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NYSE:TJX

TJX Companies (TJX) Stock Price, News & Analysis

$117.25
-0.59 (-0.50%)
(As of 09/18/2024 ET)

About TJX Companies Stock (NYSE:TJX)

Key Stats

Today's Range
$117.06
$118.42
50-Day Range
$107.96
$120.23
52-Week Range
$86.71
$121.13
Volume
3.17 million shs
Average Volume
5.37 million shs
Market Capitalization
$132.24 billion
P/E Ratio
29.09
Dividend Yield
1.28%
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

Overall MarketRank™: 93rd Percentile

TJX Companies scored higher than 93% of companies evaluated by MarketBeat, and ranked 31st out of 204 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 29.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.45.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of TJX Companies is 29.09, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.25.

  • Price to Earnings Growth Ratio

    TJX Companies has a PEG Ratio of 3.02. 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 16.99. 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

    1.08% 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 2.3, 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 0.57%, indicating that investor sentiment is improving.
  • 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 37.22%. 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

    1.08% 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 2.3, 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 0.57%, indicating that investor sentiment is improving.
  • News Sentiment

    TJX Companies has a news sentiment score of 1.01. 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 0.60 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 20 news articles for TJX Companies this week, compared to 15 articles on an average week.
  • Search Interest

    76 people have searched for TJX on MarketBeat in the last 30 days. This is an increase of 4% compared to the previous 30 days.
  • MarketBeat Follows

    17 people have added TJX Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 70% 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.

TJX Stock News Headlines

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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
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.
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.
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
See More Headlines

TJX Stock Analysis - Frequently Asked Questions

TJX Companies' stock was trading at $93.81 at the beginning of the year. Since then, TJX shares have increased by 25.0% and is now trading at $117.25.
View the best growth stocks for 2024 here
.

The TJX Companies, Inc. (NYSE:TJX) issued its quarterly earnings results on Wednesday, August, 21st. The apparel and home fashions retailer reported $0.96 earnings per share for the quarter, beating analysts' consensus estimates of $0.92 by $0.04. The business's revenue was up 5.6% compared to the same quarter last year.
Read the conference call transcript
.

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 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.

TJX Companies' board approved a stock buyback plan on Wednesday, February 28th 2024, which allows the company to buy back $2,500,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 2.2% of its shares through open market purchases. Shares buyback plans 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.

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
.

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), Walt Disney (DIS), Johnson & Johnson (JNJ), AbbVie (ABBV), Starbucks (SBUX), Home Depot (HD) and Visa (V).

Company Calendar

Ex-Dividend for 9/5 Dividend
8/15/2024
Last Earnings
8/21/2024
Dividend Payable
9/05/2024
Today
9/18/2024
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
+8.1%
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
$4.71 per share
Book Value
$6.90 per share

Miscellaneous

Outstanding Shares
1,127,870,000
Free Float
1,128,680,000
Market Cap
$132.24 billion
Optionable
Optionable
Beta
0.89

Social Links

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

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 Companies
Bull Case

green Wall Street bull icon

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.

TJX Companies
Bear Case

red Wall Street bear icon

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.

This page (NYSE:TJX) was last updated on 9/19/2024 by MarketBeat.com Staff
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