TJX Companies, Inc. (NYSE:TJX) shares, rose in value on Thursday, April 25, with the stock price down by -0.22% to the previous day’s close as strong demand from buyers drove the stock to $95.07.
Actively observing the price movement in the recent trading, the stock is buoying the session at $95.28. The PE ratio was 24.61 over 12-month period. Referring to stock’s 52-week performance, its high was $102.84, and the low was $75.65. On the whole, TJX has fluctuated by -4.26% over the past month.
The company’s Forward Dividend Ratio is 1.33, with its dividend yield at 1.40%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 56.23B, with a low estimate of 12.35B and a high estimate of 12.57B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 12.46B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TJX’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.11, with the price of TJX currently trading nearly -1.01% and -2.30% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 46.51, while the 7-day volatility ratio is showing 1.36% which for the 30-day chart, stands at 1.50%. Furthermore, TJX Companies, Inc. (TJX)’s beta value is 0.87, and its average true range (ATR) is 1.56.
A comparison of TJX Companies, Inc. (TJX) with its peers suggests the former has fared considerably weaker in the market. TJX showed an intraday change of -0.22% in today’s session so far, and over the past year, it grew by 23.72%%.
Data on historical trading for TJX Companies, Inc. (NYSE:TJX) indicates that the trading volumes over the past 3 months, they’ve averaged 5.21 million. According to company’s latest data on outstanding shares, there are 1.13 billion shares outstanding.
Nearly 0.15% of TJX Companies, Inc.’s shares belong to company insiders and institutional investors own 94.44% of the company’s shares. The stock has risen by 1.34% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TJX stock heading into the next quarter.
