NYSE:TJX

The TJX Companies Stock Forecast, Price & News

Top-Rated Stocks

$65.68

-1.23 (-1.84 %)

(As of 01/25/2021 12:00 AM ET)

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Today's Range

$64.43

Now: $65.68▼

$66.85

50-Day Range

$65.34

MA: $67.63▼

$70.22

52-Week Range

$32.72

Now: $65.68▼

$70.96

Volume6.85 million shs

Average Volume5.54 million shs

Market Capitalization$78.86 billion

P/E Ratio109.47

Dividend YieldN/A

Beta0.93

The TJX Companies, Inc., together with its subsidiaries, 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; fine jewelry and accessories; and other merchandise. As of February 1, 2020, it operated 1,273 T.J. Maxx, 1,130 Marshalls, 809 HomeGoods, 46 Sierra, and 32 Homesense stores, as well as tjmaxx.com, marshalls.com, and sierra.com in the United States; 279 Winners, 137 HomeSense, and 97 Marshalls stores in Canada; 594 T.K. Maxx and 78 Homesense stores, as well as tkmaxx.com in Europe; and 54 T.K. Maxx stores in Australia. The company is headquartered in Framingham, Massachusetts.

MarketRank^™

Overall MarketRank^™

2.01 out of 5 stars

Retail/Wholesale Sector

25th out of 383 stocks

Family Clothing Stores Industry

1st out of 17 stocks

2.5 Analyst's Opinion

Consensus Rating
The TJX Companies has received a consensus rating of Buy. The company's average rating score is 2.92, and is based on 20 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $68.54, The TJX Companies has a forecasted upside of 4.4% from its current price of $65.68.
Amount of Analyst Coverage
The TJX Companies has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.2 Community Rank

Outperform Votes
The TJX Companies has received 1,115 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
The TJX Companies has received 638 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
The TJX Companies has received 63.61% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about The 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.

0.8 Dividend Strength

Dividend Yield
The TJX Companies does not currently pay a dividend.
Dividend Growth
The TJX Companies has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, The TJX Companies will have a dividend payout ratio of 39.85% next year. This indicates that The TJX Companies will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The 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 $6,004,348.00 in company stock.
Percentage Held by Insiders
Only 0.18% of the stock of The TJX Companies is held by insiders.
Percentage Held by Institutions
88.81% of the stock of The TJX Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for The TJX Companies are expected to grow by 493.18% in the coming year, from $0.44 to $2.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The TJX Companies is 109.47, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of The TJX Companies is 109.47, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 34.48.
Price to Earnings Growth Ratio
The TJX Companies has a PEG Ratio of 14.77. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
The TJX Companies has a P/B Ratio of 13.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Employees286,000

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.98

Current Ratio1.41

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio109.47

Forward P/E Ratio149.27

P/E Growth14.77

Sales & Book Value

Annual Sales$41.72 billion

Price / Sales1.89

Cash Flow$3.32 per share

Price / Cash Flow19.80

Book Value$4.94 per share

Price / Book13.30

Profitability

EPS (Most Recent Fiscal Year)$2.67

Net Income$3.27 billion

Net Margins2.24%

Return on Equity14.34%

Return on Assets2.78%

Miscellaneous

Outstanding Shares1,200,631,000

Market Cap$78.86 billion

Next Earnings Date2/24/2021 (Estimated)

OptionableOptionable

$65.68

-1.23 (-1.84 %)

(As of 01/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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The TJX Companies (NYSE:TJX) Frequently Asked Questions

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

The TJX Companies' stock was trading at $55.61 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TJX shares have increased by 18.1% and is now trading at $65.68.
View which stocks have been most impacted by COVID-19.

Is The TJX Companies a buy right now?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The TJX Companies in the last year. There are currently 3 hold ratings, 20 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" The TJX Companies stock.
View analyst ratings for The TJX Companies or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than The TJX Companies?

Wall Street analysts have given The TJX Companies a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The TJX Companies wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Ernie Herrman's approval rating as The TJX Companies' CEO?

238 employees have rated The TJX Companies CEO Ernie Herrman on Glassdoor.com. Ernie Herrman has an approval rating of 92% among The TJX Companies' employees. This puts Ernie Herrman in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

When is The TJX Companies' next earnings date?

The TJX Companies is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for The TJX Companies.

How were The TJX Companies' earnings last quarter?

The TJX Companies, Inc. (NYSE:TJX) released its quarterly earnings results on Tuesday, November, 17th. The apparel and home fashions retailer reported $0.71 EPS for the quarter, topping the consensus estimate of $0.40 by $0.31. The apparel and home fashions retailer earned $10.12 billion during the quarter, compared to analyst estimates of $9.35 billion. The TJX Companies had a net margin of 2.24% and a trailing twelve-month return on equity of 14.34%. During the same quarter in the prior year, the firm posted $0.68 earnings per share.
View The TJX Companies' earnings history.

