NYSE:TJX

TJX Companies Stock Forecast, Price & News

$59.02

-0.79 (-1.32%)

(As of 06/28/2022 11:03 AM ET)

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Today's Range: $58.97
▼
$60.57
50-Day Range: $54.99
▼
$66.78
52-Week Range: $53.69
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$77.35

Volume: 74,401 shs
Average Volume: 5.48 million shs
Market Capitalization: $69.15 billion

P/E Ratio: 21.46
Dividend Yield: 1.96%
Price Target: $78.05

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TJX Stock Forecast (MarketRank)

Overall MarketRank^™

3.13 out of 5 stars

Retail/Wholesale Sector

34th out of 283 stocks

Family Clothing Stores Industry

4th out of 11 stocks

4.4 Analyst's Opinion

Consensus Rating
TJX Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 15 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $78.05, TJX Companies has a forecasted upside of 31.9% from its current price of $59.17.
Amount of Analyst Coverage
TJX Companies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0 Community Rank

Outperform Votes
TJX Companies has received 1,155 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
TJX Companies has received 344 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
TJX Companies has received 77.05% “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.

2.5 Dividend Strength

Dividend Yield
TJX Companies pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
TJX Companies has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of TJX Companies is 42.91%. 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 32.60% next year. This indicates that TJX Companies will be able to sustain or increase its dividend.

2.5 Company Ownership

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 $6,973,343.00 in company stock.
Percentage Held by Insiders
Only 0.19% of the stock of TJX Companies is held by insiders.
Percentage Held by Institutions
91.45% of the stock of TJX Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for TJX Companies are expected to grow by 13.84% in the coming year, from $3.18 to $3.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TJX Companies is 21.52, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 20.83.
Price to Earnings Ratio vs. Sector
The P/E ratio of TJX Companies is 21.52, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 14.03.
Price to Earnings Growth Ratio
TJX Companies has a PEG Ratio of 1.81. 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 11.76. 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

About TJX Companies (NYSE:TJX)

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; jewelry and accessories; and other merchandise. As of February 23, 2022, it operated 1,284 T.J. Maxx, 1,148 Marshalls, 850 HomeGoods, 59 Sierra, and 39 Homesense stores, as well as tjmaxx.com, marshalls.com, and sierra.com in the United States; 293 Winners, 147 HomeSense, and 106 Marshalls stores in Canada; 618 T.K. Maxx and 77 Homesense stores, as well as tkmaxx.com in Europe; and 68 T.K. Maxx stores in Australia. The company was incorporated in 1962 and is headquartered in Framingham, Massachusetts.

June 1, 2022 | marketbeat.com

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June 28, 2022 | finance.yahoo.com

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June 24, 2022 | finance.yahoo.com

3 Reasons to Buy TJX Companies, and 1 to Sell

June 22, 2022 | seekingalpha.com

Tracking Jeremy Grantham's GMO Capital Portfolio - Q1 2022 Update

June 22, 2022 | finance.yahoo.com

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June 22, 2022 | finance.yahoo.com

Inflation Hits Bargain Hunters Too. That’s Why One Analyst Downgraded Burlington.

June 21, 2022 | morningstar.com

TJX Companies Inc - Stock Ownership TJX

June 20, 2022 | finance.yahoo.com

Is The TJX Companies, Inc. (NYSE:TJX) Trading At A 29% Discount?

June 18, 2022 | americanbankingnews.com

The TJX Companies, Inc. (NYSE:TJX) Receives $78.05 Average PT from Analysts

June 17, 2022 | nasdaq.com

3 Reasons to Buy This Blue Chip Retail Stock

June 16, 2022 | nasdaq.com

TJX Recalls 30,600 Nest Swing Egg Chairs

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June 16, 2022 | benzinga.com

$100 Invested In This Stock 20 Years Ago Would Be Worth $1,200 Today

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Family clothing stores
Sub-Industry: Apparel Retail
Sector: Retail/Wholesale
Current Symbol: NYSE:TJX
CUSIP: 87254010
CIK: 109198
Web: www.tjx.com
Phone: (508) 390-1000
Fax: 508-390-2828
Employees: 340,000
Year Founded: 1976

Company Calendar

Ex-Dividend for 6/2 Dividend: 5/11/2022
Last Earnings: 5/18/2022
Dividend Payable: 6/02/2022
Today: 6/28/2022
Next Earnings (Estimated): 8/17/2022
Fiscal Year End: 1/31/2023

