The TJX Companies Inc. (NYSE:TJX) stock went on an upward path that rose over 1.10% on Monday, amounting to a one-week price increase of more than 0.53%. Over the last 12 months, TJX stock rose by 6.50%. The one-year TJX stock forecast points to a potential downside of -0.03, with the average price target set at $60.52 per share. The average equity rating for TJX stock is currently 1.90, trading closer to a bullish pattern in the stock market.
The market cap for TJX stock reached $71.00 billion, with 1.21 billion shares outstanding and 1.21 billion shares in the current float. Compared to the average trading volume of 5.88M shares, TJX reached a trading volume of 2926045 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about The TJX Companies Inc. (TJX):
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TJX shares is $60.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TJX stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for The TJX Companies Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 17, 2019. While these analysts kept the previous recommendation, Loop Capital raised their target price from $50 to $60. The new note on the price target was released on August 16, 2019, representing the official price target for The TJX Companies Inc. stock. Previously, the target price had yet another raise to $63, while Robert W. Baird analysts kept a Outperform rating on TJX stock. On February 28, 2019, analysts increased their price target for TJX shares from 56 to 62.
The Average True Range (ATR) for The TJX Companies Inc. is set at 1.05, with the Price to Sales ratio for TJX stock in the period of the last 12 months amounting to 1.77. The Price to Book ratio for the last quarter was 13.39. Price to Free Cash Flow for TJX in the course of the last twelve months was 54.68 with Quick ratio for the last quarter at 0.50.
TJX stock trade performance evaluation
The TJX Companies Inc. (TJX) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.53. With this latest performance, TJX shares gained by 6.08% in over the last four-week period, additionally plugging by 9.79% over the last 6 months – not to mention a rise of 6.50% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TJX stock in for the last two-week period is set at 54.32, with the RSI for the last a single of trading hit 53.58, and the three-weeks RSI is set at 55.57 for The TJX Companies Inc. (TJX). The present Moving Average for the last 50 days of trading for this stock 56.65, while it was recorded at 58.08 for the last single week of trading, and 53.57 for the last 200 days.
The TJX Companies Inc. (TJX): An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and The TJX Companies Inc. (TJX) shares currently have an operating margin of +10.62 and a Gross Margin at +28.43. The TJX Companies Inc.’s Net Margin is presently recorded at +7.85.
Return on Total Capital for TJX is now 54.73, given the latest momentum, and Return on Invested Capital for the company is 40.46. Return on Equity for this stock inclined to 60.01, with Return on Assets sitting at 21.56. When it comes to the capital structure of this company, The TJX Companies Inc. (TJX) has a Total Debt to Total Equity ratio set at 49.06. Additionally, TJX Total Debt to Total Capital is recorded at 32.91, with Total Debt to Total Assets ending up at 17.29. Long-Term Debt to Equity for the company is recorded at 49.06, with the Long-Term Debt to Total Capital now at 32.91.
Reflecting on the efficiency of the workforce at the company, The TJX Companies Inc. (TJX) managed to generate an average of $11,333 per employee. Receivables Turnover for the company is 115.74 with a Total Asset Turnover recorded at a value of 2.75. The TJX Companies Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 1.30.
Earnings per share (EPS) analysis for The TJX Companies Inc. (TJX) stock
With the latest financial reports released by the company, The TJX Companies Inc. posted 0.61/share EPS, while the average EPS was predicted by analysts to be reported at 0.61/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TJX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The TJX Companies Inc. go to 8.51%.
The TJX Companies Inc. (TJX): Insider Ownership positions
There are presently around $63,926 million, or 93.10% of TJX stock, in the hands of institutional investors. The top three institutional holders of TJX stocks are: VANGUARD GROUP INC with ownership of 98,880,165, which is approximately 1.747% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 91,057,292 shares of the stock with an approximate value of $5.0 billion in TJX stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $3.0 billion in TJX stock with ownership of nearly 4.631% of the company’s market capitalization.
Positions in The TJX Companies Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 662 institutional holders increased their position in The TJX Companies Inc. (NYSE:TJX) by around 60,421,790 shares. Additionally, 570 investors decreased positions by around 54,372,644 shares, while 208 investors held positions by with 987,185,896 shares. The mentioned changes placed institutional holdings at 1,101,980,330 shares, according to the latest SEC report filing. TJX stock had 112 new institutional investments in for a total of 7,778,170 shares, while 75 institutional investors sold positions of 4,821,940 shares during the same period.