In the past week, TJX stock has gone up by 2.04%, with a monthly decline of -1.21% and a quarterly surge of 7.44%. The volatility ratio for the week is 1.44%, and the volatility levels for the last 30 days are 1.44% for TJX Companies, Inc. The simple moving average for the past 20 days is 0.08% for TJX’s stock, with a 8.53% simple moving average for the past 200 days.
Is It Worth Investing in TJX Companies, Inc. (NYSE: TJX) Right Now?
TJX Companies, Inc. (NYSE: TJX) has a higher price-to-earnings ratio of 25.42x compared to its average ratio, The 36-month beta value for TJX is at 0.86. Analysts have varying views on the stock, with 14 analysts rating it as a “buy,” 9 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for TJX is 1.14B, and currently, shorts hold a 1.19% of that float. The average trading volume for TJX on March 26, 2024 was 4.95M shares.
TJX) stock’s latest price update
The stock price of TJX Companies, Inc. (NYSE: TJX) has plunged by -1.31 when compared to previous closing price of 99.48, but the company has seen a 2.04% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-03-25 that Among publicly traded securities, so-called socially responsible stocks may be one of the most controversial categories. Basically, an underlying assumption exists that if you support sustainable policies, you sacrifice profitability.
Analysts’ Opinion of TJX
Many brokerage firms have already submitted their reports for TJX stocks, with Redburn Atlantic repeating the rating for TJX by listing it as a “Neutral.” The predicted price for TJX in the upcoming period, according to Redburn Atlantic is $100 based on the research report published on February 05, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see TJX reach a price target of $105, previously predicting the price at $100. The rating they have provided for TJX stocks is “Outperform” according to the report published on November 16th, 2023.
Evercore ISI gave a rating of “Outperform” to TJX, setting the target price at $105 in the report published on November 07th of the previous year.
TJX Trading at 0.92% 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 unable to rebound, for now settling with -4.53% of loss for the given period.
Volatility was left at 1.44%, however, over the last 30 days, the volatility rate increased by 1.44%, as shares sank -1.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.08% upper at present.
During the last 5 trading sessions, TJX rose by +2.04%, which changed the moving average for the period of 200-days by +25.69% in comparison to the 20-day moving average, which settled at $98.05. In addition, TJX Companies, Inc. saw 4.66% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TJX starting from Herrman Ernie, who sale 20,000 shares at the price of $98.98 back on Mar 21 ’24. After this action, Herrman Ernie now owns 515,801 shares of TJX Companies, Inc., valued at $1,979,676 using the latest closing price.
Herrman Ernie, the CEO & President of TJX Companies, Inc., sale 20,304 shares at $97.57 during a trade that took place back on Mar 13 ’24, which means that Herrman Ernie is holding 535,801 shares at $1,981,145 based on the most recent closing price.
Stock Fundamentals for TJX
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.3 for the gross margin
The net margin for TJX Companies, Inc. stands at 0.08. The total capital return value is set at 0.3. Equity return is now at value 65.48, with 15.40 for asset returns.
Based on TJX Companies, Inc. (TJX), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 1.35. The debt to equity ratio resting at 0.61. The interest coverage ratio of the stock is -49.97.
Currently, EBITDA for the company is 6.76 billion with net debt to EBITDA at 1.03. When we switch over and look at the enterprise to sales, we see a ratio of 2.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.
Conclusion
In conclusion, TJX Companies, Inc. (TJX) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
