TJX Companies, Inc. [TJX] moved down -0.43: Why It’s Important

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TJX Companies, Inc. [NYSE: TJX] closed the trading session at $113.81.

The stocks have a year to date performance of 21.32 percent and weekly performance of 1.43 percent. The stock has been moved at 19.49 percent over the last six months. The stock has performed 6.28 percent around the most recent 30 days and changed 20.54 percent over the most recent 3-months.

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If compared to the average trading volume of 5.95M shares, TJX reached to a volume of 5523868 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 $115.93 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 1.68. 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.

UBS have made an estimate for TJX Companies, Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 02, 2024. While these analysts kept the previous recommendation, Goldman raised their target price from $100 to $110. The new note on the price target was released on April 25, 2024, representing the official price target for TJX Companies, Inc. stock. Previously, the target price had yet another raise to $100, while Redburn Atlantic analysts kept a Neutral rating on TJX stock. On November 16, 2023, analysts increased their price target for TJX shares from 100 to 105.

The Average True Range (ATR) for TJX Companies, Inc. is set at 1.36, with the Price to Sales ratio for TJX stock in the period of the last 12 months amounting to 2.34. The Price to Book ratio for the last quarter was 17.16, with the Price to Cash per share for the same quarter was set at 4.48. Price to Free Cash Flow for TJX in the course of the last twelve months was 30.13 with Quick ratio for the last quarter at 0.61.

TJX stock trade performance evaluation

TJX Companies, Inc. [TJX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.43. With this latest performance, TJX shares gained by 6.28% in over the last four-week period, additionally plugging by 19.49% over the last 6 months – not to mention a rise of 33.99% 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 76.50, with the RSI for the last a single of trading hit 77.47, and the three-weeks RSI is set at 74.13 for TJX Companies, Inc. [TJX]. The present Moving Average for the last 50 days of trading for this stock 105.48, while it was recorded at 113.43 for the last single week of trading, and 96.50 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 0.61 and a Current Ratio set at 1.23.

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

With the latest financial reports released by the company, TJX Companies, Inc. posted 0.85/share EPS, while the average EPS was predicted by analysts to be reported at 0.77/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 10.40%. 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 10.85%.

TJX Companies, Inc. [TJX]: Institutional Ownership

The top three institutional holders of TJX stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in TJX stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in TJX stock with ownership which is approximately 5.1238%.

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