TJX Companies, Inc (NYSE:TJX) shares traded 0.33% higher at $125.92 on Wall Street last session.
TJX stock price is now 6.94% away from the 50-day moving average and 15.63% away from the 200-day moving average. The market capitalization of the company currently stands at $142.02B.
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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, Herrman Ernie, Officer bought 7,533 shares of the company’s stock on Dec 05 ’24. The stock was bought for $945,392 at an average price of $125.50. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 27 ’24, Director LANE AMY B sold 1,000 shares of the business’s stock. A total of $126,925 was realized by selling the stock at an average price of $126.92. This leaves the insider owning 23,662 shares of the company worth $2.98 million. A total of 0.52% of the company’s stock is owned by insiders.
During the past 12 months, TJX Companies, Inc has had a low of $87.44 and a high of $128.00. As of last week, the company has a debt-to-equity ratio of 1.56, a current ratio of 1.19, and a quick ratio of 0.50. According to the stock market information, the enterprise value for the company is $142452490240, which is based on a 29.64 price-to-earnings ratio, a 3.29 price-to-earnings-growth ratio, and a beta of 0.91. The fifty day moving average price for TJX is $117.5932 and a two-hundred day moving average price translates $108.758 for the stock.
The latest earnings results from TJX Companies, Inc (NYSE: TJX) was released for 2024-08-03. The net profit margin was 8.63% and return on equity was 64.89% for TJX. The company reported revenue of $13.47 billion for the quarter, compared to $12.76 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.57 percent.
