At the time of writing, TJX Companies, Inc [TJX] stock is trading at $127.20, up 1.03%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TJX shares have gain 1.96% over the last week, with a monthly amount glided 7.95%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TJX Companies, Inc [NYSE: TJX] stock has seen the most recent analyst activity on August 22, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $134 from $128. Previously, Citigroup downgraded its rating to Neutral on August 22, 2024, and elevated its price target to $128. On August 14, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $128 on the stock. UBS upgraded its rating to a Buy and increased its price target to $132 on May 02, 2024. Goldman upgraded its rating to a Buy and raised its price target to $110 on April 25, 2024. Redburn Atlantic downgraded its rating to Neutral for this stock on February 05, 2024, but kept the price target unchanged to $100. In a note dated November 16, 2023, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $100 to $105.
For the past year, the stock price of TJX Companies, Inc fluctuated between $88.58 and $128.00. Currently, Wall Street analysts expect the stock to reach $127 within the next 12 months. TJX Companies, Inc [NYSE: TJX] shares were valued at $127.20 at the most recent close of the market. An investor can expect a potential drop of -0.16% based on the average TJX price forecast.
Analyzing the TJX fundamentals
According to TJX Companies, Inc [NYSE:TJX], the company’s sales were 56.42B for trailing twelve months, which represents an 6.02% jump. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.08%, 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 0.15, Equity is 0.63 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.56.
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 125.63 points at the first support level, and at 124.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 128.09, and for the 2nd resistance point, it is at 128.97.
Ratios To Look Out For
It is important to note that TJX Companies, Inc [NYSE:TJX] has a current ratio of 1.19. Also, the Quick Ratio is 0.50, while the Cash Ratio stands at 0.39. Considering the valuation of this stock, the price to sales ratio is 2.53, the price to book ratio is 17.50 and price to earnings (TTM) ratio is 29.94.
Transactions by insiders
Recent insider trading involved Herrman Ernie, CEO & President, that happened on Dec 05 ’24 when 7533.0 shares were sold. Officer, Herrman Ernie completed a deal on Dec 05 ’24 to buy 7533.0 shares. Meanwhile, Director LANE AMY B sold 1000.0 shares on Nov 27 ’24.
