In the last trading session, 2.69 million shares of the TJX Companies, Inc. (NYSE:TJX) were traded, and its beta was 0.89. Most recently the company’s share price was $113.82, and it changed around -$0.38 or -0.33% from the last close, which brings the market valuation of the company to $128.37B. TJX currently trades at a discount to its 52-week high of $121.13, offering almost -6.42% off that amount. The share price’s 52-week low was $86.92, which indicates that the current value has risen by an impressive 23.63% since then. We note from TJX Companies, Inc.’s average daily trading volume that its 10-day average is 4.13 million shares, with the 3-month average coming to 4.87 million.

TJX Companies, Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.77. If we narrow it down even further, the data shows that 0 out of 27 analysts rate the stock as a Sell; another 9 rate it as Overweight. Among the rest, 4 recommended TJX as a Hold, whereas 14 deemed it a Buy, and 0 rated it as Underweight.

TJX Companies, Inc. (NYSE:TJX) trade information

Instantly TJX has showed a red trend with a performance of -0.33% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 117.62 on recent trading dayincreased the stock’s daily price by 3.23%. The company’s shares are currently up 21.33% year-to-date, but still down -3.30% over the last five days. On the other hand, TJX Companies, Inc. (NYSE:TJX) is -3.61% down in the 30-day period. We can see from the shorts that 13.66 million shares have been sold at a short interest cover period of 2.92 day(s).

The consensus price target as assigned by Wall Street analysts is $95, which translates to bulls needing to decrease their stock price by -19.81% from its current value. Analyst projections state that TJX is forecast to be at a low of $65 and a high of $136.

TJX Companies, Inc. (TJX) estimates and forecasts

TJX Companies, Inc. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 18.12 percent over the past six months and at a 10.37% annual growth rate that is well above the industry average of 6.00%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 9.70%. TJX Companies, Inc. earnings are expected to increase by 8.00% in 2024, but the outlook is positive 8.81% per year for the next five years.

TJX Dividends

TJX Companies, Inc.’s next quarterly earnings report is expected to be released in November. The annual dividend yield of the stock is 1.24 percent and its annual dividend per share was 1.42. It is important to note, however, that the 1.24% 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 1.32 per year.

TJX Companies, Inc. (NYSE:TJX)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.07% of TJX Companies, Inc. shares, and 92.41% of them are in the hands of institutional investors. The stock currently has a share float of 92.47%. TJX Companies, Inc. stock is held by 2690.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.6733% of the shares, which is about 98.23 million shares worth $10.81 billion.

BLACKROCK INC., with 8.0774% or 91.48 million shares worth $10.07 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.