The TJX Companies Inc. (NYSE:TJX) went up by 1.52% from its latest closing price compared to the recent 1-year high of $71.87. The company’s stock price has collected 4.04% of gains in the last five trading sessions. Barron’s reported on 04/03/21 that 2 Companies That Raised Their Dividends This Week
Is It Worth Investing in The TJX Companies Inc. (NYSE :TJX) Right Now?
The TJX Companies Inc. (NYSE:TJX) scored a price-to-earnings ratio above its average ratio, recording 1386.15 x from its present earnings ratio. Plus, the 36-month beta value for TJX is at 0.98. Opinions of the stock are interesting as 19 analysts out of 27 who provided ratings for The TJX Companies Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $77.00, which is $4.88 above the current price. TJX currently public float of 1.20B and currently shorts hold a 0.85% ratio of that float. Today, the average trading volume of TJX was 6.51M shares.
TJX’s Market Performance
TJX stocks went up by 4.04% for the week, with a monthly jump of 9.25% and a quarterly performance of 12.50%, while its annual performance rate touched 49.39%. The volatility ratio for the week stands at 1.70% while the volatility levels for the past 30 days are set at 1.80% for The TJX Companies Inc.. The simple moving average for the period of the last 20 days is 4.18% for TJX stocks with a simple moving average of 16.61% for the last 200 days.
Analysts’ Opinion of TJX
Many brokerage firms have already submitted their reports for TJX stocks, with RBC Capital Mkts repeating the rating for TJX by listing it as a “Outperform.” The predicted price for TJX in the upcoming period, according to RBC Capital Mkts is $78 based on the research report published on April 23rd of the current year 2021.
Gordon Haskett, on the other hand, stated in their research note that they expect to see TJX reach a price target of $68. The rating they have provided for TJX stocks is “Hold” according to the report published on February 25th, 2021.
Citigroup gave a rating of “Neutral” to TJX, setting the target price at $69 in the report published on December 11th of the previous year.
TJX Trading at 6.86% from the 50-Day Moving Average
After a stumble in the market that brought TJX to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.29% of gains for the given period.
Volatility was left at 1.80%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares surge +6.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.49% upper at present.
During the last 5 trading sessions, TJX rose by +4.04%, which changed the moving average for the period of 200-days by +34.70% in comparison to the 20-day moving average, which settled at $69.40. In addition, The TJX Companies Inc. saw 5.55% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at TJX starting from Sherr Richard, who sale 40,253 shares at the price of $68.84 back on Apr 13. After this action, Sherr Richard now owns 97,491 shares of The TJX Companies Inc., valued at $2,771,017 using the latest closing price.
LANE AMY B, the Director of The TJX Companies Inc., sale 1,500 shares at $66.78 during a trade that took place back on Mar 09, which means that LANE AMY B is holding 28,311 shares at $100,164 based on the most recent closing price.
Stock Fundamentals for TJX
Current profitability levels for the company are sitting at:
- +1.64 for the present operating margin
- +23.68 for the gross margin
The net margin for The TJX Companies Inc. stands at +0.28. The total capital return value is set at 2.73, while invested capital returns managed to touch 0.52. Equity return is now at value 1.70, with 0.30 for asset returns.
Based on The TJX Companies Inc. (TJX), the company’s capital structure generated 265.80 points at debt to equity in total, while total debt to capital is 72.66. Total debt to assets is 50.31, with long-term debt to equity ratio resting at 224.19. Finally, the long-term debt to capital ratio is 61.29.
When we switch over and look at the enterprise to sales, we see a ratio of 2.58, with the company’s debt to enterprise value settled at 0.19. The receivables turnover for the company is 72.74 and the total asset turnover is 1.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.46.