FY2028 EPS Estimate for TJX Companies Increased by Analyst

The TJX Companies, Inc. (NYSE:TJX) – Research analysts at Erste Group Bank increased their FY2028 earnings per share estimates for TJX Companies in a research report issued on Tuesday, September 8th. Erste Group Bank analyst H. Engel now expects that the apparel and home fashions retailer will post earnings of $5.78 per share for the year, up from their previous estimate of $5.76. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for TJX Companies’ current full-year earnings is $5.22 per share.

TJX Companies (NYSE:TJX) last posted its earnings results on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 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 company had revenue of $15.18 billion for the quarter, compared to the consensus estimate of $15.16 billion. During the same period in the previous year, the business earned $1.10 earnings per share. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. 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.

Several other analysts have also recently issued reports on TJX. Wall Street Zen cut TJX Companies from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Robert W. Baird raised their target price on shares of TJX Companies from $172.00 to $175.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Evercore restated an “outperform” rating and issued a $173.00 price target on shares of TJX Companies in a research report on Thursday, August 20th. Morgan Stanley set a $178.00 price target on shares of TJX Companies and gave the company an “overweight” rating in a research note on Thursday, August 20th. Finally, Gordon Haskett reiterated an “accumulate” rating and set a $155.00 price objective on shares of TJX Companies in a research report on Thursday, August 20th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $171.63.

TJX Companies Stock Performance

NYSE TJX opened at $126.44 on Friday. The stock has a market capitalization of $139.08 billion, a PE ratio of 23.37, a P/E/G ratio of 2.27 and a beta of 0.60. The business has a 50 day simple moving average of $148.12 and a two-hundred day simple moving average of $154.53. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.15 and a quick ratio of 0.56. TJX Companies has a 1-year low of $125.56 and a 1-year high of $170.00.

Institutional Investors Weigh In On TJX Companies

Institutional investors have recently modified their holdings of the stock. Coston McIsaac & Partners raised its holdings in shares of TJX Companies by 11.3% in the first quarter. Coston McIsaac & Partners now owns 628 shares of the apparel and home fashions retailer’s stock worth $100,000 after buying an additional 64 shares during the period. Hohimer Wealth Management LLC boosted its holdings in TJX Companies by 1.2% during the 4th quarter. Hohimer Wealth Management LLC now owns 5,595 shares of the apparel and home fashions retailer’s stock valued at $859,000 after acquiring an additional 66 shares during the period. Kohmann Bosshard Financial Services LLC grew its position in TJX Companies by 11.0% in the 1st quarter. Kohmann Bosshard Financial Services LLC now owns 666 shares of the apparel and home fashions retailer’s stock valued at $106,000 after acquiring an additional 66 shares during the last quarter. HBW Advisory Services LLC grew its position in TJX Companies by 5.1% in the 2nd quarter. HBW Advisory Services LLC now owns 1,357 shares of the apparel and home fashions retailer’s stock valued at $206,000 after acquiring an additional 66 shares during the last quarter. Finally, Verde Capital Management grew its position in TJX Companies by 0.7% in the 4th quarter. Verde Capital Management now owns 10,022 shares of the apparel and home fashions retailer’s stock valued at $1,539,000 after acquiring an additional 67 shares during the last quarter. 91.09% of the stock is owned by institutional investors.

TJX Companies Company Profile

The TJX Companies, Inc is an off-price retailer specializing in apparel and home fashions. The company sells brand-name, designer and other merchandise at prices generally below those of full-price retailers. Its product assortment includes women’s, men’s and children’s clothing, footwear, accessories, beauty products, home furnishings, decor and other household goods.

TJX operates through 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.