TJX Companies (NYSE:TJX) Issues Q3 2027 Earnings Guidance

TJX Companies (NYSE:TJX) updated its third quarter 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.360-1.380 for the period, compared to the consensus EPS estimate of 1.340. The company issued revenue guidance of -. TJX Companies also updated its FY 2027 guidance to 5.150-5.200 EPS.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Erste Group Bank downgraded TJX Companies from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Citigroup cut shares of TJX Companies from a “buy” rating to a “neutral” rating and cut their price target for the company from $182.00 to $154.00 in a report on Thursday. Telsey Advisory Group upped their price objective on shares of TJX Companies from $175.00 to $185.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Morgan Stanley set a $178.00 price objective on shares of TJX Companies and gave the stock an “overweight” rating in a report on Thursday. Finally, Wells Fargo & Company dropped their target price on shares of TJX Companies from $160.00 to $140.00 and set an “equal weight” rating for the company in a research report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $173.89.

TJX Companies Price Performance

Shares of TJX stock opened at $140.76 on Friday. The business’s fifty day moving average is $156.18 and its 200 day moving average is $156.75. The company has a quick ratio of 0.54, a current ratio of 1.15 and a debt-to-equity ratio of 0.18. The stock has a market cap of $155.50 billion, a price-to-earnings ratio of 26.02, a PEG ratio of 3.12 and a beta of 0.62. TJX Companies has a twelve month low of $134.74 and a twelve month high of $170.00.

TJX Companies (NYSE:TJX) last announced its quarterly earnings data on Wednesday, August 19th. The apparel and home fashions retailer reported $1.22 EPS for the quarter, beating the consensus estimate of $1.19 by $0.03. TJX Companies had a return on equity of 56.56% and a net margin of 9.73%.The business had revenue of $15.18 billion during the quarter, compared to analyst estimates of $15.16 billion. During the same quarter last year, the firm posted $1.10 earnings per share. The company’s revenue for the quarter was up 5.4% on a year-over-year basis. TJX Companies has set its FY 2027 guidance at 5.150-5.200 EPS and its Q3 2027 guidance at 1.360-1.380 EPS. Research analysts expect that TJX Companies will post 5.18 EPS for the current fiscal year.

TJX Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 13th will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Thursday, August 13th. TJX Companies’s dividend payout ratio is 37.28%.

Insiders Place Their Bets

In related news, CEO Ernie Herrman sold 10,002 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $160.68, for a total transaction of $1,607,121.36. Following the completion of the transaction, the chief executive officer directly owned 514,848 shares of the company’s stock, valued at approximately $82,725,776.64. This represents a 1.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jackwyn Nemerov sold 957 shares of TJX Companies stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $168.59, for a total transaction of $161,340.63. Following the completion of the transaction, the director directly owned 802 shares of the company’s stock, valued at $135,209.18. The trade was a 54.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 130,367 shares of company stock worth $20,959,476. 0.15% of the stock is currently owned by corporate insiders.

Trending Headlines about TJX Companies

Here are the key news stories impacting TJX Companies this week:

• Positive Sentiment: TJX reported adjusted earnings of $1.22 per share, exceeding the $1.19 consensus estimate, while sales rose 5.4% year over year to $15.18 billion. Consolidated comparable sales increased 4%, and margins and cash flow were stronger than expected. TJX fiscal second-quarter results
• Positive Sentiment: Management raised its fiscal 2027 adjusted EPS outlook to $5.15-$5.20 and increased its long-term store target to 7,500 locations, supporting the company’s long-term growth case. TJX store growth and guidance
• Positive Sentiment: BTIG reaffirmed a Buy rating with a $190 price target, while UBS characterized the Marmaxx weakness as potentially isolated and viewed the selloff as a favorable setup.
• Neutral Sentiment: HomeGoods, Canada and International delivered comparable-sales growth of roughly 6%-7%, demonstrating continued demand for TJX’s off-price model outside its largest U.S. division.
• Neutral Sentiment: Analysts remain divided: some see a buying opportunity if Marmaxx execution improves, while Citi downgraded the shares to Neutral and Wells Fargo reduced its price target to $140.
• Negative Sentiment: Marmaxx, which includes TJ Maxx and Marshalls and represents TJX’s largest division, produced only 1% comparable-sales growth. Management attributed the shortfall to merchandising and assortment mistakes, raising concerns about execution and the durability of consumer demand. TJX Marmaxx weakness
• Negative Sentiment: Investors viewed the near-term outlook as less convincing, with third-quarter guidance and comparable-sales expectations described by several analysts as below a demanding valuation. Q2 earnings also benefited by about $0.14 per share from tariff refunds, making the underlying profit beat appear less powerful.
• Negative Sentiment: Competition for off-price spending, consumer resistance to price increases, rising bond yields and broader inflation concerns added pressure to the stock’s valuation and retail outlook.

Institutional Investors Weigh In On TJX Companies

A number of institutional investors and hedge funds have recently bought and sold shares of TJX. Wilkerson Advisory Group LLC purchased a new position in TJX Companies during the 4th quarter valued at about $26,000. Imprint Wealth LLC bought a new stake in TJX Companies during the third quarter valued at about $27,000. Measured Wealth Private Client Group LLC purchased a new position in TJX Companies in the third quarter valued at about $30,000. Mcguire Capital Advisors Inc. purchased a new position in TJX Companies in the fourth quarter worth $31,000. Finally, Jessup Wealth Management Inc purchased a new stake in shares of TJX Companies during the 4th quarter valued at $31,000. 91.09% of the stock is owned by institutional investors.

TJX Companies Company Profile

TJX Companies, Inc is a leading off-price retailer of apparel, footwear, home fashions and other consumer goods. The company operates multiple retail concepts that offer discounted brand-name and designer merchandise, including well-known banners such as T.J. Maxx and Marshalls in the United States, HomeGoods for home furnishings, TK Maxx in parts of Europe, and Winners and Homesense in Canada. Merchandise categories span women’s, men’s and children’s apparel, accessories, beauty, home décor, kitchenware and small furniture, with frequent changes in assortment that create a “treasure-hunt” shopping experience for consumers.

The company’s business model centers on opportunistic buying, purchasing excess, irregular or out-of-season inventory from manufacturers, department stores and other suppliers, and passing savings to customers through lower prices.