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

BJ’s Wholesale Club (NYSE:BJ) is expected to be announcing its earnings results 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. Investors interested in listening to the company’s conference call can do so using this link.

BJ’s Wholesale Club Stock Down 2.2 %

NYSE:BJ opened at $99.07 on Tuesday. The stock has a market capitalization of $13.09 billion, a price-to-earnings ratio of 23.81, a price-to-earnings-growth ratio of 4.50 and a beta of 0.32. 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 52 week low of $70.65 and a 52 week high of $108.00. The stock’s fifty day moving average is $98.26 and its two-hundred day moving average is $91.12.

Analyst Ratings Changes

Several brokerages have recently issued reports on BJ. Morgan Stanley increased their price objective on BJ’s Wholesale Club from $90.00 to $98.00 and gave the company an “equal weight” rating in a research note on Friday, November 22nd. Jefferies Financial Group increased their price objective on BJ’s Wholesale Club from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, November 21st. JPMorgan Chase & Co. increased their price objective on BJ’s Wholesale Club from $87.00 to $101.00 and gave the company a “neutral” rating in a research note on Monday. UBS Group increased their price objective on BJ’s Wholesale Club from $102.00 to $108.00 and gave the company a “buy” rating in a research note on Friday, November 22nd. Finally, 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 research note on Monday, November 25th. Seven investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $96.24.

About BJ’s Wholesale Club

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.