In Thursday’s Wall Street session, TJX Companies, Inc (NYSE:TJX) shares traded at $127.63, down -0.82% from the previous session.
TJX stock price is now 4.39% away from the 50-day moving average and 6.77% away from the 200-day moving average. The market capitalization of the company currently stands at $142.58B.
With the price target maintained at $140, Citigroup recently Upgraded its rating from Neutral to Buy for TJX Companies, Inc (NYSE: TJX). On August 22, 2024, Telsey Advisory Group reiterated its ‘Outperform’ rating on the stock by increasing its target price from $128 to quote $134, while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, Herrman Ernie, CEO & President sold 18,000 shares of the company’s stock on Mar 20 ’25. The stock was sold for $2,097,723 at an average price of $116.54. Upon completion of the transaction, the CEO & President now directly owns 466,189 shares in the company, valued at $59.5 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 20 ’25, Officer Herrman Ernie bought 18,000 shares of the business’s stock. A total of $2,121,480 was incurred on buying the stock at an average price of $117.86. A total of 0.14% of the company’s stock is owned by insiders.
During the past 12 months, TJX Companies, Inc has had a low of $93.39 and a high of $131.30. 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 $150018539520, which is based on a 29.96 price-to-earnings ratio, a 3.40 price-to-earnings-growth ratio, and a beta of 0.94. The fifty day moving average price for TJX is $122.2674 and a two-hundred day moving average price translates $119.53955 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. For the current quarter, analysts expect TJX to generate $13.01B in revenue.
