TJX stock: buy or sell?

TJX stock price: $54.86 2.54% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

4

TJX Companies shares rose 2.54% to $54.86 today.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean TJX will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.
Is TJX a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-16Loop CapitalHoldBuy
2019-7-3Argusn/aBuy
2019-6-25Nomuran/aBuy
2019-5-22Credit Suisse Groupn/aNeutral
2019-2-28Telsey Advisory GroupOutperformOutperform
2019-2-28Morgan Stanleyn/aBuy
2019-2-28MKM PartnersBuyBuy
2019-2-27Loop Capitaln/aHold
2019-1-31Telsey Advisory GroupMarket PerformOutperform

TJX stock analysis

Daily outlook

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 stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $57.90

How 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:
TJX stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-16Loop CapitalUpgrades$50.00$60.0020%
2019-6-25NomuraRaises Target$57.00$60.005.3%
2019-5-22Credit Suisse GroupRaises Target$55.00$56.001.8%
2019-2-28Telsey Advisory GroupReiterates$56.00$62.0010.7%
2019-2-28Morgan StanleyReiteratesn/a$58.00-
2019-2-28MKM PartnersRaises Target$58.00$61.005.2%
2019-2-27Loop CapitalReiterates$47.00$50.006.4%
2019-1-31Telsey Advisory GroupUpgrades$51.00$56.009.8%
(in average)$53.40$57.908.0%
The price target for TJX Companies stock is $57.90, moving in a range between $62.00 and $50.00. In average, analysts' outlook on TJX price forecast is positive, improving the target by a 8.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
TJX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.82n/a
2017-Q3-n/a0.85n/a
2017-Q42017-11-14110.0%
2018-Q12018-02-280.640.697.8%
2018-Q22018-05-220.510.569.8%
2018-Q32018-08-210.520.5811.5%
2018-Q42018-11-200.610.633.3%
2019-Q12019-02-270.680.59-13.2%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared 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.

TJX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$27,420 M-$2,140 M7.8%-
2014$29,080 M6.05%$2,220 M7.6%3.74%
2015$29,078 M-0.01%$2,215 M7.6%-0.22%
2015$30,940 M6.40%$2,280 M7.4%2.93%
2016$30,945 M0.02%$2,278 M7.4%-0.10%
2016$33,180 M7.22%$2,300 M6.9%0.98%
2017$33,184 M0.01%$2,298 M6.9%-0.08%
2017$35,860 M8.07%$2,610 M7.3%13.57%
2018$35,865 M0.01%$2,608 M7.3%-0.08%
2019$38,973 M8.67%$3,060 M7.9%17.33%

Quarterly financial results

TJX 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.
TJX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$7,780 M-$536 M6.9%-
2017-Q3$8,360 M7.46%$553 M6.6%3.11%
2017-Q4$8,762 M4.81%$641 M7.3%16.00%
2018-Q1$10,961 M25.09%$877 M8.0%36.77%
2018-Q2$8,689 M-20.73%$716 M8.2%-18.34%
2018-Q3$9,331 M7.39%$740 M7.9%3.24%
2018-Q4$9,826 M5.30%$762 M7.8%3.06%
2019-Q1$11,127 M13.25%$842 M7.6%10.40%

TJX Companies ownership

When 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:

TJXAEOASNAGESGPS
Market cap$66.4 B$2.8 B$55.3 M$1.2 B$6.7 B
Total shares1,210.0 M172.2 M197.4 M81.7 M379.0 M
Float shares1,210.0 M155.9 M134.6 M46.9 M213.9 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 selling0.0%0.0%0.0%0.0%0.0%

TJX summary

Thursday, August 22nd, 2019
Open$53.64
Close$54.86
Day range$53.58 - $54.97
Previous close$53.50
Session gain2.54%
Average true range$1.68
50d mov avg$53.51
100d mov avg$53.14
200d mov avg$50.84
Daily patternlb06c
Weekly pattern lt06a

TJX Companies performance

To 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.
Stock3m6m12m
TJXTJX Companies6.73%9.92%3.20%
AEOAmerican Eagle Ou...-12.72%-17.69%-41.38%
ASNAAscena Retail-73.33%-87.56%-94.23%
GESGuess?-14.88%-27.91%-33.59%
GPSGap-16.19%-26.68%-37.68%
JWNNordstrom-19.87%-38.54%-55.81%
MMacy's-25.48%-33.88%-55.46%
ROSTRoss Stores16.06%14.43%14.13%
SMRTStein Mart4.40%-19.49%-58.70%
TGTTarget27.24%44.95%22.01%
URBNUrban Outfitters-8.47%-26.18%-50.96%

TJX Companies competitors

One 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.

Latest TJX stock news