Bjs Wholesale Club Stock Current Asset
| BJ Stock | USD 75.79 0.87 1.16% |
BJs Wholesale Club fundamentals help investors to digest information that contributes to BJs Wholesale's financial success or failures. It also enables traders to predict the movement of BJs Stock. The fundamental analysis module provides a way to measure BJs Wholesale's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BJs Wholesale stock.
The value of Non Current Assets Total is estimated to pull down to about 3.8 B. The value of Other Current Assets is estimated to pull down to about 62.5 M. BJs | Current Asset |
BJs Wholesale Club Company Current Asset Analysis
BJs Wholesale's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current BJs Wholesale Current Asset | 1.29 B |
Most of BJs Wholesale's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BJs Wholesale Club is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
BJs Current Asset Historical Pattern
Today, most investors in BJs Wholesale Stock are looking for potential investment opportunities by analyzing not only static indicators but also various BJs Wholesale's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of BJs Wholesale current asset as a starting point in their analysis.
BJs Wholesale Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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BJs Total Assets
Total Assets |
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In accordance with the recently published financial statements, BJs Wholesale Club has a Current Asset of 1.29 B. This is 81.98% lower than that of the Consumer Staples Distribution & Retail sector and 88.1% lower than that of the Consumer Staples industry. The current asset for all United States stocks is 86.16% higher than that of the company.
BJs Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BJs Wholesale's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BJs Wholesale could also be used in its relative valuation, which is a method of valuing BJs Wholesale by comparing valuation metrics of similar companies.BJs Wholesale is currently under evaluation in current asset category among related companies.
BJs Fundamentals
| Return On Equity | 0.42 | ||||
| Return On Asset | 0.0781 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 12.8 B | ||||
| Shares Outstanding | 132.96 M | ||||
| Shares Owned By Insiders | 1.01 % | ||||
| Shares Owned By Institutions | 98.99 % | ||||
| Number Of Shares Shorted | 8.19 M | ||||
| Price To Earning | 24.27 X | ||||
| Price To Book | 7.02 X | ||||
| Price To Sales | 0.51 X | ||||
| Revenue | 19.97 B | ||||
| Gross Profit | 3.43 B | ||||
| EBITDA | 1.05 B | ||||
| Net Income | 523.65 M | ||||
| Cash And Equivalents | 33.91 M | ||||
| Cash Per Share | 1.21 X | ||||
| Total Debt | 2.99 B | ||||
| Debt To Equity | 3.91 % | ||||
| Current Ratio | 0.73 X | ||||
| Book Value Per Share | 10.99 X | ||||
| Cash Flow From Operations | 718.88 M | ||||
| Short Ratio | 4.66 X | ||||
| Earnings Per Share | 3.88 X | ||||
| Price To Earnings To Growth | 2.48 X | ||||
| Target Price | 82.88 | ||||
| Number Of Employees | 34 K | ||||
| Beta | 0.26 | ||||
| Market Capitalization | 9.96 B | ||||
| Total Asset | 6.68 B | ||||
| Retained Earnings | 1.17 B | ||||
| Working Capital | (674.04 M) | ||||
| Current Asset | 1.29 B | ||||
| Current Liabilities | 987.01 M | ||||
| Net Asset | 6.68 B |
About BJs Wholesale Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BJs Wholesale Club's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BJs Wholesale using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BJs Wholesale Club based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with BJs Wholesale
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BJs Wholesale position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BJs Wholesale will appreciate offsetting losses from the drop in the long position's value.Moving together with BJs Stock
| 0.81 | GO | Grocery Outlet Holding Financial Report 14th of May 2024 | PairCorr |
| 0.91 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
Moving against BJs Stock
| 0.89 | IH | IhumanInc | PairCorr |
| 0.86 | IMKTA | Ingles Markets rporated | PairCorr |
| 0.61 | ACI | Albertsons Companies Financial Report 23rd of July 2024 | PairCorr |
| 0.57 | FC | Franklin Covey Financial Report 26th of June 2024 | PairCorr |
| 0.55 | GV | Visionary Education Symbol Change | PairCorr |
The ability to find closely correlated positions to BJs Wholesale could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BJs Wholesale when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BJs Wholesale - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BJs Wholesale Club to buy it.
The correlation of BJs Wholesale is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BJs Wholesale moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BJs Wholesale Club moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BJs Wholesale can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out BJs Wholesale Piotroski F Score and BJs Wholesale Altman Z Score analysis. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for BJs Stock analysis
When running BJs Wholesale's price analysis, check to measure BJs Wholesale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BJs Wholesale is operating at the current time. Most of BJs Wholesale's value examination focuses on studying past and present price action to predict the probability of BJs Wholesale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BJs Wholesale's price. Additionally, you may evaluate how the addition of BJs Wholesale to your portfolios can decrease your overall portfolio volatility.
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Is BJs Wholesale's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BJs Wholesale. If investors know BJs will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BJs Wholesale listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.144 | Earnings Share 3.88 | Revenue Per Share 150.087 | Quarterly Revenue Growth 0.087 | Return On Assets 0.0781 |
The market value of BJs Wholesale Club is measured differently than its book value, which is the value of BJs that is recorded on the company's balance sheet. Investors also form their own opinion of BJs Wholesale's value that differs from its market value or its book value, called intrinsic value, which is BJs Wholesale's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BJs Wholesale's market value can be influenced by many factors that don't directly affect BJs Wholesale's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BJs Wholesale's value and its price as these two are different measures arrived at by different means. Investors typically determine if BJs Wholesale is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BJs Wholesale's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.