Analyst Ratings for TJX Cos. (TJX)Updated: 2017-07-28
TJX Cos. (NYSE:TJX) was awarded an average rating of Buy from investment analysts following the stock. A consensus rating of Buy was previously issued for TJX last month.
A buy rating was issued by 20 analysts, 3 gave an overweight rating, 5 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for TJX. The highest price target was 97, which equates to a potential upside of 39.29 percent. The minimum price target given was 78, implying a possible loss of 12 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -9.19 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.51 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
TJX has an estimated earnings growth rate of 10.19 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. TJX has a PEG ratio of 1.94.
TJX has traded between a high of 83.64 and a low of 66.66 over the past year. Today's price is 4.47 percent above the 52-week low, and 16.74 percent below the high. TJX has a price/earnings ratio of 19.78. Investors typically compare the P/E ratio to a company's peers in the industry. The TJX value stock report compares TJX to some of its peers using value stock charts. The market cap of TJX is $44.8 billion. TJX's next earnings release will be on 0000-00-00, which is days away.