T.J. Maxx Stock Today

TJX
 Stock
  

USD 57.97  0.39  0.68%   

Market Performance
0 of 100
Odds Of Distress
Less than 7
T.J. Maxx is trading at 57.97 as of the 7th of July 2022; that is 0.68 percent up since the beginning of the trading day. The stock's open price was 57.58. T.J. Maxx has only a 7 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for TJX Companies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of July 2020 and ending today, the 7th of July 2022. Click here to learn more.
CUSIP
872539101
Fiscal Year End
February
Business Domain
Retailing
IPO Date
5th of January 1988
Category
Consumer Cyclical
Classification
Consumer Discretionary
ISIN
US8725401090
The TJX Companies, Inc., together with its subsidiaries, operates as an off-price apparel and home fashions retailer. The company was incorporated in 1962 and is headquartered in Framingham, Massachusetts. T.J. Maxx operates under Apparel Retail classification in the United States and is traded on New York Stock Exchange. The company has 1.19 B outstanding shares of which 7.88 M shares are at this time shorted by investors with about 1.13 days to cover. More on TJX Companies
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

T.J. Maxx Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. T.J. Maxx's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding T.J. Maxx or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
TJX Companies generated a negative expected return over the last 90 days
TJX Companies has a strong financial position based on the latest SEC filings
Over 94.0% of the company shares are owned by institutional investors
Latest headline from www.marketwatch.com: TJX Cos. stock rises Wednesday, outperforms market - MarketWatch
ESG SustainabilitySome studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, T.J. Maxx's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to T.J. Maxx's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOErnie Herrman
Thematic Ideas
(view all).
Average Analyst Recommendation
Analysts covering T.J. Maxx report their recommendations after researching T.J. Maxx's financial statements, talking to executives and customers, or listening in on T.J. Maxx's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering TJX Companies. The T.J. Maxx consensus assessment is calculated by taking the average forecast from all of the analysts covering T.J. Maxx.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of TJX Companies based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of TJX Companies financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares1.4 B1.2 B
Moderately Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted1.4 B1.2 B
Moderately Up
Decreasing
Slightly volatile
Net Cash Flow from Operations3.2 B3.1 B
Sufficiently Up
Increasing
Slightly volatile
Total Assets20.8 B28.5 B
Way Down
Increasing
Slightly volatile
Total Liabilities15.4 B22.5 B
Way Down
Increasing
Slightly volatile
Current Assets10.5 B13.3 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities7.6 B10.5 B
Way Down
Increasing
Slightly volatile
Total Debt1.2 B1.5 B
Significantly Down
Increasing
Stable
Return on Average Assets16.7611.0766
Way Up
Decreasing
Slightly volatile
Gross Margin30.0328.4988
Notably Up
Increasing
Slightly volatile
Asset Turnover2.31.6426
Significantly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of T.J. Maxx's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
T.J. Maxx's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to T.J. Maxx's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
T.J. Maxx's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of T.J. Maxx's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand T.J. Maxx's financial leverage. It provides some insight into what part of T.J. Maxx's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on T.J. Maxx's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how T.J. Maxx deploys its capital and how much of that capital is borrowed.
Liquidity
T.J. Maxx cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 12.51 B in debt with debt to equity (D/E) ratio of 2.08, meaning that the company heavily relies on borrowing funds for operations. TJX Companies has a current ratio of 1.24, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist T.J. Maxx until it has trouble settling it off, either with new capital or with free cash flow. So, T.J. Maxx's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TJX Companies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for T.J. Maxx to invest in growth at high rates of return. When we think about T.J. Maxx's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

3.19 Billion
TJX Companies (TJX) is traded on New York Stock Exchange in USA and employs 340,000 people. The company currently falls under 'Large-Cap' category with total capitalization of 66.62 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate T.J. Maxx's market, we take the total number of its shares issued and multiply it by T.J. Maxx's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. TJX Companies runs under Consumer Cyclical sector within Apparel Retail industry. The entity has 1.19 B outstanding shares of which 7.88 M shares are at this time shorted by investors with about 1.13 days to cover. TJX Companies has about 6.23 B in cash with 3.06 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.3.
Check T.J. Maxx Probability Of Bankruptcy
Ownership
T.J. Maxx maintains a total of 1.19 Billion outstanding shares. The majority of TJX Companies outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in T.J. Maxx to benefit from reduced commissions. Accordingly, institutions are subject to a different set of regulations than regular investors in TJX Companies. Please pay attention to any change in the institutional holdings of TJX Companies as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check T.J. Maxx Ownership Details

