Trending stocks today
TJX Companies (TJX-N)
NYSE:TJX
77.73
1.08
(1.40%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$78.950
Unknown
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.
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.
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.
TJX Companies(TJX-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 8
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 10
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. 8 analysts recommended to BUY the stock. 2 analysts 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 2023-06-02, TJX Companies (TJX-N) stock closed at a price of $77.725.
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.
Unlock Premium - Try 5i Free