TJX Companies, Inc (NYSE:TJX) shares traded 2.26% higher at $117.86 on Wall Street last session.
TJX stock price is now -3.23% away from the 50-day moving average and 0.40% away from the 200-day moving average. The market capitalization of the company currently stands at $132.49B.
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 23,428 shares of the company’s stock on Mar 05 ’25. The stock was sold for $2,882,464 at an average price of $123.03. Upon completion of the transaction, the CEO & President now directly owns 484,189 shares in the company, valued at $57.07 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 05 ’25, Officer Herrman Ernie bought 23,428 shares of the business’s stock. A total of $2,852,125 was incurred on buying the stock at an average price of $121.74. A total of 0.13% 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 1.52, a current ratio of 1.18, and a quick ratio of 0.60. According to the stock market information, the enterprise value for the company is $141567672320, which is based on a 27.67 price-to-earnings ratio, a 3.07 price-to-earnings-growth ratio, and a beta of 0.89. The fifty day moving average price for TJX is $121.7892 and a two-hundred day moving average price translates $117.39375 for the stock.
The latest earnings results from TJX Companies, Inc (NYSE: TJX) was released for 2025-02-01. The net profit margin was 8.63% and return on equity was 61.98% for TJX. The company reported revenue of $16.35 billion for the quarter, compared to $16.41 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.37 percent.
