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TJX Companies (TJX) Stock Price, News & Analysis

$115.62
-2.39 (-2.03%)
(As of 09/6/2024 ET)
Today's Range
$115.41
$118.14
50-Day Range
$107.96
$120.23
52-Week Range
$86.71
$121.13
Volume
4.83 million shs
Average Volume
5.43 million shs
Market Capitalization
$130.67 billion
P/E Ratio
28.69
Dividend Yield
1.30%
Price Target
$126.76

TJX Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.81 Rating Score
Upside/​Downside
9.6% Upside
$126.76 Price Target
Short Interest
Healthy
1.08% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.95
Upright™ Environmental Score
News Sentiment
1.02mentions of TJX Companies in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.92%
From $4.15 to $4.52 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.07 out of 5 stars

Retail/Wholesale Sector

65th out of 194 stocks

Family Clothing Stores Industry

5th out of 10 stocks

TJX stock logo

About TJX Companies Stock (NYSE:TJX)

The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise. It offers its products through stores and e-commerce sites. The TJX Companies, Inc. was incorporated in 1962 and is headquartered in Framingham, Massachusetts.

TJX Stock Price History

TJX Stock News Headlines

Nordstrom store sign in mall
Nordstrom’s Winning Formula: 3 Factors Behind the Stock’s Success (TJX)
It’s a tale of 2 retail department stores on the opposite ends of the financial spectrum. Nordstrom Inc. (NYSE: JWN) stock is trading up 21% year-to-date
Ollie's Bargain Outlet logo storefront
Ollie’s Stock Goes On Sale: It’s Time To Back Up The Truck (TJX)
Ollie's Bargain Outlet had a mixed quarter with weakness on the bottom line; the takeaway is that robust cash flow drives growth and capital returns.
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Closeup View of Burlington Store Exterior
Why These 2 Off-Price Retail Stocks Are Gaining Momentum in 2024 (TJX)
Off-price stocks are showing investors why it could be worth it to take a second look at them in today's inflationary economy, analysts agree
Cartons with KOHLS logo in shopping trolley near laptop. Editorial online store order related 3D rendering
3 High Short-Interest Stocks Poised for a Rate Cut Squeeze (TJX)
Three high short-interest stocks show investors how new Wall Street valuations and EPS forecasts could trigger a short squeeze for new upside.
Woman in clothes store looking at shirts on hangers — Photo
Ross Stores Investors Win Big as Off-Price Retailers Outperform (TJX)
Off-price retailers shine and Ross Stores shines brightest with industry-leading growth, robust cash flow, and capital returns.
Person holding smartphone with logo of US department store company The TJX Companies Inc. on screen in front of website
The Rally in TJX Companies Stock is Far From Over
Off-price retail leader TJX Companies had another strong quarter supported 100% by transaction volume, a strength seen in all segments.
TJ Maxx store in Florida - FORT LAUDERDALE, FLORIDA - FEBRUARY 20, 2022
3 Must-Buy Stocks Boosting Value with Buybacks—Act Now (TJX)
A company that buys back its shares gives investors confidence that the stock is a good buy; here are three companies that fit that are doing both
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Financial markets news icon
MarketBeat Week in Review – 8/12 - 8/16 (TJX)
The melt-up continued this week after benign inflation readings and a surprise jump in retail sales calmed recession fears and elevated hopes for a rate cut
StockNews.com Lowers TJX Companies (NYSE:TJX) to Hold
TJX Companies Unusual Options Activity For September 04
TJX Companies (NYSE:TJX) Downgraded by StockNews.com
See More Headlines
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Company Calendar

Ex-Dividend for 9/5 Dividend
8/15/2024
Last Earnings
8/21/2024
Dividend Payable
9/05/2024
Today
9/07/2024
Next Earnings (Estimated)
11/20/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Family clothing stores
Sub-Industry
Apparel Retail
CUSIP
87254010
Employees
349,000
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$126.76
High Stock Price Target
$148.00
Low Stock Price Target
$100.00
Potential Upside/Downside
+9.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
16 Analysts

