NYSE:TJXTJX Companies Stock Price, Forecast & News

$54.83

-0.41 (-0.74 %)

(As of 06/4/2020 04:00 PM ET)

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Today's Range

$54.43

Now: $54.83▼

$55.87

50-Day Range

$44.03

MA: $49.58▼

$55.30

52-Week Range

$32.72

Now: $54.83▼

$64.95

Volume14.90 million shs

Average Volume9.36 million shs

Market Capitalization$65.68 billion

P/E Ratio40.02

Dividend Yield1.67%

Beta0.71

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer. 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, kids, and gourmet food departments; jewelry and accessories; footwear; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, as well as operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. The company operates a total of approximately 4,300 stores in 9 countries, which included the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia. The TJX Companies, Inc. was founded in 1956 and is headquartered in Framingham, Massachusetts.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
TJX Companies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 24 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $64.80, TJX Companies has a potential upside of 18.2% from its current price of $54.83.
Amount of Analyst Coverage
TJX Companies has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.2 Community Rank

Outperform Votes
TJX Companies has received 1,095 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
TJX Companies has received 627 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
TJX Companies has received 63.59% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about TJX Companies and other stocks. Vote “Outperform” if you believe TJX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TJX will underperform the S&P 500 over the long term. You may vote once every thirty days.

5.0 Dividend Strength

Dividend Leadership
TJX Companies is a leading dividend payer. It pays a dividend yield of 1.67%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
TJX Companies has been increasing its dividend for 23 years.
Dividend Coverage
The dividend payout ratio of TJX Companies is 34.46 %. 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 36.80 % next year. This indicates that TJX Companies will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TJX Companies insiders have bought more of their company's stock than they have sold. Specifically, they have bought $165,900.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.18% of the stock of TJX Companies is held by insiders.
Percentage Held by Institutions
89.45% of the stock of TJX Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for TJX Companies are expected to grow by 278.79% in the coming year, from $0.66 to $2.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TJX Companies is 40.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of TJX Companies is 40.02, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 46.26.
Price to Earnings Growth Ratio
TJX Companies has a PEG Ratio of 7.80. 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 13.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.64 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Family clothing stores

Sub-IndustryApparel Retail

SectorRetail/Wholesale

Current SymbolNYSE:TJX

Previous Symbol

CUSIP87254010

CIK109198

Webwww.tjx.com

Phone508-390-1000

Debt

Debt-to-Equity Ratio3.19

Current Ratio2.20

Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio40.02

Forward P/E Ratio83.08

P/E Growth7.8

Sales & Book Value

Annual Sales$41.72 billion

Price / Sales1.57

Cash Flow$3.47 per share

Price / Cash Flow15.79

Book Value$3.96 per share

Price / Book13.85

Profitability

EPS (Most Recent Fiscal Year)$2.67

Net Income$3.27 billion

Net Margins4.57%

Return on Equity31.29%

Return on Assets6.97%

Miscellaneous

Employees286,000

Outstanding Shares1,197,877,000

Market Cap$65.68 billion

Next Earnings Date8/18/2020 (Estimated)

OptionableOptionable

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TJX Companies (NYSE:TJX) Frequently Asked Questions

How has TJX Companies' stock been impacted by COVID-19 (Coronavirus)?

TJX Companies' stock was trading at $55.61 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TJX shares have decreased by 1.4% and is now trading at $54.83. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of TJX Companies?

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last year. There are currently 1 hold rating, 24 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for TJX Companies.

When is TJX Companies' next earnings date?

TJX Companies is scheduled to release its next quarterly earnings announcement on Tuesday, August 18th 2020. View our earnings forecast for TJX Companies.

How were TJX Companies' earnings last quarter?

TJX Companies Inc (NYSE:TJX) announced its quarterly earnings results on Thursday, May, 21st. The apparel and home fashions retailer reported ($0.74) earnings per share for the quarter, missing the consensus estimate of ($0.18) by $0.56. The apparel and home fashions retailer had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.92 billion. TJX Companies had a return on equity of 31.29% and a net margin of 4.57%. The firm's quarterly revenue was down 52.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.57 EPS. View TJX Companies' earnings history.

