TJX Companies (TJX) Stock Forecast, Price Target & Predictions
TJX Stock Forecast
TJX Companies stock forecast is as follows: an average price target of $100.38 (represents a -14.81% downside from TJX’s last price of $117.83) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.
TJX Price Target
The average price target for TJX Companies (TJX) is $100.38 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $136.00 to $65.00. This represents a potential -14.81% downside from TJX's last price of $117.83.
TJX Analyst Ratings
According to 18 Wall Street analysts, TJX Companies's rating consensus is 'Buy'. The analyst rating breakdown for TJX stock is 0 'Strong Buy' (0.00%), 15 'Buy' (83.33%), 3 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
TJX Companies Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 22, 2024 | Mark Altschwager | Robert W. Baird | $128.00 | $120.23 | 6.46% | 8.63% |
| Aug 22, 2024 | Paul Lejuez | Citigroup | $128.00 | $120.23 | 6.46% | 8.63% |
| Aug 22, 2024 | Ike Boruchow | Wells Fargo | $115.00 | $120.23 | -4.35% | -2.40% |
| Aug 22, 2024 | Adrienne Yih | Barclays | $136.00 | $120.23 | 13.12% | 15.42% |
| Aug 16, 2024 | Dana Telsey | Telsey Advisory | $128.00 | $111.48 | 14.82% | 8.63% |
| May 23, 2024 | Mark Altschwager | Robert W. Baird | $113.00 | $101.12 | 11.75% | -4.10% |
| May 23, 2024 | Simeon Siegel | BMO Capital | $110.00 | $99.52 | 10.53% | -6.65% |
| May 23, 2024 | Ike Boruchow | Wells Fargo | $100.00 | $101.12 | -1.11% | -15.13% |
| May 22, 2024 | Aaron Siegel | CFRA | $100.00 | $101.12 | -1.11% | -15.13% |
| May 06, 2024 | Alex Straton | Morgan Stanley | $113.00 | $95.11 | 18.81% | -4.10% |
The latest TJX Companies stock forecast, released on Aug 22, 2024 by Mark Altschwager from Robert W. Baird, set a price target of $128.00, which represents a 6.46% increase from the stock price at the time of the forecast ($120.23), and a 8.63% increase from TJX last price ($117.83).
TJX Companies Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 5 | 12 |
| Avg Price Target | - | $127.00 | $117.75 |
| Last Closing Price | $117.83 | $117.83 | $117.83 |
| Upside/Downside | -100.00% | 7.78% | -0.07% |
In the current month, the average price target of TJX Companies stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to TJX Companies's last price of $117.83. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 11, 2024 | Zacks Investment Research | Perform | Perform | Hold |
| Aug 22, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Aug 22, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Aug 22, 2024 | Citigroup | Buy | Neutral | Downgrade |
| Aug 22, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Aug 21, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 21, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 21, 2024 | Evercore ISI | Outperform | Outperform | Hold |
| Aug 21, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| Aug 21, 2024 | Barclays | Overweight | Overweight | Hold |
TJX Companies's last stock rating was published by Zacks Investment Research on Oct 11, 2024. The company gave TJX a "Perform" rating, the same as its previous rate.