Profitability

Net Income
$4.47 billion
Pretax Margin
11.31%

Debt

Sales & Book Value

Annual Sales
$55.62 billion
Cash Flow
$4.73 per share
Book Value
$6.90 per share

Miscellaneous

Outstanding Shares
1,130,149,000
Free Float
1,128,680,000
Market Cap
$130.67 billion
Optionable
Optionable
Beta
0.89

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Should I Buy TJX Companies Stock? TJX Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in The TJX Companies, Inc.:

  • The TJX Companies, Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • Insider selling activity may not always be a negative sign; it could be due to personal financial reasons or diversification of their portfolio.
  • Positive analyst ratings and target price upgrades suggest a favorable outlook for the company's stock performance.
  • The company's stock price has been steadily increasing, reaching new highs, which could indicate positive market sentiment and investor confidence.
  • The TJX Companies, Inc. has a solid return on equity, reflecting efficient use of shareholder funds to generate profits.

Cons

Investors should be bearish about investing in The TJX Companies, Inc. for these reasons:

  • High insider selling activity could raise concerns about the company's future performance or potential challenges ahead.
  • While positive analyst ratings are encouraging, sudden downgrades or changes in sentiment could impact the stock price negatively.
  • The stock's price-to-earnings ratio and price-to-earnings-growth ratio are relatively high, indicating that the stock may be overvalued compared to its growth prospects.
  • Market volatility and economic uncertainties could affect the company's retail business, impacting sales and profitability.
  • Debt-to-equity ratio is a bit high, which may pose risks in case of economic downturns or unfavorable market conditions.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 25, 2024. Please send any questions or comments about these TJX Companies pros and cons to contact@marketbeat.com.

TJX Stock Analysis - Frequently Asked Questions

How have TJX shares performed this year?

TJX Companies' stock was trading at $93.81 at the beginning of 2024. Since then, TJX stock has increased by 23.2% and is now trading at $115.62.
View the best growth stocks for 2024 here
.

How were TJX Companies' earnings last quarter?

The TJX Companies, Inc. (NYSE:TJX) released its earnings results on Wednesday, August, 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.04. The company's quarterly revenue was up 5.6% on a year-over-year basis.
Read the conference call transcript
.

When did TJX Companies' stock split?

Shares of TJX Companies split on Monday, November 5th 2018. The 2-1 split was announced on Monday, September 17th 2018. The newly created shares were distributed to shareholders after the closing bell on Tuesday, November 6th 2018. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Is TJX Companies doing a stock buyback?

TJX Companies' Board of Directors authorized a stock buyback plan on Wednesday, February 28th 2024, which allows the company to repurchase $2,500,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 2.2% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

What is Ernie Herrman's approval rating as TJX Companies' CEO?

238 employees have rated TJX Companies Chief Executive Officer Ernie Herrman on Glassdoor.com. Ernie Herrman has an approval rating of 92% among the company's employees. This puts Ernie Herrman in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does TJX Companies have any subsidiaries?

The following companies are subsidiaries of TJX Companies: Trade Secret, Sierra Trading Post, Bob's Stores, Marshalls, AJW South Bend Realty Corp., Arizona Merchants Inc., Concord Buying Group, and more.

Who are TJX Companies' major shareholders?

TJX Companies' top institutional shareholders include Bank of New York Mellon Corp (1.85%), Primecap Management Co. CA (1.10%), Ameriprise Financial Inc. (1.08%) and Fiera Capital Corp (0.74%). Insiders that own company stock include Ernie Herrman, Carol Meyrowitz, Kenneth Canestrari, Richard Sherr, Scott Goldenberg, Louise Greenlees and Amy B Lane.
View institutional ownership trends
.

How do I buy shares of TJX Companies?

Shares of TJX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of TJX Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TJX Companies investors own include NVIDIA (NVDA), Walt Disney (DIS), Johnson & Johnson (JNJ), AbbVie (ABBV), Starbucks (SBUX), Home Depot (HD) and Visa (V).

This page (NYSE:TJX) was last updated on 9/7/2024 by MarketBeat.com Staff

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