The TJX Companies, Inc. (TJX)
NYSE: TJX · IEX Real-Time Price · USD
94.50
+0.42 (0.45%)
Apr 23, 2024, 4:00 PM EDT - Market closed
The TJX Companies Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for The TJX Companies stock have an average target of 103.94, with a low estimate of 92 and a high estimate of 112. The average target predicts an increase of 9.99% from the current stock price of 94.50.
Analyst Consensus: Buy
* Price targets were last updated on Mar 1, 2024.
Analyst Ratings
The average analyst rating for TJX stock from 17 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 10 | 10 | 10 | 8 | 8 | 8 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 19 | 17 | 17 | 17 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $95 → $104 | Hold | Maintains | $95 → $104 | +10.05% | Mar 1, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $95 → $110 | Buy | Maintains | $95 → $110 | +16.40% | Feb 29, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Maintains $105 → $112 | Buy | Maintains | $105 → $112 | +18.52% | Feb 29, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Reiterates n/a | Buy | Reiterates | n/a | n/a | Feb 28, 2024 |
| Telsey Advisory Group | Telsey Advisory Group | Buy Reiterates $105 | Buy | Reiterates | $105 | +11.11% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
56.79B
from 54.22B
Increased by 4.74%
Revenue Next Year
59.96B
from 56.79B
Increased by 5.58%
EPS This Year
4.13
from 3.86
Increased by 6.90%
EPS Next Year
4.56
from 4.13
Increased by 10.46%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 60.0B | 64.0B | 67.1B | 71.9B | 73.4B |
| Avg | 56.8B | 60.0B | 63.3B | 67.8B | 70.6B |
| Low | 53.8B | 56.6B | 59.7B | 64.3B | 68.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.7% | 12.8% | 11.9% | 13.6% | 8.3% |
| Avg | 4.7% | 5.6% | 5.6% | 7.1% | 4.2% |
| Low | -0.7% | -0.3% | -0.4% | 1.6% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.53 | 5.18 | 5.52 | 6.26 | 6.50 |
| Avg | 4.13 | 4.56 | 4.98 | 5.79 | 6.25 |
| Low | 3.88 | 4.17 | 4.48 | 5.43 | 6.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.2% | 25.5% | 21.2% | 25.7% | 12.2% |
| Avg | 6.9% | 10.5% | 9.2% | 16.3% | 8.0% |
| Low | 0.5% | 0.9% | -1.7% | 9.1% | 4.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.