47.53 0.00 (0.00%)
After hours: 7:08PM EST
|Bid||45.90 x 1800|
|Ask||0.00 x 1000|
|Day's Range||47.00 - 47.81|
|52 Week Range||36.41 - 56.64|
|Beta (3Y Monthly)||0.68|
|PE Ratio (TTM)||19.45|
|Earnings Date||Feb 27, 2019|
|Forward Dividend & Yield||0.78 (1.66%)|
|1y Target Est||54.36|
Three TJX brands open in the same shopping center — and one is the first-to-market Sierra Trading Post store.
Ross Stores or Burlington Stores: Which Looks Better in 2019?Thriving in a challenging marketOff-price retailers Ross Stores (ROST), Burlington Stores (BURL), and TJX Companies (TJX) have been performing consistently compared to major department
According to the GuruFocus All-in-One Screener, the following stocks are trading at a discount and have positive three- to five-year future earnings estimates. Warning! GuruFocus has detected 5 Warning Sign with SCI. The discounted cash flow calculator gives the stock a fair value of $46.95 per share, suggesting it has an 11% margin of safety.
Weeks of market ebullience are beginning to fade as the bad vibes of December make a comeback. There is still no concrete progress in the ongoing U.S.-China trade spat or the Trump-Democrat wall spat either, with parts of the U.S. government still shut down. But what's really rattling investors on Thursday is profit warnings from key retailers after a solid (yet debt-fueled) holiday shopping season. As a result, the Retail SPDR (NYSEARCA:XRT) is down more than 2.4%, falling away from critical resistance near its 50-day moving average -- a level that turned the bulls around back in November and December. * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors Here are five stocks to sell in the industry that are headed for the clearance rack: InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Macy's (M) Macy's (NYSE:M) shares are getting slammed today, heading down nearly 20% and returning to early 2018 levels after the company lowered forward guidance. Management is now looking for fiscal 2019 earnings of between $3.95 and $4.00 per share vs. the $4.23 analysts were expecting. This is fueling a broad worry that the credit card binge that fueled holiday shopping in 2018 isn't going to continue in 2019. The company will next report results on Feb. 26 before the bell. Analysts are looking for earnings of $2.76 per share on revenues of $8.5 billion. When the company last reported on Nov. 14, earnings of 27 cents per share beat estimates by 13 cents on a 2.3% rise in revenues. ### Kohl's (KSS) Kohl's (NYSE:KSS) shares are down nearly 8% in mid-day trading on Thursday, falling away from resistance at the 200-day moving average that turned the bulls lower back in late November. This caps a decline of more than 21% from the double-top high near $82 set over the autumn. The decline comes despite the issuance of in-line forward guidance today, as the worry surrounding Macy's affects the entire industry group. * 7 Stocks at Risk of the Global Smartphone Slowdown The company will next report results on Mar. 5 before the bell. Analysts are looking for earnings of $2.16 per share on revenues of $6.7 billion. When the company last reported on Nov. 20, earnings of 98 cents per share beat estimates by 2 cents on a 1.3% rise in revenues. ### Target (TGT) Target (NYSE:TGT) shares are once again falling away from critical resistance near the $70-a-share level, threatening to violate a possible inverse head-and-shoulders basing pattern. This marks a 25% decline from the September high. Management reported that holiday comp-store sales increased 5.7% from the year-ago period and also reaffirmed forward guidance. The company will next report results on Feb. 19 before the bell. Analysts are looking for earnings of $1.51 per share on revenues of more than $23.1 billion. When the company last reported on Nov. 20, earnings of $1.09 missed estimates by 2 cents on a 5.7% rise in revenues. ### TJX (TJX) Shares of off-price retailer TJX (NYSE:TJX) are falling away from resistance near the 200-day moving average, threatening a retest of the December lows near $42. Already, prices are down nearly 18% from the three-month topping pattern set in the autumn. On a technical basis, the stock is on the verge of a "death cross" with the 50-day average set to decline under the 200-day average. * 7 Tech Stocks That Can Lead a Sector Turnaround The company will next report results on Feb. 19 before the bell. Analysts are looking for earnings of 68 cents per share on revenues of nearly $11 billion. When the company last reported on Nov. 20, earnings of 63 cents per share beat estimates by 2 cents on a 12.1% rise in revenues. ### Walmart (WMT) Walmart (NYSE:WMT) shares are falling away from resistance near the 50-day moving average, setting up another challenge of the 200-day average capping a decline of more than 11% from its November high. Zooming out, the stock has been unable to push above the mid-$100s as the company's e-commerce efforts to push back against Amazon (NASDAQ:AMZN) fail to generate much excitement. The company will next report results on Feb. 14 before the bell. Analysts are looking for earnings of $1.32 per share on revenues of $139.3 billion. When the company last reported on Nov. 15, earnings of $1.08 per share beat estimates by 6 cents on a 1.4% rise in revenues. As of this writing, William Roth did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post 5 Retail Stocks Suffering Major Markdowns appeared first on InvestorPlace.
