A share price of TJX Companies, Inc. [TJX] is currently trading at $98.50, up 0.59%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TJX shares have gain 4.99% over the last week, with a monthly amount glided 1.44%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
TJX Companies, Inc. [NYSE: TJX] stock has seen the most recent analyst activity on May 02, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $132 from $104. Previously, Goldman upgraded its rating to Buy on April 25, 2024, and elevated its price target to $110. On February 05, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $100 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $105 on November 16, 2023. Evercore ISI initiated its recommendation with a Outperform and recommended $105 as its price target on November 07, 2023. Cleveland Research upgraded its rating to Buy for this stock on August 09, 2023. In a note dated July 12, 2023, Loop Capital upgraded an Buy rating on this stock and boosted its target price from $75 to $95.
TJX Companies, Inc. experienced fluctuations in its stock price throughout the past year between $75.65 and $102.84. Currently, Wall Street analysts expect the stock to reach $88.45 within the next 12 months. TJX Companies, Inc. [NYSE: TJX] shares were valued at $98.50 at the most recent close of the market. An investor can expect a potential drop of -10.2% based on the average TJX price forecast.
Analyzing the TJX fundamentals
Trailing Twelve Months sales for TJX Companies, Inc. [NYSE:TJX] were 54.22B which represents 13.02% growth. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.66 and Total Capital is 0.3. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.61.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 97.79 points at the first support level, and at 97.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 98.88, and for the 2nd resistance point, it is at 99.27.
TJX Companies, Inc. [TJX] reported earnings per share of $1.22 for its fiscal quarter that ended on 1/31/2024. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.12/share, meaning a difference of $0.1 and a surprise factor of 8.90%. By comparison, the stated earnings for the previous quarter ended on 10/31/2023 were $1.03 per share as compared to estimates of $0.99 per share, a difference of $0.04 representing a surprise of 4.00%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for TJX Companies, Inc. [NYSE:TJX] is 1.21. In addition, the Quick Ratio stands at 0.64 and the Cash Ratio stands at 0.54. Considering the valuation of this stock, the price to sales ratio is 2.06, the price to book ratio is 15.29 and price to earnings (TTM) ratio is 25.50.
Transactions by insiders
Recent insider trading involved Herrman Ernie, CEO & President, that happened on Mar 21 ’24 when 20000.0 shares were sold. CEO & President, Herrman Ernie completed a deal on Mar 13 ’24 to sell 20304.0 shares. Meanwhile, CEO & President Herrman Ernie sold 20000.0 shares on Mar 04 ’24.
