TJX stock: buy or sell?
August 22nd, 2019
The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally.
Should I buy TJX stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, TJX Companies stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is TJX Companies stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 9 ratings published for TJX stock in the last 30 days. The general sentiment of these ratings is bullish for TJX stock, with 7 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-22||Credit Suisse Group||n/a||Neutral|
|2019-2-28||Telsey Advisory Group||Outperform||Outperform|
|2019-1-31||Telsey Advisory Group||Market Perform||Outperform|
TJX stock analysis
TJX Companies ended today at $54.86 and rose a great 2.54%.
TJX Companies shares rose 2.54% to $54.86 today. In the last 6 days when TJX stock price broke up the SMA200d line, it gained $4.66 (9.28%). Since SMA100d and SMA200d crossed up on May, TJX price climbed $2.92 per share (5.62%). Price climbed above $53.80 breaking the short term down trend. $53.80 should act now as a support and could be tested in the coming days. On July 15th, TJX hit a new all time high, pushing higher than on Jul/12 tops. Check different trading setups that use ATHs as triggers.
TJX Companies shares boosted 6.75% this week, ending at $54.86. Late July TJX plunged a frightening -6.48% in just one week.
TJX Companies stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last price record TJX Companies marked by mid July. Since price and SMA40w lines crossed up early June, TJX climbed $4.79 (9.57%). By mid May, SMA20w and SMA40w crossed up triggering a rise of 2.03%.
TJX stock price history
TJX IPO was on June 26th, 1987 at $0.26 per share1. Since then, TJX stock grew a 21,000.00%, with a yearly average of 656.30%. If you had invested $1,000 in TJX stock in 1987, it would worth $210,000.00 today.
1: Adjusted price after possible price splits or reverse-splits.
TJX stock historical price chart
TJX stock reached all-time highs on Jul 15th with a price of $56.90.
TJX stock price target is $57.90How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We have 8 price predictions for TJX stock released in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-5-22||Credit Suisse Group||Raises Target||$55.00||$56.00||1.8%|
|2019-2-28||Telsey Advisory Group||Reiterates||$56.00||$62.00||10.7%|
|2019-2-28||MKM Partners||Raises Target||$58.00||$61.00||5.2%|
|2019-1-31||Telsey Advisory Group||Upgrades||$51.00||$56.00||9.8%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, TJX Companies failed to meet the forecasts of the experts and posted an awful EPS of $0.59 per share when experts were expecting $0.68.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2018, last anual revenues report draw a shining growth of 8.67% to $38,972.90 million dollars. Nevertheless, its earnings margin (compared to sales) remained stable to 7.85%, that is $3,059.80 million.
|2014||$27,420 M||-||$2,140 M7.8%||-|
|2014||$29,080 M||6.05%||$2,220 M7.6%||3.74%|
|2015||$29,078 M||-0.01%||$2,215 M7.6%||-0.22%|
|2015||$30,940 M||6.40%||$2,280 M7.4%||2.93%|
|2016||$30,945 M||0.02%||$2,278 M7.4%||-0.10%|
|2016||$33,180 M||7.22%||$2,300 M6.9%||0.98%|
|2017||$33,184 M||0.01%||$2,298 M6.9%||-0.08%|
|2017||$35,860 M||8.07%||$2,610 M7.3%||13.57%|
|2018||$35,865 M||0.01%||$2,608 M7.3%||-0.08%|
|2019||$38,973 M||8.67%||$3,060 M7.9%||17.33%|
Quarterly financial resultsTJX Companies reported $11,127.30 M in sales for 2019-Q1, a 13.25% up compared to previous quarter. Reported quarter income marked $841.54 M with a profit margin of 7.56%. Profit margin remained stable a -0.19% compared to previous quarter when profit margin was 7.76%. When comparing revenues to same quarter last year, TJX Companies sales marked a slightly fine gain and raised a 1.52%. Looking back to recent quarterly results, TJX Companies posted 3 positive quarters in a row.
|2017-Q2||$7,780 M||-||$536 M6.9%||-|
|2017-Q3||$8,360 M||7.46%||$553 M6.6%||3.11%|
|2017-Q4||$8,762 M||4.81%||$641 M7.3%||16.00%|
|2018-Q1||$10,961 M||25.09%||$877 M8.0%||36.77%|
|2018-Q2||$8,689 M||-20.73%||$716 M8.2%||-18.34%|
|2018-Q3||$9,331 M||7.39%||$740 M7.9%||3.24%|
|2018-Q4||$9,826 M||5.30%||$762 M7.8%||3.06%|
|2019-Q1||$11,127 M||13.25%||$842 M7.6%||10.40%|
TJX Companies ownershipWhen you are planning to buy shares of a stock, it's worth to check its ownership structure.
TJX Companies shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.06% of all shares.
Bearish positions for TJX stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$66.4 B||$2.8 B||$55.3 M||$1.2 B||$6.7 B|
|Total shares||1,210.0 M||172.2 M||197.4 M||81.7 M||379.0 M|
|Float shares||1,210.0 M||155.9 M||134.6 M||46.9 M||213.9 M|
|- Institutional holdings (%)||93.4%||94.6%||102.1%||71.0%||60.1%|
|- Insider holdings (%)||0.1%||5.9%||11.7%||30.7%||35.9%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$53.58 - $54.97|
|Average true range||$1.68|
|50d mov avg||$53.51|
|100d mov avg||$53.14|
|200d mov avg||$50.84|
TJX Companies performanceTo measure stock performance is always good to benchmark with competitors or related stocks. For TJX Companies, the benchmark is made against American Eagle Outfitters, Ascena Retail, Guess?, Gap, Nordstrom, Macy's, Ross Stores, Stein Mart, Target and Urban Outfitters.
|AEOAmerican Eagle Ou...||-12.72%||-17.69%||-41.38%|
TJX Companies competitorsOne check before investing in any stock is to review a list of its competitors, in this case for TJX Companies. We chose 10 companies as TJX Companies competitors as they are in the same industry or have similar market objectives.
- American Eagle Outfitters (AEO)
- Ascena Retail (ASNA)
- Guess? (GES)
- Gap (GPS)
- Nordstrom (JWN)
- Macy's (M)
- Ross Stores (ROST)
- Stein Mart (SMRT)
- Target (TGT)
- Urban Outfitters (URBN)
Latest TJX stock news
- InvestorPlace3 Big Stock Charts for Wednesday: Oracle, Lamb Weston Holdings and TJX CompaniesMay 22, 2019
- Seeking AlphaTJX Companies Vs. Ross Stores: Looking For The Best BetMay 3, 2019
- InvestorPlaceWhat to Expect From TJX Companies Stock in the Months AheadJanuary 2, 2019
- Seeking AlphaTJX Companies Is Finally A Buy AgainDecember 29, 2018
- Seeking AlphaTJX Companies: Good Entry PointDecember 11, 2018