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

TJX Companies declared a quarterly dividend on Tuesday, December 3rd. Stockholders of record on Thursday, February 13th will be given a dividend of $0.23 per share on Thursday, March 5th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date is Wednesday, February 12th. View TJX Companies' dividend history.

When did TJX Companies' stock split? How did TJX Companies' stock split work?

TJX Companies's stock split on the morning of 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 TJX Companies stock prior to the split would have 200 shares after the split.

How will TJX Companies' stock buyback program work?

TJX Companies announced that its board has initiated a stock repurchase plan on Wednesday, February 27th 2019, which permits the company to repurchase $2,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 3.6% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

What price target have analysts set for TJX?

26 analysts have issued 1 year target prices for TJX Companies' stock. Their forecasts range from $52.00 to $75.00. On average, they anticipate TJX Companies' stock price to reach $64.80 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price. View analysts' price targets for TJX Companies.

Has TJX Companies been receiving favorable news coverage?

Press coverage about TJX stock has been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TJX Companies earned a news impact score of -2.6 on InfoTrie's scale. They also assigned press coverage about the apparel and home fashions retailer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutTJX Companies.

Who are some of TJX Companies' key competitors?

Some companies that are related to TJX Companies include Ross Stores (ROST), GAP (GPS), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Guess? (GES), Zumiez (ZUMZ), Childrens Place (PLCE), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Cato (CATO). View all competitors.

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 Walt Disney (DIS), NVIDIA (NVDA), Alibaba Group (BABA), Visa (V), Home Depot (HD), Starbucks (SBUX), AT&T (T), Bank of America (BAC), Cisco Systems (CSCO) and AbbVie (ABBV).

Who are TJX Companies' key executives?

TJX Companies' management team includes the following people:

Ms. Carol M. Meyrowitz, Exec. Chairman (Age 65)
Mr. Ernie L. Herrman, CEO, Pres & Director (Age 58)
Mr. Scott Goldenberg, Sr. EVP & CFO (Age 65)
Mr. Richard Sherr, Sr. EVP & Group Pres (Age 62)
Mr. Bernard Cammarata, Founder & Exec. Advisor (Age 79)

What is TJX Companies' stock symbol?

TJX Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "TJX."

Who are TJX Companies' major shareholders?

TJX Companies' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.75%), Wellington Management Group LLP (6.75%), State Street Corp (4.74%), Bank of New York Mellon Corp (2.54%), Geode Capital Management LLC (1.52%) and Alliancebernstein L.P. (1.52%). Company insiders that own TJX Companies stock include Amy B Lane, Carol Meyrowitz, David T Ching, Ernie Herrman, Kenneth Canestrari, Richard Sherr, Rosemary T Berkery and Scott Goldenberg. View institutional ownership trends for TJX Companies.

Which major investors are selling TJX Companies stock?

TJX stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Deutsche Bank AG, Diamond Hill Capital Management Inc., AQR Capital Management LLC, Squarepoint Ops LLC, Two Sigma Advisers LP, Flossbach Von Storch AG, and State Street Corp. Company insiders that have sold TJX Companies company stock in the last year include Carol Meyrowitz, David T Ching, and Ernie Herrman. View insider buying and selling activity for TJX Companies.

Which major investors are buying TJX Companies stock?

TJX stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Capital Research Global Investors, Nuveen Asset Management LLC, BlackRock Inc., APG Asset Management N.V., Capital World Investors, JPMorgan Chase & Co., and Assenagon Asset Management S.A.. View insider buying and selling activity for TJX Companies.

How do I buy shares of TJX Companies?

Shares of TJX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is TJX Companies' stock price today?

One share of TJX stock can currently be purchased for approximately $54.83.

How big of a company is TJX Companies?

TJX Companies has a market capitalization of $65.68 billion and generates $41.72 billion in revenue each year. The apparel and home fashions retailer earns $3.27 billion in net income (profit) each year or $2.67 on an earnings per share basis. TJX Companies employs 286,000 workers across the globe.

What is TJX Companies' official website?

The official website for TJX Companies is www.tjx.com.

How can I contact TJX Companies?

TJX Companies' mailing address is 770 Cochituate Road, FRAMINGHAM MA, 01701. The apparel and home fashions retailer can be reached via phone at 508-390-1000 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff