At the time of writing, TJX Companies, Inc. [TJX] stock is trading at $120.23, up 6.11%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TJX shares have gain 10.22% over the last week, with a monthly amount glided 6.00%, 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 August 14, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $128 from $115. Previously, UBS upgraded its rating to Buy on May 02, 2024, and elevated its price target to $132. On April 25, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $110 on the stock. Redburn Atlantic downgraded its rating to a Neutral but stick to its price target of $100 on February 05, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $105 on November 16, 2023. Evercore ISI started tracking with a Outperform rating for this stock on November 07, 2023, and assigned it a price target of $105. In a note dated August 09, 2023, Cleveland Research upgraded an Buy rating on this stock.
For the past year, the stock price of TJX Companies, Inc. fluctuated between $86.71 and $115.35. Currently, Wall Street analysts expect the stock to reach $94.95 within the next 12 months. TJX Companies, Inc. [NYSE: TJX] shares were valued at $120.23 at the most recent close of the market. An investor can expect a potential drop of -21.03% based on the average TJX price forecast.
Analyzing the TJX fundamentals
According to TJX Companies, Inc. [NYSE:TJX], the company’s sales were 55.62B for trailing twelve months, which represents an 5.57% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.37 and Total Capital is 0.31. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.41.
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 118.47 points at the first support level, and at 116.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 121.44, and for the 2nd resistance point, it is at 122.65.
Ratios To Look Out For
It is important to note that TJX Companies, Inc. [NYSE:TJX] has a current ratio of 1.21. Further, the Quick Ratio stands at 0.60, while the Cash Ratio is 0.49. Considering the valuation of this stock, the price to sales ratio is 2.44, the price to book ratio is 18.12 and price to earnings (TTM) ratio is 29.82.
Transactions by insiders
Recent insider trading involved Klinger John, SEVP, CFO, that happened on Jun 03 ’24 when 6785.0 shares were sold. SEVP – Group President, Canestrari Kenneth completed a deal on May 30 ’24 to sell 10744.0 shares. Meanwhile, SEVP – Group President Greenlees Louise sold 8171.0 shares on May 29 ’24.