Some people consider Walmart (NYSE:WMT) stock to be an investment that people should buy and hold "forever." Sadly, the days of "buy and forget" are long gone for Walmart stock. While the largest retailer has plenty going for it, including seventeen straight quarters of rising comp sales and a rapidly growing U.S. e-commerce business, which gained 42% in the most recent quarter, there are just as many reasons to be cautious when it comes to WMT stock. For instance, selling, general and administrative expenses rose more than 12% between 2015 and 2018 ($93.4 billion to $104.7 billion), while revenue gained 3% ($485.6 billion to $500 billion) during that same time. Rising wages and pricey acquisitions such as its $16 billion deal for Flipkart will hurt WMT's profits for the foreseeable future. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors The average 52-week price target for the Walmart stock price is $107, which implies a 13% upside to current levels. I am not sure what the analysts are smoking given their consensus forecasts are calling for 2019 revenue growth of 2.9%. This matches last year's 2.9% sales gain ($485.6 billion to $500 billion) exactly. Notably, Walmart stock slumped nearly 6% in 2018 after going on a 43% tear a year earlier. They appear to be running on fumes. I realize that the law of large numbers applies to the Walmart stock price but there are plenty of other retail stocks that are a better choice. ### Better Bets Than Walmart Stock WMT stock trades at a forward price-to-earnings multiple of 20 which isn't particularly compelling given that peers such as Home Depot (NYSE:HD), Target (NYSE:TGT) and TJX (NYSE:TJX) are valued cheaper, offer more potential upside and are growing at a faster rate than the Bentonville, Ark.-based company. They are all worth buying despite their recent challenges. HD currently trades at roughly a 15% discount to its average 52-week price target of $204. Its forward price-to-earnings ratio is 17.3 and analysts are expecting 2019 revenue growth of 7.3% for the top home improvement chain. As the real estate market cools, the chain stands to benefit since homeowners may be willing to spend more on improving their homes as opposed to buying a new home. HD is also one of the best-run companies in the sector. To be sure, TGT took plenty of lumps in 2018. CEO Brian Cornell spooked Wall Street during the most recent quarter when he reported disappointing results as increased spending on e-commerce and higher wages eroded profit margins. The company, though, is doing fine as evidenced by comp sales, which were up 5.7% for the most recent quarter. Even with its problems, TGT is a better stock than WMT stock. * 7 Stocks at Risk of the Global Smartphone Slowdown Analysts are expecting TGT 2019 sales growth of 4.8%. The chain's forward P/E is 12.4 and TGT stock is currently trading at a discount of about 20% to its average 52-week price target of $84. Finally, there's TJX. The off-price retailer got hammered last year after posting disappointing third-quarter earnings as rising freight and labor costs eroded its profit margins. TJX, which sells top brands such as Tommy Hilfiger at rock bottom prices, continues to buck industry trends and open stores. But, thanks to its mastery of the "treasure hunt" format, TJX probably had a jolly holiday season and should fare well in an increasingly competitive retail sector TJX carries a forward P/E multiple of 18.25. Its stock trades at a discount of about 15% to its average 52-week price target of $54.40. Wall Street analysts are expecting TJX's 2019 sales to rise by 8.2%. As of this writing, Jonathan Berr did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post Walmart Stock Is Still Just a Dud Compared to Other Retail Stocks appeared first on InvestorPlace.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We'll show how you can use The TJX Companies, Inc.'s (NYSE:TJX) Read More...
A Triad-based sports bar chain soon will have locations in the region's three largest cities. Kickback Jack's is adding its first Winston-Salem location. According to the chain's website, it will go in a 7,000-square-foot former Tripps Restaurant at 3286 Silas Creek Pkwy.
TJX Companies' (TJX) solid merchandising and brand strategies combined with effective marketing efforts bode well. However, high wage and freight costs are concerning.
