TJX Companies (NYSE:TJX) Releases FY25 Earnings Guidance

TJX Companies (NYSE:TJXGet Free Report) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $3.94-4.02 for the period, compared to the consensus estimate of $4.12. TJX Companies also updated its FY 2025 guidance to 3.940-4.020 EPS.

TJX Companies Trading Up 0.6 %

Shares of TJX Companies stock traded up $0.57 on Wednesday, reaching $101.09. The company had a trading volume of 7,551,320 shares, compared to its average volume of 4,671,366. The firm has a market cap of $115.21 billion, a price-to-earnings ratio of 28.64, a P/E/G ratio of 2.15 and a beta of 0.86. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.19 and a quick ratio of 0.47. The firm’s 50-day moving average price is $95.53 and its two-hundred day moving average price is $91.77. TJX Companies has a 1 year low of $72.92 and a 1 year high of $102.84.

TJX Companies (NYSE:TJXGet Free Report) last announced its earnings results on Wednesday, February 28th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.12 by $0.10. The firm had revenue of $16.41 billion during the quarter, compared to analysts’ expectations of $16.20 billion. TJX Companies had a return on equity of 62.67% and a net margin of 7.85%. The company’s quarterly revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.89 EPS. As a group, research analysts predict that TJX Companies will post 3.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TJX has been the subject of a number of recent research reports. Telsey Advisory Group reiterated an outperform rating and issued a $105.00 target price on shares of TJX Companies in a report on Wednesday. Redburn Atlantic downgraded TJX Companies from a buy rating to a neutral rating and set a $100.00 price objective on the stock. in a research report on Monday, February 5th. Morgan Stanley lifted their target price on TJX Companies from $99.00 to $101.00 and gave the stock an overweight rating in a research report on Thursday, November 16th. Evercore ISI initiated coverage on shares of TJX Companies in a report on Tuesday, November 7th. They issued an outperform rating and a $105.00 price target on the stock. Finally, UBS Group raised their price target on shares of TJX Companies from $90.00 to $91.00 and gave the stock a neutral rating in a research note on Thursday, November 16th. Three investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of Moderate Buy and a consensus target price of $100.44.

Get Our Latest Research Report on TJX Companies

Insiders Place Their Bets

In other news, CEO Ernie Herrman sold 17,000 shares of TJX Companies stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $89.06, for a total value of $1,514,020.00. Following the transaction, the chief executive officer now owns 576,105 shares of the company’s stock, valued at approximately $51,307,911.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.13% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of TJX Companies by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 96,206,766 shares of the apparel and home fashions retailer’s stock worth $9,025,157,000 after buying an additional 1,071,078 shares during the last quarter. Morgan Stanley grew its position in shares of TJX Companies by 88.1% in the 4th quarter. Morgan Stanley now owns 26,619,778 shares of the apparel and home fashions retailer’s stock worth $2,118,935,000 after buying an additional 12,468,119 shares during the last quarter. Geode Capital Management LLC grew its position in TJX Companies by 1.0% during the 1st quarter. Geode Capital Management LLC now owns 20,891,507 shares of the apparel and home fashions retailer’s stock worth $1,632,900,000 after purchasing an additional 209,152 shares during the last quarter. Moneta Group Investment Advisors LLC grew its position in TJX Companies by 90,089.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 19,788,543 shares of the apparel and home fashions retailer’s stock worth $1,575,168,000 after purchasing an additional 19,766,602 shares during the last quarter. Finally, Norges Bank purchased a new stake in TJX Companies during the 4th quarter worth approximately $891,631,000. Hedge funds and other institutional investors own 89.28% of the company’s stock.

About TJX Companies

(Get Free Report)

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.

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Earnings History and Estimates for TJX Companies (NYSE:TJX)

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