TJX Companies (NYSE:TJX) Releases Q2 2027 Earnings Guidance

TJX Companies (NYSE:TJX) issued an update on its second quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.150-1.170 for the period, compared to the consensus estimate of 1.170. The company issued revenue guidance of -. TJX Companies also updated its FY 2027 guidance to 5.080-5.150 EPS.

TJX Companies Trading Up 5.6%

TJX Companies stock opened at $159.13 on Thursday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.59 and a current ratio of 1.14. The firm has a market cap of $175.97 billion, a price-to-earnings ratio of 32.61, a price-to-earnings-growth ratio of 3.45 and a beta of 0.64. TJX Companies has a 1 year low of $119.84 and a 1 year high of $165.82. The firm’s 50 day moving average price is $156.71 and its two-hundred day moving average price is $154.44.

TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Wednesday, May 20th. The apparel and home fashions retailer reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.17. The firm had revenue of $14.32 billion for the quarter, compared to analyst estimates of $14.02 billion. TJX Companies had a net margin of 9.10% and a return on equity of 57.70%. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.92 earnings per share. TJX Companies has set its FY 2027 guidance at 5.080-5.150 EPS and its Q2 2027 guidance at 1.150-1.170 EPS. On average, research analysts predict that TJX Companies will post 5.07 EPS for the current fiscal year.

TJX Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 14th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, May 14th. This is a positive change from TJX Companies’s previous quarterly dividend of $0.43. TJX Companies’s dividend payout ratio is presently 39.34%.

Wall Street Analyst Weigh In

Several research firms have weighed in on TJX. Wall Street Zen upgraded shares of TJX Companies from a “hold” rating to a “buy” rating in a research report on Saturday, March 28th. Argus upgraded shares of TJX Companies to a “strong-buy” rating in a research report on Tuesday, March 3rd. Truist Financial began coverage on shares of TJX Companies in a research report on Monday. They set a “buy” rating and a $175.00 price objective on the stock. BTIG Research reiterated a “buy” rating and set a $185.00 price objective (up from $165.00) on shares of TJX Companies in a research report on Thursday, February 26th. Finally, Weiss Ratings cut shares of TJX Companies from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday, May 8th. Three research analysts have rated the stock with a Strong Buy rating and twenty-one have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $169.25.

Insiders Place Their Bets

In other TJX Companies news, CEO Ernie Herrman sold 30,000 shares of TJX Companies stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $160.95, for a total transaction of $4,828,500.00. Following the transaction, the chief executive officer directly owned 479,316 shares in the company, valued at approximately $77,145,910.20. The trade was a 5.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.13% of the company’s stock.

Key TJX Companies News

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX beat Q1 estimates with EPS of $1.19 versus about $1.02 expected and revenue of $14.32 billion versus roughly $14.0 billion estimated, showing resilient demand at its off-price banners. TJX Reports Q1 FY27 Results
• Positive Sentiment: Comparable sales rose 6%, pretax margin improved to 12.0%, and management said traffic remained strong across its retail banners, suggesting the company is taking share from more cautious shoppers. Reuters TJX raises annual sales, profit forecasts
• Positive Sentiment: TJX raised its FY27 outlook for comparable sales, pretax margin, EPS, and buybacks, increasing its share repurchase target to $2.75 billion-$3.0 billion, which supports the stock’s bullish reaction. TJX Stock Is Rising. Why Investors Are Shrugging Off Cautious Guidance.
• Neutral Sentiment: The company’s second-quarter EPS outlook of $1.15-$1.17 is slightly below the consensus estimate, but investors appear to be focusing more on the strong quarter and upbeat full-year commentary than on the near-term caution.

Institutional Investors Weigh In On TJX Companies

A number of institutional investors have recently modified their holdings of TJX. Wilkerson Advisory Group LLC acquired a new stake in shares of TJX Companies during the 4th quarter valued at $26,000. Imprint Wealth LLC acquired a new stake in shares of TJX Companies during the 3rd quarter valued at $27,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of TJX Companies during the 3rd quarter valued at $30,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of TJX Companies during the 4th quarter valued at $31,000. Finally, Jessup Wealth Management Inc acquired a new stake in shares of TJX Companies during the 4th quarter valued at $31,000. Institutional investors and hedge funds own 91.09% of the company’s stock.

About TJX Companies

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.