BJ stock: buy or sell?

BJ stock price: $37.09 5.22% At close on May 22nd, 2020

Updated on:
May 22nd, 2020

5

BJ's Wholesale Club ended on May/22 at $37.09 after marking a new all time high ($38.35) and climbed an outstanding 5.22%. On Thursday BJ rocketed a dazzling 17.82%. Counting May/22, it's been 3 climbing days in a row, soaring $8.65 or 29.90%.

Should I buy BJ stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, 2 buy setups match with BJ's Wholesale Club stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is BJ's Wholesale Club stock a buy?

Banks and financial institutions post stock ratings everyday. Unfortunately, we couldn't find any rating for BJ stock for the last 30 days.

BJ stock analysis

Daily outlook

After boosting a dazzling 17.82% on Thursday, BJ's Wholesale Club closed on May/22 at $37.09 and climbed an outstanding 5.22%.

After boosting a dazzling 17.82% on Thursday, BJ's Wholesale Club closed on May 22nd at $37.09 and climbed an outstanding 5.22%. Since price and SMA200d lines crossed up on March, BJ climbed $13.88 (59.80%). BJ shows a sign of strength in the short-term after finally breaking out above $29.35 on May/13 and marking a new rising bottom. Since SMA50d and SMA100d crossed up on April 14th, BJ price climbed $12.00 per share (47.83%).

BJ stock chart (daily)

Weekly outlook

BJ's Wholesale Club peaked new all time highs back again this week, marking to $38.35. Shares ended at $37.09 and boosted 30.46% during the week. Counting this, it's been 3 climbing weeks in a row, soaring a 40.69%.

Since mid March when BJ stock price broke up the SMA40w line, it gained $13.31 (55.97%).

BJ stock chart (weekly)

BJ stock price history

BJ IPO was on June 28th, 2018 at $21.25 per share1. Since then, BJ stock surged a 74.50%, with a yearly average of 74.50%. If you had invested $1,000 in BJ stock in 2018, it would worth $745.00 today.

1: Adjusted price after possible price splits or reverse-splits.

BJ stock historical price chart

BJ stock reached all-time highs on May 22nd with a price of $38.35.

BJ stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for BJ's Wholesale Club stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, BJ's Wholesale Club presented its financial report, posting an extraordinary growth for the Earnings per Share (EPS) ratio. Analyst expected $0.35 per share, but BJ's Wholesale Club posted $0.46.
BJ earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q4-n/an/an/a
2018-Q1-n/an/an/a
2018-Q2-n/an/an/a
2018-Q32018-08-280.060.166.7%
2018-Q42018-11-20n/a0.38n/a
2019-Q12019-03-060.350.4631.4%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2019, BJ's Wholesale Club annual sales gained a slightly good 1.98% to $13,007.30 M dollars from $12,754.60 marked in 2018. When comparing 2019 vs 2018, in contrary, profit margin (that is, the net income divided by revenues) stayed stable a 0.58% to 0.98%.

BJ annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2016$12,468 M-$24 M0.2%-
2017$12,351 M-0.94%$44 M0.4%83.47%
2018$12,755 M3.27%$50 M0.4%13.74%
2019$13,007 M1.98%$127 M1.0%153.00%

Quarterly financial results

BJ's Wholesale Club reported $3,416.88 M in revenues for 2019-Q1, a 6.06% improvement compared to previous quarter. Reported quarter earnings marked $64.31 M with a profit margin of 1.88%. Profit margin remained steady a 0.19% compared to previous quarter when profit margin was 1.69%. When comparing sales to same quarter last year, BJ's Wholesale Club sales marked an awful loss and decreased a -3.91%.
BJ quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,947 M-$-59 M-2.0%-
2017-Q3$3,168 M7.49%$20 M0.6%-133.47%
2017-Q4$3,080 M-2.76%$23 M0.7%16.02%
2018-Q1$3,556 M15.45%$67 M1.9%191.68%
2018-Q2$3,062 M-13.90%$14 M0.5%-78.81%
2018-Q3$3,307 M8.02%$-6 M-0.2%-139.71%
2018-Q4$3,222 M-2.58%$54 M1.7%-1,069.56%
2019-Q1$3,417 M6.06%$64 M1.9%18.14%

BJ's Wholesale Club ownership

Having a look at BJ's Wholesale Club ownership structure gives valuable information about the company and its governance (insider ownership) or the amount of investors that are on the short side.

BJ's Wholesale Club shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 2.10% of all shares.

Bearish positions for BJ stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to BJ's Wholesale Club:

BJ
Market cap$5.1 B
Total shares138.5 M
Float shares132.4 M
  - Institutional holdings (%)110.9%
  - Insider holdings (%)2.1%
Shares in short selling0.0%

BJ summary

Friday, May 22nd, 2020
Open$35.54
Close$37.09
Day range$35.45 - $38.35
Previous close$35.25
Session gain5.22%
Average true range$1.51
50d mov avg$26.74
100d mov avg$24.28
200d mov avg$24.62
Daily patternlb02c
Weekly pattern lb11c

BJ's Wholesale Club performance

To better understand BJ's Wholesale Club performance you must compare its gains with other related stocks in same sector or industry. For BJ's Wholesale Club, the benchmark is made against .
Stock3m6m12m
BJBJ's Wholesal...72.99%59.25%39.12%

BJ's Wholesale Club competitors

Unfortunately, we could not find any public company that could be defined as BJ's Wholesale Club competitor. This doesn't mean BJ's Wholesale Club does not have any competitor in the market, it's just we could not detected it.