TJX stock: buy or sell?

TJX stock price: $54.82 -2.90% At close on September 20th, 2019

Updated on:
September 20th, 2019

5

Shares of TJX Companies closed today at $54.82 and slipped a shocking -2.90%.

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?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with TJX Companies stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is TJX Companies stock a buy?

Banks and financial institutions publish stock ratings everyday. At Stocks2.com, we gathered 10 ratings published for TJX stock in the last month.

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
2019-9-17UBS GroupSellNeutral
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 shares slipped -2.90% to $54.82 today.

TJX Companies shares slipped -2.90% to $54.82 today. In the last 35 days when TJX stock price broke up the SMA200d line, it gained $4.62 (9.20%). On May, SMA100d and SMA200d crossed up triggering a rise of 5.54%. On Sep 11th, TJX hit a new all time high, pushing higher than on Sep 10th tops. Check different trading setups that use ATHs as triggers.

TJX stock chart (daily)

Weekly outlook

After climbing for 4 weeks, this week TJX Companies fell a fatal -3.11%, closing at $54.82. Late July TJX plummed a hair-raising -6.48% in just one week.

Not so far away is the last all-time high TJX Companies marked last week. Since early June when TJX stock price broke up the SMA40w line, it gained $4.75 (9.49%). By mid May, SMA20w and SMA40w crossed up triggering a rise of 1.95%.

TJX stock chart (weekly)

TJX stock price history

TJX stock went public on October 26th, 1992 with a price of $0.001. Since then, TJX stock grew a inf%, with a yearly average of inf%. If you had invested right after TJX's IPO a $1,000 in TJX stock in 1992, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

TJX stock historical price chart

TJX stock reached all-time highs on Sep 11th with a price of $57.31.

TJX stock price target is $57.90

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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 found 9 price forecasts for TJX stock released in the last 30 days:
TJX stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-17UBS GroupUpgrades$41.00$58.0041.5%
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)$51.90$57.9012.0%
The price prediction 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, increasing the prediction by a 12.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On February, TJX Companies didn't meet the forecasts of the analysts and posted a fatal 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 turnover report draw a shining increase of 8.67% to $38,972.90 M dollars. Nonetheless, its income margin (compared to revenues) stayed steady 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 posted $11,127.30 million in sales for 2019-Q1, a 13.25% up compared to previous quarter. Reported quarter earnings marked $841.54 million with a profit margin of 7.56%. Profit margin stayed constant 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 growth and gained a 1.52%. Looking back to recent quarterly results, TJX Companies posted 3 negative 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 invest in shares of a company, it's always worth to overview 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.

The following table compares ownership indicators for other stocks related to TJX Companies:

TJX
Market cap$66.3 B
Total shares1,210.0 M
Float shares1,210.0 M
  - Institutional holdings (%)93.4%
  - Insider holdings (%)0.1%
Shares in short selling0.0%

TJX summary

Friday, September 20th, 2019
Open$56.64
Close$54.82
Day range$54.73 - $56.65
Previous close$56.46
Session gain-2.90%
Average true range$1.00
50d mov avg$54.29
100d mov avg$53.42
200d mov avg$51.38
Daily patternlt01c
Weekly pattern

TJX Companies performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We compared TJX Companies against in the following table:
Stock3m6m12m
TJXTJX Companies4.02%5.65%1.57%

TJX Companies competitors

Unfortunately, we could not find any public company that could be defined as TJX Companies competitor. This doesn't mean TJX Companies does not have any competitor in the market, it's just we could not detected it.

    Latest TJX stock news