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NYSE:TJX

TJX Companies (TJX) Stock Price, News & Analysis

$101.42
+0.34 (+0.34%)
(As of 04:10 PM ET)
Today's Range
$100.89
$102.04
50-Day Range
$94.75
$101.09
52-Week Range
$75.65
$102.84
Volume
4.78 million shs
Average Volume
5.06 million shs
Market Capitalization
$114.97 billion
P/E Ratio
26.27
Dividend Yield
1.31%
Price Target
$102.19

TJX Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
0.8% Upside
$102.19 Price Target
Short Interest
Healthy
1.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.95
Upright™ Environmental Score
News Sentiment
0.78mentions of TJX Companies in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$2.25 M Sold Last Quarter
Proj. Earnings Growth
9.61%
From $4.06 to $4.45 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.

4.21 out of 5 stars

Retail/Wholesale Sector

51st out of 204 stocks

Family Clothing Stores Industry

2nd out of 11 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. The TJX Companies, Inc. was incorporated in 1962 and is headquartered in Framingham, Massachusetts.

TJX Stock Price History

TJX Stock News Headlines

Is Ollies Bargain Outlet a Smart Buy-On Post-Release Weakness?
Strength in Ollie's Bargain Outlet NASDAQ: OLLI results, including market-leading growth and broader margins, suggests this stock is a buy on post-release weakness. Nothing in the report was bad, but strength was expected, so a sell-the-news event caused a marginal reduction in the price.
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Is Ollies Bargain Outlet a Smart Buy-On Post-Release Weakness? (TJX)
Ollie's Bargain Outlet had a solid quarter and raised guidance for the new year, including the long-term targets for store count growth.
Watch for Tech Giants to Boost Share Buybacks in 2024
Watch for robust earnings growth at big techs such as Meta Platforms Inc. NASDAQ: META, Nvidia Corp. NASDAQ: NVDA, Microsoft Corp. NASDAQ: MSFT and Apple Inc. NASDAQ: AAPL to increase the rate of share buybacks this year, says a recent report from Goldman Sachs.
Watch for Tech Giants to Boost Share Buybacks in 2024 (TJX)
Goldman Sachs foresees substantial growth in stock buybacks from leading tech companies like Meta Platforms and Apple, possibly surpassing $1 trillion by 2025.
Williams-Sonoma Surged 20% and Could Double in Price (TJX)
Williams-Sonoma increased its dividend by 25% and raised the share repurchases by $1 billion, sparking new highs for the stock. How high can it get?
Has the Stock Market Priced in a Rate Cut?
The stock market has absolutely, 100% priced in a rate cut. The market has been expecting a rate cut for more than a year and is, in fact, pricing in a soft landing and sustained economic growth.
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Has the Stock Market Priced in a Rate Cut? (TJX)
The S&P 500 advances after hot inflation data as traders and investors misprice the timing of the Fed's first interest rate cut in years.
Kohl’s Corporation: This Offprice Retailer Is Ready To Rally (TJX)
Kohl's is set up to rally strongly following the Q4 release. Analysts underestimate the off-price retailer and institutions are loading up.
TJX Companies Stock: Take Profits or Buy the Dip?
TJX Companies NYSE: TJX rallied strongly over the last few months but peaked following the Q4 release. The post-earnings action forms an ominous candle pattern that could lead to a significant correction.
TJX Companies, Inc.
TJX Quantitative Stock Analysis
TJX Jan 2025 42.500 call
TJX Mar 2024 106.000 call
TJX Jun 2024 60.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 3/7 Dividend
2/14/2024
Last Earnings
2/28/2024
Dividend Payable
3/07/2024
Today
3/28/2024
Next Earnings (Estimated)
5/15/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Family clothing stores
Sub-Industry
Apparel Retail
CUSIP
87254010
Employees
329,000
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$102.19
High Stock Price Target
$110.00
Low Stock Price Target
$86.00
Potential Upside/Downside
+1.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
15 Analysts

Profitability

Net Income
$4.47 billion
Pretax Margin
11.01%

Debt

Sales & Book Value

Annual Sales
$54.22 billion
Cash Flow
$4.75 per share
Book Value
$6.44 per share

Miscellaneous

Outstanding Shares
1,133,590,000
Free Float
1,132,113,000
Market Cap
$114.58 billion
Optionable
Optionable
Beta
0.86

Social Links

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of TJX Companies was last updated on Monday, March 25, 2024 at 11:23 PM.

