FMP
May 24, 2024 10:07 AM - Davit Kirakosyan
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.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...