Stock To Watch: TJX Companies Inc (NYSE:TJX)


The leading market experts have placed a mean price target of $84.29 on TJX Companies Inc (NYSE:TJX) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.90 a share for the upcoming quarter and $3.48 for the current fiscal.

Technical View

The technical analysis of TJX Companies, Inc. (The) Commo plainly substantiates that the 50-day moving average of TJX Companies, Inc. (The) Commo is $79.25, and stock is trading $3.62 points away or +4.57% from its 50-day moving average of $79.25. Further it is trading $6.58 or +8.63% away its 200-day moving average of $76.29. TJX Companies Inc (NYSE:TJX) 52-week high is $83.54 and the 52-week low is $63.53.

This explains if the stock moves $-0.67, it will post a 52-week high. In event of +30.44% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of TJX Companies, Inc. (The) Commo, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, TJX Companies Inc (NYSE:TJX) ratio came in at 24.34.

The stock last ended the trading session at $82.87 and registered a market cap of $54.78B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. TJX Companies Inc (NYSE:TJX) PEG ratio is at 2.30.

1 Chart Pattern Every Investor Should Know

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