Pros

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

  • The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer, which could attract budget-conscious consumers looking for quality products at discounted prices.
  • The company has a diversified geographic presence across the United States, Canada, Europe, and Australia, providing exposure to different markets and potentially reducing risks associated with regional economic fluctuations.
  • TJX's multiple segments, such as Marmaxx, HomeGoods, TJX Canada, and TJX International, offer a wide range of product categories, appealing to a broad customer base and potentially driving higher sales.
  • With a focus on off-price retailing, TJX may be well-positioned to capitalize on consumer trends favoring value and affordability, especially during economic downturns.
  • Investors may find the current stock price of TJX attractive, potentially offering a good entry point for those seeking value opportunities in the retail sector.

Cons

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

  • As an off-price retailer, TJX may face challenges related to maintaining profit margins, especially during periods of intense competition or economic uncertainty.
  • The retail industry is subject to changing consumer preferences and trends, which could impact TJX's ability to forecast demand accurately and manage inventory effectively.
  • Global economic conditions, such as trade disputes or currency fluctuations, may affect TJX's international operations and overall financial performance.
  • Investing in retail stocks involves risks associated with consumer spending patterns, which can be influenced by factors like employment levels, disposable income, and overall economic health.
  • Market volatility and shifts in investor sentiment towards the retail sector could impact TJX's stock price, leading to potential short-term fluctuations in value.

TJX Stock Analysis - Frequently Asked Questions

Should I buy or sell TJX Companies stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last year. There are currently 3 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TJX shares.
View TJX analyst ratings
or view top-rated stocks.

What is TJX Companies' stock price target for 2024?

15 brokerages have issued 1-year price targets for TJX Companies' shares. Their TJX share price targets range from $86.00 to $110.00. On average, they predict the company's share price to reach $102.19 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price.
View analysts price targets for TJX
or view top-rated stocks among Wall Street analysts.

How have TJX shares performed in 2024?

TJX Companies' stock was trading at $93.81 at the beginning of 2024. Since then, TJX stock has increased by 8.1% and is now trading at $101.41.
View the best growth stocks for 2024 here
.

When is TJX Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024.
View our TJX earnings forecast
.

How were TJX Companies' earnings last quarter?

The TJX Companies, Inc. (NYSE:TJX) issued its quarterly earnings results on Wednesday, February, 28th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.10. The apparel and home fashions retailer had revenue of $16.41 billion for the quarter, compared to analyst estimates of $16.20 billion. TJX Companies had a trailing twelve-month return on equity of 64.18% and a net margin of 8.25%. The company's revenue was up 13.0% on a year-over-year basis. During the same period last year, the company posted $0.89 earnings per share.
Read the conference call transcript
.

How often does TJX Companies pay dividends? What is the dividend yield for TJX Companies?

TJX Companies declared a quarterly dividend on Tuesday, November 28th. Shareholders of record on Thursday, February 15th will be given a dividend of $0.3325 per share on Thursday, March 7th. This represents a $1.33 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date of this dividend is Wednesday, February 14th.
Read our dividend analysis for TJX
.

Is TJX Companies a good dividend stock?

TJX Companies (NYSE:TJX) pays an annual dividend of $1.33 per share and currently has a dividend yield of 1.34%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 34.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TJX will have a dividend payout ratio of 29.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TJX.

When did TJX Companies' stock split?

Shares of TJX Companies 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 issued 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.

How will TJX Companies' stock buyback program work?

TJX Companies declared that its Board of Directors has initiated a share repurchase plan on Wednesday, February 28th 2024, which allows the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 2.2% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its stock is undervalued.

What guidance has TJX Companies issued on next quarter's earnings?

TJX Companies issued an update on its first quarter 2025 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of 0.840-0.860 for the period, compared to the consensus EPS estimate of 0.870. The company issued revenue guidance of -.

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.

What other stocks do shareholders of TJX Companies own?

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

Who are TJX Companies' major shareholders?

