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

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

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. TD Cowen lifted their price target on TJX Companies from $119.00 to $120.00 and gave the stock a buy rating in a research note on Friday, May 17th. Robert W. Baird boosted their target price on TJX Companies from $110.00 to $113.00 and gave the company an outperform rating in a research note on Thursday. BMO Capital Markets boosted their target price on TJX Companies from $95.00 to $110.00 and gave the company an outperform rating in a research note on Thursday, February 29th. The Goldman Sachs Group raised TJX Companies from a neutral rating to a buy rating and boosted their target price for the company from $100.00 to $110.00 in a research note on Thursday, April 25th. Finally, UBS Group boosted their target price 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 given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of Moderate Buy and an average target price of $110.05.

TJX Companies Trading Up 2.0 %

TJX Companies stock opened at $102.14 on Friday. The company has a current ratio of 1.23, a quick ratio of 0.64 and a debt-to-equity ratio of 0.38. The business’s fifty day simple moving average is $97.27 and its two-hundred day simple moving average is $95.09. TJX Companies has a 12 month low of $75.65 and a 12 month high of $104.98. The company has a market capitalization of $115.72 billion, a price-to-earnings ratio of 25.34, a price-to-earnings-growth ratio of 2.67 and a beta of 0.87.

TJX Companies (NYSE:TJX) last released its earnings results on Wednesday, May 22nd. The apparel and home fashions retailer reported $0.93 EPS for the quarter, topping the consensus estimate of $0.87 by $0.06. TJX Companies had a return on equity of 64.26% and a net margin of 8.47%. The business had revenue of $12.48 billion for the quarter, compared to the consensus estimate of $12.48 billion. During the same period in the previous year, the company posted $0.76 earnings per share. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. As a group, equities analysts predict that TJX Companies will post 4.08 earnings per share for the current fiscal year.

TJX Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 6th. Investors of record on Thursday, May 16th will be given a dividend of $0.375 per share. The ex-dividend date is Wednesday, May 15th. This is a boost from TJX Companies’s previous quarterly dividend of $0.33. This represents a $1.50 annualized dividend and a dividend yield of 1.47%. TJX Companies’s dividend payout ratio (DPR) is 37.22%.

TJX Companies declared that its board has initiated a stock buyback plan on Wednesday, February 28th that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the apparel and home fashions retailer to reacquire up to 2.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

Insider Activity

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

About TJX Companies

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.