The TJX Companies, Inc. (NYSE:TJX) Stock Rated “Moderate Buy” by Sell-Side Analysts

The TJX Companies, Inc. (NYSE:TJX) has been given an average recommendation of “Moderate Buy” by the twenty-five analysts that are presently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and twenty-one have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $174.95.

A number of brokerages have weighed in on TJX. Barclays set a $188.00 price objective on TJX Companies and gave the company an “overweight” rating in a research note on Thursday, August 20th. The Goldman Sachs Group cut their target price on TJX Companies from $194.00 to $178.00 and set a “buy” rating on the stock in a research report on Thursday, August 20th. Jefferies Financial Group cut TJX Companies from a “buy” rating to a “hold” rating and reduced their target price for the company from $180.00 to $145.00 in a research note on Wednesday, August 26th. Evercore reiterated an “outperform” rating and set a $173.00 target price (down from $175.00) on shares of TJX Companies in a research note on Thursday, August 20th. Finally, BTIG Research reissued a “buy” rating and set a $190.00 price target on shares of TJX Companies in a research report on Thursday, August 20th.

TJX Companies Stock Performance

NYSE:TJX opened at $138.88 on Friday. The firm has a 50-day moving average of $135.80 and a two-hundred day moving average of $150.87. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.56. The stock has a market cap of $152.77 billion, a P/E ratio of 28.27, a PEG ratio of 2.74 and a beta of 0.58. TJX Companies has a 1-year low of $122.78 and a 1-year high of $170.00.

TJX Companies (NYSE:TJX) last announced 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 for the quarter, compared to analyst estimates of $15.16 billion. During the same period in the previous year, the company earned $1.10 earnings per share. The company’s revenue for the quarter was up 5.4% compared to the same quarter last year. 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. On average, research analysts expect that TJX Companies will post 5.22 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 12th will be issued a $0.48 dividend. The ex-dividend date of this dividend is Thursday, November 12th. This represents a $1.92 annualized dividend and a yield of 1.4%. TJX Companies’s dividend payout ratio is currently 35.49%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Cetera Trust Company N.A acquired a new position in TJX Companies during the second quarter valued at approximately $27,000. William Mack & Associates Inc. bought a new position in shares of TJX Companies in the third quarter valued at approximately $29,000. Balance Wealth Partners LLC bought a new position in shares of TJX Companies in the third quarter valued at approximately $31,000. Kelly Lawrence W & Associates Inc. CA acquired a new stake in shares of TJX Companies in the second quarter worth $35,000. Finally, Cedar Mountain Advisors LLC lifted its stake in shares of TJX Companies by 47.7% in the first quarter. Cedar Mountain Advisors LLC now owns 226 shares of the apparel and home fashions retailer’s stock worth $36,000 after buying an additional 73 shares during the last quarter. 91.09% of the stock is currently owned by institutional investors.

About TJX Companies

The TJX Companies, Inc (NYSE: TJX) is an off-price retailer specializing in apparel, footwear, accessories, and home merchandise. Its stores offer branded and designer products at prices generally below those of full-price retailers, using a flexible purchasing model that allows the company to acquire merchandise from manufacturers, retailers, and other suppliers.

The company operates 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.