The Tjx Companies Stock Today

TJX Stock  USD 101.86  0.78  0.77%   

Performance

11 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 1

 
100  
 
Zero
Very Small
T.J. Maxx is trading at 101.86 as of the 28th of March 2024; that is 0.77% increase since the beginning of the trading day. The stock's open price was 101.08. T.J. Maxx has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for The TJX Companies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of May 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
5th of January 1988
Category
Consumer Cyclical
Classification
Consumer Discretionary
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer. The company was incorporated in 1962 and is headquartered in Framingham, Massachusetts. T.J. Maxx operates under Apparel Retail classification in the United States and is traded on New York Stock Exchange. The company has 1.14 B outstanding shares of which 13.55 M shares are at this time shorted by investors with about 2.66 days to cover. More on The TJX Companies

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T.J. Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. T.J. Maxx's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding T.J. Maxx or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, T.J. Maxx's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to T.J. Maxx's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOErnie Herrman
Thematic IdeaImpulse (View all Themes)
Business ConcentrationSpecialty Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, SP 500 Index, ARCA Institutional, Impulse, Consumer Discretionary, Specialty Retail, Apparel Retail, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering T.J. Maxx report their recommendations after researching T.J. Maxx's financial statements, talking to executives and customers, or listening in on T.J. Maxx's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering TJX Companies. The T.J. consensus assessment is calculated by taking the average forecast from all of the analysts covering T.J. Maxx.
Financial Strength
Based on the key measurements obtained from T.J. Maxx's financial statements, The TJX Companies is performing exceptionally good at the moment. It has a great risk to report excellent financial results in April. Financial strength of TJX Companies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.10.1504
Way Down
Slightly volatile
Asset Turnover2.791.8226
Way Up
Slightly volatile
Gross Profit Margin0.20.3
Way Down
Slightly volatile
Total Current Liabilities11 B10.5 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total12.6 B12 B
Sufficiently Up
Slightly volatile
Total Assets31.2 B29.7 B
Sufficiently Up
Slightly volatile
Total Current Assets13.3 B12.7 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities6.4 B6.1 B
Sufficiently Up
Slightly volatile
T.J. Maxx's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to T.J. Maxx's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
T.J. Maxx's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of T.J. Maxx's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand T.J. Maxx's financial leverage. It provides some insight into what part of T.J. Maxx's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on T.J. Maxx's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how T.J. Maxx deploys its capital and how much of that capital is borrowed.
Liquidity
T.J. Maxx cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 12.54 B in debt with debt to equity (D/E) ratio of 2.23, meaning that the company heavily relies on borrowing funds for operations. TJX Companies has a current ratio of 1.14, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist T.J. Maxx until it has trouble settling it off, either with new capital or with free cash flow. So, T.J. Maxx's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TJX Companies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for T.J. to invest in growth at high rates of return. When we think about T.J. Maxx's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

1.81 Billion
The TJX Companies (TJX) is traded on New York Stock Exchange in USA. It is located in 770 Cochituate Road, Framingham, MA, United States, 01701 and employs 27 people. T.J. Maxx is listed under Specialty Retail category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a total capitalization of 115.2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate T.J. Maxx's market, we take the total number of its shares issued and multiply it by T.J. Maxx's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TJX Companies runs under Specialty Retail sector within Consumer Discretionary industry. The entity has 1.14 B outstanding shares of which 13.55 M shares are at this time shorted by investors with about 2.66 days to cover. The TJX Companies has about 5.48 B in cash with 6.06 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.87.
Check T.J. Maxx Probability Of Bankruptcy
Ownership Allocation
TJX Companies shows a total of 1.14 Billion outstanding shares. The majority of TJX Companies outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in T.J. Maxx to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in TJX Companies. Please pay attention to any change in the institutional holdings of The TJX Companies as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check T.J. Ownership Details

