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NYSE: TJX
Tjx Companies Inc Stock Forecast, Predictions & Price Target

Analyst price target for TJX

Based on 7 analysts offering 12 month price targets for Tjx Companies Inc.
Min Forecast
$68.00+5.1%
Avg Forecast
$76.29+17.91%
Max Forecast
$87.00+34.47%

Should I buy or sell TJX stock?

Strong Buy
Strong Buy
4 analysts 57.14%
Buy
1 analysts 14.29%
Hold
2 analysts 28.57%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

TJX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Paul Trussell
Deutsche Bank
Strong BuyMaintains$84.00+29.83%2021-05-20
Adrienne Yih
Barclays
Strong BuyMaintains$87.00+34.47%2021-05-20
Ike Boruchow
Wells Fargo
Strong BuyMaintains$75.00+15.92%2021-03-23
Anonymous
Morgan Stanley
Strong BuyMaintains$76.00+17.47%2021-01-20
Michael Binetti
Credit Suisse
BuyMaintains$75.00+15.92%2021-05-20
Chuck Grom
Gordon Haskett
HoldDowngrades$68.00+5.10%2021-02-25
Paul Lejuez
Citigroup
HoldDowngrades$69.00+6.65%2020-12-11

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Forecast return on equity

Is TJX forecast to generate an efficient return?
Company
61.9%
Industry
173.32%
Market
61.45%
TJX's Return on Equity is forecast to be high in 3 years (61.9%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is TJX forecast to generate an efficient return on assets?
Company
12.54%
Industry
11.77%
Market
19.05%
TJX is forecast to generate higher Return on Assets (12.54%) than the US Consumer Cyclical industry average (11.77%)
Forecast

TJX earnings per share forecast

What is TJX's earnings per share in the next 3 years based on estimates from 12 analysts?
Avg 1 year Forecast
$2.57+104.23%
Avg 2 year Forecast
$3.19+153.25%
Avg 3 year Forecast
$3.15+150%
TJX's earnings are forecast to grow at an exceptional rate of 44.59% per year
Forecast

TJX revenue forecast

What is TJX's revenue in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$45.8B+21.22%
Avg 2 year Forecast
$48.9B+29.34%
Avg 3 year Forecast
$50.5B+33.53%
TJX's revenue is forecast to grow at a rate of 10.81% per year, which is not exceptional
Forecast

TJX earnings growth forecast

How is TJX forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
44.59%
Industry
29.48%
Market
19.61%
TJX's earnings are forecast to grow faster (44.59% per year) than the US Consumer Cyclical industry average (29.48%)
Forecast
TJX's earnings are forecast to grow faster (44.59% per year) than the US market average (19.61%)
Forecast
TJX's earnings are forecast to grow faster (44.59% per year) than the risk-free savings rate (1.5%)
Forecast

TJX revenue growth forecast

How is TJX forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
10.81%
Industry
25.39%
Market
14.6%
TJX's revenues are forecast to grow slower (10.81% per year) than the US Consumer Cyclical industry average (25.39%)
Forecast
TJX's revenues are forecast to grow slower (10.81% per year) than the US market average (14.6%)
Forecast

Tjx Companies Stock Forecast FAQ

Is Tjx Companies Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NYSE: TJX) stock is to Strong Buy TJX stock.

Out of 7 analysts, 4 (57.14%) are recommending TJX as a Strong Buy, 1 (14.29%) are recommending TJX as a Buy, 2 (28.57%) are recommending TJX as a Hold, 0 (0%) are recommending TJX as a Sell, and 0 (0%) are recommending TJX as a Strong Sell.

What is TJX's earnings growth forecast for 2022-2024?

(NYSE: TJX) Tjx Companies's forecast annual earnings growth rate of 44.59% is forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 29.48%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 19.61%.

Tjx Companies's earnings in 2021 is $1,511,889,000.On average, 12 Wall Street analysts forecast TJX's earnings for 2022 to be $3,104,653,476, with the lowest TJX earnings forecast at $2,859,374,631, and the highest TJX earnings forecast at $3,438,488,480. On average, 10 Wall Street analysts forecast TJX's earnings for 2023 to be $3,849,900,611, with the lowest TJX earnings forecast at $3,378,164,121, and the highest TJX earnings forecast at $4,210,640,279.

In 2024, TJX is forecast to generate $3,800,434,636 in earnings, with the lowest earnings forecast at $3,800,434,636 and the highest earnings forecast at $3,800,434,636.

What is TJX's revenue growth forecast for 2022-2024?

(NYSE: TJX) Tjx Companies's forecast annual revenue growth rate of 10.81% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 25.39%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.6%.

Tjx Companies's revenue in 2021 is $37,814,735,000.On average, 9 Wall Street analysts forecast TJX's revenue for 2022 to be $55,304,110,620,643, with the lowest TJX revenue forecast at $51,462,710,918,830, and the highest TJX revenue forecast at $56,803,998,599,458. On average, 9 Wall Street analysts forecast TJX's revenue for 2023 to be $59,007,217,935,249, with the lowest TJX revenue forecast at $54,620,087,884,592, and the highest TJX revenue forecast at $62,308,608,450,455.

In 2024, TJX is forecast to generate $60,920,050,283,216 in revenue, with the lowest revenue forecast at $60,920,050,283,216 and the highest revenue forecast at $60,920,050,283,216.

What is TJX's forecast return on assets (ROA) for 2022-2024?

(NYSE: TJX) forecast ROA is 12.54%, which is higher than the forecast US Consumer Cyclical industry average of 11.77%.

What is TJX's Price Target?

According to 7 Wall Street analysts that have issued a 1 year TJX price target, the average TJX price target is $76.29, with the highest TJX stock price forecast at $87.00 and the lowest TJX stock price forecast at $68.00.

On average, Wall Street analysts predict that Tjx Companies's share price could stay at $76.29 by May 20, 2022. The average Tjx Companies stock price prediction forecasts a potential downside of N/A from the current TJX share price of $64.70.

What is TJX's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: TJX) Tjx Companies's current Earnings Per Share (EPS) is $1.26. On average, analysts forecast that TJX's EPS will be $2.57 for 2022, with the lowest EPS forecast at $2.37, and the highest EPS forecast at $2.85. On average, analysts forecast that TJX's EPS will be $3.19 for 2023, with the lowest EPS forecast at $2.80, and the highest EPS forecast at $3.49. In 2024, TJX's EPS is forecast to hit $3.15 (min: $3.15, max: $3.15).

What is TJX's forecast return on equity (ROE) for 2022-2024?

(NYSE: TJX) forecast ROE is 61.9%, which is considered strong.
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