FMP

FMP

Enter

BofA Securities analysts raised their price target for BJ's Wholesale (NYSE:BJ) to $95 from $90 while maintaining a Buy rating, after the company reported Q1 re

BJ's Wholesale Price Target Increased at BofA After Q1 Report

-

twitterlinkedinfacebook
blog post cover photo

Image credit: FMP

BofA Securities analysts raised their price target for BJ's Wholesale (NYSE:BJ) to $95 from $90 while maintaining a Buy rating, after the company reported Q1 results yesterday.

The analysts anticipate a 20 basis point year-over-year increase in merchandise margin for fiscal 2025, driven by the growth of Own Brands and effective cost management, including SKU rationalization.

BJ's recently introduced its own food storage bags in the first quarter, appealing to consumers looking for better value compared to national brands. The company continues to gain market share in its gas business, although first-quarter profits were below expectations.

Other Blogs

Nov 25, 2023 6:39 AM - Parth Sanghvi

DCF Valuation vs. Comparable Companies Analysis: Choosing the Right Valuation Method

Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...

blog post title

Dec 23, 2023 2:19 AM - Parth Sanghvi

Understanding the Limitations of DCF Analysis: A Guide to Overcoming Challenges

Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...

blog post title

Dec 25, 2023 2:28 AM - Parth Sanghvi

Integrating Sustainability into Valuations: Navigating ESG Factors within the Discounted Cash Flow (DCF) Model

Introduction: The investment landscape is undergoing a profound shift with a heightened emphasis on sustainability and responsible investing. In this blog post, we explore the intersection of Environmental, Social, and Governance (ESG) considerations within the Discounted Cash Flow (DCF) model, h...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep