The TJX Companies, Inc. (NYSE:TJX) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts maintain a moderately bullish outlook: TJX has a consensus “Moderate Buy” rating from 22 analysts, with 16 buys, two strong buys and four holds. The average 12-month price target is approximately $171.63.
• Recent earnings exceeded expectations: TJX reported quarterly EPS of $1.22 versus the $1.19 consensus estimate, while revenue rose 5.4% year over year to $15.18 billion.
• Shares have pulled back significantly: TJX opened at $126.19, near its one-year low of $124.87 and below both its 50-day and 200-day moving averages. Institutional investors own 91.09% of the company’s stock.

The TJX Companies, Inc. (NYSE:TJX - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty-two analysts that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $171.6316.

TJX has been the subject of a number of recent analyst reports. Gordon Haskett restated an "accumulate" rating and set a $155.00 price objective on shares of TJX Companies in a research note on Thursday, August 20th. Truist Financial set a $190.00 target price on TJX Companies and gave the company a "buy" rating in a research note on Thursday, May 21st. Telsey Advisory Group raised their price target on shares of TJX Companies from $175.00 to $185.00 and gave the stock an "outperform" rating in a research report on Thursday, May 21st. Evercore restated an "outperform" rating and issued a $173.00 price target on shares of TJX Companies in a research note on Thursday, August 20th. Finally, Wells Fargo & Company cut their price target on shares of TJX Companies from $160.00 to $140.00 and set an "equal weight" rating on the stock in a report on Thursday, August 20th.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Danske Bank A S acquired a new stake in shares of TJX Companies in the second quarter valued at approximately $829,000. J.Safra Asset Management Corp grew its holdings in TJX Companies by 78.3% in the 4th quarter. J.Safra Asset Management Corp now owns 6,805 shares of the apparel and home fashions retailer's stock worth $1,045,000 after buying an additional 2,989 shares in the last quarter. Bluedoor Private Wealth LLC bought a new position in TJX Companies in the 4th quarter worth approximately $2,559,000. Man Group plc acquired a new stake in TJX Companies in the 2nd quarter valued at approximately $217,422,000. Finally, Sigma Planning Corp increased its position in TJX Companies by 82.0% in the 2nd quarter. Sigma Planning Corp now owns 20,903 shares of the apparel and home fashions retailer's stock valued at $3,167,000 after acquiring an additional 9,417 shares during the period. Institutional investors own 91.09% of the company's stock.

TJX Companies Trading Down 0.2%

Shares of TJX stock opened at $126.19 on Friday. The firm's 50-day simple moving average is $147.56 and its 200-day simple moving average is $154.33. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.56. TJX Companies has a 1-year low of $124.87 and a 1-year high of $170.00. The firm has a market cap of $138.81 billion, a P/E ratio of 23.33, a PEG ratio of 2.28 and a beta of 0.60.

TJX Companies (NYSE:TJX - Get Free Report) last issued its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.19 by $0.03. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.The business had revenue of $15.18 billion during the quarter, compared to analysts' expectations of $15.16 billion. During the same quarter in the previous year, the business earned $1.10 EPS. The company's revenue for the quarter was up 5.4% on a year-over-year basis. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. As a group, equities analysts forecast that TJX Companies will post 5.22 EPS for the current year.

About TJX Companies

The TJX Companies, Inc is an off-price retailer specializing in apparel and home fashions. The company sells brand-name, designer and other merchandise at prices generally below those of full-price retailers. Its product assortment includes women's, men's and children's clothing, footwear, accessories, beauty products, home furnishings, decor and other household goods.

TJX operates through a portfolio of retail banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra and Homesense in the United States; Winners, HomeSense and Marshalls in Canada; and TK Maxx and Homesense in Europe and Australia.

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