For its first fiscal quarter (ending April 30), The TJX Companies Inc (NYSE: TJX) has reported E.P.S. of $0.93 compared to $0.77 a year ago. For the latest four quarters through April 30, E.P.S. were $4.05 compared to $3.28 a year ago.
Recent Price Action
The TJX Companies Inc (NYSE: TJX) stock closed at $101.12 on 5/22/24 after a large increase of 3.5%. Moreover, exceptionally high trading volume at 270% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 2.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TJX is expected to continue to be a major Value Builder.
TJX Companies has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. TJX Companies has a slightly negative Appreciation Score of 35 but a slightly positive Power Rating of 66, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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