In yesterday’s Wall Street session, TJX Companies, Inc. (NYSE:TJX) shares traded at $117.27, down -0.09% from the previous session.
TJX stock price is now 3.97% away from the 50-day moving average and 16.68% away from the 200-day moving average. The market capitalization of the company currently stands at $132.53B.
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With the price target enhanced from $128 to $134, Telsey Advisory Group maintained Outperform rating for TJX Companies, Inc. (NYSE: TJX). On August 22, 2024, Citigroup Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock increasing its target price from $110 to quote $128, while ‘Telsey Advisory Group’ rates the stock as ‘Outperform’
In other news, Nemerov Jackwyn, Director bought 1,183 shares of the company’s stock on Aug 29 ’24. The stock was bought for $140,883 at an average price of $119.09. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 22 ’24, CEO & President Herrman Ernie sold 20,000 shares of the business’s stock. A total of $2,409,428 was realized by selling the stock at an average price of $120.47. This leaves the insider owning 551,148 shares of the company worth $64.63 million. A total of 0.13% of the company’s stock is owned by insiders.
During the past 12 months, TJX Companies, Inc. has had a low of $86.71 and a high of $121.13. As of last week, the company has a debt-to-equity ratio of 1.63, a current ratio of 1.21, and a quick ratio of 0.60. According to the stock market information, the enterprise value for the company is $139666653184, which is based on a 28.32 price-to-earnings ratio, a 3.04 price-to-earnings-growth ratio, and a beta of 0.89. The fifty day moving average price for TJX is $112.9276 and a two-hundred day moving average price translates $100.63215 for the stock.
The latest earnings results from TJX Companies, Inc. (NYSE: TJX) was released for 2024-08-03. The net profit margin was 8.56% and return on equity was 66.20% for TJX. The company reported revenue of $12.48 billion for the quarter, compared to $11.78 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.91 percent. For the current quarter, analysts expect TJX to generate $13.97B in revenue.
