TJX Cos. Hits New 52-Week High at $54.84 (TJX)
Shares of TJX Cos. (NYSE:TJX) hit a new 52-week high on Wednesday, American Banking and Market News reports. The company traded as high as $54.84 and last traded at $54.48, with a volume of 2,158,806 shares trading hands. The stock had previously closed at $53.92.
A number of research firms have recently commented on TJX. Analysts at Goldman Sachs Group Inc. initiated coverage on shares of TJX Cos. (NYSE:TJX) in a research note to investors on Wednesday, September 4th. They set a “neutral” rating and a $59.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of TJX Cos. (NYSE:TJX) from $58.00 to $60.00 in a research note to investors on Thursday, August 22nd. They now have an “outperform” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of TJX Cos. (NYSE:TJX) in a research note to investors on Thursday, August 22nd. They now have a $57.00 price target on the stock.
Eleven equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $56.23.
In other TJX Cos. news, EVP Jerome R. Rossi unloaded 31,766 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $53.85, for a total value of $1,710,599.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
TJX Cos. has a 52 week low of $40.08 and a 52 week high of $54.66. The stock has a 50-day moving average of $52.88 and a 200-day moving average of $49.. The company has a market cap of $39.030 billion and a P/E ratio of 19.79.
TJX Cos. (NYSE:TJX) last released its earnings data on Tuesday, August 20th. The company reported $0.66 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.63 by $0.03. The company had revenue of $6.44 billion for the quarter, compared to the consensus estimate of $6.37 billion. During the same quarter last year, the company posted $0.56 earnings per share. TJX Cos.’s revenue was up 8.4% compared to the same quarter last year. Analysts expect that TJX Cos. will post $2.84 EPS for the current fiscal year.
The TJX Companies, Inc (NYSE:TJX) is the off-price apparel and home fashions retailer in the United States and worldwide.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.