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Check out this: BJ’s Wholesale Club Holdings Inc (BJ) could be on the verge of a big rally

BJ’s Wholesale Club Holdings Inc (NYSE: BJ) is 22.22% higher on its value in year-to-date trading and has touched a low of $63.08 and a high of $92.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BJ stock was last observed hovering at around $80.75 in the last trading session, with the day’s gains setting it 0.72%.

Currently trading at $81.47, the stock is -0.25% and -4.50% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing 0.89% at the moment leaves the stock 5.99% off its SMA200. BJ registered 20.77% gain for a year compared to 6-month gain of 10.69%.

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The stock witnessed a -1.21% loss in the last 1 month and extending the period to 3 months gives it a -7.59%, and is 6.04% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.00% over the week and 2.31% over the month.

BJ’s Wholesale Club Holdings Inc (BJ) has around 34000 employees, a market worth around $10.80B and $20.41B in sales. Current P/E ratio is 20.56 and Fwd P/E is 19.21. Profit margin for the company is 2.61%. Distance from 52-week low is 29.15% and -11.80% from its 52-week high. The company has generated returns on investments over the last 12 months (12.95%).

with sales reaching $5.1B over the same period.The EPS is expected to shrink by -3.17% this year, but quarterly earnings will post 3.00% year-over-year.

BJ’s Wholesale Club Holdings Inc (BJ) Top Institutional Holders

675.0 institutions hold shares in BJ’s Wholesale Club Holdings Inc (BJ), with institutional investors hold 106.77% of the company’s shares. The shares outstanding are 132.77M, and float is at 131.25M with Short Float at 5.95%. Institutions hold 105.71% of the Float.

The top institutional shareholder in the company is FMR LLC with over 13.39 million shares valued at $1.18 billion. The investor’s holdings represent 10.114% of the BJ Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.19 million shares valued at $1.16 billion to account for 9.9588 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 11.43 million shares representing 8.6343% and valued at over $1.0 billion, while VICTORY CAPITAL MANAGEMENT INC holds 4.6995 of the shares totaling 6.22 million with a market value of $546.54 million.

BJ’s Wholesale Club Holdings Inc (BJ) Insider Activity

The most recent transaction is an insider sale by Eddy Robert W., the company’s President & CEO. SEC filings show that Eddy Robert W. sold 11,000 shares of the company’s common stock on Sep 03 ’24 at a price of $79.40 per share for a total of $0.87 million. Following the sale, the insider now owns 0.45 million shares.

BJ’s Wholesale Club Holdings Inc disclosed in a document filed with the SEC on Aug 26 ’24 that McGrail Joseph (SVP, Controller) sold a total of 1,000 shares of the company’s common stock. The trade occurred on Aug 26 ’24 and was made at $83.57 per share for $83570.0. Following the transaction, the insider now directly holds 13566.0 shares of the BJ stock.

Still, SEC filings show that on Aug 26 ’24, McGrail Joseph (Officer) Proposed Sale 1,000 shares at an average price of $83.57 for $83570.0. The insider now directly holds shares of BJ’s Wholesale Club Holdings Inc (BJ).

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