|Bid||64.80 x 900|
|Ask||65.40 x 1400|
|Day's Range||63.99 - 65.50|
|52 Week Range||53.69 - 77.35|
|Beta (5Y Monthly)||0.92|
|PE Ratio (TTM)||23.81|
|Earnings Date||Aug 17, 2022|
|Forward Dividend & Yield||1.18 (1.83%)|
|Ex-Dividend Date||Aug 10, 2022|
|1y Target Est||74.67|
Subscribe to Yahoo Finance Plus to view Fair Value for TJX
Given the uncertain macro environment and record inflation, we believe that TJX is well positioned to capture more traffic than other retailers (primarily department stores), given its value positioning and the potential for consumers to trade down to its banners. Darling Ingredients results beat estimates and were led by the core business. Cash will be allocated to delevering below 2.5 times and share repurchases.
Some retailers have preemptively downgraded their outlooks, given current headwinds in the economic environment such as inflation, lack of stimulus funds and recession fears.
Many large chain retailers report during the week to round out earnings season, along with the July Retail Sales.