TJX Companies Financial Forecast
TJX Companies Revenue Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $10.09B | - | - | $6.67B | $4.41B | $12.21B | $10.45B |
| Avg Forecast | $17.05B | $16.65B | $16.26B | $15.88B | $17.22B | $14.80B | $14.28B | $13.21B | $16.29B | $13.96B | $13.31B | $12.49B | $16.20B | $13.09B | $12.45B | $11.82B | $14.07B | $12.30B | $12.04B | $11.59B | $14.22B | $12.27B | $11.00B | $8.61B | $11.48B | $9.38B | $6.56B | $5.46B | $11.83B | $10.32B |
| High Forecast | $17.36B | $16.96B | $16.56B | $16.18B | $17.54B | $15.08B | $14.55B | $13.45B | $16.53B | $14.02B | $13.31B | $12.49B | $16.21B | $13.25B | $12.68B | $12.04B | $14.33B | $12.50B | $12.23B | $11.77B | $14.45B | $12.47B | $11.18B | $8.75B | $11.67B | $9.53B | $6.67B | $5.55B | $12.02B | $10.48B |
| Low Forecast | $16.79B | $16.40B | $16.02B | $15.65B | $16.97B | $14.58B | $14.07B | $13.01B | $16.17B | $13.89B | $13.31B | $12.49B | $16.20B | $12.86B | $12.26B | $11.65B | $13.86B | $12.14B | $11.87B | $11.43B | $14.03B | $12.10B | $10.85B | $8.49B | $11.33B | $9.25B | $6.47B | $5.38B | $11.67B | $10.18B |
| # Analysts | 6 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 12 | 12 | 6 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 6 | 6 | 6 | 6 | 6 | 6 | 9 | 10 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.17% | - | - | 1.02% | 0.81% | 1.03% | 1.01% |
TJX Companies's average Quarter revenue forecast for Aug 21 based on 6 analysts is $11.00B, with a low forecast of $10.85B, and a high forecast of $11.18B. TJX's average Quarter revenue forecast represents a 9.03% increase compared to the company's last Quarter revenue of $10.09B (May 21).
TJX Companies EBITDA Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 12 | 12 | 6 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 6 | 6 | 6 | 6 | 6 | 6 | 9 | 10 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $982.63M | - | - | $187.05M | $-1.09B | $1.56B | $1.36B |
| Avg Forecast | $1.81B | $1.77B | $1.73B | $1.69B | $1.83B | $1.57B | $1.52B | $1.40B | $1.73B | $1.48B | $1.42B | $2.05B | $1.72B | $1.39B | $1.32B | $1.87B | $1.71B | $1.31B | $1.28B | $1.70B | $1.51B | $1.31B | $1.17B | $918.14M | $1.03B | $997.77M | $697.83M | $580.58M | $1.26B | $1.10B |
| High Forecast | $1.85B | $1.80B | $1.76B | $1.72B | $1.87B | $1.60B | $1.55B | $1.43B | $1.76B | $1.49B | $1.42B | $2.46B | $1.72B | $1.41B | $1.35B | $2.24B | $2.06B | $1.33B | $1.30B | $2.04B | $1.54B | $1.33B | $1.19B | $1.10B | $1.24B | $1.01B | $709.10M | $589.95M | $1.28B | $1.12B |
| Low Forecast | $1.79B | $1.74B | $1.70B | $1.66B | $1.80B | $1.55B | $1.50B | $1.38B | $1.72B | $1.48B | $1.42B | $1.64B | $1.72B | $1.37B | $1.30B | $1.49B | $1.37B | $1.29B | $1.26B | $1.36B | $1.49B | $1.29B | $1.15B | $734.51M | $828.00M | $984.37M | $688.46M | $572.78M | $1.24B | $1.08B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | - | - | 0.27% | -1.88% | 1.24% | 1.24% |
6 analysts predict TJX's average Quarter EBITDA for Aug 21 to be $1.17B, with a high of $1.19B and a low of $1.15B. This is 19.05% upper than TJX Companies's previous annual EBITDA (May 21) of $982.63M.