Price Target and Rating

Average Stock Price Forecast: $78.05
High Stock Price Forecast: $88.00
Low Stock Price Forecast: $60.00
Forecasted Upside/Downside: +32.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.83333333333333
Research Coverage: 18 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.75
Trailing P/E Ratio: 21.46
Forward P/E Ratio: 18.56
P/E Growth: 1.81
Net Income: $3.28 billion
Net Margins: 6.69%
Pretax Margin: 9.08%
Return on Equity: 61.28%
Return on Assets: 13.02%

Debt

Debt-to-Equity Ratio: 0.60
Current Ratio: 1.25
Quick Ratio: 0.55

Sales & Book Value

Annual Sales: $48.55 billion
Price / Sales: 1.42
Cash Flow: $3.71 per share
Price / Cash Flow: 15.89
Book Value: $5.03 per share
Price / Book: 11.73

Miscellaneous

Outstanding Shares: 1,171,640,000
Free Float: 1,169,410,000
Market Cap: $69.15 billion
Optionable: Optionable
Beta: 0.88

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TJX Companies Frequently Asked Questions

Should I buy or sell TJX Companies stock right now?: 18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TJX Companies in the last twelve months. There are currently 3 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TJX Companies stock.
View analyst ratings for TJX Companies or view top-rated stocks.
What is TJX Companies' stock price forecast for 2022?: 18 Wall Street analysts have issued 1-year target prices for TJX Companies' stock. Their TJX stock forecasts range from $60.00 to $88.00. On average, they anticipate TJX Companies' share price to reach $78.05 in the next year. This suggests a possible upside of 31.6% from the stock's current price.
View analysts' price targets for TJX Companies or view top-rated stocks among Wall Street analysts.
How has TJX Companies' stock price performed in 2022?: TJX Companies' stock was trading at $75.92 on January 1st, 2022. Since then, TJX shares have decreased by 21.9% and is now trading at $59.29.
View the best growth stocks for 2022 here.
Are investors shorting TJX Companies?: TJX Companies saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 10,310,000 shares, an increase of 30.8% from the April 30th total of 7,880,000 shares. Based on an average trading volume of 8,450,000 shares, the short-interest ratio is presently 1.2 days. Currently, 0.9% of the company's stock are sold short.
View TJX Companies' Short Interest.
When is TJX Companies' next earnings date?: TJX Companies is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022.
View our earnings forecast for TJX Companies.
How were TJX Companies' earnings last quarter?: The TJX Companies, Inc. (NYSE:TJX) issued its quarterly earnings results on Wednesday, May, 18th. The apparel and home fashions retailer reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.60 by $0.08. The apparel and home fashions retailer earned $11.41 billion during the quarter, compared to analysts' expectations of $11.58 billion. TJX Companies had a net margin of 6.69% and a trailing twelve-month return on equity of 61.28%. The company's revenue was up 13.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.44 earnings per share.
View TJX Companies' earnings history.
How often does TJX Companies pay dividends? What is the dividend yield for TJX Companies?: TJX Companies announced a quarterly dividend on Tuesday, June 7th. Stockholders of record on Thursday, August 11th will be given a dividend of $0.295 per share on Thursday, September 1st. This represents a $1.18 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend is Wednesday, August 10th.
View TJX Companies' dividend history.
Is TJX Companies a good dividend stock?: TJX Companies(NYSE:TJX) pays an annual dividend of $1.18 per share and currently has a dividend yield of 1.96%. TJX Companies does not yet have a strong track record of dividend growth. The dividend payout ratio of TJX Companies is 42.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TJX Companies will have a dividend payout ratio of 32.60% next year. This indicates that TJX Companies will be able to sustain or increase its dividend.
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 minted shares were issued to shareholders after the market closes 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.
What guidance has TJX Companies issued on next quarter's earnings?: TJX Companies issued an update on its second quarter 2023 earnings guidance on Wednesday, June, 15th. The company provided earnings per share (EPS) guidance of $0.65-$0.69 for the period, compared to the consensus EPS estimate of $0.75. The company issued revenue guidance of -.
Who are TJX Companies' key executives?: TJX Companies' management team includes the following people:
Ms. Carol M. Meyrowitz, Exec. Chairman (Age 68, Pay $4.96M) (LinkedIn Profile)
Mr. Ernie L. Herrman, CEO, Pres & Director (Age 61, Pay $9.74M)
Mr. Scott Goldenberg, Sr. EVP & CFO (Age 68, Pay $3.38M)
Mr. Richard Sherr, Sr. EVP & Group Pres (Age 65, Pay $3.97M) (LinkedIn Profile)
Mr. Kenneth Canestrari, Sr. EVP & Group Pres (Age 60, Pay $2.89M)
Mr. Bernard Cammarata, Founder & Exec. Advisor (Age 82)
Alicia C. Kelly, Exec. VP, Sec. & Gen. Counsel
Debra McConnell, Sr. VP of Global Communications
Mr. Douglas W. Mizzi, Sr. EVP & Group Pres (Age 62)
Ms. Louise Greenlees, Sr. EVP & Group Pres
What is Ernie Herrman's approval rating as TJX Companies' CEO?: 238 employees have rated TJX Companies CEO Ernie Herrman on Glassdoor.com. Ernie Herrman has an approval rating of 92% among TJX Companies' employees. This puts Ernie Herrman in the top 30% of approval ratings compared to other CEOs of publicly-traded 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), American Eagle Outfitters (AEO), Urban Outfitters (URBN), Buckle (BKE), Guess' (GES), Designer Brands (DBI), Caleres (CAL), Abercrombie & Fitch (ANF), Genesco (GCO), Chico's FAS (CHS), Shoe Carnival (SCVL), Children's Place (PLCE) and Zumiez (ZUMZ).
View all of TJX's 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 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).
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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.67%), Wellington Management Group LLP (7.23%), BlackRock Inc. (6.41%), State Street Corp (4.04%), Bank of New York Mellon Corp (2.62%) and Bank of America Corp DE (1.93%). Company insiders that own TJX Companies stock include Amy B Lane, Carol Meyrowitz, Ernie Herrman, Kenneth Canestrari, Michael F Hines, Richard Sherr, Rosemary T Berkery, Scott Goldenberg and Zein Abdalla.
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 Royal Bank of Canada, State Street Corp, Bank of New York Mellon Corp, BlackRock Inc., Prudential Financial Inc., Toronto Dominion Bank, Alyeska Investment Group L.P., and Invesco Ltd.. Company insiders that have sold TJX Companies company stock in the last two years include Amy B Lane, Carol Meyrowitz, Ernie Herrman, Kenneth Canestrari, Michael F Hines, Richard Sherr, Scott Goldenberg, and Zein Abdalla.
View insider buying and selling activity for TJX Companies or view top insider-selling stocks.
Which major investors are buying TJX Companies stock?: TJX stock was purchased by a variety of institutional investors in the last quarter, including Ontario Teachers Pension Plan Board, 1832 Asset Management L.P., Capital International Investors, Renaissance Technologies LLC, Wellington Management Group LLP, Aaron Wealth Advisors LLC, abrdn plc, and National Bank of Canada FI.
View insider buying and selling activity for TJX Companies or or view top insider-buying stocks.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is TJX Companies' stock price today?: One share of TJX stock can currently be purchased for approximately $59.29.
How much money does TJX Companies make?: TJX Companies (NYSE:TJX) has a market capitalization of $69.47 billion and generates $48.55 billion in revenue each year. The apparel and home fashions retailer earns $3.28 billion in net income (profit) each year or $2.75 on an earnings per share basis.
How many employees does TJX Companies have?: TJX Companies employs 340,000 workers across the globe.
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
When was TJX Companies founded?: TJX Companies was founded in 1976.
How can I contact TJX Companies?: TJX Companies' mailing address is 770 Cochituate Road, FRAMINGHAM MA, 01701. The official website for TJX Companies is www.tjx.com. The apparel and home fashions retailer can be reached via phone at (508) 390-1000, via email at [email protected], or via fax at 508-390-2828.

