TJX Companies, Inc. (NYSE:TJX) shares traded 1.90% higher at $103.37 on Wall Street last session.
TJX stock price is now 6.16% away from the 50-day moving average and 10.53% away from the 200-day moving average. The market capitalization of the company currently stands at $117.12B.
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With the price target enhanced from $104 to $132, UBS Upgraded its rating from Neutral to Buy for TJX Companies, Inc. (NYSE: TJX). On April 25, 2024, Goldman Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $100 to quote $110, while ‘Redburn Atlantic’ rates the stock as ‘Neutral’
In other news, Greenlees Louise, SEVP – Group President sold 8,171 shares of the company’s stock on May 29 ’24. The stock was sold for $831,277 at an average price of $101.73. Upon completion of the transaction, the SEVP – Group President now directly owns 49,570 shares in the company, valued at $5.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 28 ’24, Director LANE AMY B sold 1,500 shares of the business’s stock. A total of $153,102 was realized by selling the stock at an average price of $102.07. This leaves the insider owning 23,470 shares of the company worth $2.43 million. A total of 0.14% of the company’s stock is owned by insiders.
During the past 12 months, TJX Companies, Inc. has had a low of $75.65 and a high of $104.98. As of last week, the company has a debt-to-equity ratio of 1.69, a current ratio of 1.23, and a quick ratio of 0.61. According to the stock market information, the enterprise value for the company is $123833237504, which is based on a 25.64 price-to-earnings ratio, a 2.36 price-to-earnings-growth ratio, and a beta of 0.87. The fifty day moving average price for TJX is $97.3726 and a two-hundred day moving average price translates $93.52235 for the stock.
The latest earnings results from TJX Companies, Inc. (NYSE: TJX) was released for 2024-05-04. The net profit margin was 8.47% and return on equity was 66.83% for TJX. The company reported revenue of $16.41 billion for the quarter, compared to $14.52 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.02 percent.
