BJ
BJ's Wholesale Club Holdings, Inc.
BJ has lower modeled downside risk, despite its lower overall score.
CELH
Celsius Holdings, Inc.
CELH has the edge over BJ overall, supported by stronger valuation and stronger fundamentals.
BJ Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Stable | |
| Healthy |
BJ's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
CELH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Strong |
CELH's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
BJ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 17x | $78.63 | -29% |
| Fair | 20x | $92.32 | -17% |
| Forward | 22x | $111 | — |
| Expensive | 23x | $103 | -7.3% |
| Current | 24x | $111 | — |
Historical ranges are pointers, not guarantees.
BJ's PE is in its expensive range at 24x. If earnings grow as analysts expect, today's price would be 22x next year's earnings.
CELH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $31.89 | — |
| Current | 35x | $31.89 | — |
| Cheap | 40x | $35.95 | +13% |
| Fair | 141x | $127 | +299% |
| Expensive | 650x | $585 | +1735% |
Historical ranges are pointers, not guarantees.
CELH has the edge over BJ in the historical PE scenario, which offers more potential upside but is not a forecast.
BJ Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for BJ, with profitability holding steady.
CELH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
CELH has the edge over BJ on the outlook, with more favorable profitability expectations.
BJ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.96 | +8.6% |
| Q3 2026 | $4.57 | +4.8% |
| Q2 2026 | $4.35 | +1.2% |
| Q1 2026 | $4.38 | +9.5% |
| Q4 2025 | $4.34 | +4.1% |
| Q3 2025 | $4.36 | +9.8% |
| Q2 2025 | $4.30 | +11% |
| Q1 2025 | $4.00 | +3.1% |
| Q4 2024 | $4.17 | +11% |
BJ has the edge over CELH on earnings, with more consistent year-over-year improvement.
CELH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.53 | +70% |
| Q3 2026 | $0.90 | +718% |
| Q2 2026 | $0.24 | -37% |
| Q1 2026 | $0.43 | +30% |
| Q4 2025 | $0.25 | -44% |
| Q3 2025 | $0.11 | -85% |
| Q2 2025 | $0.38 | -62% |
| Q1 2025 | $0.33 | -64% |
| Q4 2024 | $0.45 | -42% |
CELH earned $0.90 per share over the past year, about eight times what it earned the year before.
BJ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $6.2B | +16% |
| Q2 2026 | $5.7B | +9.9% |
| Q1 2026 | $5.6B | +5.6% |
| Q4 2025 | $5.3B | +4.9% |
| Q3 2025 | $5.4B | +3.4% |
| Q2 2025 | $5.2B | +4.8% |
| Q1 2025 | $5.3B | -1.5% |
| Q4 2024 | $5.1B | +3.5% |
BJ's revenue has grown year over year for six quarters in a row: $6.2B last quarter, up 16% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 4% | 0 points |
| Q2 2026 | 3.7% | -0.3 points |
| Q1 2026 | 3.2% | -0.2 points |
| Q4 2025 | 4.1% | -0.4 points |
| Q3 2025 | 4% | +0.1 points |
| Q2 2025 | 4% | +0.7 points |
| Q1 2025 | 3.4% | -0.6 points |
| Q4 2024 | 4.5% | +0.5 points |
BJ's operating margin was 4% last quarter, about level with the same quarter a year ago.
CELH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $847.2M | +17% |
| Q2 2026 | $817.9M | +11% |
| Q1 2026 | $782.6M | +138% |
| Q4 2025 | $721.6M | +117% |
| Q3 2025 | $725.1M | +173% |
| Q2 2025 | $739.3M | +84% |
| Q1 2025 | $329.3M | -7.4% |
| Q4 2024 | $332.2M | -4.4% |
CELH's revenue has grown year over year for six quarters in a row: $847M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +31 points |
| Q2 2026 | 9.2% | -10 points |
| Q1 2026 | 18% | +2 points |
| Q4 2025 | 3.6% | +9.2 points |
| Q3 2025 | -11% | -9.8 points |
| Q2 2025 | 19% | -4.1 points |
| Q1 2025 | 16% | -7.6 points |
| Q4 2024 | -5.6% | -23 points |
CELH has the edge over BJ on profitability, with a higher operating margin.
BJ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $224.1M | +166% |
| Q2 2026 | -$42M | -162% |
| Q1 2026 | $189.9M | +70% |
| Q4 2025 | -$13.7M | -173% |
| Q3 2025 | $84.3M | -3.6% |
| Q2 2025 | $67.6M | -29% |
| Q1 2025 | $111.5M | -28% |
| Q4 2024 | $18.8M | -54% |
BJ still generates free cash flow, though less than at its 2020 peak: $358M over the past year.
