Streetbeat News

TJX

The TJX Companies, Inc.

https://www.tjx.com

Industry

Apparel - Retail

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.

Open

115.79

Mkt cap

132B

Volume

3.1M

High

117.58

P/E Ratio

28.29

52-wk high

121.13

Low

115.54

Div yield

0.01

52-wk low

87.26

Today's session highlighted significant options activity in the Consumer Discretionary sector, with notable movements in stocks like TSLA, XPEV, F, LULU, RIVN, VFC, AMZN, TJX, WING, and AZO. The activity ranged from bullish to bearish sentiments, with trades involving both call and put options across various expiration dates and strike prices. This could indicate potential trading opportunities based on the whales' movements.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 5:35 pm

Today's session highlighted significant options activity in the Consumer Discretionary sector, with notable movements in stocks like TSLA, AMZN, SBUX, CZR, LEN, GPS, NKE, CPNG, LI, and TJX. The activity ranged from bullish to bearish sentiments, involving both call and put options across various expiration dates and strike prices. This unusual options activity could indicate potential trading opportunities based on the whales' movements.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 5:35 pm

The TJX Companies, Inc. (NYSE:TJX) announced a 13% increase in its quarterly dividend to $0.375 per share, payable on June 6, 2024, to shareholders of record as of May 16, 2024. This marks the 27th dividend increase in 28 years, with a compound annual growth rate of 20%. Additionally, TJX plans to continue its share buyback program with $2.0 to $2.5 billion in repurchases for Fiscal 2025, reflecting confidence in continued sales growth, profitability, and strong cash flow.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 4:44 pm

Over the past 15 years, TJX Companies (NYSE:TJX) has produced an average annual return of 20.02%, outperforming the market by 7.05% on an annualized basis. A $100 investment in TJX 15 years ago would be worth $1,575.80 today. The company currently has a market capitalization of $113.84 billion.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 4:00 pm

Insiders at Dell, Apollo Global Management, Verint Systems, and TJX Companies have recently sold significant amounts of shares. These sales could indicate various strategic decisions or perspectives on the companies' valuations. Dell's CEO sold shares worth around $323.1 million, Apollo's Leon D Black sold shares worth approximately $49.8 million, Verint's CEO sold shares for about $1.05 million, and TJX's CEO sold shares valued at around $1.98 million. These transactions occur amidst various company developments, such as Dell's collaboration with NVIDIA and Apollo's bid for Paramount Global's film and TV studio.

Portfolio Pulse from Avi Kapoor

March 22, 2024 | 12:19 pm

Kohl's reported a swing to profit in Q4 but missed revenue estimates and issued weak guidance for the year ahead. The company announced a partnership with Babies R Us to combat slumping sales and attract younger shoppers. Despite a slight decline in full-year sales, Kohl's saw an improvement in gross margin and net income. TJX Companies also reported strong holiday quarter performance but provided a cautious outlook.

Portfolio Pulse from Upwallstreet

March 15, 2024 | 1:42 pm

Over the past 20 years, TJX Companies (NYSE:TJX) has produced an average annual return of 14.95%, outperforming the market by 6.97%. A $1000 investment in TJX stock 20 years ago would be worth $16,237.26 today. The company's current market capitalization stands at $110.74 billion.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 7:00 pm

UBS analyst Manav Gupta maintains a Neutral rating on TJX Companies (NYSE:TJX) and raises the price target from $95 to $104.

Portfolio Pulse from Benzinga Newsdesk

March 01, 2024 | 4:49 pm

In the last three months, TJX Companies (NYSE:TJX) received diverse analyst ratings, with a shift towards a more positive outlook. The average 12-month price target for TJX has increased to $106.4, up 6.4% from $100. TJX's financial performance shows strong growth, with a revenue increase of 9.02% as of October 31, 2023, and outperforming industry averages in net margin, ROE, and ROA. The company's debt management is also highlighted as sound, with a debt-to-equity ratio of 1.83.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 8:00 pm

TJX Companies, Inc. (NYSE:TJX) reported Q4 sales surpassing expectations at $16.40 billion against the forecasted $16.21 billion. Earnings per share were $1.12, aligning with market estimates. The company announced a stock repurchase plan of $2.0 to $2.5 billion and a 13% dividend increase for 2024. FY25 earnings are projected between $3.94 and $4.02 per share, with a 2% to 3% rise in comparable store sales. Following the report, Telsey Advisory Group and BMO Capital raised their price targets for TJX.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 1:23 pm

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