fencingforum.com

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Elon Musk and Tesla found not liable in lawsuit over “funding secured” tweet

    February 4, 2023

    TikTok opens transparency center as it faces new threats of government ban

    February 2, 2023

    Boeing to retire 747 as NASA invests in sustainable aircraft design

    February 2, 2023
    Facebook Twitter Instagram
    fencingforum.com
    • Home
    • News

      Elon Musk and Tesla found not liable in lawsuit over “funding secured” tweet

      February 4, 2023

      TikTok opens transparency center as it faces new threats of government ban

      February 2, 2023

      Boeing to retire 747 as NASA invests in sustainable aircraft design

      February 2, 2023

      FTC tracks GoodRx to sell user health data

      February 1, 2023

      ChatGPT, OpenAI, Napster: AI is the future, so is litigation

      February 1, 2023
    • Crypto

      2022 Will Be Biggest Year Ever For Cryptocurrency Hacking, Report Says

      February 1, 2023

      Massachusetts Provident Solves Past Crypto Problems

      February 1, 2023

      Chiron Investigation Saves The Crypto Community With Unique Recovery Service

      February 1, 2023

      Cryptocurrency Exchange Gets Favorable Judgment In Arbitration Of Claim For Alleged Trading Loss | Proskauer – Blockchain & Law

      February 1, 2023

      Illinois Crypto Investors Share $45 Million Settlement

      February 1, 2023
    • Startup

      Proptech Startup Appoints Braves Following Competitive Pitch Today

      February 2, 2023

      Mental health startups form a union.Additionally, the Covid emergency ending in May

      February 2, 2023

      Web development startup Netlify acquires rival Gatsby

      February 2, 2023

      PitchBlack, the startup competition for black entrepreneurs, returns with a new venue

      February 2, 2023

      Meet the eight companies that make up StarTUp in The Armory’s first winter cohort

      February 1, 2023
    • Technology

      Gorilla Technology Group Appoints Lawrence Ng as Head of Asia

      February 1, 2023

      Tom Hanks, Robert Zemeckis’ new movie will use deepfake AI technology

      February 1, 2023

      See the achievements of Iran’s space technology

      February 1, 2023

      Advanced material market for nuclear fusion technology

      February 1, 2023

      12 Information Technology Stocks to Move in Wednesday’s Intraday Session

      February 1, 2023
    • Trending

      New Orleans mayor says violent crime trend is ‘encouraging’

      February 1, 2023

      Timberwolves basketball boss says Karl-Anthony Towns is ‘moving in a really positive direction’ – Twin Cities

      February 1, 2023

      What are the trends in nutrition? value, value, value.

      February 1, 2023

      Why is ‘Andrea Riseborough’s Oscar controversy’ a trend?

      February 1, 2023

      Mushrooms will continue to be a trend food in 2023 – Produce Blue Book

      February 1, 2023
    Facebook Twitter Instagram
    fencingforum.com
    Home»Trending»BJ’s Wholesale Club Holdings (BJ) Is A Trending Stock: Facts To Know Before You Bet – Jan 5, 2023
    Trending

    BJ’s Wholesale Club Holdings (BJ) Is A Trending Stock: Facts To Know Before You Bet – Jan 5, 2023

    admin1By admin1January 5, 20235 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    BJ’s Wholesale Club (BJs – Free Report) has recently been one of the most searched stocks on Zacks.com. Therefore, you may want to examine some of the facts that may shape stock performance in the short term.

    The wholesale membership warehouse operator’s share price has returned -2.7% over the past month, compared to a -5.3% change for the Zachs S&P 500 Composite. During this period, the Zachs consumer service and miscellaneous goods industry, to which BJ’s belongs, fell 5.8%. The key issues here are: What is the future direction of stocks?

    Media reports and rumors about significant changes in a company’s business prospects usually trigger trends in its stock price, leading to immediate price changes, but certain underlying factors that ultimately drive buy-and-hold decisions. There are always factors.

    Revision of earnings forecast

    At Zacks, we prioritize assessing changes in a company’s revenue projections rather than focusing on other things. This is because we believe the fair value of a stock is determined by the present value of future earnings streams.

    Our analysis is essentially based on how sell-side analysts covering equities revise their earnings forecasts in light of the latest business developments. As a company’s earnings projections go up, so does its stock’s fair value. Also, if the fair value of a stock is higher than the current market price, investors will tend to buy the stock, resulting in an increase in its price. For this reason, empirical studies have shown that there is a strong correlation between earnings forecast revision trends and short-term stock price movements.