T.J. Stock Price Odds Analysis

Based on a normal probability distribution, the odds of T.J. Maxx jumping above the current price in 90 days from now is about 1.41%. The The TJX Companies probability density function shows the probability of T.J. Maxx stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon T.J. Maxx has a beta of 0.6358. This usually implies as returns on the market go up, T.J. Maxx average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The TJX Companies will be expected to be much smaller as well. Additionally, the TJX Companies has an alpha of 0.0734, implying that it can generate a 0.0734 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 101.86HorizonTargetOdds Above 101.86
98.55%90 days
 101.86 
1.41%
Based on a normal probability distribution, the odds of T.J. Maxx to move above the current price in 90 days from now is about 1.41 (This The TJX Companies probability density function shows the probability of T.J. Stock to fall within a particular range of prices over 90 days) .

T.J. Stock Institutional Holders

Institutional Holdings refers to the ownership stake in T.J. Maxx that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of T.J. Maxx's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing T.J. Maxx's value.
InstituionRecorded OnShares
Royal Bank Of Canada2023-12-31
14.2 M
Primecap Management Company2023-12-31
13.5 M
Northern Trust Corp2023-12-31
13.1 M
Hhg Plc2023-12-31
12.9 M
Norges Bank2023-12-31
12.7 M
Alecta Pensionsforsakring, Omsesidigt2023-12-31
12.7 M
Amundi2023-12-31
12.4 M
Nuveen Asset Management, Llc2023-12-31
11.8 M
Goldman Sachs Group Inc2023-12-31
11.5 M
Vanguard Group Inc2023-12-31
96.2 M
Blackrock Inc2023-12-31
87.7 M
View T.J. Maxx Diagnostics

T.J. Maxx Historical Income Statement

The TJX Companies Income Statement is one of the three primary financial statements used for reporting T.J.'s overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TJX Companies revenue and expense. T.J. Maxx Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, T.J. Maxx's Total Other Income Expense Net is fairly stable compared to the past year. Net Income is likely to rise to about 4.7 B in 2024, whereas Net Income From Continuing Ops is likely to drop slightly above 2.4 B in 2024. View More Fundamentals

T.J. Stock Against Markets

Picking the right benchmark for T.J. Maxx stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in T.J. Maxx stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for T.J. Maxx is critical whether you are bullish or bearish towards The TJX Companies at a given time. Please also check how T.J. Maxx's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in T.J. Maxx without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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T.J. Maxx Corporate Directors

T.J. Maxx corporate directors refer to members of a T.J. Maxx board of directors. The board of directors generally takes responsibility for the T.J. Maxx's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of T.J. Maxx's board members must vote for the resolution. The T.J. Maxx board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Zein AbdallaIndependent DirectorProfile
Amy LaneIndependent DirectorProfile
Willow ShireIndependent DirectorProfile
David ChingIndependent DirectorProfile

How to buy T.J. Stock?

Before investing in T.J. Maxx, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in T.J. Maxx. To buy T.J. Maxx stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of T.J. Maxx. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase T.J. Maxx stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located The TJX Companies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased The TJX Companies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as The TJX Companies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy T.J. Stock please use our How to Invest in T.J. Maxx guide.

Already Invested in The TJX Companies?

The danger of trading The TJX Companies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of T.J. Maxx is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than T.J. Maxx. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TJX Companies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether TJX Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of T.J. Maxx's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Tjx Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Tjx Companies Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in The TJX Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running T.J. Maxx's price analysis, check to measure T.J. Maxx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.
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Is T.J. Maxx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T.J. Maxx. If investors know T.J. will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T.J. Maxx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.373
Dividend Share
1.33
Earnings Share
3.86
Revenue Per Share
46.779
Quarterly Revenue Growth
0.13
The market value of TJX Companies is measured differently than its book value, which is the value of T.J. that is recorded on the company's balance sheet. Investors also form their own opinion of T.J. Maxx's value that differs from its market value or its book value, called intrinsic value, which is T.J. Maxx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T.J. Maxx's market value can be influenced by many factors that don't directly affect T.J. Maxx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T.J. Maxx's value and its price as these two are different measures arrived at by different means. Investors typically determine if T.J. Maxx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T.J. Maxx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.