The TJX Companies

TJX

US8725401090

Discount Stores

Real-time Estimate Cboe BZX Other stock markets 03:13:13 2024-05-15 pm EDT			5-day change	1st Jan Change
98.45 ^USD	-0.22%		-0.16%	+4.83%

May. 06	Morgan Stanley Adjusts Price Target on TJX Companies to $113 From $118	MT
May. 02	Regency Centers beats quarterly FFO estimates, raises annual forecast	RE

The TJX Companies : A possible correction

January 29, 2015 at 09:31 am EST
By Anas Boumedian

SELL

Live

Entry price	Target	Stop-loss	Potential
$67.27	$0	$68.9	+100%

TJX Companies is likely to depreciate on the upcoming trading sessions.

From a fundamental viewpoint, the security seems overvalued compared to its peers with a P/E ratio of 21.6x for 2015.

Technically, the stock is moving in an upward trend for many weeks but the trend turned recently neutral in the short term. The proximity to the USD 68.6 resistance should lead to a correction towards the USD 65 support.

Therefore, most offensive investors can open a short position on the stock in order to benefit from this likely consolidation. The objective will be set near USD 65. A stop loss should be placed above the current resistance in case of a bullish escape.

Latest news about The TJX Companies

Morgan Stanley Adjusts Price Target on TJX Companies to $113 From $118	May. 06	MT
Regency Centers beats quarterly FFO estimates, raises annual forecast	May. 02	RE
Burlington Stores' Earnings, Sales Growth Prospects Have Likely Improved, UBS Says in Upgrade	May. 02	MT
UBS Upgrades TJX to Buy From Neutral, Adjusts Price Target to $132 From $104	May. 02	MT
The specter of stagflation rears its ugly head again	Apr. 25
Goldman Sachs Upgrades TJX to Buy From Neutral, Price Target is $110	Apr. 25	MT
ANALYST RECOMMENDATIONS : Meta Platforms, UPS, Boeing, Chipotle, Dell Technologies...	Apr. 25
Goldman Sachs Upgrades TJX Companies to Buy From Neutral, Adjusts Price Target to $110 From $100	Apr. 25	MT
Dollarama's forecast annual sales largely above expectations on steady demand	Apr. 04	RE
TJX Increases Quarterly Dividend $0.0425 to $0.375, Payable June 6 to Shareholders of Record May 16	Apr. 02	MT
The Tjx Companies, Inc. Announces 13% Increase in Common Stock Dividend, Payable on June 6, 2024	Apr. 02	CI
Tjx Companies Insider Sold Shares Worth $1,979,676, According to a Recent SEC Filing	Mar. 21	MT
Investors push Zara owner Inditex to publish full supply chain	Mar. 11	RE
Ross Stores forecasts downbeat annual profit on sluggish consumer spending	Mar. 05	RE
UBS Adjusts TJX Companies Price Target to $104 From $95, Maintains Neutral Rating	Mar. 01	MT
TJX's Fiscal Q4 Wraps Up 'Strong Year,' Morgan Stanley Says; Price Target Lifted	Feb. 29	MT
Deutsche Bank Raises TJX Companies Price Target to $112 From $99, Maintains Buy Rating	Feb. 29	MT
Telsey Advisory Adjusts Price Target on TJX Companies to $112 From $105, Keeps Outperform Rating	Feb. 29	MT
Morgan Stanley Lifts Price Target on TJX to $118 From $116 After 'Impressive' Fiscal Q4, Keeps Overweight Rating	Feb. 29	MT
Global markets live: Reckitt, Apple, Warner, Eli Llily, Intel...	Feb. 28
TJ Maxx Parent TJX Forecasts Slowdown in Comparable Sales Following Fourth-Quarter Revenue Beat	Feb. 28	MT
Transcript : The TJX Companies, Inc., Q4 2024 Earnings Call, Feb 28, 2024	Feb. 28
The TJX Companies, Inc. Provides Earnings Guidance for the First Quarter and Full Fiscal Year 2025	Feb. 28	CI
The TJX Companies, Inc. Provides Quarterly Dividend Guidance	Feb. 28	CI
The TJX Companies, Inc. announces an Equity Buyback for $2,500 million worth of its shares.	Feb. 28	CI

Chart The TJX Companies

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Company Profile

The TJX Companies, Inc. is No. 1 in America of discount retail distribution of clothing and household items. Net sales break down by family of products as follows: - apparel and accessories (46%); - home goods (39%): home furnishings, lamps, rugs decorative accessories, etc.; - jewelery and accessories (15%). At 30/01/2021, the group had a network of 4,572 stores located in the United States (3,305, of which 1,271 T.J. Maxx, 1,131 Marshalls, 821 HomeGoods, 48 Sierra and 34 Homesense), Canada (525, of which 280 Winners, 143 HomeSense and 102 Marshalls), Europe and Australia (742, of which 602 T.K. Maxx, 78 HomeSense and 62 Trade Secret). Net sales are distributed geographically as follows: the United States (79.2%), Europe and Australia (12%) and Canada (8.8%).

Sector

Discount Stores

Calendar

2024-05-14 - Ex-dividend day

Related indices

S&P 500

More about the company