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

Analysts have provided mixed evaluations of TJX Companies (NYSE:TJX) with a recent shift towards a more neutral stance. The average 12-month price target has been raised to $98.5, indicating a positive outlook. TJX's financial performance is strong, with significant revenue growth, high net margin, and efficient asset management. The company's market capitalization and financial metrics surpass industry averages, reflecting its robust market position and financial health.

Portfolio Pulse from Benzinga Insights

February 05, 2024 | 12:00 pm

Redburn Atlantic analyst Daniela Nedialkova downgraded TJX Companies (NYSE:TJX) from Buy to Neutral and set a price target of $100.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 10:58 am

Financial giants have shown a bullish sentiment towards TJX Companies (NYSE:TJX), with 62% of unusual options trades being bullish. The focus is on a price range of $90.0 to $115.0 for TJX, with significant activity in both calls and puts. TJX, a leading off-price retailer, has seen its stock price increase by 0.29% to $97.34, with an upcoming earnings report in 19 days. The analysis suggests a keen market interest in TJX's options, indicating potential price movements within the specified range.

Portfolio Pulse from Benzinga Insights

February 02, 2024 | 5:00 pm

Benzinga's options activity scanner has detected notable whale activity in the Consumer Discretionary sector, involving large transactions in options for several companies. The activity includes both bullish and bearish sentiments across various expiration dates and strike prices. Notable companies with options activity include Tesla (TSLA), Playboy Group (PLBY), Caesars Entertainment (CZR), Lennar Corporation (LEN), Airbnb (ABNB), JD.com (JD), Toll Brothers (TOL), Pinduoduo (PDD), TJX Companies (TJX), and Amazon (AMZN). The details of the options trades, such as the type of option (put or call), sentiment, expiration date, strike price, total trade price, open interest, and volume, are provided for each company.

Portfolio Pulse from Benzinga Insights

January 25, 2024 | 5:35 pm

TJX Companies Inc. (NYSE:TJX) stock is currently priced at $95.48, experiencing a slight drop of 0.02%. Despite this, the stock has seen a 2.26% increase over the past month and a 16.72% rise over the past year. The P/E ratio of TJX is 26.98, which is below the Specialty Retail industry average of 27.99. This could indicate that TJX's stock is undervalued or that investors have lower growth expectations compared to its industry peers. Investors are advised to consider the P/E ratio alongside other financial metrics and qualitative factors when evaluating the company's stock.

Portfolio Pulse from Benzinga Insights

January 22, 2024 | 8:30 pm

Over the past 20 years, TJX Companies (NYSE:TJX) has produced an average annual return of 15.08%, outperforming the market by 7.64% on an annualized basis. A $1000 investment in TJX stock 20 years ago would be worth $16,481.03 today. The company's current market capitalization stands at $107.98 billion. The article highlights the significant impact of compounded returns on investment growth over time.

Portfolio Pulse from Benzinga Insights

January 19, 2024 | 7:30 pm

TJX Companies (NYSE:TJX) has seen a 3.3% rise in short interest since the last report, with 10.75 million shares sold short, representing 0.94% of available shares. It would take 2.56 days to cover all short positions. While an increase in short interest can indicate bearish sentiment, TJX's short interest is below its peer group average of 15.08%. This could be interpreted as less bearish sentiment compared to its peers or potentially bullish if short sellers are forced to cover.

Portfolio Pulse from Benzinga Insights

January 17, 2024 | 6:30 pm

$1000 invested in TJX Companies (NYSE:TJX) 10 years ago would now be worth $2,933.40, reflecting an average annual return of 11.31%. TJX has outperformed the market with a current market cap of $105.16 billion. The article highlights the impact of compounded returns over time.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 6:00 pm

TJX Companies (NYSE:TJX) has seen a decrease in short interest, with the short percent of float falling 7.77% since the last report. The company has 10.79 million shares sold short, representing 0.95% of available shares, with a cover time of 1.64 days. This decline in short interest may indicate a more bullish sentiment among investors. TJX's short interest is below its peer group average of 16.23%.

Portfolio Pulse from Benzinga Insights

December 27, 2023 | 6:45 pm

The 2023 holiday shopping season has seen Dick's Sporting Goods (DKS) and Costco (COST) on the 'nice list' with significant gains and positive analyst ratings, while Amazon (AMZN) also performed well with new 52-week highs. TJX Companies (TJX) and Walmart (WMT) are on the 'naughty list' due to disappointing guidance and stock performance, respectively. App Store data from SimilarWeb indicates strong mobile app performance for these retailers, with varying impacts on their stock prices.

Portfolio Pulse from Erica Kollmann

December 21, 2023 | 9:49 pm

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