Does Earnings Surprise History Hold Any Clue for BJs Wholesale Club Stock Forecast, Price & News (NYSE:BJ)

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Earnings results for BJs Wholesale Club Stock Forecast, Price & News (NYSE:BJ)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJul 2020 , the consensus EPS* forecast has increased over the past week from 0.53 to 0.6(13.21%) and increased over the past month from 0.53 to 0.6(13.21%). Of the 3 analysts making quarterly forecasts, 3raised and none lowered their forecast. For the fiscal year ending Jan 2021 , the consensus EPS* forecast has increased over the past week from 2.21 to 2.32(4.98%) and remained the same over the past month at 2.21 . Of the 3 analysts making yearly forecasts, 3raised and none lowered their forecast.

BJs Wholesale Club last announced its quarterly earnings results on May 21st, 2020. The reported $0.69 EPS for the quarter, beating the consensus estimate of $0.37 by $0.32. The company had revenue of $3.72 billion for the quarter, compared to analysts’ expectations of $3.33 billion. Its quarterly revenue was up 21.1% on a year-over-year basis. BJs Wholesale Club has generated $1.46 earnings per share over the last year and currently has a price-to-earnings ratio of 24.4. BJs Wholesale Club has confirmed that its next quarterly earnings report will be published on Thursday, August 20th, 2020.

Analyst Opinion on BJs Wholesale Club Stock Forecast, Price & News (NYSE:BJ)

23 Wall Street analysts have issued ratings and price targets for BJs Wholesale Club in the last 12 months. Their average twelve-month price target is $37.45, predicting that the stock has a possible downside of 13.77%. The high price target for BJ is $50.00 and the low price target for BJ is $22.00. There are currently 1 sell rating, 6 hold ratings and 16 buy ratings for the stock, resulting in a consensus rating of “Buy.”

BJs Wholesale Club has received a consensus rating of Buy. The company’s average rating score is 2.65, and is based on 16 buy ratings, 6 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $37.45, BJs Wholesale Club has a forecasted downside of 13.8% from its current price of $43.43. BJs Wholesale Club has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: BJs Wholesale Club Stock Forecast, Price & News (NYSE:BJ)

BJs Wholesale Club does not currently pay a dividend. BJs Wholesale Club does not have a long track record of dividend growth.

Insiders buying/selling: BJs Wholesale Club Stock Forecast, Price & News (NYSE:BJ)

In the past three months, BJs Wholesale Club insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,249,310.00 in company stock. Only 4.20% of the stock of BJs Wholesale Club is held by insiders.

Earnings and Valuation of BJs Wholesale Club Stock Forecast, Price & News (NYSE:BJ

Earnings for BJs Wholesale Club are expected to decrease by -3.93% in the coming year, from $2.29 to $2.20 per share. The P/E ratio of BJs Wholesale Club is 24.40, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.39. The P/E ratio of BJs Wholesale Club is 24.40, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 61.98. BJs Wholesale Club has a PEG Ratio of 1.38. PEG Ratios above 1 indicate that a company could be overvalued.

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