A Look Into TJX Companies Inc's Price Over Earnings
Portfolio Pulse from Benzinga Insights
TJX Companies Inc. (NYSE:TJX) shares are trading at $115.02, with a recent decrease of 0.15%. Over the past month, the stock fell by 2.63%, but increased by 30.81% over the past year. The company's P/E ratio of 27.89 is higher than the Specialty Retail industry's average of 19.88, suggesting potential overvaluation.
October 23, 2024 | 2:46 pm
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TJX Companies Inc. is trading at $115.02, with a slight decrease of 0.15%. The stock has seen a 2.63% decline over the past month but a 30.81% increase over the past year. Its P/E ratio of 27.89 is higher than the industry average, indicating potential overvaluation.
The article highlights TJX's current stock price and P/E ratio compared to the industry average. The higher P/E ratio suggests potential overvaluation, which could lead to neutral short-term price movement as investors reassess the stock's value.
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