In today’s recent session, 1,882,989 shares of the The TJX Companies, Inc. (NYSE:TJX) have been traded, and its beta is 0.98. Most recently the company’s share price was $67.65, and it changed around $0.01 or 0% from the last close, which brings the market valuation of the company to $81.68 Billion. TJX at last check was trading at a discount to its 52-week high of $71.06, offering almost -5.04% off that amount. The share price’s 52-week low was $42.52, which indicates that the recent value has risen by an impressive 37.15% since then. We note from The TJX Companies, Inc.’s average daily trading volume that its 10-day average is 5.69 Million shares, with the 3-month average coming to 7.04 Million.
The TJX Companies, Inc. stock received a consensus recommendation rating of Overweight, based on a mean score of 1.8. If we narrow it down even further, the data shows that none out of 27 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 4 recommended TJX as a Hold, whereas 19 deemed it a Buy, and 1 rated it as Underweight.
The TJX Companies, Inc. (NYSE:TJX): Trading Information Today
Instantly TJX has been showing a green trend so far today with a performance of 0.02% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of $68.33 on Tuesday, Apr 06 increased the stock’s daily price by 1%. The company’s shares are currently down -0.01% year-to-date, but still up 0.017 over the last five days. On the other hand, The TJX Companies, Inc. (NYSE:TJX) is 0.08% up in the 30-day period. We can see from the shorts that 15.16 Million shares have been sold at a short interest cover period of 2.15 day (s).
The consensus price target as assigned by Wall Street analysts is $76.42, which translates to bears needing to increase their stock price by 12.96% from its current value. Analyst projections state that TJX is forecast to be at a low of $66 and a high of $90. In order for the stock price to hit the forecast high, the stock would need to surge +33.04% from its current level, while the stock would need to crash -2.44% from its current level to reach the projected low.
The TJX Companies, Inc. (TJX) projections and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -46.3%. The TJX Companies, Inc. earnings are expected to decrease by -97.2% in 2021, but the outlook is positive 63.31% per year for the next five years.
TJX Dividend Yield
The TJX Companies, Inc.’s next quarterly earnings report is expected to be released around May 19 – May 24, 2021. The annual dividend yield of the stock is 1.54 percent and its annual dividend per share was $1.04. It is important to note, however, that the 1.54% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 1.34% per year.
The TJX Companies, Inc. (NYSE:TJX)’s Biggest Investors
Upon looking at major shareholders, it appears that insiders hold 0.12% of The TJX Companies, Inc. shares, and 92.66% of them are in the hands of institutional investors. The stock currently has a share float of 92.77%. The TJX Companies, Inc. stock is held by 2047 institutions, with Wellington Management Group, LLP being the largest institutional investor. By Dec 30, 2020, it held 8.32% of the shares, which is about 100.37 Million shares worth $6.85 Billion.
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Vanguard Group, Inc. (The), with 7.84% or 94.58 Million shares worth $6.46 Billion as of Dec 30, 2020, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and Vanguard/Wellington Fund Inc. were the top two Mutual Funds as of Dec 30, 2020. The former held 30410995 shares worth $2.08 Billion, making up 2.52% of all outstanding shares. On the other hand, Vanguard/Wellington Fund Inc. held roughly 27.92 Million shares worth around $1.77 Billion, which represents about 2.32% of the total shares outstanding.