TJX Companies' stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.44%), Vanguard Group Inc. (8.49%), Wellington Management Group LLP (4.53%), Capital International Investors (1.57%), Royal Bank of Canada (1.25%) and Primecap Management Co. CA (1.18%). Insiders that own company stock include Amy B Lane, Carol Meyrowitz, Ernie Herrman, Kenneth Canestrari, Louise Greenlees, Richard Sherr, Scott Goldenberg and Zein Abdalla.
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.

Does TJX Companies have any subsidiaries?
The following companies are subsidiares of TJX Companies: AJW South Bend Realty Corp., Arizona Merchants Inc., Bob's Stores, Concord Buying Group, Derailed, Fashion Factory Outlets (Trade Secret) Pty Limited, H. G. Conn. Merchants, H.G. AZ Merchants, H.G. Brownsburg Realty Corp., H.G. Conn. Merchants, H.G. Conn. Realty Corp., H.G. Georgia Merchants, H.G. Indiana Distributors, HomeGoods, HomeGoods Georgia, HomeGoods Imports Corp, HomeGoods Imports Corp., Jusy Meazza Buying Company S.r.L., Marmaxx Operating Corp., Marshalls, Marshalls Atlanta Merchants, Marshalls Bridgewater Merchant, Marshalls Bridgewater Merchants, Marshalls Woburn Merchants, Marshalls of Beacon, Marshalls of Beacon VA, Marshalls of CA, Marshalls of Elizabeth, Marshalls of Elizabeth NJ, Marshalls of Glen Burnie, Marshalls of Glen Burnie MD, Marshalls of IL, Marshalls of MA, Marshalls of Matteson, Marshalls of Matteson IL, Marshalls of Nevada, Marshalls of Richfield, Marshalls of Richfield MN, NBC Apparel, NBC Apparel LLC, NBC Atlantic Holding Limited, NBC Atlantic Limited, NBC Attire, NBC Attire Inc., NBC Charlotte Merchants, NBC Distributors Inc., NBC Europe Limited, NBC Fashion India Private Limited, NBC Fifth Realty Corp., NBC First Realty Corp., NBC Fourth Realty Corp., NBC GP, NBC Holding, NBC Hong Kong Merchants Limited, NBC Manager, NBC Manteca Merchants, NBC Merchants, NBC Nevada Merchants, NBC Operating, NBC Philadelphia Merchants, NBC Pittston Merchants, NBC Second Realty Corp., NBC Seventh Realty Corp., NBC Sixth Realty Corp., NBC Trading, NBC Trust, New York Department Stores, New York Department Stores de Puerto Rico Inc., Newton Buying Company of CA, Newton Buying Corp, Newton Buying Corp., Newton Buying Imports, STP Retail, STP Technology Systems, Sierra Trading Post, Strathmex Corp., T.J. Maxx of CA, T.J. Maxx of IL, T.K. Maxx Holding GmbH, T.K. Maxx Management GmbH, TJX Australia Holding Company Pty Limited, TJX Australia Holding Company Pty Ltd., TJX Australia Merchants Pty Limited, TJX Australia Pty Limited, TJX Australia Pty Ltd., TJX Austria Holding GmbH, TJX Deutschland Ltd & Co. KG, TJX Deutschland Ltd & Co. KG, TJX Digital, TJX Digital Memphis Merchants, TJX Distribution Ltd. & Co. KG, TJX Europe Buying (Deutschland) Ltd, TJX Europe Buying (Polska) Ltd, TJX Europe Buying Group Limited, TJX Europe Buying Ltd, TJX Europe Limited, TJX European Distribution, TJX European Distribution Sp. Z o.o, TJX Germany Ltd., TJX Incentive Sales, TJX Ireland Unlimited Company, TJX Nederland B.V., TJX Oesterreich Ltd. & Co. KG, TJX Poland, TJX Poland Sp. Z o.o, TJX UK, TJX UK Property Limited, TJX Vietnam Company Limited, TK Maxx, Trade Secret, WMI-1 Holding Company, WMI-1 Holding Company, WMI-99 Holding Company, WMI-99 Holding Company, Wagon Wheel Realty, Winners Merchants International, and Winners Merchants International L.P..
Read More
This page (NYSE:TJX) was last updated on 3/28/2024 by MarketBeat.com Staff

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