BJ's Wholesale Club Holdings Inc
BJ: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Xj | LOCK|&%Z | LOCK|W#%D^p |
BJ’s Wholesale Earnings: Shares Jump 10% Amid Strong Comparable Sales Growth, Profit Improvement
We plan to raise our $63 fair value estimate on no-moat BJ’s Wholesale by a low- to mid-single-digit percentage after the firm delivered strong results that outpaced our expectations. However, we think shares look very overvalued and recommend investors wait for a better entry point before stocking up.
