What is the stock price forecast for TJ Max? (2024)

What is the stock price forecast for TJ Max?

TJX Stock 12 Months Forecast

How high will TJX stock go?

$120.00

Is TJX a good stock to buy?

TJX currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.

What is the TJX stock forecast for 2025?

According to our The TJX Cos. stock prediction for 2025, TJX stock will be priced at $ 108.53 in 2025.

What is TJX stock analyst rating?

Analyst Ratings TJX Cos.

	3 Months Ago	Current
Buy	17	16
Overweight	3	3
Hold	5	6
Underweight	0	1

2 more rows

Is TJX a buy sell or hold?

Tjx Companies's analyst rating consensus is a Strong Buy. This is based on the ratings of 16 Wall Streets Analysts.

Will TJX stock go up?

On average, Wall Street analysts predict that Tjx Companies's share price could reach $100.18 by Feb 5, 2025. The average Tjx Companies stock price prediction forecasts a potential upside of 2.18% from the current TJX share price of $98.04.

How many times has TJX stock split?

Stock split history for TJX Companies (TJX)

TJX Companies stock (symbol: TJX) underwent a total of 5 stock splits.

Who is the largest shareholder of TJX?

Tjx Companies Stock Ownership FAQ

Vanguard Group Inc is the largest individual Tjx Companies shareholder, owning 95.14M shares representing 8.35% of the company. Vanguard Group Inc's Tjx Companies shares are currently valued at $9.36B.

How often does TJX pay dividends?

( TJX ) pays dividends on a quarterly basis. The next dividend payment is planned on March 7, 2024 . The TJX Companies, Inc. ( TJX ) has increased its dividends for 28 consecutive years.

Is TJX stock undervalued?

The intrinsic value of one TJX stock under the Base Case scenario is 73.43 USD. Compared to the current market price of 97.23 USD, TJX Companies Inc is Overvalued by 24%.

What is TJX debt ratio?

Financial Position

The company has a current ratio of 1.19, with a Debt / Equity ratio of 1.83.

How many outstanding shares does TJX have?

Number of shares outstanding as of January 2024 : 1,144,000,000. According to TJX Companies's latest financial reports and stock price the company's current number of shares outstanding is 1,144,000,000. At the end of 2023 the company had 1,144,000,000 shares outstanding.

Why is TJX stock dropping?

Guidance Is the Focus. Shares of TJX were falling after the off-price retailer turned in strong quarterly numbers, but issued a profit forecast that fell short of expectations.

Is TJX a good dividend stock?

Yes, TJX's past year earnings per share was $3.53, and their annual dividend per share is $1.33. TJX's dividend payout ratio is 28.22% ($1.33/$3.53) which is sustainable.

Why did TJX stock drop?

TJX Shares Drop After Lowering Its Profit Guidance for Key Holiday Quarter.

How is TJX doing financially?

The company reported net income of $1.19 billion, or $1.03 per share, for the quarter, compared with $1.06 billion, or 91 cents a share, a year earlier. Sales rose to $13.27 billion, up about 9% from $12.17 billion a year earlier. For the third time this year, TJX Cos. raised its full-year guidance.

What is the future of TJX Companies?

Future Growth

TJX Companies is forecast to grow earnings and revenue by 7.5% and 5.1% per annum respectively. EPS is expected to grow by 9.5% per annum. Return on equity is forecast to be 63.2% in 3 years.

Is TJX recession proof?

Maxx's Recession-Proof Pricing Strategy, Explained. A decades-old TJ Maxx commercial promises customers “the max for the minimum price” and says the store is “never the same place twice.” WSJ explains how the off-price retailer uses consumer psychology to convince customers that they're getting a bargain.

Who is TJX owned by?

The TJX Companies, Inc.

(abbreviated TJX) is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. It was formed as a subsidiary of Zayre Corp. in 1987, and became the legal successor to Zayre Corp. following a company reorganization in 1989.

Did TJX increase dividends?

TJX has been focused on rewarding shareholders through dividend hikes and share repurchases. Moving on these lines, the company unveiled a 13% raise in its quarterly dividend, taking it to 33.25 cents per share.

How many shares will you own after the split?

The most common splits are two-for-one or three-for-one. A stockholder gets two or three shares respectively for every share held.

When stocks split is that good?

Stock splits can improve trading liquidity and make the stock seem more affordable. In a stock split the number of outstanding shares increases and the price per share decreases proportionately, while the market capitalization and the value of the company do not change.

Is TJX a profitable company?

TJX gross profit for the twelve months ending October 31, 2023 was $15.172B, a 10.28% increase year-over-year. TJX annual gross profit for 2023 was $13.787B, a 0.35% decline from 2022. TJX annual gross profit for 2022 was $13.836B, a 81.98% increase from 2021.

Why is TJX so successful?

“The company's inventory is quickly paced because its buying environment is so plentiful.” TJX invests a lot of time and money in training their buyers into becoming “intelligent risk takers,” as former CEO and current board chairwoman Carol Meyrowitz put it in Harvard Business Review.

What is the stock price forecast for TJ Max? (2024)