TJX Companies (TJX) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $117.78 to $119.91
• 50-Day Range: $112.13 to $121.19
• 52-Week Range: $87.44 to $122.10
• Volume: 3.81 million shs
• Average Volume: 5.25 million shs
• Market Capitalization: $135.08 billion
• P/E Ratio: 28.93
• Dividend Yield: 1.25%
• Price Target: $129.35
• Consensus Rating: Moderate Buy

TJX Companies Stock Analysis - MarketRank™

TJX Companies scored higher than 91% of companies evaluated by MarketBeat, and ranked 53rd out of 214 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

TJX Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 14 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

TJX Companies has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.18%

Earnings Growth

Earnings for TJX Companies are expected to grow by 9.18% in the coming year, from $4.14 to $4.52 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of TJX Companies is 28.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.76.

Price to Earnings Ratio vs. Sector

The P/E ratio of TJX Companies is 28.93, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 118.67.

Price to Earnings Growth Ratio

TJX Companies has a PEG Ratio of 3.03. 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 18.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.14% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TJX Companies has recently decreased by 5.56%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

TJX Companies pays a meaningful dividend of 1.25%, 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.

Sustainability and ESG

• Score: 2.2 / 5
• Environmental Score: -1.95

Percentage of Shares Shorted

1.14% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in TJX Companies has recently decreased by 5.56%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.00

News Sentiment

TJX Companies has a news sentiment score of 1.00. 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 0.66 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 84 news articles for TJX Companies this week, compared to 16 articles on an average week.

Search Interest

53 people have searched for TJX on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.

MarketBeat Follows

28 people have added TJX Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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.

TJX Stock Analysis - Frequently Asked Questions

How have TJX shares performed this year?

TJX Companies' stock was trading at $93.81 at the start of the year. Since then, TJX shares have increased by 27.7% and is now trading at $119.7699.
View the best growth stocks for 2024 here.

How were TJX Companies' earnings last quarter?

The TJX Companies, Inc. (NYSE:TJX) released its quarterly earnings data on Wednesday, November, 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, topping the consensus estimate of $1.09 by $0.05. The firm's revenue was up 6.0% on a year-over-year basis.
Read the conference call transcript.

When did TJX Companies' stock split?

TJX Companies shares split before market open on Monday, November 5th 2018. The 2-1 split was announced on Monday, September 17th 2018. The newly minted 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.

Is TJX Companies doing a stock buyback?

TJX Companies' board approved a share repurchase program on Wednesday, February 28th 2024, which authorizes the company to repurchase $2,500,000,000 in shares, according to EventVestor. This means that the company could purchase up to 2.2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its stock is undervalued.

Does TJX Companies have any subsidiaries?

TJX Companies subsidiaries include 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?

Top institutional investors of TJX Companies include State Street Corp (4.22%), FMR LLC (3.58%), Wellington Management Group LLP (3.34%) and Geode Capital Management LLC (2.12%). 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), 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
• Dividend Payable: 9/05/2024
• Ex-Dividend for 12/5 Dividend: 11/14/2024
• Last Earnings: 11/20/2024
• Today: 11/21/2024
• Dividend Payable: 12/05/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Retail/Wholesale
• Industry: Family clothing stores
• Sub-Industry: Apparel Retail
• Current Symbol: NYSE:TJX
• CUSIP: 87254010
• CIK: 109198
• Web: www.tjx.com
• Phone: (508) 390-1000
• Fax: 508-390-2828
• Employees: 349,000
• Year Founded: 1976

Price Target and Rating

• Average Stock Price Target: $129.35
• High Stock Price Target: $148.00
• Low Stock Price Target: $100.00
• Potential Upside/Downside: +8.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.82
• Research Coverage: 17 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.14
• Trailing P/E Ratio: 28.93
• Forward P/E Ratio: 28.93
• P/E Growth: 3.03
• Net Income: $4.47 billion
• Net Margins: 8.56%
• Pretax Margin: 11.31%
• Return on Equity: 63.19%
• Return on Assets: 15.45%

Debt

• Debt-to-Equity Ratio: 0.37
• Current Ratio: 1.21
• Quick Ratio: 0.60

Sales & Book Value

• Annual Sales: $54.22 billion
• Price / Sales: 2.49
• Cash Flow: $4.82 per share
• Price / Cash Flow: 24.85
• Book Value: $6.41 per share
• Price / Book: 18.68

Miscellaneous

• Outstanding Shares: 1,127,870,000
• Free Float: 1,126,407,000
• Market Cap: $135.08 billion
• Optionable: Optionable
• Beta: 0.89