BJ's Wholesale (BJ) PT Raised to $90 at Jefferies

BJ's Wholesale (BJ) PT Raised to $85 at UBS

UBS analyst Mark Carden raised the price target on BJ's Wholesale (NYSE: BJ) to $85.00 (from $80.00) while maintaining a Buy rating.... More

BJ's Wholesale (BJ) PT Raised to $86 at Deutsche Bank

Deutsche Bank analyst Krisztina Katai raised the price target on BJ's Wholesale (NYSE: BJ) to $86.00 (from $81.00) while maintaining a Buy rating.... More

BJ's Wholesale (BJ) PT Raised to $80 at Credit Suisse

Credit Suisse analyst Robert Moskow raised the price target on BJ's Wholesale (NYSE: BJ) to $80.00 (from $70.00) while maintaining a Outperform rating.... More

BJ's Wholesale (BJ) PT Raised to $84 at Gordon Haskett

Gordon Haskett analyst Chuck Grom raised the price target on BJ's Wholesale (NYSE: BJ) to $84.00 (from $75.00) while maintaining a Buy (1) rating.... More

BJ's Wholesale (BJ) PT Raised to $88 at DA Davidson

DA Davidson analyst Katy Hallberg raised the price target on BJ's Wholesale (NYSE: BJ) to $88.00 (from $72.00) while maintaining a Buy rating.... More

BJ's Wholesale (BJ) PT Raised to $81 at Citi

Citi analyst Paul Lejeuz raised the price target on BJ's Wholesale (NYSE: BJ) to $81.00 (from $63.00) while maintaining a Neutral rating.... More

BJ's Wholesale (BJ) PT Raised to $81 at Goldman Sachs

Goldman Sachs analyst Kate McShane raised the price target on BJ's Wholesale (NYSE: BJ) to $81.00 (from $63.00) while maintaining a Buy rating.... More

BJ's Wholesale (BJ) PT Raised to $79 at CFRA

CFRA raised its price target on BJ's Wholesale (NYSE: BJ) to $79.00 (from $59.00) while maintaining a Hold rating.... More

BJ's Wholesale Club (BJ) Tops Earnings Estimates - Well Positioned in Near and Long-term

Shares of BJ's Wholesale Club (NYSE: BJ) rallied in early Thursday trading after the company posted earnings before the bell, with earnings and revenue trouncing expectations.

The membership-only retailer reported second-quarter earnings of $1.06, $0.27 better than the analyst estimate of $0.79. Revenue for the quarter came in at $5.01 billion versus the consensus estimate of $4.62 billion.

In addition, total comparable club sales increased by 19.8% year-over-year, while membership fee income increased by 11.3% year-over-year to $98.8... More

UPDATE: BofA Securities Upgrades BJ's Wholesale (BJ) to Buy on Strong Trends in Tough Environment

(Updated - August 18, 2022 9:52 AM EDT)

BofA Securities analyst Robert Ohmes upgraded BJ's Wholesale (NYSE: BJ) from Neutral to Buy with a price target of $83.00 (from $72.00).

The analyst comments "We upgrade BJ to Buy from Neutral, and raise our PO to... More

Pre-Open Movers: Bed Bath Falls as Cohen Files to Sell, Kohl's Lower Following EPS

Pre-Open Stock Movers:

Wolfspeed (NYSE: WOLF) 21% HIGHER; reported Q4 EPS of ($0.02), $0.08 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $228.5 million versus the consensus estimate of $209.31 million.

Bed Bath & Beyond (NASDAQ: BBBY) 18% LOWER; Ryan Cohen filed a Form 144 with the SEC to sell his 9,450,100 shares of the meme stock.

Rigel Pharmaceuticals (NASDAQ: RIGL)... More

BJ's Wholesale Club (BJ) Tops Q2 EPS by 27c, Comps Rise 19.8%; Raises Outlook

BJ's Wholesale Club (NYSE: BJ) reported Q2 EPS of $1.06, $0.27 better than the analyst estimate of $0.79. Revenue for the quarter came in at $5.01 billion versus the consensus estimate of $4.62 billion. Total comparable club sales increased by 19.8% year-over-year.

GUIDANCE:

BJ's Wholesale... More

BJ's Wholesale Club (BJ) option IV elevated into quarter results and outlook

BJ's Wholesale Club (NYSE: BJ) August call option implied volatility is at 120, September is at 46; compared to its 52-week range of 29 to 96 into the expected release of quarter results today after the bell. Call put ratio 1.8 calls to 1 put.