The stock of TJX Companies, Inc (NYSE: TJX) has increased by 0.27 when compared to last closing price of 112.39. Despite this, the company has experienced a -1.30% fall in its stock price over the last five trading sessions. zacks.com reported 2024-10-31 that Investors looking for stocks in the Retail – Discount Stores sector might want to consider either Target (TGT) or TJX (TJX). But which of these two stocks presents investors with the better value opportunity right now?
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 27.22x compared to its average ratio. TJX has 36-month beta value of 0.89. Analysts have mixed views on the stock, with 14 analysts rating it as a “buy,” 9 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 1.13B, and currently, short sellers hold a 1.21% ratio of that float. The average trading volume of TJX on November 05, 2024 was 4.87M shares.
TJX’s Market Performance
The stock of TJX Companies, Inc (TJX) has seen a -1.30% decrease in the past week, with a -1.74% drop in the past month, and a 3.00% gain in the past quarter. The volatility ratio for the week is 1.54%, and the volatility levels for the past 30 days are at 1.45% for TJX. The simple moving average for the past 20 days is -1.61% for TJX’s stock, with a 6.09% simple moving average for the past 200 days.
Analysts’ Opinion of TJX
Many brokerage firms have already submitted their reports for TJX stocks, with Telsey Advisory Group repeating the rating for TJX by listing it as a “Outperform.” The predicted price for TJX in the upcoming period, according to Telsey Advisory Group is $134 based on the research report published on August 22, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see TJX reach a price target of $128, previously predicting the price at $110. The rating they have provided for TJX stocks is “Neutral” according to the report published on August 22nd, 2024.
Telsey Advisory Group gave a rating of “Outperform” to TJX, setting the target price at $128 in the report published on August 14th of the current year.
TJX Trading at -3.13% 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 -6.97% of loss for the given period.
Volatility was left at 1.45%, however, over the last 30 days, the volatility rate increased by 1.54%, as shares surge +0.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.68% lower at present.
During the last 5 trading sessions, TJX fell by -1.30%, which changed the moving average for the period of 200-days by +18.00% in comparison to the 20-day moving average, which settled at $114.54. In addition, TJX Companies, Inc saw 20.13% 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 Nemerov Jackwyn, who sale 1,183 shares at the price of $117.71 back on Sep 12 ’24. After this action, Nemerov Jackwyn now owns 1,192 shares of TJX Companies, Inc, valued at $139,252 using the latest closing price.
Herrman Ernie, the CEO & President of TJX Companies, Inc, sale 15,000 shares at $117.54 during a trade that took place back on Sep 10 ’24, which means that Herrman Ernie is holding 536,148 shares at $1,763,139 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 0.09. The total capital return value is set at 0.31. Equity return is now at value 66.20, with 16.02 for asset returns.
Based on TJX Companies, Inc (TJX), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 1.41. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is -109.86.
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 2.42. The receivables turnover for the company is 87.73for trailing twelve months and the total asset turnover is 1.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.21.
Conclusion
To put it simply, TJX Companies, Inc (TJX) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
