Melich | Evercore ISI Group | Raises | In-Line | $86.00 | $80.00 |
| Michael Baker | DA Davidson | Raises | Buy | $95.00 | $92.00 |
| Peter Benedict | Baird | Raises | Outperform | $95.00 | $90.00 |
| Robert Ohmes | B of A Securities | Raises | Buy | $95.00 | $90.00 |
| Greg Melich | Evercore ISI Group | Raises | In-Line | $78.00 | $76.00 |
| Greg Melich | Evercore ISI Group | Lowers | In-Line | $76.00 | $78.00 |
| Laura Champine | Loop Capital | Lowers | Hold | $80.00 | $85.00 |
| Greg Melich | Evercore ISI Group | Lowers | In-Line | $78.00 | $79.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to BJ's Wholesale Club. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of BJ's Wholesale Club compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for BJ's Wholesale Club's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of BJ's Wholesale Club's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on BJ's Wholesale Club analyst ratings.
About BJ's Wholesale Club
BJ's Wholesale Club Holdings Inc is a warehouse club and gas station operator. The company provides a curated assortment focused on grocery, general merchandise, gasoline and other ancillary services, coupons, and promotions to offer a differentiated shopping experience.
BJ's Wholesale Club's Financial Performance
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: BJ's Wholesale Club's remarkable performance in 3 months is evident. As of 30 April, 2024, the company achieved an impressive revenue growth rate of 4.14%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Consumer Staples sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: BJ's Wholesale Club's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 2.26%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): BJ's Wholesale Club's ROE stands out, surpassing industry averages. With an impressive ROE of 7.44%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.64%, the company showcases effective utilization of assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.9, caution is advised due to increased financial risk.
Analyst Ratings: What Are They?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.