CELH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $127.7M | -60% |
| Q2 2026 | $205.5M | +479% |
| Q1 2026 | $65.8M | -32% |
| Q4 2025 | -$130M | -285% |
| Q3 2025 | $321.5M | +3599% |
| Q2 2025 | $35.5M | +17% |
| Q1 2025 | $96.4M | -26% |
| Q4 2024 | $70.3M | +16394% |
CELH has the edge over BJ on cash flow, with more consistent year-over-year improvement.
BJ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.3% | -1.6M shares |
| 1 year | -3.6% | -4.8M shares |
| 3 years | -5.5% | -7.4M shares |
| 5 years | -7.6% | -10.5M shares |
| Available history | -7.6% | -10.5M shares |
BJ has the edge over CELH on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $123M |
| Q2 2026 | $225.7M |
| Q1 2026 | $116.6M |
| Q4 2025 | $87.3M |
| Q3 2025 | $41.6M |
| Q2 2025 | $41.3M |
| Q1 2025 | $61.6M |
| Q4 2024 | $58.1M |
BJ spent $553M buying back its own shares over the past year, up 173% from the year before.
CELH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -2M shares |
| 1 year | -1.1% | -2.9M shares |
| 3 years | +7.4% | +17.6M shares |
| 5 years | +8.3% | +19.5M shares |
| Available history | +32% | +62.4M shares |
CELH has 255M diluted shares, down 1.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300,000 |
| Q2 2026 | $1M |
| Q1 2026 | $8.8M |
| Q4 2025 | $2.5M |
| Q3 2025 | $448,000 |
| Q2 2025 | $879,000 |
| Q1 2025 | $1.9M |
| Q4 2024 | $603,000 |
CELH spent $13M buying back its own shares over the past year, about three times what it spent the year before.
BJ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.7x | Very low |
| Q1 2026 | 0.4x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
BJ's net debt is less than a year of its operating earnings (EBITDA).
CELH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | -7.3x | Net Cash |
| Q4 2024 | -5.5x | Net Cash |
CELH has the edge over BJ on leverage, with a lower net debt burden relative to earnings.
BJ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 69.4 | Neutral |
| Stochastic | 90.4 | Overbought |
BJ's weekly RSI is 69 (neutral) and its Stochastic is 90 (overbought).
CELH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.3 | Neutral |
| Stochastic | 56.8 | Neutral |
CELH's weekly RSI is 51 (neutral) and its Stochastic is 57 (neutral).
BJ PE vs Consumer Defensive Sector
| Metric | BJ | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 19x | 24% above |
| PE % | 93 | 18 | 75 pts above |
BJ has the edge over CELH on valuation relative to its sector.
CELH PE vs Consumer Defensive Sector
| Metric | CELH | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 19x | 82% above |
| PE % | 11 | 18 | 7 pts below |
CELH is trading at 35x earnings, a 82% premium to the Consumer Defensive sector's median of 19x.
BJ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $103.0 | 7.7% above |
| 20 week MA | $96.9 | 14% above |
| 50 week MA | $95.1 | 17% above |
| 100 week MA | $99.1 | 12% above |
| 200 week MA | $87.1 | 27% above |
BJ has the edge over CELH on trend strength, trading above more of its moving averages.
CELH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.1 | 9.4% above |
| 20 week MA | $29.6 | 7.8% above |
| 50 week MA | $36.1 | 12% below |
| 100 week MA | $38.8 | 18% below |
| 200 week MA | $44.6 | 29% below |
CELH has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 29% below its 200-week average.
BJ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $22.8 | $38.2 | +68% |
| 2021 | $38.2 | $64.3 | +68% |
| 2022 | $64.3 | $66.8 | +3.9% |
| 2023 | $66.8 | $66.7 | -0.1% |
| 2024 | $66.7 | $92.8 | +39% |
| 2025 | $92.8 | $93.9 | +1.1% |
| 2026 YTD | $93.9 | $110.9 | +18% |
BJ has the edge over CELH on returns for 2026, with the stronger performance.
CELH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.58 | $14.7 | +832% |
| 2021 | $14.7 | $24.9 | +69% |
| 2022 | $24.9 | $35.6 | +43% |
| 2023 | $35.6 | $54.5 | +53% |
| 2024 | $54.5 | $26.5 | -51% |
| 2025 | $26.5 | $45.6 | +72% |
| 2026 YTD | $45.6 | $31.9 | -30% |
CELH's yearly returns have swung widely, from +832% in 2020 to −51% in 2024. It's down 30% so far in 2026.