The TJX Companies Inc. [TJX] is -24.29% lower this YTD. Is it still time to buy?

The TJX Companies Inc. [NYSE: TJX] plunged by -$2.33 during the normal trading session on Tuesday and reaching a high of $60.59 during the day while it closed the day at $57.48. The company report on June 16, 2022 that Thinking about trading options or stock in Boeing, Kroger, Qualcomm, TJX Companies, or Walmart?.


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The TJX Companies Inc. stock has also loss -0.02% of its value over the past 7 days. However, TJX stock has declined by -7.29% in the 3 months of the year. Over the past six months meanwhile, it has lost -22.63% and lost -24.29% year-on date.

The market cap for TJX stock reached $64.06 billion, with 1.18 billion shares outstanding and 1.17 billion shares in the current float. Compared to the average trading volume of 7.55M shares, TJX reached a trading volume of 5808001 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about The TJX Companies Inc. [TJX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TJX shares is $75.90 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TJX stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for The TJX Companies Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on April 05, 2022. While these analysts kept the previous recommendation, Bernstein raised their target price to Mkt Perform. The new note on the price target was released on March 15, 2022, representing the official price target for The TJX Companies Inc. stock. Previously, the target price had yet another drop from $81 to $78, while Gordon Haskett kept a Buy rating on TJX stock. On February 24, 2022, analysts decreased their price target for TJX shares from 83 to 79.

The Average True Range (ATR) for The TJX Companies Inc. is set at 2.10, with the Price to Sales ratio for TJX stock in the period of the last 12 months amounting to 1.28. The Price to Book ratio for the last quarter was 12.10, with the Price to Cash per share for the same quarter was set at 3.85. Price to Free Cash Flow for TJX in the course of the last twelve months was 134.66 with Quick ratio for the last quarter at 0.50.

TJX stock trade performance evaluation

The TJX Companies Inc. [TJX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.02. With this latest performance, TJX shares dropped by -10.34% in over the last four-week period, additionally sinking by -22.63% over the last 6 months – not to mention a drop of -13.55% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TJX stock in for the last two-week period is set at 43.86, with the RSI for the last a single of trading hit 42.51, and the three-weeks RSI is set at 44.81 for The TJX Companies Inc. [TJX]. The present Moving Average for the last 50 days of trading for this stock 60.41, while it was recorded at 58.38 for the last single week of trading, and 66.03 for the last 200 days.

The TJX Companies Inc. [TJX]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and The TJX Companies Inc. [TJX] shares currently have an operating margin of +9.57 and a Gross Margin at +28.35. The TJX Companies Inc.’s Net Margin is presently recorded at +6.76.

Return on Equity for this stock inclined to 55.47, with Return on Assets sitting at 11.08.

The TJX Companies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 1.20.

Earnings per share (EPS) analysis for The TJX Companies Inc. [TJX] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TJX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The TJX Companies Inc. go to 12.80%.

The TJX Companies Inc. [TJX]: Insider Ownership positions

There are presently around $63,890 million, or 92.90% of TJX stock, in the hands of institutional investors. The top three institutional holders of TJX stocks are: VANGUARD GROUP INC with ownership of 90,135,403, which is approximately 0.309% of the company’s market cap and around 0.20% of the total institutional ownership; WELLINGTON MANAGEMENT GROUP LLP, holding 84,916,301 shares of the stock with an approximate value of $5.08 billion in TJX stocks shares; and BLACKROCK INC., currently with $4.5 billion in TJX stock with ownership of nearly -1.725% of the company’s market capitalization.

Positions in The TJX Companies Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 806 institutional holders increased their position in The TJX Companies Inc. [NYSE:TJX] by around 61,985,103 shares. Additionally, 818 investors decreased positions by around 77,265,140 shares, while 221 investors held positions by with 928,963,558 shares. The mentioned changes placed institutional holdings at 1,068,213,801 shares, according to the latest SEC report filing. TJX stock had 119 new institutional investments in for a total of 15,197,573 shares, while 209 institutional investors sold positions of 9,352,713 shares during the same period.

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