The price of The TJX Companies Inc. (NYSE: TJX) closed at $75.94 in the last session, down -1.15% from day before closing price of $76.82. In other words, the price has decreased by -$0.88 from its previous closing price. On the day, 6646623 shares were traded. TJX stock price reached its highest trading level at $77.68 during the session, while it also had its lowest trading level at $75.77.
Unlock the Hottest Top 10 Penny Stocks Today! Discover Now
Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.
Gain Access to Top 10 Penny Stocks Now!.
We take a closer look at TJX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.45.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 18 when Goldenberg Scott sold 26,271 shares for $78.91 per share. The transaction valued at 2,072,924 led to the insider holds 72,580 shares of the business.
MEYROWITZ CAROL sold 16,223 shares of TJX for $1,294,470 on Nov 22. The Executive Chairman now owns 209,390 shares after completing the transaction at $79.79 per share. On Nov 22, another insider, Greenlees Louise, who serves as the SEVP – Group President of the company, sold 6,708 shares for $79.99 each. As a result, the insider received 536,577 and left with 51,627 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TJX now has a Market Capitalization of 88.46B and an Enterprise Value of 96.27B. As of this moment, The’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.41, and their Forward P/E ratio for the next fiscal year is 19.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74 while its Price-to-Book (P/B) ratio in mrq is 13.83. Its current Enterprise Value per Revenue stands at 1.91 whereas that against EBITDA is 16.27.
Stock Price History:
Over the past 52 weeks, TJX has reached a high of $83.13, while it has fallen to a 52-week low of $54.55. The 50-Day Moving Average of the stock is 77.55, while the 200-Day Moving Average is calculated to be 74.36.
According to the various share statistics, TJX traded on average about 4.73M shares per day over the past 3-months and 6.73M shares per day over the past 10 days. A total of 1.16B shares are outstanding, with a floating share count of 1.15B. Insiders hold about 0.10% of the company’s shares, while institutions hold 94.80% stake in the company. Shares short for TJX as of May 14, 2023 were 6.65M with a Short Ratio of 6.65M, compared to 6.64M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.58% and a Short% of Float of 0.58%.
Dividends & Splits
The forward annual dividend rate for TJX is 1.33, which was 1.22 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 1.59%, it implies a Forward Annual Dividend Yield of 1.73%. The stock’s 5-year Average Dividend Yield is 1.35. The current Payout Ratio is 38.30% for TJX, which recently paid a dividend on May 31, 2023 with an ex-dividend date of May 09, 2023. Stock splits for the company last occurred on Nov 06, 2018 when the company split stock in a 2:1 ratio.
The company has 18 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.75 for the current quarter, with a high estimate of $0.77 and a low estimate of $0.74, while EPS last year was $0.69. The consensus estimate for the next quarter is $0.96, with high estimates of $1.01 and low estimates of $0.89.
Analysts are recommending an EPS of between $3.66 and $3.3 for the fiscal current year, implying an average EPS of $3.56. EPS for the following year is $3.93, with 20 analysts recommending between $4.16 and $3.65.
According to 16 analysts, the current quarter’s revenue is expected to be $12.4B. It ranges from a high estimate of $12.47B to a low estimate of $12.33B. As of the current estimate, The TJX Companies Inc.’s year-ago sales were $11.84B, an estimated increase of 4.70% from the year-ago figure.
A total of 19 analysts have provided revenue estimates for TJX’s current fiscal year. The highest revenue estimate was $53.31B, while the lowest revenue estimate was $52.62B, resulting in an average revenue estimate of $53.11B. In the same quarter a year ago, actual revenue was $49.94B, up 6.40% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $55.77B in the next fiscal year. The high estimate is $56.79B and the low estimate is $54.44B. The average revenue growth estimate for next year is up 5.00% from the average revenue estimate for this year.