If you are wondering whether BJ’s Wholesale Club Holdings is still attractively priced at around US$99, this article will walk through what the current market price might be implying about its value.
The stock last closed at US$99.28, with returns of 10.0% over the past week, 9.2% over the past month, 8.0% year to date, 33.2% over three years and 131.6% over five years, while the one year return sits at a 6.0% decline.
Recent share price moves sit against a backdrop of ongoing interest in warehouse club operators, as investors weigh membership based retail models and their appeal to value conscious shoppers. This context helps explain why the market is paying close attention to how BJ’s scales its footprint and membership base over…