TJX Companies, Inc (NYSE: TJX) is 0.77% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TJX stock was last observed hovering at around $123.54 in the last trading session, with the day’s loss setting it -1.8%.
Currently trading at $121.74, the stock is -1.81% and -0.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.26 million and changing -1.46% at the moment leaves the stock 4.52% off its SMA200. TJX registered 22.80% gain for a year compared to 6-month gain of 3.72%.
The stock witnessed a -2.44% loss in the last 1 month and extending the period to 3 months gives it a -3.66%, and is -0.78% 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 2.33% over the week and 1.65% over the month.
TJX Companies, Inc (TJX) has around 349000 employees, a market worth around $136.85B and $56.36B in sales. Current P/E ratio is 28.58 and Fwd P/E is 24.33. Profit margin for the company is 8.63%. Distance from 52-week low is 31.82% and -4.89% from its 52-week high. The company has generated returns on investments over the last 12 months (24.90%).
with sales reaching $13B over the same period.The EPS is expected to grow by 5.72% this year, but quarterly earnings will post 4.60% year-over-year. Quarterly sales are estimated to grow 4.15% in year-over-year returns.
TJX Companies, Inc (TJX) Top Institutional Holders
The shares outstanding are 1.12B, and float is at 1.12B with Short Float at 1.21%.
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 4.1665% and valued at over $5.18 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 3.9359 of the shares totaling 44.48 million with a market value of $4.9 billion.
TJX Companies, Inc (TJX) Insider Activity
A total of 0 insider transactions have happened at TJX Companies, Inc (TJX) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by BENNETT ALAN M,the company’sDirector. SEC filings show that BENNETT ALAN M sold 8,000 shares of the company’s common stock on Feb 27 ’25 at a price of $123.53 per share for a total of $0.99 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Dec 05 ’24, Herrman Ernie (CEO & President) disposed off 7,533 shares at an average price of $126.18 for $0.95 million. The insider now directly holds 509,466 shares of TJX Companies, Inc (TJX).
TJX Companies, Inc (TJX): Who are the competitors?
The company’s main competitors (and peers) include Amazon.com Inc. (AMZN) that is trading 17.46% up over the past 12 months. Walmart Inc. (WMT) that is 56.79% higher over the same period.