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

The TJX Companies announced a quarterly dividend on Tuesday, December 8th. Shareholders of record on Thursday, February 11th will be paid a dividend of $0.26 per share on Thursday, March 4th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Wednesday, February 10th. This is an increase from The TJX Companies's previous quarterly dividend of $0.23.
View The TJX Companies' dividend history.

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

The 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 issued to shareholders after the closing bell on Tuesday, November 6th 2018. An investor that had 100 shares of The TJX Companies stock prior to the split would have 200 shares after the split.

How will The TJX Companies' stock buyback program work?

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

What price target have analysts set for TJX?

24 brokerages have issued 12-month price objectives for The TJX Companies' shares. Their forecasts range from $54.00 to $78.00. On average, they anticipate The TJX Companies' share price to reach $68.54 in the next year. This suggests a possible upside of 4.4% from the stock's current price.
View analysts' price targets for The TJX Companies or view Wall Street analyst' top-rated stocks.

Who are some of The TJX Companies' key competitors?

Some companies that are related to The TJX Companies include Ross Stores (ROST), The Gap (GPS), Foot Locker (FL), American Eagle Outfitters (AEO), Urban Outfitters (URBN), The Buckle (BKE), Guess' (GES), Abercrombie & Fitch (ANF), Zumiez (ZUMZ), The Children's Place (PLCE), Designer Brands (DBI), Caleres (CAL), Shoe Carnival (SCVL), Genesco (GCO) and Citi Trends (CTRN).
View all of TJX's competitors.

What other stocks do shareholders of The TJX Companies own?

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

Who are The TJX Companies' key executives?

The TJX Companies' management team includes the following people:

Ms. Carol M. Meyrowitz, Exec. Chairman (Age 67, Pay $4.35M)
Mr. Ernie L. Herrman, CEO, Pres & Director (Age 60, Pay $7.25M)
Mr. Scott Goldenberg, Sr. EVP & CFO (Age 67, Pay $2.53M)
Mr. Richard Sherr, Sr. EVP & Group Pres (Age 64, Pay $3.02M)
Mr. Kenneth Canestrari, Sr. EVP & Group Pres (Age 59, Pay $2.2M)
Mr. Bernard Cammarata, Founder & Exec. Advisor (Age 81)
Alicia C. Kelly, Exec. VP, Sec. & Gen. Counsel
Debra McConnell, Sr. VP of Global Communications
Douglas W. Mizzi, Sr. EVP & Group Pres (Age 61)
Erica Farrell, Sr. VP of Treasury

What is The TJX Companies' stock symbol?

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

Who are The TJX Companies' major shareholders?

The TJX Companies' stock is owned by a number of retail and institutional investors. Top institutional investors include Alecta Pensionsforsakring Omsesidigt (1.41%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.32%), New York State Teachers Retirement System (0.12%), Focused Investors LLC (0.11%), Bartlett & Co. LLC (0.10%) and Confluence Investment Management LLC (0.09%). Company insiders that own The TJX Companies stock include Amy B Lane, Carol Meyrowitz, David T Ching, Ernie Herrman, Kenneth Canestrari, Michael F Hines, Richard Sherr, Rosemary T Berkery and Scott Goldenberg.
View institutional ownership trends for The TJX Companies.

Which major investors are selling The TJX Companies stock?

TJX stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Limited, Stock Yards Bank & Trust Co., Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, OLD National Bancorp IN, Baldwin Brothers Inc. MA, Hexavest Inc., New York State Teachers Retirement System, and Exchange Traded Concepts LLC. Company insiders that have sold The TJX Companies company stock in the last year include Carol Meyrowitz, Kenneth Canestrari, and Michael F Hines.
View insider buying and selling activity for The TJX Companies or view top insider-selling stocks.

Which major investors are buying The TJX Companies stock?

TJX stock was acquired by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Verde Servicos Internacionais S.A., Alecta Pensionsforsakring Omsesidigt, Darrell & King LLC, Beech Hill Advisors Inc., Journey Advisory Group LLC, Strs Ohio, and Deltec Asset Management LLC.
View insider buying and selling activity for The TJX Companies or or view top insider-buying stocks.

How do I buy shares of The 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is The TJX Companies' stock price today?

One share of TJX stock can currently be purchased for approximately $65.68.

How big of a company is The TJX Companies?

The TJX Companies has a market capitalization of $78.86 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. The TJX Companies employs 286,000 workers across the globe.

What is The TJX Companies' official website?

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

How can I contact The TJX Companies?

The 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 1/25/2021 by MarketBeat.com Staff

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