Tjx Companies is a apparel company located in Massachusetts, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker TJX on the NYSE exchange.
Tjx Companies stock last closed at $101.42, up 0.34% from the previous day, and has increased 33.08% in one year. It has overperformed other stocks in the Apparel Retail industry by 0.09 percentage points. Tjx Companies stock is currently +34.06% from its 52-week low of $75.65, and -1.38% from its 52-week high of $102.84.
At the moment, there are 1.14B shares of TJX outstanding. The market cap of TJX is $115.59B. In the last 24 hours, 4.77M TJX shares were traded.
How to Buy Tjx Companies Stock
Wondering how to invest in Tjx Companies stock? Here's how.
Choose where to buy Tjx Companies stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Tjx Companies stock.
Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
Deposit funds into your brokerage account: Choose your method of payment and add your information.
Research Tjx Companies stock: The Tjx Companies ticker symbol is TJX. Is Tjx Companies stock a good investment? Should you buy shares of TJX? How do TJX's underlying business fundamentals look? Do top analysts think Tjx Companies is a good buy? Why has TJX's stock price moved recently? (Hint: Our stock market research website can help you decide if TJX is a good stock to buy).
Make your TJX purchase: Decide if you will purchase TJX shares at the current market price or use a limit order to purchase TJX shares at a particular price.
Keep an eye on your investment in TJX: Create a watchlist to keep track of your position in Tjx Companies stock.
Step 1: Choose where to buy Tjx Companies stock
You will need an online brokerage account in order to access the NYSE market and buy TJX stock.
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Step 2: Open your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you are able to invest in TJX today.
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Step 4: Research Tjx Companies stock
After you have chosen the best place to buy Tjx Companies stock, it's crucial to evaluate their stock prior to investing, so you actually comprehend the risk and upside.
Tjx Companies Metrics
TJX Price
$101.42
1w %
2.26%
1y %
33.08%
5y %
91.14%
P/E
28.41x
P/B
16.92x
P/S
2.22x
PEG
3.34x
Revenue
$52.33B
Earnings
$4.11B
Fore. Rev. Growth
6.05%
Fore. Earn. Growth
8.5%
Market Cap
$115.59B
Next Earnings
May 15, 2024
Next Dividend
N/A
Tjx Companies Overview
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis.
You can view all of the due diligence checks on TJX's stock page.
How is TJX stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TJX's intrinsic value.
Using relative valuations methods:
TJX may be overvalued based on its P/E ratio of 28.41x, relative to Apparel Retail industry P/E ratio of 28x
TJX could be overvalued based on its P/B ratio of 16.92x, relative to Apparel Retail industry P/B ratio of 8.08x
TJX could be overvalued based on its PEG ratio of 3.34x
There are more short-term assets than long-term liabilities on the TJX balance sheet.
There are more short-term assets than short-term liabilities on the TJX balance sheet.
TJX profit margin has gone up from 6.9% to 7.9% in the past year.
TJX's operating cash flow of $6.28B allows it to safely service it's debt of $12.52B.
TJX earnings of $5.32B is not enough to cover its interest payments.
Failed Health Checks:
TJX has a relatively high debt to equity ratio of 3.44.
Total TJX debt is higher than 5 years ago, relative to shareholder equity.
Is TJX stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 10 Equities analysts who give forecasts on TJX, the consensus analyst rating on Tjx Companies is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent TJX Analyst Recommendations
Alexandra Steiger, a bottom 3% analyst from Morgan Stanley maintains TJX with a strong buy rating and raises their TJX price target from $99.00 to $101.00, on Nov 16, 2023.
Lorraine Hutchinson, a bottom 4% analyst from Bank of America maintains TJX with a strong buy rating and maintains their TJX price target from $102.00 to $102.00, on Nov 14, 2023.
Ike Boruchow, a top 16% analyst from Wells Fargo maintains TJX with a hold rating and maintains their TJX price target from $92.00 to $92.00, on Nov 14, 2023.
Gabriella Carbone, a bottom 16% analyst from Deutsche Bank maintains TJX with a strong buy rating and raises their TJX price target from $98.00 to $99.00, on Nov 14, 2023.
Michael Binetti, a top 21% analyst from Evercore ISI Group initiates coverage on TJX with a buy rating and announces their TJX price target of $105.00, on Nov 7, 2023.
Last year, TJX earnings were $4.11B. During the last 5 year, TJX's earnings have grown by 7.56% per year. This was slower than the Apparel Retail industry average of 9.41%.
Last year, TJX revenue was $52.33B. During the last five year, TJX's revenue has grown by 6.16% per year. This was slower than the Apparel Retail industry average of 8.54%.
Tjx Companies pays a dividend of 1.31%, compared to the Apparel Retail industry's average dividend yield of 3.45%. If you owned $1,000 worth of TJX stock, you would have been paid $13.11 in the past year.
Tjx Companies dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Make your TJX purchase
You have two primary options:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are mostly fine.
Limit order: A limit order allows you to buy or sell a stock at a specific price (or better). If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.
Hit the Open button and your broker will place your order.
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How much does it cost to buy one Tjx Companies share?
As of Mar 28, 2024, it costs $101.42 to buy one share of Tjx Companies stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.099 shares of TJX.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.