TJX Companies, Inc. [NYSE: TJX] plunged by -$0.79 during the normal trading session on while it closed the day at $97.17. The company report on February 14, 2024 at 11:00 AM that The TJX Companies, Inc. to Report Q4 and Full Year FY24 Results February 28, 2024.
The TJX Companies, Inc. (NYSE: TJX) today announced that it plans to release its fourth quarter and full year Fiscal 2024 sales and earnings results on Wednesday, February 28, 2024, before 9:30 a.m. ET.
At 11:00 a.m. ET that day, Ernie Herrman, TJX’s Chief Executive Officer and President, will hold a conference call to discuss the Company’s fourth quarter and full year Fiscal 2024 results, operations, and business trends. A real-time webcast of the call will be available to the public at TJX.com. A replay of the call will also be available by dialing (866) 367-5577 (toll free) or (203) 369-0233 through Tuesday, March 5, 2024, or at TJX.com.
TJX Companies, Inc. stock has also loss -0.67% of its value over the past 7 days. However, TJX stock has inclined by 6.62% in the 3 months of the year. Over the past six months meanwhile, it has gained 13.29% and gained 3.58% year-on date.
The market cap for TJX stock reached $110.74 billion, with 1.16 billion shares outstanding and 1.14 billion shares in the current float. Compared to the average trading volume of 5.11M shares, TJX reached a trading volume of 3870207 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 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 $104.78 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 1.69. 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.
Redburn Atlantic have made an estimate for TJX Companies, Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 05, 2024.
The Average True Range (ATR) for TJX Companies, Inc. is set at 1.35, with the Price to Sales ratio for TJX stock in the period of the last 12 months amounting to 2.12. The Price to Book ratio for the last quarter was 16.22, with the Price to Cash per share for the same quarter was set at 3.76. Price to Free Cash Flow for TJX in the course of the last twelve months was 23.84 with Quick ratio for the last quarter at 0.47.
TJX stock trade performance evaluation
TJX Companies, Inc. [TJX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.67. With this latest performance, TJX shares gained by 1.36% in over the last four-week period, additionally plugging by 13.29% over the last 6 months – not to mention a rise of 20.62% 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 56.50, with the RSI for the last a single of trading hit 52.88, and the three-weeks RSI is set at 57.70 for TJX Companies, Inc. [TJX]. The present Moving Average for the last 50 days of trading for this stock 93.70, while it was recorded at 98.06 for the last single week of trading, and 87.84 for the last 200 days.
TJX Companies, Inc. [TJX]: An insightful look at the core fundamentals
TJX Companies, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.47 and a Current Ratio set at 1.19.
Earnings per share (EPS) analysis for TJX Companies, Inc. [TJX] stock
With the latest financial reports released by the company, TJX Companies, Inc. posted 0.89/share EPS, while the average EPS was predicted by analysts to be reported at 0.89/share. 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 TJX Companies, Inc. go to 13.39%.
TJX Companies, Inc. [TJX]: Institutional Ownership
The top three institutional holders of TJX stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in TJX stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in TJX stock with ownership which is approximately 5.8325%.
