TJX Companies (NYSE:TJX) Updates FY 2025 Earnings Guidance

TJX Companies (NYSE:TJX) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.150-4.170 for the period, compared to the consensus earnings per share estimate of 4.170. The company issued revenue guidance of -. TJX Companies also updated its Q4 guidance to $1.12-1.14 EPS.

TJX Companies Stock Up 0.2 %

TJX Companies stock opened at $119.74 on Thursday. The company has a market cap of $135.05 billion, a P/E ratio of 28.92, a price-to-earnings-growth ratio of 3.03 and a beta of 0.89. TJX Companies has a 1-year low of $87.44 and a 1-year high of $122.10. The company has a fifty day simple moving average of $116.46 and a 200 day simple moving average of $112.09. The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 0.37.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, November 20th. The apparel and home fashions retailer reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.05. TJX Companies had a net margin of 8.56% and a return on equity of 63.19%. The company had revenue of $14.06 billion during the quarter, compared to the consensus estimate of $13.95 billion. During the same quarter last year, the firm posted $1.03 EPS. The company’s quarterly revenue was up 6.0% on a year-over-year basis. Research analysts anticipate that TJX Companies will post 4.14 earnings per share for the current fiscal year.

TJX Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 5th. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, November 14th. TJX Companies’s dividend payout ratio is presently 36.23%.

Analysts Set New Price Targets

Several brokerages have weighed in on TJX. Morgan Stanley lifted their price objective on shares of TJX Companies from $122.00 to $129.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. Robert W. Baird upped their price objective on shares of TJX Companies from $113.00 to $128.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. Jefferies Financial Group upped their price objective on shares of TJX Companies from $130.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. BMO Capital Markets upped their target price on shares of TJX Companies from $116.00 to $133.00 and gave the stock an “outperform” rating in a research note on Thursday, August 22nd. Finally, TD Cowen increased their target price on shares of TJX Companies from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Three equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $127.41.

Insider Activity at TJX Companies

In other TJX Companies news, CEO Ernie Herrman sold 15,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the chief executive officer now owns 536,148 shares of the company’s stock, valued at approximately $63,018,835.92. This trade represents a 2.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.13% of the stock is currently owned by company 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.