TJX stock: buy or sell?
September 20th, 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?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.
|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?
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.
|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 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.
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 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 $57.90Nobody 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:
|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 didn't meet the forecasts of the analysts and posted a fatal 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 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.
|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 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.
|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 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:
|Market cap||$66.3 B|
|Total shares||1,210.0 M|
|Float shares||1,210.0 M|
|- Institutional holdings (%)||93.4%|
|- Insider holdings (%)||0.1%|
|Shares in short selling||0.0%|
|Friday, September 20th, 2019|
|Day range||$54.73 - $56.65|
|Average true range||$1.00|
|50d mov avg||$54.29|
|100d mov avg||$53.42|
|200d mov avg||$51.38|
TJX Companies performanceStocks 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:
TJX Companies competitorsUnfortunately, 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
- 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