More To Go Or Is It Over? – TJX Companies, Inc. (TJX)

TJX Companies, Inc. (NYSE:TJX) does about 5.35M shares in volume on a normal day but saw 3775388 shares change hands in Monday’s trading. The company now has a market cap of 111.88B USD. Its current market price is $98.75, marking a decrease of -0.06% compared to the previous close of $98.81. The 52 week high reached by this stock is $102.84 whilst the lowest price level in 52 weeks is $75.65.

TJX Companies, Inc. (TJX) has a 20-day trading average at $95.62 and the current price is -3.98% off the 52-week high compared with 30.54% distance from its 52-week low. The 50-day simple moving average of the closing price is $96.75 and its 200-day simple moving average is $92.77. If we look at the stock’s price movements over the week, volatility stands at 0.95%, which increases to 1.44% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 62.07 to suggest the stock is neutral.

The consensus objective for the share price is $113.09, suggesting that the stock has a potential upside of 12.68% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 02, 2024 when UBS upgraded the stock to “Buy” and issued a price target of between $104 and $132. Goldman also upgraded the stock to “Buy” from Neutral on April 25, 2024 at a price target of $100-$110. Redburn Atlantic downgraded its price target at $100.

TJX Companies, Inc. (TJX) stock is up 1.33% over the week and 4.59% over the past month. Its price is 5.27% year-to-date and 26.51% over the past year.

To reach the target analysts have set, the stock logically needs to grow 12.68 percent from here.

The company has a return on investment of 24.55% and return on equity of 65.48%. The price to earnings ratio (P/E ratio) amounts to 25.56 while the forward price to earnings ratio is 21.74. The beta has a value of 0.87. Price to book ratio is 15.33 and price to sales ratio is 2.06.