BJ (BJ’s Wholesale Club Holdings Inc) dropped -4.31 at the last close: Is This Today’s Most Popular Stock? - News Daemon (2024)

On Friday, BJ’s Wholesale Club Holdings Inc (NYSE: BJ) opened lower -4.31% from the last session, before settling in for the closing price of $78.88. Price fluctuations for BJ have ranged from $60.33 to $78.97 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 9.13%. Company’s average yearly earnings per share was noted -0.16% at the time writing. With a float of $132.27 million, this company’s outstanding shares have now reached $133.90 million.

Considering the fact that the conglomerate employs 34000 people, you should pay attention to its efficiency factor.

BJ’s Wholesale Club Holdings Inc (BJ) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Discount Stores industry is another important factor to consider. The insider ownership of BJ’s Wholesale Club Holdings Inc is 0.83%, while institutional ownership is 103.22%. The most recent insider transaction that took place on Mar 07 ’24, was worth 1,943,243. In this transaction EVP, Strategy & Development of this company sold 25,000 shares at a rate of $77.73, taking the stock ownership to the 29,357 shares. Before that another transaction happened on Mar 07 ’24, when Company’s EVP, Secretary sold 7,479 for $77.94, making the entire transaction worth $582,941. This insider now owns 23,971 shares in total.

BJ’s Wholesale Club Holdings Inc (BJ) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 1/30/2024, the company posted $1.11 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $1.06) by $0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.02 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -0.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.00% during the next five years compared to 29.86% growth over the previous five years of trading.

BJ’s Wholesale Club Holdings Inc (NYSE: BJ) Trading Performance Indicators

Check out the current performance indicators for BJ’s Wholesale Club Holdings Inc (BJ). In the past quarter, the stock posted a quick ratio of 0.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50. Likewise, its price to free cash flow for the trailing twelve months is 38.12.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.87, a number that is poised to hit 0.85 in the next quarter and is forecasted to reach 4.36 in one year’s time.

Technical Analysis of BJ’s Wholesale Club Holdings Inc (BJ)

Compared to the last year’s volume of 1.3 million, its volume of 2.65 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 72.19%. Additionally, its Average True Range was 2.10.

During the past 100 days, BJ’s Wholesale Club Holdings Inc’s (BJ) raw stochastic average was set at 78.04%, which indicates a significant increase from 67.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.84% in the past 14 days, which was higher than the 27.89% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $67.87, while its 200-day Moving Average is $66.89. Nevertheless, the first resistance level for the watch stands at $78.05 in the near term. At $80.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $82.94. If the price goes on to break the first support level at $73.16, it is likely to go to the next support level at $70.84. Now, if the price goes above the second support level, the third support stands at $68.27.

BJ’s Wholesale Club Holdings Inc (NYSE: BJ) Key Stats

There are currently 133,381K shares outstanding in the company with a market cap of 10.07 billion. Presently, the company’s annual sales total 19,315 M according to its annual income of 513,180 K. Last quarter, the company’s sales amounted to 4,925 M and its income totaled 130,470 K.

BJ (BJ’s Wholesale Club Holdings Inc) dropped -4.31 at the last close: Is This Today’s Most Popular Stock? - News Daemon (2024)
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