TJX Companies, Inc [TJX] stock is trading at $123.54, down -0.98%. An important factor to consider is whether the stock is rising or falling in short-term value. The TJX shares have gain 1.70% over the last week, with a monthly amount drifted -2.02%, and not 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.
TJX Companies, Inc [TJX] stock has fluctuated between $92.35 and $128.00 over the past year. Currently, Wall Street analysts expect the stock to reach $151 within the next 12 months. TJX Companies, Inc [NYSE: TJX] shares were valued at $123.54 at the most recent close of the market. An investor can expect a potential return of 22.23% based on the average TJX price forecast.
Analyzing the TJX fundamentals
TJX Companies, Inc [NYSE:TJX] reported sales of 56.36B for the trailing twelve months, which represents a drop of -0.37%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.12%, 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 0.35 and Total Capital is 0.85. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.4.
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 122.40 points at the first support level, and at 121.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 125.33, and for the 2nd resistance point, it is at 127.13.
Ratios To Look Out For
For context, TJX Companies, Inc’s Current Ratio is 1.18. On the other hand, the Quick Ratio is 0.60, and the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 2.46, the price to book ratio is 17.00 and price to earnings (TTM) ratio is 29.00.
Transactions by insiders
Recent insider trading involved BENNETT ALAN M, Director, that happened on Feb 27 ’25 when 8000.0 shares were sold. Director, BENNETT ALAN M completed a deal on Feb 27 ’25 to buy 8000.0 shares. Meanwhile, CEO & President Herrman Ernie sold 7533.0 shares on Dec 05 ’24.
