The TJX Companies Inc (NYSE: TJX) has reported E.P.S. of $1.03 for its third fiscal quarter (ending October 31) versus $0.92 for the same period a year ago — an increase of 12%. For the latest four quarters through October 31, E.P.S. were $3.55 versus $2.89 for the same period a year ago — an increase of 23%.
Recent Price Action
The TJX Companies Inc (NYSE: TJX) stock closed at $89.43 on 11/15/23 after a large decline of -3.3%. The stock has declined -1.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
TJX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
TJX Companies has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. TJX Companies has a neutral Appreciation Score of 41 but a very high Power Rating of 90, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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