This page (NYSE:TJX) was last updated on 6/28/2022 by MarketBeat.com Staff

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TJX Companies Stock Forecast, Price & News

Receive TJX Stock News and Ratings via Email

TJX Stock Forecast (MarketRank)

Overall MarketRank™

4.4 Analyst's Opinion

5.0 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

2.5 Dividend Strength

2.5 Company Ownership

1.3 Earnings and Valuation

About TJX Companies (NYSE:TJX)

TJX Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

TJX Companies Frequently Asked Questions

Should I buy or sell TJX Companies stock right now?

What is TJX Companies' stock price forecast for 2022?

How has TJX Companies' stock price performed in 2022?

Are investors shorting TJX Companies?

When is TJX Companies' next earnings date?

How were TJX Companies' earnings last quarter?

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

Is TJX Companies a good dividend stock?

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

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

Who are TJX Companies' key executives?

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

Who are some of TJX Companies' key competitors?

What other stocks do shareholders of TJX Companies own?

What is TJX Companies' stock symbol?

Who are TJX Companies' major shareholders?

Which major investors are selling TJX Companies stock?

Which major investors are buying TJX Companies stock?

How do I buy shares of TJX Companies?

What is TJX Companies' stock price today?

How much money does TJX Companies make?

How many employees does TJX Companies have?

Does TJX Companies have any subsidiaries?

When was TJX Companies founded?

How can I contact TJX Companies?

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