TJX Companies Stock: Why Analysts See Strong Growth Potential(Continued from Prior Part)12-month forward PE As of December 27, TJX Companies (TJX) was trading at a 12-month forward PE ratio of 17.2x. The company’s forward PE has fallen 9.
NEW YORK, Jan. 02, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
TJX Companies’ (TJX) consistent performance has earned it a “buy” recommendation from the majority of analysts covering the stock. As of December 27, 68% or 19 out of 28 analysts had a “buy” recommendation for TJX Companies. TJX Companies delivered upbeat sales and earnings in the third quarter of fiscal 2019, which ended on November 3.
The margins of several retailers have been under pressure due to a highly competitive environment and rising freight costs. TJX Companies’ gross margin declined in the third quarter of fiscal 2019 and in the first nine months of fiscal 2019, which ended on November 3. TJX Companies’ gross margin fell 90 basis points to 28.9% in the fiscal 2019 third quarter due to a rise in freight costs, higher supply chain expenses, and an unfavorable comparison related to inventory hedges.
TJX Companies (TJX) has been successful in implementing its off-price business model in Canada, Europe, and Australia. The company’s international operations consist of its TJX Canada and TJX International segment. The TJX International segment includes the sales from stores in Europe and Australia and online sales from tkmaxx.com in Europe. In the first nine months of fiscal 2019, which ended on November 3, TJX Canada contributed 10% of the company’s overall sales, while TJX International accounted for 13%.
TJX Companies’ (TJX) domestic business consists of its Marmaxx and HomeGoods divisions. The off-price retailer’s Marmaxx segment includes sales from T.J. Maxx and Marshalls stores as well as from tjmaxx.com. In the first nine months of fiscal 2019, which ended on November 3, the Marmaxx segment accounted for 62% of the company’s overall sales, while the HomeGoods segment contributed 15%.
TJX Companies’ (TJX) sales grew 11.8% to $27.8 billion in the first nine months of fiscal 2019, which ended on November 3. This growth rate was quite an improvement compared to the 5.0% sales growth in the first nine months of fiscal 2018. The higher top line in the first nine months was driven by same-store sales growth of 6%, a 5% rise in non-comparable sales, and a 1% favorable impact from foreign currency movements. The company experienced strong sales growth across its US and international divisions.
TJX Companies (TJX) has been delivering consistent sales growth even in a challenging retail market where online retailers are growing stronger. The company’s off-price business model has proved itself not only in the US market but also in international markets like Canada and Europe. As of December 27, TJX Companies stock had risen 14.7% on a YTD basis, outperforming the S&P 500, which was down 6.9%.
David Rolfe (Trades, Portfolio) is the chief investment officer of the $4 billion investment firm Wedgewood Partners and a past speaker at the GuruFocus Value Conference. Since inception in 1992, Wedgewood Partners has delivered an 11.40% annualized return compared to the 9.67% return in the S&P 500 index. Recently, Rolfe took questions from GuruFocus readers.
The Marshalls department store in Mondawmin Mall will close Jan. 12, becoming the second major retailer to exit the Northwest Baltimore shopping hub. A manager at the 21,000-square-foot store confirmed the closing Thursday morning, saying she didn't know why the store was closing as it is a "corporate decision." A representative at TJX Cos. Inc. — Marshall's parent company — later provided more detail. "We are always assessing and reviewing our real estate strategies, and our decision to close this store reflects that thinking," the representative said in an email.
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Faced with a chronic shortage of truck drivers, logistics firm Deutsche Post DHL Group (DPWGn.DE) is trialling a new scheme to get more people behind the wheel so it can keep goods flowing across Europe, especially at peak times like Christmas. A lack of drivers is already causing delays and rising costs for businesses in North America and Europe, with consumer goods firm Henkel (HNKG_p.DE) and retailers like Walmart (WMT.N), Kohl's Corp (KSS.N) and TJX (TJX.N) all reporting problems. DHL Freight is trying to make the job more attractive by offering drivers well-paid contracts, long-term career prospects, more varied work and schedules that allow them to get home to their families in the evening.
Microsoft Corp., CVS Health Corp., Macy's and two other companies have agreed to review their policies on executive compensation at the request of the New York state pension fund and Comptroller Thomas DiNapoli. Under the terms, the companies agree to consider what they pay all levels of employees as a factor when setting CEO salaries, instead of simply looking at what other CEOs earn. Similar agreements were reached with Salesforce.com and TJX Companies Inc., the parent company of TJ Maxx.