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In the latest session, TJX Companies, Inc. (NYSE: TJX) closed at $98.81 down -0.10% from its previous closing price of $98.91. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 2.91 million shares were traded. TJX stock price reached its highest trading level at $99.58 during the session, while it also had its lowest trading level at $98.56.
Ratios:
For a deeper understanding of TJX Companies, Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.82. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.50.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on May 02, 2024, Upgraded its rating to Buy and sets its target price to $132 from $104 previously.
On April 25, 2024, Goldman Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $100 to $110.
Redburn Atlantic Downgraded its Buy to Neutral on February 05, 2024, while the target price for the stock was maintained at $100.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 21 ’24 when Herrman Ernie sold 20,000 shares for $98.98 per share. The transaction valued at 1,979,676 led to the insider holds 515,801 shares of the business.
Herrman Ernie sold 20,304 shares of TJX for $1,981,145 on Mar 13 ’24. The CEO & President now owns 535,801 shares after completing the transaction at $97.57 per share. On Mar 04 ’24, another insider, Herrman Ernie, who serves as the CEO & President of the company, sold 20,000 shares for $98.40 each. As a result, the insider received 1,967,916 and left with 556,105 shares of the company.
Valuation Measures:
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 111902318592 and an Enterprise Value of 118891151360. As of this moment, TJX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.58, and their Forward P/E ratio for the next fiscal year is 21.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.06 while its Price-to-Book (P/B) ratio in mrq is 15.34. Its current Enterprise Value per Revenue stands at 2.193 whereas that against EBITDA is 17.585.
Stock Price History:
The Beta on a monthly basis for TJX is 0.87, which has changed by 0.2468139 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. Over the past 52 weeks, TJX has reached a high of $102.84, while it has fallen to a 52-week low of $75.65. The 50-Day Moving Average of the stock is 2.12%, while the 200-Day Moving Average is calculated to be 6.65%.
Shares Statistics:
For the past three months, TJX has traded an average of 5.39M shares per day and 5302010 over the past ten days. A total of 1.13B shares are outstanding, with a floating share count of 1.13B. Insiders hold about 0.15% of the company’s shares, while institutions hold 94.69% stake in the company. Shares short for TJX as of 1714435200 were 9344934 with a Short Ratio of 1.73, compared to 1711584000 on 12369323. Therefore, it implies a Short% of Shares Outstanding of 9344934 and a Short% of Float of 0.83.
Dividends & Splits
According to the company, the forward annual dividend rate for TJX is 1.33, from 1.33 in the trailing year. Against a Trailing Annual Dividend Yield of 0.013446568The stock’s 5-year Average Dividend Yield is 1.34. The current Payout Ratio is 34.45% for TJX, which recently paid a dividend on 2024-02-14 with an ex-dividend date of 1715731200. Stock splits for the company last occurred on 2018-11-07 when the company split stock in a 2:1 ratio.
