TJX Companies, Inc (NYSE: TJX) is -1.30% lower on its value in year-to-date trading and has touched a low of $92.35 and a high of $128.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TJX stock was last observed hovering at around $119.89 in the last trading session, with the day’s loss setting it -0.65%.
Currently trading at $119.24, the stock is -2.10% and -1.86% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.65 million and changing -0.54% at the moment leaves the stock 6.52% off its SMA200. TJX registered 25.19% gain for a year compared to 6-month gain of 4.77%. The firm has a 50-day simple moving average (SMA 50) of $121.375 and a 200-day simple moving average (SMA200) of $111.85235.
The stock witnessed a -5.97% loss in the last 1 month and extending the period to 3 months gives it a 4.84%, and is -1.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.85% over the week and 1.61% over the month.
TJX Companies, Inc (TJX) has around 349000 employees, a market worth around $134.04B and $56.42B in sales. Current P/E ratio is 28.06 and Fwd P/E is 25.98. Profit margin for the company is 8.63%. Distance from 52-week low is 29.12% and -6.84% from its 52-week high. The company has generated returns on investments over the last 12 months (25.30%).
with sales reaching $16.22B over the same period.The EPS is expected to grow by 8.53% this year, but quarterly earnings will post 3.72% year-over-year. Quarterly sales are estimated to shrink -1.19% in year-over-year returns.
TJX Companies, Inc (TJX) Top Institutional Holders
2781.0 institutions hold shares in TJX Companies, Inc (TJX), with institutional investors hold 91.55% of the company’s shares. The shares outstanding are 1.12B, and float is at 1.12B with Short Float at 1.04%. Institutions hold 91.49% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 98.23 million shares valued at $10.81 billion. The investor’s holdings represent 8.6733% of the TJX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 91.48 million shares valued at $10.07 billion to account for 8.0774 of the shares outstanding. The other top investors are STATE STREET CORP which holds 47.09 million shares representing 4.1578% and valued at over $5.18 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 3.9277 of the shares totaling 44.48 million with a market value of $4.9 billion.
TJX Companies, Inc (TJX) Insider Activity
The most recent transaction is an insider sale by Herrman Ernie, the company’s CEO & President. SEC filings show that Herrman Ernie sold 7,533 shares of the company’s common stock on Dec 05 ’24 at a price of $126.18 per share for a total of $0.95 million. Following the sale, the insider now owns 0.51 million shares.
Still, SEC filings show that on Nov 27 ’24, LANE AMY B (Director) disposed off 1,000 shares at an average price of $126.92 for $0.13 million. The insider now directly holds 23,662 shares of TJX Companies, Inc (TJX).
