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

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

TJX Companies Price Performance

TJX Companies stock opened at $102.14 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.64 and a current ratio of 1.23. TJX Companies has a 52 week low of $75.65 and a 52 week high of $104.98. The stock has a market capitalization of $115.72 billion, a P/E ratio of 25.34, a price-to-earnings-growth ratio of 2.67 and a beta of 0.87. The stock has a fifty day moving average of $97.27 and a 200-day moving average of $95.09.

TJX Companies (NYSE:TJXGet Free Report) last posted its quarterly earnings results on Wednesday, May 22nd. The apparel and home fashions retailer reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.06. TJX Companies had a return on equity of 64.26% and a net margin of 8.47%. The company had revenue of $12.48 billion during the quarter, compared to analysts’ expectations of $12.48 billion. During the same quarter in the previous year, the firm earned $0.76 EPS. TJX Companies’s revenue was up 5.9% on a year-over-year basis. On average, sell-side analysts expect that TJX Companies will post 4.08 earnings per share for the current fiscal 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 issued a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Wednesday, May 15th. This is a boost from TJX Companies’s previous quarterly dividend of $0.33. TJX Companies’s dividend payout ratio is presently 37.22%.

TJX Companies declared that its Board of Directors has initiated a share repurchase program on Wednesday, February 28th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the apparel and home fashions retailer to reacquire up to 2.2% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on TJX. The Goldman Sachs Group raised TJX Companies from a neutral rating to a buy rating and upped their target price for the stock from $100.00 to $110.00 in a report on Thursday, April 25th. Telsey Advisory Group increased their price target on TJX Companies from $112.00 to $115.00 and gave the company an outperform rating in a research note on Thursday. BMO Capital Markets increased their price target on TJX Companies from $95.00 to $110.00 and gave the company an outperform rating in a research note on Thursday, February 29th. Evercore ISI set a $113.00 price target on TJX Companies in a research note on Tuesday. Finally, UBS Group increased their price target on TJX Companies from $132.00 to $134.00 and gave the company a buy rating in a research note on Thursday. Two equities research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of Moderate Buy and a consensus target price of $110.05.

Get Our Latest Analysis on TJX

Insider Activity

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

TJX Companies Company Profile

(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.

Further Reading

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

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