TJX Companies Inc. (The) (NYSE:TJX) traded today at a new 52-week high of $75.90. Approximately 1.5 million shares have changed hands today, as compared to an average 30-day volume of 5.7 million shares.
TJX Companies Inc. (The) share prices have moved between a 52-week high of $75.90 and a 52-week low of $50.06 and are now trading 52% above that low price at $75.90 per share.
TJX is a leading off-price retailer of apparel, home fashions, and other merchandise. It sells a variety of branded goods, opportunistically buying inventory from a network of over 21,000 vendors worldwide. TJX targets undercutting conventional retailers’ regular prices by 20%-60%, capitalizing on a flexible merchandising network, relatively low-frills stores, and a treasure-hunt shopping experience to drive margins and inventory turnover. TJX derived 79% of fiscal 2021 revenue from the United States, with 11% from Europe (mostly the United Kingdom and Germany), 9% from Canada, and the remainder from Australia. The company operated 4,572 stores at the end of fiscal 2021 under the T.J. Maxx, T.K. Maxx, Marshalls, HomeGoods, Winners, Homesense, Winners, and Sierra banners.
TJX Companies Inc. (The) (NYSE:TJX) defies analysts with a current price ($75.90) 97.2% above its average consensus price target of $2.15.
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