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

BJ's Wholesale serves as one of the few warehouse club chains in the United States. Its more than 240 warehouses are primarily located along the East Coast, most prominently in the New England area. Similar to its warehouse club peers, BJ's charges annual membership fees and keeps costs down by operating a no-frills store environment. The company limits the use of distribution centers where possible and stores inventory on pallets directly on the sales floor, often in bulk quantities. The company also offers a limited assortment of stock-keeping units at its warehouses (around 7,000) to achieve greater procurement scale on select items. About 80% of BJ's net sales come from grocery items and general merchandise, with the remaining 20% coming from gasoline and other ancillary services.

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

As of November 20, 2024, BJ stock price declined to $85.70 with 2,732,610 million shares trading.

BJ has a beta of 0.73, meaning it tends to be less sensitive to market movements. BJ has a correlation of 0.16 to the broad based SPY ETF.

BJ has a market cap of $11.37 billion. This is considered a Large Cap stock.

Last quarter Bj's Wholesale Club Holdings reported $5 billion in Revenue and $1.09 earnings per share. This beat revenue expectation by $55 million and exceeded earnings estimates by $.09.

In the last 3 years, BJ traded as high as $92.37 and as low as $51.45.

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

BJ has outperformed the market in the last year with a return of +34.7%, while the SPY ETF gained +31.5%. However, in the most recent history, BJ shares have underperformed the stock market with its stock returning -0.9% in the last 3 month period and -3.9% for the last 2 week period, while SPY has returned +6.0% and -0.1%, respectively.

BJ support price is $84.90 and resistance is $87.76 (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 shares will trade within this expected range on the day.