T.J. Maxx Stock Price Odds Analysis

What are T.J. Maxx's target price odds to finish over the current price? Based on a normal probability distribution, the odds of T.J. Maxx jumping above the current price in 90 days from now is about 79.54%. The TJX Companies probability density function shows the probability of T.J. Maxx stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon T.J. Maxx has a beta of 0.9702. This usually implies TJX Companies market returns are sensitive to returns on the market. As the market goes up or down, T.J. Maxx is expected to follow. Additionally, the company has an alpha of 0.1253, implying that it can generate a 0.13 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 57.97HorizonTargetOdds Above 57.97
20.27%90 days
 57.97 
79.54%
Based on a normal probability distribution, the odds of T.J. Maxx to move above the current price in 90 days from now is about 79.54 (This TJX Companies probability density function shows the probability of T.J. Maxx Stock to fall within a particular range of prices over 90 days) .

T.J. Maxx Historical Income Statement

TJX Companies Income Statement is one of the three primary financial statements used for reporting T.J. Maxx's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of TJX Companies revenue and expense. T.J. Maxx Income Statement primarily focuses on the company's revenues and expenses during a particular period.
T.J. Maxx Consolidated Income is fairly stable at the moment as compared to the past year. T.J. Maxx reported Consolidated Income of 1.99 Billion in 2021. Earning Before Interest and Taxes EBIT is likely to rise to about 3.5 B in 2022, whereas Cost of Revenue is likely to drop slightly above 16 B in 2022. View More Fundamentals

T.J. Maxx Stock Against Markets

Picking the right benchmark for T.J. Maxx stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in T.J. Maxx stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for T.J. Maxx is critical whether you are bullish or bearish towards TJX Companies at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in T.J. Maxx without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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T.J. Maxx Corporate Directors

T.J. Maxx corporate directors refer to members of a T.J. Maxx board of directors. The board of directors generally takes responsibility for the T.J. Maxx's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of T.J. Maxx's board members must vote for the resolution. The T.J. Maxx board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Rosemary Berkery - Independent DirectorProfile
John OBrien - Lead Independent DirectorProfile
Zein Abdalla - Independent DirectorProfile
Amy Lane - Independent DirectorProfile

Investing TJX Companies

You need to understand the risk of investing before taking a position in T.J. Maxx. The danger of trading TJX Companies is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of T.J. Maxx is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than T.J. Maxx. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TJX Companies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. Note that the TJX Companies information on this page should be used as a complementary analysis to other T.J. Maxx's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running TJX Companies price analysis, check to measure T.J. Maxx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy T.J. Maxx is operating at the current time. Most of T.J. Maxx's value examination focuses on studying past and present price action to predict the probability of T.J. Maxx's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move T.J. Maxx's price. Additionally, you may evaluate how the addition of T.J. Maxx to your portfolios can decrease your overall portfolio volatility.
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Is T.J. Maxx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of T.J. Maxx. If investors know T.J. Maxx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about T.J. Maxx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.11
Market Capitalization
67.9 B
Quarterly Revenue Growth YOY
0.13
Return On Assets
0.1
Return On Equity
0.57
The market value of TJX Companies is measured differently than its book value, which is the value of T.J. Maxx that is recorded on the company's balance sheet. Investors also form their own opinion of T.J. Maxx's value that differs from its market value or its book value, called intrinsic value, which is T.J. Maxx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because T.J. Maxx's market value can be influenced by many factors that don't directly affect T.J. Maxx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between T.J. Maxx's value and its price as these two are different measures arrived at by different means. Investors typically determine T.J. Maxx value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, T.J. Maxx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.