TJX Companies Stock Hits New 52-Week High (TJX)
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
NEW YORK (TheStreet) -- TJX Companies (TJX">TJX) hit a new 52-week high Tuesday as it is currently trading at $47.38, above its previous 52-week high of $47.37 with 2.4 million shares traded as of 1:50 p.m. ET. Average volume has been 4.6 million shares over the past 30 days.
TJX Companies has a market cap of $34.09 billion and is part of the services sector and retail industry. Shares are up 10.5% year to date as of the close of trading on Monday.
The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. The company has a P/E ratio of 18.3, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates TJX Companies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full TJX Companies Ratings Report.
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