TJX Companies, Inc [NYSE: TJX] traded at a low on Thursday, posting a -0.09 loss after which it closed the day’ session at $119.56.
The results of the trading session contributed to over 5777601 shares changing hands. Over the past one week, the price volatility of TJX Companies, Inc stands at 1.49% while the volatility over the past one month is 1.47%.
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The market cap for TJX stock reached $134.85 billion, with 1.13 billion shares outstanding and 1.13 billion shares in the current float. Compared to the average trading volume of 4.85M shares, TJX reached a trading volume of 5777601 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $130.83 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 1.77. 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.
Telsey Advisory Group have made an estimate for TJX Companies, Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 22, 2024. While these analysts kept the previous recommendation, Citigroup raised their target price from $110 to $128. The new note on the price target was released on August 22, 2024, representing the official price target for TJX Companies, Inc stock. Previously, the target price had yet another raise from $115 to $128, while Telsey Advisory Group kept a Outperform rating on TJX stock. On May 02, 2024, analysts increased their price target for TJX shares from 104 to 132.
The Average True Range (ATR) for TJX Companies, Inc is set at 1.77, with the Price to Sales ratio for TJX stock in the period of the last 12 months amounting to 2.42. The Price to Book ratio for the last quarter was 17.33, with the Price to Cash per share for the same quarter was set at 4.65. Price to Free Cash Flow for TJX in the course of the last twelve months was 30.28 with Quick ratio for the last quarter at 0.60.
How has TJX stock performed recently?
TJX Companies, Inc [TJX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.24. With this latest performance, TJX shares gained by 3.37% in over the last four-week period, additionally plugging by 22.37% over the last 6 months – not to mention a rise of 34.58% 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 62.99, with the RSI for the last a single of trading hit 66.26, and the three-weeks RSI is set at 60.09 for TJX Companies, Inc [TJX]. The present Moving Average for the last 50 days of trading for this stock 116.42, while it was recorded at 120.05 for the last single week of trading, and 107.45 for the last 200 days.
TJX Companies, Inc [TJX]: Deeper insight into the fundamentals
TJX Companies, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 1.21.
Earnings analysis for TJX Companies, Inc [TJX]
With the latest financial reports released by the company, TJX Companies, Inc posted 1.03/share EPS, while the average EPS was predicted by analysts to be reported at 0.99/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.04. 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 9.00%.
Insider trade positions for TJX Companies, Inc [TJX]
There are presently around $91.62%, or 91.68%% of TJX stock, in the hands of institutional investors. The top three institutional holders of TJX stocks are: VANGUARD GROUP INC with ownership of 98.23 million shares, which is approximately 8.6733%. BLACKROCK INC., holding 91.48 million shares of the stock with an approximate value of $$10.07 billion in TJX stocks shares; and BLACKROCK INC., currently with $$5.18 billion in TJX stock with ownership which is approximately 4.1578%.