TJX Companies Net Income Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 12 | 12 | 6 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 6 | 6 | 6 | 6 | 6 | 6 | 9 | 10 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $533.93M | - | - | $-214.22M | $-887.49M | $984.79M | $828.26M |
| Avg Forecast | $1.63B | $1.53B | $1.36B | $1.30B | $1.52B | $1.40B | $1.21B | $1.13B | $1.35B | $1.25B | $1.06B | $1.30B | $1.29B | $1.13B | $881.78M | $1.18B | $1.08B | $915.78M | $761.41M | $1.07B | $1.04B | $922.05M | $669.01M | $388.53M | $695.79M | $453.49M | $-113.87M | $-79.62M | $878.72M | $755.01M |
| High Forecast | $1.67B | $1.57B | $1.39B | $1.33B | $1.56B | $1.43B | $1.24B | $1.16B | $1.47B | $1.29B | $1.06B | $1.56B | $1.29B | $1.20B | $903.12M | $1.42B | $1.30B | $935.20M | $777.39M | $1.29B | $1.06B | $941.41M | $683.06M | $466.23M | $834.95M | $463.01M | $-111.88M | $-78.23M | $897.16M | $770.85M |
| Low Forecast | $1.60B | $1.50B | $1.33B | $1.27B | $1.49B | $1.37B | $1.19B | $1.11B | $1.32B | $1.23B | $1.05B | $1.04B | $1.28B | $1.01B | $864.62M | $945.58M | $866.90M | $899.98M | $748.12M | $859.62M | $1.02B | $905.96M | $657.33M | $310.82M | $556.63M | $445.58M | $-116.26M | $-81.29M | $863.38M | $741.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.37% | - | - | 1.88% | 11.15% | 1.12% | 1.10% |
TJX Companies's average Quarter net income forecast for Aug 21 is $669.01M, with a range of $657.33M to $683.06M. TJX's average Quarter net income forecast represents a 25.30% increase compared to the company's last Quarter net income of $533.93M (May 21).
TJX Companies SG&A Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 12 | 12 | 6 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 6 | 6 | 6 | 6 | 6 | 6 | 9 | 10 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $2.06B | - | - | $1.53B | $1.31B | $2.14B | $1.89B |
| Avg Forecast | $3.26B | $3.18B | $3.11B | $3.04B | $3.29B | $2.83B | $2.73B | $2.53B | $3.12B | $2.67B | $2.55B | $3.45B | $3.10B | $2.50B | $2.38B | $3.14B | $2.43B | $2.35B | $2.30B | $2.85B | $2.72B | $2.35B | $2.10B | $2.62B | $1.59B | $1.79B | $1.25B | $1.04B | $2.26B | $1.97B |
| High Forecast | $3.32B | $3.24B | $3.17B | $3.09B | $3.36B | $2.88B | $2.78B | $2.57B | $3.16B | $2.68B | $2.55B | $4.14B | $3.10B | $2.54B | $2.43B | $3.77B | $2.92B | $2.39B | $2.34B | $3.42B | $2.76B | $2.38B | $2.14B | $3.14B | $1.91B | $1.82B | $1.28B | $1.06B | $2.30B | $2.01B |
| Low Forecast | $3.21B | $3.14B | $3.06B | $2.99B | $3.25B | $2.79B | $2.69B | $2.49B | $3.09B | $2.66B | $2.55B | $2.76B | $3.10B | $2.46B | $2.35B | $2.51B | $1.95B | $2.32B | $2.27B | $2.28B | $2.68B | $2.32B | $2.08B | $2.09B | $1.28B | $1.77B | $1.24B | $1.03B | $2.23B | $1.95B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.79% | - | - | 1.22% | 1.26% | 0.94% | 0.96% |
TJX Companies's average Quarter SG&A projection for Aug 21 is $2.10B, based on 6 Wall Street analysts, with a range of $2.08B to $2.14B. The forecast indicates a 1.88% rise compared to TJX last annual SG&A of $2.06B (May 21).
