TJX Companies (NYSE:TJX) Issues FY 2025 Earnings Guidance

TJX Companies (NYSE:TJX) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 4.030-4.090 for the period, compared to the consensus EPS estimate of 4.100. The company issued revenue guidance of -. TJX Companies also updated its FY25 guidance to $4.03-4.09 EPS.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TJX. BMO Capital Markets upped their target price on TJX Companies from $95.00 to $110.00 and gave the company an outperform rating in a report on Thursday, February 29th. Barclays increased their price objective on TJX Companies from $109.00 to $114.00 and gave the stock an overweight rating in a report on Thursday. Robert W. Baird increased their price objective on TJX Companies from $110.00 to $113.00 and gave the stock an outperform rating in a report on Thursday. TD Cowen increased their price objective on TJX Companies from $119.00 to $120.00 and gave the stock a buy rating in a report on Friday, May 17th. Finally, Redburn Atlantic downgraded TJX Companies from a buy rating to a neutral rating and set a $100.00 price objective for the company. in a report on Monday, February 5th. Two investment analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus target price of $110.05.

TJX Companies Trading Down 0.9 %

Shares of NYSE:TJX opened at $100.19 on Friday. The stock has a market capitalization of $113.51 billion, a price-to-earnings ratio of 24.86, a PEG ratio of 2.72 and a beta of 0.87. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.64 and a current ratio of 1.23. The stock’s 50-day simple moving average is $97.18 and its two-hundred day simple moving average is $95.01. TJX Companies has a 52-week low of $75.65 and a 52-week high of $104.98.

TJX Companies (NYSE:TJX) last announced its earnings results on Wednesday, May 22nd. The apparel and home fashions retailer reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.06. The business had revenue of $12.48 billion for the quarter, compared to analysts’ expectations of $12.48 billion. TJX Companies had a return on equity of 64.26% and a net margin of 8.47%. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period last year, the firm posted $0.76 earnings per share. Analysts expect that TJX Companies will post 4.05 EPS for the current year.

TJX Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 6th. Shareholders of record on Thursday, May 16th will be given a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.50%. This is a boost from TJX Companies’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend is Wednesday, May 15th. TJX Companies’s dividend payout ratio (DPR) is presently 37.22%.

TJX Companies declared that its board has authorized a share buyback plan on Wednesday, February 28th that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the apparel and home fashions retailer to purchase up to 2.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Insider Activity

In other news, EVP Louise Greenlees sold 2,694 shares of TJX Companies stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $98.83, for a total transaction of $266,248.02. Following the transaction, the executive vice president now directly owns 50,273 shares of the company’s stock, valued at approximately $4,968,480.59. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, CEO Ernie Herrman sold 20,000 shares of TJX Companies stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $98.98, for a total transaction of $1,979,600.00. Following the sale, the chief executive officer now owns 515,801 shares of the company’s stock, valued at approximately $51,053,982.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Louise Greenlees sold 2,694 shares of TJX Companies stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $98.83, for a total value of $266,248.02. Following the sale, the executive vice president now directly owns 50,273 shares in the company, valued at approximately $4,968,480.59. The disclosure for this sale can be found here. Insiders own 0.13% of the company’s stock.

TJX Companies Company Profile

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.