The stock of TJX Companies, Inc (NYSE:TJX) last traded at $119.11, down -0.11% from the previous session.
TJX stock price is now -2.07% away from the 50-day moving average and 6.32% away from the 200-day moving average. The market capitalization of the company currently stands at $133.90B.
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 $60.68 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 0.12% of the company’s stock is owned by insiders.
During the past 12 months, TJX Companies, Inc has had a low of $92.35 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 28.03 price-to-earnings ratio, a 3.11 price-to-earnings-growth ratio, and a beta of 0.91. The fifty day moving average price for TJX is $121.5008 and a two-hundred day moving average price translates $111.94315 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.
