The TJX Companies Inc Stock Forecast:
The average target price for The TJX Companies Inc, as predicted by 16 analysts, is USD 81.88 in the next 12 months, and it is considered a Strong Buy. Stock Target Advisor‘s analysis of the company is slightly bullish, based on 10 positive signals and 7 negative signals. The last closing price of the stock was USD 80.52 and has decreased by 1.67% in the past week, decreased by 0.16% in the past month, but increased by 16.39% in the last year.
Analysts Coverage Change:
J.P. Morgan Chase & Co. maintains The TJX Companies with an overweight rating and raises the price target to USD 95 from USD 90 on the company’s stock.
Positive Fundamentals:
The TJX Companies stock is a highly attractive investment opportunity due to its numerous positive attributes. The company has a high market capitalization, which makes it one of the largest entities in its sector and provides stability. Additionally, it has demonstrated superior risk-adjusted returns compared to its peers, with low volatility and consistent annual returns. The company’s management has also delivered top quartile performance in terms of return on equity, capital utilization, and assets, which is indicative of strong financial performance. The company has positive cash flow and free cash flow, as well as top quartile revenue growth and dividend growth in the previous 5 years compared to its sector. All of these factors combined make the TJX Companies stock a highly desirable investment opportunity for those looking for stability, growth, and return on investment.
Negative Fundamentals:
The TJX Companies stock has received below median total returns and dividend returns compared to its peers over the past 5 years. This may not be a problem for investors who are not looking for income. However, the stock is considered overpriced when compared to its earnings, book value, cash flow, and free cash flow, trading higher than the median for its sector. The company is also highly leveraged and in the bottom half compared to its sector peers in terms of debt to equity. Investors should proceed with caution when considering buying this stock. It is important to also check the news and management statements to understand the reasons behind the company’s high leverage and overpriced stock.
FA Score (Fundamental Analysis):
The fundamental analysis of The TJX Companies stock is “Slightly Bullish” with a FA score of 5.9 out of 10, where 0 is very bearish and 10 is very bullish.
