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In the latest session, TJX Companies, Inc. (NYSE: TJX) closed at $117.25 down -0.50% from its previous closing price of $117.84. In other words, the price has decreased by -$0.50 from its previous closing price. On the day, 3.18 million shares were traded. TJX stock price reached its highest trading level at $118.41 during the session, while it also had its lowest trading level at $117.06.
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 25.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.70. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.42.
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 this company, Telsey Advisory Group on August 22, 2024, Reiterated its Outperform rating but revised its target price to $134 from $128 previously.
On August 22, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $110 to $128.
Telsey Advisory Group reiterated its Outperform rating for the stock on August 14, 2024, while the target price for the stock was revised from $115 to $128.
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 Sep 12 ’24 when Nemerov Jackwyn sold 1,183 shares for $117.71 per share. The transaction valued at 139,252 led to the insider holds 1,192 shares of the business.
Herrman Ernie sold 15,000 shares of TJX for $1,763,139 on Sep 10 ’24. The CEO & President now owns 536,148 shares after completing the transaction at $117.54 per share. On Sep 10 ’24, another insider, Herrman Ernie, who serves as the Officer of the company, bought 15,000 shares for $117.07 each.
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 132242751488 and an Enterprise Value of 139644092416. As of this moment, TJX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.32, and their Forward P/E ratio for the next fiscal year is 25.54. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38 while its Price-to-Book (P/B) ratio in mrq is 17.00. Its current Enterprise Value per Revenue stands at 2.511 whereas that against EBITDA is 19.599.
Stock Price History:
Over the past 52 weeks, TJX has reached a high of $121.13, while it has fallen to a 52-week low of $86.71. The 50-Day Moving Average of the stock is 2.41%, while the 200-Day Moving Average is calculated to be 14.73%.
Shares Statistics:
For the past three months, TJX has traded an average of 5.14M shares per day and 4239250 over the past ten days. A total of 1.13B shares are outstanding, with a floating share count of 1.13B. Insiders hold about 0.13% of the company’s shares, while institutions hold 92.63% stake in the company. Shares short for TJX as of 1724976000 were 12190171 with a Short Ratio of 2.37, compared to 1722384000 on 11316493. Therefore, it implies a Short% of Shares Outstanding of 12190171 and a Short% of Float of 1.08.
Dividends & Splits
According to the company, the forward annual dividend rate for TJX is 1.42, from 1.415 in the trailing year. Against a Trailing Annual Dividend Yield of 0.012007807The stock’s 5-year Average Dividend Yield is 1.32.
