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Investor Insights

This summary was created by AI, based on 13 opinions in the last 12 months.

The experts have mixed opinions on TJX Companies. Some believe that it is a strong business with pricing power and the ability to benefit from excess inventory and weakening consumers, while others see it as an expensive stock trading at a premium. They agree that TJX has performed well in recent quarters, but there are concerns about its valuation and potential performance during an economic recovery. Overall, the company is seen as a conservative and stable investment choice.

Consensus
Mixed
Valuation
Fair Value
BUY ON WEAKNESS
TJX Companies

It reports Wednesday. Investors typically sell this, even on good results, which creates a buying opportunity.

clothing stores
BUY ON WEAKNESS
TJX Companies

Not a cheap stock, but are benefitting from excess inventory of recent years. They increased their comp guidance last quarter from 3-4% to 4-5%, unheard of for them. Has owned this forever. They have pricing power. Buy on the day they report earnings, because it always sells on the news.

clothing stores
COMMENT
TJX Companies

The question was on his preference between Walmart or TJX. Walmart is at an attractive valuation and TJX has done well. However he prefers 5 Below (FIVE) and would wait for a pullback to buy the stock.

clothing stores
BUY
TJX Companies
TJX or Costco?

Both. Buy them 50/50. Costco is about their memberships, and TJX is the best off-price retailer around.

clothing stores
BUY
TJX Companies

They reported last Wednesday despite beating their quarter. But they slightly lowered their earnings forecast, so shares fell. Remains an excellent, conservative company. Weakening consumers will spend more here in the future.

clothing stores
BUY
TJX Companies

They saw two price target hikes today. TJX does well only when other retailers are struggling (a sign of a weakening economy). Once a consumer gets hooked on TJX, they don't go back.

clothing stores
BUY
TJX Companies

Made a new high today. Strong earnings and good performance. Happy to own it.

clothing stores
DON'T BUY
TJX Companies

Disconnect between a company and the stock. Trading at high end of multiple range, now at a 35% premium to the market. Price has already baked in investors using it as a place to hide out for an upcoming downturn.

clothing stores
BUY
TJX Companies

Upgraded today. TJX will benefit from consumers trading down and from new home sales. Also, they benefit from excess inventory in the sector. Not cheap, but still likes it. Can do 2-3% comps over long term, and shipping costs are coming down.

clothing stores
premium

It's a Monthly Gems opinion which is available only for Premium members

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK
TJX Companies

Last month, TJX's $0.76 beat the street's $0.71, though revenues just missed the hoped-for $11.82 billion by a hair. TJX trades at 23.44x, which is right below its five-year median and well below its five-year mathematical average of 88.93x. Its beta of 0.91 offers some stability, though it pays only a 1.73% dividend yield, not ideal for Canadian income seekers. However, TJX keeps delivering , boasting three beats and one in-line quarter in the past year. Shipping rates have declined and foot traffic is up, and should rise this summer. Stockchaser Trevor Rose feels optimistic about the company's outlook.

clothing stores
BUY
TJX Companies
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

TJX reported EPS of $0.76 vs $0.71 expected. Revenues of $11.78 mln were just shy of expectations at $11.82 mln, but essentially in-line and raised their annual profit guidance. The quarter was helped by freight rates coming down and they also noted an uptick in traffic recently. The results looked fine here and the outlook sounds optimistic even in the face of a more conservative expectation for Q2.
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clothing stores
BUY ON WEAKNESS
TJX Companies

Good business during recession or, tough economic times (discount prices).
If economy recovers, won't perform as well.
Wait for share price to fall before buying (currently expensive).
Overall, a strong business. 

clothing stores
TOP PICK
TJX Companies

Major player in discount retail business.
Believes large market for small purchases in retail sector.
Not worried about the threat of online shopping. 
Lots of shoppers still spending money on discount items. 

clothing stores
premium

It's a Monthly Gems opinion which is available only for Premium members

Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK
TJX Companies

Problem is, the street already knows this and has driven up TJX shares near 52-week highs from $56 to $80 in the last quarter. The stock has settled around $80 for the past month. However, there's still some room to grow because of this recessionary tailwind. Company earnings are expected to rise 40% in coming years, so there's a lot of optimism in this name. Its loyalty card program continues to attract customers across various demographics including Gen Z'ers and millennials who enjoy treasure hunting among the hand-me-down wares. The company is expanding, but not recklessly, increasing square footage by 1% quarter-over-quarter most recently.

clothing stores
BUY
TJX Companies
They bought a lot of excess inventory this year, and he expects more buying because some retailers won't survive. Because their prices are so low, this will be a winner in 2023 as consumers trade down during the slowdown.
clothing stores
Showing 1 to 15 of 63 entries

TJX Companies(TJX-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 10

Stockchase rating for TJX Companies is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

TJX Companies(TJX-N) Frequently Asked Questions

What is TJX Companies stock symbol?

TJX Companies is a American stock, trading under the symbol TJX-N on the New York Stock Exchange (TJX). It is usually referred to as NYSE:TJX or TJX-N

Is TJX Companies a buy or a sell?

In the last year, 10 stock analysts published opinions about TJX-N. 9 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TJX Companies.

Is TJX Companies a good investment or a top pick?

TJX Companies was recommended as a Top Pick by on . Read the latest stock experts ratings for TJX Companies.

Why is TJX Companies stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is TJX Companies worth watching?

10 stock analysts on Stockchase covered TJX Companies In the last year. It is a trending stock that is worth watching.

What is TJX Companies stock price?

On 2024-02-27, TJX Companies (TJX-N) stock closed at a price of $100.52.