BJ Stock Summary and Trading Ideas (Bj's Wholesale Club Holdings | NYSE:BJ)

BJ's Wholesale Club Holdings Inc is a warehouse club and gas station operator. The company provides a curated assortment focused on grocery, general merchandise, gasoline and other ancillary services, coupons, and promotions to offer a differentiated shopping experience.

Bj's Wholesale Club Holdings trades on the NYSE stock market under the symbol BJ.

As of April 18, 2024, BJ stock price declined to $72.57 with 4,061,653 million shares trading.

BJ has a beta of -0.31, meaning it tends to be less sensitive to market movements. BJ has a correlation of 0.02 to the broad based SPY ETF.

BJ has a market cap of $9.65 billion. This is considered a Mid Cap stock.

Last quarter Bj's Wholesale Club Holdings reported $5 billion in Revenue and $1.11 earnings per share. This fell short of revenue expectation by $-33 million and exceeded earnings estimates by $.05.

In the last 3 years, BJ stock traded as high as $80.42 and as low as $42.62.

The top ETF exchange traded funds that BJ belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

BJ has underperformed the market in the last year with a price return of -3.0% while the SPY ETF gained +22.2%. However, in the short term, BJ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.3% vs +5.2% return in SPY. But in the last 2 weeks, BJ shares have been beat by the market, returning -4.6% compared to an SPY return of -2.6%.

BJ support price is $73.97 and resistance is $76.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BJ stock will trade within this expected range on the day.