
TJX (TJX) Stock Forecast & Price Target
TJX (TJX) Analyst Ratings
Bulls say
TJX Companies has demonstrated resilience in its inventory management, with a year-over-year increase of 7.6% in total inventory by the end of the fourth quarter, indicating strong procurement strategies amidst a competitive retail landscape. The expansion of EBIT margins for both Marmaxx and HomeGoods over the past eight consecutive quarters reflects operational efficiency and growing profitability, with Marmaxx achieving a 14.0% EBIT margin and HomeGoods reaching a 12.0% EBIT margin. Additionally, the company's focus on value proposition and broad product assortment has contributed to continued momentum, as evidenced by projected total sales in the range of $15.9 billion to $16.1 billion and customer acquisition during the recent holiday season.
Bears say
The financial outlook for TJX Companies appears negative due to declining gross margins, projected to be between 29.4% and 29.5% for 4Q24, which is a decrease from 30.6% the previous year. The expected earnings per share (EPS) for the fourth quarter is between $1.12 and $1.14, down from $1.22 last year, and reflects a broader struggle with shrinking margins and inventory challenges. Additionally, Canada's sales have seen a consistent decline, with an 11.7% rate drop indicating three consecutive quarters of contraction, further contributing to the company's overall downward trend in profitability metrics.
This aggregate rating is based on analysts' research of TJX and is not a guaranteed prediction by Public.com or investment advice.
TJX (TJX) Analyst Forecast & Price Prediction
Start investing in TJX (TJX)
Order type
Buy in
Order amount
Est. shares
0 shares