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NYSE:TJX

TJX Companies (TJX) Stock Price, News & Analysis

TJX Companies logo
$112.39
-0.64 (-0.57%)
(As of 11/1/2024 ET)

About TJX Companies Stock (NYSE:TJX)

Key Stats

Today's Range
$112.38
$113.88
50-Day Range
$112.13
$120.13
52-Week Range
$87.26
$121.13
Volume
5.07 million shs
Average Volume
4.28 million shs
Market Capitalization
$126.76 billion
P/E Ratio
27.15
Dividend Yield
1.33%
Price Target
$126.76
Consensus Rating
Moderate Buy

Company Overview

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 Companies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
96th Percentile Overall Score

TJX MarketRank™: 

TJX Companies scored higher than 96% of companies evaluated by MarketBeat, and ranked 10th out of 216 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    TJX Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 13 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    TJX Companies has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about TJX Companies' stock forecast and price target.
  • Earnings Growth

    Earnings for TJX Companies are expected to grow by 8.92% in the coming year, from $4.15 to $4.52 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of TJX Companies is 27.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.20.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TJX Companies is 27.15, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 120.70.

  • Price to Earnings Growth Ratio

    TJX Companies has a PEG Ratio of 2.86. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    TJX Companies has a P/B Ratio of 17.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about TJX Companies' valuation and earnings.
  • Percentage of Shares Shorted

    1.21% of the float of TJX Companies has been sold short.
  • Short Interest Ratio / Days to Cover

    TJX Companies has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TJX Companies has recently increased by 23.51%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    TJX Companies pays a meaningful dividend of 1.33%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    TJX Companies does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of TJX Companies is 36.23%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, TJX Companies will have a dividend payout ratio of 33.19% next year. This indicates that TJX Companies will be able to sustain or increase its dividend.

  • Read more about TJX Companies' dividend.
  • Percentage of Shares Shorted

    1.21% of the float of TJX Companies has been sold short.
  • Short Interest Ratio / Days to Cover

    TJX Companies has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in TJX Companies has recently increased by 23.51%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    TJX Companies has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for TJX Companies this week, compared to 15 articles on an average week.
  • Search Interest

    52 people have searched for TJX on MarketBeat in the last 30 days. This is an increase of 24% compared to the previous 30 days.
  • MarketBeat Follows

    Only 13 people have added TJX Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, TJX Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,763,100.00 in company stock.

  • Percentage Held by Insiders

    Only 0.13% of the stock of TJX Companies is held by insiders.

  • Percentage Held by Institutions

    91.09% of the stock of TJX Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about TJX Companies' insider trading history.
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TJX Stock News Headlines

June 29, 2020, Brazil. In this photo illustration the Ross Stores logo seen displayed on a smartphone - Stock Editorial Photography
Ross Stores Positioned to Shine in the Holiday Shopping Season (TJX)
In Q2 of 2024, Ross's revenue increased to $10.1 billion year-to-date (YTD), up from $9.4 billion in the first half of 2023, with comparable sales up 3% YoY.
Micron logo is displayed on smartphone-Dhaka, Bangladesh- 29 September 2024. — Stock Editorial Photography
Top 3 Growth Stocks Poised for a Strong Q4 2024 Rally (TJX)
Best Buy expects strong AI-driven holiday sales, Micron benefits from chip demand, and TJX thrives in off-price shopping, making them growth stocks to watch.
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TJX Stock Analysis - Frequently Asked Questions

TJX Companies' stock was trading at $93.81 on January 1st, 2024. Since then, TJX stock has increased by 19.8% and is now trading at $112.39.
View the best growth stocks for 2024 here
.

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

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

TJX Companies' Board of Directors initiated a stock buyback program on Wednesday, February 28th 2024, which allows the company to buy back $2,500,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 2.2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its shares are undervalued.

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

Top institutional investors of TJX Companies include Alecta Tjanstepension Omsesidigt (1.04%), Fiera Capital Corp (0.70%), PineStone Asset Management Inc. (0.30%) and Raymond James & Associates (0.24%). 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that TJX Companies investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Home Depot (HD), Visa (V), JPMorgan Chase & Co. (JPM) and Walmart (WMT).

Company Calendar

Ex-Dividend for 9/5 Dividend
8/15/2024
Last Earnings
8/21/2024
Dividend Payable
9/05/2024
Today
11/02/2024
Ex-Dividend for 12/5 Dividend
11/14/2024
Next Earnings (Estimated)
11/20/2024
Dividend Payable
12/05/2024
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
+12.8%
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
$54.22 billion
Cash Flow
$4.78 per share
Book Value
$6.41 per share

Miscellaneous

Outstanding Shares
1,127,870,000
Free Float
1,126,407,000
Market Cap
$126.76 billion
Optionable
Optionable
Beta
0.89

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This page (NYSE:TJX) was last updated on 11/2/2024 by MarketBeat.com Staff
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