Stocks of TJX Companies, Inc (NYSE:TJX) traded higher last session on Wall Street, down -0.53% to $123.06.
TJX stock price is now 3.18% away from the 50-day moving average and 11.93% away from the 200-day moving average. The market capitalization of the company currently stands at $138.34B.
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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, CEO & President sold 7,533 shares of the company’s stock on Dec 05 ’24. The stock was sold for $950,551 at an average price of $126.18. Upon completion of the transaction, the CEO & President now directly owns 509,466 shares in the company, valued at $62.69 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 05 ’24, Officer Herrman Ernie bought 7,533 shares of the business’s stock. A total of $945,392 was incurred on buying the stock at an average price of $125.50. 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 $89.37 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 28.96 price-to-earnings ratio, a 3.22 price-to-earnings-growth ratio, and a beta of 0.91. The fifty day moving average price for TJX is $119.0496 and a two-hundred day moving average price translates $109.81675 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. For the current quarter, analysts expect TJX to generate $16.22B in revenue.