TJX Companies EPS Forecast
| Feb 27 | Nov 26 | Aug 26 | May 26 | Feb 26 | Nov 25 | Aug 25 | May 25 | Feb 25 | Nov 24 | Aug 24 | May 24 | Feb 24 | Nov 23 | Aug 23 | May 23 | Feb 23 | Nov 22 | Aug 22 | May 22 | Feb 22 | Nov 21 | Aug 21 | May 21 | Feb 21 | Nov 20 | Aug 20 | May 20 | Feb 20 | Nov 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 6 | 6 | 6 | 9 | 9 | 9 | 12 | 12 | 6 | 6 | 6 | 12 | 6 | 6 | 6 | 9 | 9 | 9 | 9 | 6 | 6 | 6 | 6 | 6 | 6 | 9 | 10 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.44 | - | - | $-0.18 | $-0.74 | $0.82 | $0.69 |
| Avg Forecast | $1.42 | $1.34 | $1.18 | $1.13 | $1.33 | $1.22 | $1.06 | $0.99 | $1.18 | $1.09 | $0.92 | $0.88 | $1.12 | $0.99 | $0.77 | $0.72 | $0.89 | $0.80 | $0.67 | $0.60 | $0.91 | $0.81 | $0.58 | $0.31 | $0.62 | $0.40 | $-0.10 | $-0.07 | $0.77 | $0.66 |
| High Forecast | $1.46 | $1.37 | $1.21 | $1.16 | $1.36 | $1.25 | $1.08 | $1.01 | $1.28 | $1.12 | $0.93 | $0.88 | $1.13 | $1.05 | $0.79 | $0.73 | $0.91 | $0.82 | $0.68 | $0.61 | $0.93 | $0.82 | $0.60 | $0.31 | $0.63 | $0.40 | $-0.10 | $-0.07 | $0.78 | $0.67 |
| Low Forecast | $1.40 | $1.31 | $1.16 | $1.11 | $1.30 | $1.20 | $1.04 | $0.97 | $1.15 | $1.07 | $0.92 | $0.88 | $1.12 | $0.89 | $0.76 | $0.70 | $0.87 | $0.79 | $0.65 | $0.59 | $0.89 | $0.79 | $0.57 | $0.30 | $0.61 | $0.39 | $-0.10 | $-0.07 | $0.75 | $0.65 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.44% | - | - | 1.80% | 10.63% | 1.07% | 1.04% |
According to 6 Wall Street analysts, TJX Companies's projected average Quarter EPS for Aug 21 is $0.58, with a low estimate of $0.57 and a high estimate of $0.60. This represents a 32.09% increase compared to TJX previous annual EPS of $0.44 (May 21).
TJX Companies Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GES | Guess' | $17.22 | $29.25 | 69.86% | Hold |
| AEO | American Eagle Outfitters | $18.73 | $27.62 | 47.46% | Hold |
| PLCE | Children's Place | $15.00 | $20.50 | 36.67% | Hold |
| LULU | Lululemon Athletica | $308.53 | $396.64 | 28.56% | Buy |
| FL | Foot Locker | $24.70 | $29.85 | 20.85% | Hold |
| URBN | Urban Outfitters | $37.72 | $41.08 | 8.91% | Hold |
| ROST | Ross Stores | $143.40 | $154.52 | 7.75% | Buy |
| ANF | Abercrombie & Fitch | $143.97 | $151.89 | 5.50% | Buy |
| BURL | Burlington Stores | $263.29 | $261.14 | -0.82% | Buy |
| TJX | TJX Companies | $117.83 | $100.38 | -14.81% | Buy |
| GPS | Gap | $24.55 | $20.87 | -14.99% | Buy |
| HIBB | Hibbett | $87.49 | $71.10 | -18.73% | Hold |
| BKE | Buckle | $45.28 | $32.00 | -29.33% | Sell |
TJX Forecast FAQ
Is TJX Companies a good buy?
Yes, according to 18 Wall Street analysts, TJX Companies (TJX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 15 'Buy' recommendations, accounting for 83.33% of TJX's total ratings.
What is TJX's price target?
TJX Companies (TJX) average price target is $100.38 with a range of $65 to $136, implying a -14.81% from its last price of $117.83. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will TJX Companies stock go up soon?
According to Wall Street analysts' prediction for TJX stock, the company can go down by -14.81% (from the last price of $117.83 to the average price target of $100.38), up by 15.42% based on the highest stock price target, and down by -44.84% based on the lowest stock price target.
Can TJX Companies stock reach $200?
TJX's average twelve months analyst stock price target of $100.38 does not support the claim that TJX Companies can reach $200 in the near future.
Did the TJX's actual financial results beat the analysts' financial forecasts?
In terms of the last quarterly report (May 2021), TJX Companies's revenue was $10.09B, beating the average analysts' forecast of $8.61B by 17.20%. The company's EBITDA was $982.62M, beating the average prediction of $918.14M by 7.02%. TJX Companies's net income was $533.93M, beating the average estimation of $388.53M by 37.42%. The company's SG&A was $2.06B, missing the average forecast of $2.62B by -21.11%. Lastly, the company's EPS was $0.443, beating the average prediction of $0.308 by 43.52%