For its second fiscal quarter (ending July 31), The TJX Companies Inc (NYSE: TJX) has reported E.P.S. of $0.96 compared to $0.86 a year ago. For the latest four quarters through July 31, E.P.S. were $4.15 compared to $3.45 a year ago.
Recent Price Action
The TJX Companies Inc (NYSE: TJX) stock closed at $120.23 on 8/21/24 after a very large increase of 6.1%. Moreover, trading volume in this advance was exceptionally high at 217% of normal. The stock has risen 8.3% during the last week and has been strong relative to the market over the last nine months.
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 (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. TJX Companies has a poor Appreciation Score of 30 but a good Power Rating of 84, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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