Roth MKM Reaffirms Their Hold Rating on Bj’s Wholesale Club Holdings (BJ)

In a report released yesterday, Bill Kirk from Roth MKM reiterated a Hold rating on Bj’s Wholesale Club Holdings, with a price target of $97.00.

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Kirk covers the Consumer Defensive sector, focusing on stocks such as Costco, Kroger Company, and Boston Beer. According to TipRanks, Kirk has an average return of -8.1% and a 40.31% success rate on recommended stocks.

In addition to Roth MKM, Bj’s Wholesale Club Holdings also received a Hold from TipRanks – xAI’s xAi Discount Stores in a report issued yesterday. However, on the same day, William Blair maintained a Buy rating on Bj’s Wholesale Club Holdings (NYSE: BJ).

Based on Bj’s Wholesale Club Holdings’ latest earnings release for the quarter ending November 1, the company reported a quarterly revenue of $5.35 billion and a net profit of $152.05 million. In comparison, last year the company earned a revenue of $5.1 billion and had a net profit of $155.75 million

Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BJ in relation to earlier this year. Last month, Laura L. Felice, the EVP & CFO of BJ sold 8,400.00 shares for a total of $881,580.00.