    BJ’s is expected to post earnings of $0.88 per share this quarter, representing a +10% change from the same period last year. The Zacks Consensus Estimate has changed by +2.2% over the last 30 days.

    The consensus earnings forecast for the current fiscal year is $3.79, representing a +16.6% change year over year. This estimate has changed +0.3% over the last 30 days.

    The consensus projected profit for the next fiscal year is $3.81, a +0.5% change from what BJ expected to report a year ago. Estimates have changed +0.8% over the past month.

    With an impressive track record of external audits, our proprietary stock valuation tool, Zacks Rank, is a more definitive indicator of a stock’s short-term price performance as it effectively harnesses the power of revised earnings forecasts. BJ’s Zack ranks him second (buy) due to the magnitude of the recent change in consensus forecasts and three other factors related to earnings forecasts.

    The chart below shows the evolution of the company’s 12-month consensus EPS forecast.

    12 months EPS

    BJ _12MonthEPSChartUrl 12 Month Consensus EPS Estimate

    Expected revenue growth rate

    Earnings growth is arguably the best indicator of a company’s financial health, but if you can’t make money, nothing happens. It is almost impossible for a company to grow profitably without turning a profit for a long period of time. Therefore, knowing the potential revenue growth rate of a company is very important.

    For BJ’s, the consensus revenue forecast for the quarter is $4.9 billion, representing a +12.5% ​​year-over-year change. Estimates of $19.37 billion and $20.46 billion for the current and next fiscal years represent a change of +16.2% and +5.6%, respectively.

    Last Reported Results and Surprise History

    BJ reported revenue for the last quarter of $4.79 billion, up 12.2% year over year. At the same time he had EPS of $0.99 and a year ago he was $0.91.

    Compared to the Zacks Consensus estimate of $4.7 billion, the reported revenue represents a surprise +1.89%. EPS surprise was +19.28%.

    The company beat consensus EPS estimates in each of the four subsequent quarters. The company beat consensus earnings estimates every time during this period.

    evaluation

    You can’t make effective investment decisions without considering stock valuations. When predicting the future price performance of a stock, it is important to determine whether current prices accurately reflect the intrinsic value of the underlying business and the company’s growth prospects.

    Historical values ​​while comparing the current value of a company’s valuation multiples, such as price-to-earnings ratio (P/E), price-to-sales (P/S), and price-to-cash-flow (P/CF) against your own figures helps determine whether the stock is fair valued, overvalued, or undervalued. Comparing a company to its peers on these parameters gives a good idea of ​​the relevance of its stock price.

    As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) classifies stocks into five groups from A to F (A is better than B, B is better than C, and so on). ), which helps identify whether a stock is overvalued, overvalued, or temporarily undervalued.

    BJ’s is rated A on this metric, indicating that it is trading at a discount to its peers. Click here to see the values ​​of some of the metrics that contributed to this grade.

    Conclusion

    The facts discussed here and plenty of other information about Zacks.com may help you decide if the market buzz about BJ is worth paying attention to. However, Zacks’ #2 ranking suggests it may outperform the broader market in the short term.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    admin1
    • Website

    Related Posts

    Trending February 1, 2023

    New Orleans mayor says violent crime trend is ‘encouraging’

    Trending February 1, 2023

    Timberwolves basketball boss says Karl-Anthony Towns is ‘moving in a really positive direction’ – Twin Cities

    Trending February 1, 2023

    What are the trends in nutrition? value, value, value.

    Trending February 1, 2023

    Why is ‘Andrea Riseborough’s Oscar controversy’ a trend?

    Trending February 1, 2023

    Mushrooms will continue to be a trend food in 2023 – Produce Blue Book

    Trending February 1, 2023

    ‘Wrexham’ was the top trending topic on Twitter in the US on FA Cup night

    Leave A Reply Cancel Reply

    Recent Comments

    No comments to show.

    Archives

    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • March 2022
    • February 2022
    • December 2021

    Categories

    • Crypto
    • Make money
    • News
    • Startup
    • Technology
    • Trending
    • Uncategorized
    Facebook Twitter Instagram Pinterest
    • Home
    • Contact us
    • DMCA
    • Privacy Policy
    • Sitemap
    © 2023 opzionebinaria. Designed by opzionebinaria.

    Type above and press Enter to search. Press Esc to cancel.