TJX Companies (NYSE:TJX) Releases Q4 Earnings Guidance

TJX Companies (NYSE:TJX) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $1.12-1.14 for the period, compared to the consensus estimate of $1.18. TJX Companies also updated its FY 2025 guidance to 4.150-4.170 EPS.

Analysts Set New Price Targets

Several equities analysts have commented on TJX shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of TJX Companies from $130.00 to $131.00 and gave the stock a “buy” rating in a research report on Thursday. Barclays upped their target price on TJX Companies from $114.00 to $136.00 and gave the stock an “overweight” rating in a research report on Thursday, August 22nd. Morgan Stanley lifted their price target on TJX Companies from $122.00 to $129.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. StockNews.com upgraded TJX Companies from a “hold” rating to a “buy” rating in a report on Sunday, September 15th. Finally, BMO Capital Markets raised their target price on TJX Companies from $116.00 to $133.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. Three analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $129.35.

TJX Companies Trading Up 0.0 %

TJX Companies stock opened at $119.77 on Friday. TJX Companies has a 12 month low of $87.44 and a 12 month high of $122.10. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.37. The stock has a market cap of $135.08 billion, a P/E ratio of 28.18, a P/E/G ratio of 3.03 and a beta of 0.89. The company’s fifty day simple moving average is $116.49 and its 200-day simple moving average is $112.14.

TJX Companies (NYSE:TJX) last issued its earnings results on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.05. The company had revenue of $14.06 billion for the quarter, compared to analyst estimates of $13.95 billion. TJX Companies had a return on equity of 63.19% and a net margin of 8.56%. The business’s revenue was up 6.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.03 EPS. As a group, sell-side analysts forecast that TJX Companies will post 4.14 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Thursday, November 14th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.25%. The ex-dividend date is Thursday, November 14th. TJX Companies’s dividend payout ratio is 35.29%.

Insider Buying and Selling

In other news, CEO Ernie Herrman sold 15,000 shares of the stock in a transaction dated Tuesday, September 10th. The stock was sold at an average price of $117.54, for a total transaction of $1,763,100.00. Following the transaction, the chief executive officer now owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. This represents a 2.72 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.13% of the stock is currently owned by corporate insiders.

About TJX Companies

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. 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, and gourmet food departments; jewelry and accessories; and other merchandise.