TJX Companies (NYSE:TJX) shares traded -0.39% down during most recent session to reach at the closing price of $74.48. The stock exchanged hands 5.81 Million shares versus average trading capacity of 4.03 Million shares, yielding a market cap of $48.01 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $84.56 within the next 52-weeks. The mean target projections are based on 25 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have TJX Companies (NYSE:TJX) high price target of $97 and with a conservative view have low price target of $69.
Morgan Stanley “Upgrades” TJX Companies (NYSE:TJX) in a research note issued to investors on 5/17/17 to Overweight with price target of $0.
Additionally on 2/10/17 Susquehanna “Initiates Coverage On” TJX Companies (NYSE:TJX) to Positive setting price target at $92 and on 9/30/16 Guggenheim “Initiates Coverage on” the stock to Buy. Furthermore on 8/17/16 Wedbush “Maintained” the stock to Outperform at $84.
On the other hand the company has Relative Strength Index (RSI 14) of 36.62 along with Average True Range (ATR 14) of 1.38, Consequently TJX Companies (NYSE:TJX)’s weekly and monthly volatility is 2.35%, 1.55% respectively. The company’s beta value is at 0.75.
In terms of Buy, Sell or Hold recommendations, TJX Companies (NYSE:TJX) has analysts’ mean recommendation of 2.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts TJX Companies (NYSE:TJX)’s minimum EPS for the current quarter is at $0.81 and can go high up to $0.95. The consensus mean EPS for the current quarter is at $0.85 derived from a total of 26 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.84 earnings per share for the same quarter during last year.
Previously TJX Companies (NYSE:TJX) reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.03. The company posted an earnings surprise of 3.8%.
While considering growth estimates of the company, it has next quarter growth estimates of 9.9% whereas during current quarter it has 1.2% estimations over growth, comparing to the estimations of 10.2% during current year and 8.5% for next year. Past 5 years growth of TJX Companies (NYSE:TJX) observed at 9.87%, looking forward for the next 5 years it has a strong prediction of 10.76% over growth.
TJX Companies (NYSE:TJX)’s revenue estimates for the current quarter are $8.31 Billion according to 24 number of analysts, for the current quarter the company has high revenue estimates of $8.44 Billion in contradiction of low revenue estimates of $8.21 Billion. For the current year the company’s revenue estimates are $35.56 Billion compared to low analyst estimates of $35.31 Billion and high estimates of $36.35 Billion according to 26 number of analysts.
Currently TJX Companies (NYSE:TJX)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 92.5%. However the six-month change in the insider ownership was recorded -4.57%, as well as three-month change in the institutional ownership was recorded -1.78%.
TJX Companies (NYSE:TJX) 52-week high price stands at $82.72 and low price stands at $70.85, its price distance from 52-week high is -9.97% while its distance from 52-week low price is 5.13%. The stock hit its 52-week high on 08/15/16, and 52-week low on 11/09/16.
TJX Companies (NYSE:TJX)’s trailing twelve month revenues are $33.18 Billion, whereas its price to sales ratio for the same period is 1.49. Its book value per share for the most recent quarter is $6.95 while its price to book ratio for the same period is 10.72, as for as the company’s cash per share for the most recent quarter is $5.24, however its price to cash per share ratio for the same period is 14.21. The stock has 5 year expected PEG ratio of 2.08 whereas its trailing twelve month P/E ratio is 21.51.