Beyond The Numbers: 12 Analysts Discuss TJX Companies Stock

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Throughout the last three months, 12 analysts have evaluated TJX Companies TJX, offering a diverse set of opinions from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 6 1 0 0
Last 30D 0 0 1 0 0
1M Ago 0 0 0 0 0
2M Ago 5 6 0 0 0
3M Ago 0 0 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for TJX Companies, presenting an average target of $134.5, a high estimate of $145.00, and a low estimate of $120.00. Witnessing a positive shift, the current average has risen by 2.03% from the previous average price target of $131.83.

price target chart

Deciphering Analyst Ratings: An In-Depth Analysis

The standing of TJX Companies among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Ike Boruchow Wells Fargo Raises Equal-Weight $120.00 $115.00
Dana Telsey Telsey Advisory Group Maintains Outperform $134.00 $134.00
Corey Tarlowe Jefferies Raises Buy $145.00 $140.00
Robert Drbul Guggenheim Raises Buy $140.00 $135.00
Mark Altschwager Baird Raises Outperform $138.00 $133.00
John Kernan TD Cowen Raises Buy $132.00 $130.00
Dana Telsey Telsey Advisory Group Maintains Outperform $134.00 $134.00
Michael Binetti Evercore ISI Group Raises Outperform $142.00 $138.00
Gabriella Carbone Deutsche Bank Raises Buy $131.00 $130.00
Dana Telsey Telsey Advisory Group Maintains Outperform $134.00 $134.00
John Kernan TD Cowen Raises Buy $130.00 $125.00
Dana Telsey Telsey Advisory Group Maintains Outperform $134.00 $134.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to TJX Companies. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of TJX Companies compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of TJX Companies's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of TJX Companies's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on TJX Companies analyst ratings.

Discovering TJX Companies: A Closer Look

TJX Companies is the leading off-price retailer of apparel, accessories, and home merchandise in the United States. The firm leverages its more than 20,000 global vendor relationships to procure and sell brand-name merchandise at prices 20%-60% cheaper than conventional retail channels. TJX opportunistically purchases excess inventory that stems from manufacturing overruns and retail closeout sales. The off-price retailer disperses its vast and disparate merchandise across its 5,000 global stores, creating a treasure-hunt shopping experience for consumers. Over three quarters of TJX's sales are derived from the United States, primarily via the T.J. Maxx, Marshalls, and HomeGoods banners. About 10% of sales are from Canada and 12% from Europe and Australia.

Financial Milestones: TJX Companies's Journey

Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.

Revenue Growth: Over the 3 months period, TJX Companies showcased positive performance, achieving a revenue growth rate of 6.02% as of 31 October, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Consumer Discretionary sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 9.22%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): TJX Companies's ROE excels beyond industry benchmarks, reaching 16.26%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): TJX Companies's ROA stands out, surpassing industry averages. With an impressive ROA of 4.12%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.56, caution is advised due to increased financial risk.

Understanding the Relevance of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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