|Bid||51.39 x 4000|
|Ask||51.58 x 800|
|Day's Range||50.38 - 51.58|
|52 Week Range||41.49 - 57.15|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||21.05|
|Earnings Date||Aug 20, 2019|
|Forward Dividend & Yield||0.92 (1.83%)|
|1y Target Est||58.09|
Investing.com - This week investors will be watching to see how the Federal Reserve may respond to recession fears whipped up by the inversion of the Treasury yield curve.
In normal circumstances, off-price discount retailers like TJX Companies (NYSE:TJX) offer a straightforward investment thesis. Selling name-brand fashion and household goods far below their regular retail price, TJX stock broadly appeals to investors. Furthermore, the company's attractive rates create a moat against disruptive e-commerce stores.Source: Shutterstock That said, TJ Maxx stock took a beating starting from the middle of this week. With the shocking 800-point drop in the Dow Jones on Wednesday, virtually all companies saw red ink. Furthermore, TJX Companies faces an acute threat from the ongoing and escalating U.S.-China trade war.As everybody knows, TJX stock lives on profitability margins. Their business revolves around taking off-season or otherwise discounted goods and passing the savings onto customers. However, a protracted trade war risks common goods and apparel from suffering a price hike. Eventually, this translates to higher costs for TJ Maxx, which directly impacts their more price-sensitive customers.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks Under $5 to Buy for Fall However, this circumstance most likely won't impact the upcoming TJX earnings report for the second quarter of fiscal 2020. Analysts are expecting a solid showing, in line with prior results. Still, recent macro-economic headwinds will impact how you approach TJ Maxx stock. Let's take a deeper look: TJX Earnings Should Beat, but Guidance Will Be KeyFor Q2, consensus estimates peg TJX earnings per share at 62 cents. This is in the middle of a narrow forecast spectrum, which ranges from 60 cents to 64 cents. In the year-ago quarter, the discount retailer produced an EPS of 59 cents, besting consensus of 53 cents. Therefore, a beat is well within reason, given the company's impressive growth trajectory.Speaking of growth, analysts forecast revenue to hit a consensus target of $9.9 billion. Again, the forecast range was very narrow, from $9.8 billion to $10 billion. In Q2 fiscal 2019, top-line sales came in at $9.3 billion. As with expectations for TJX earnings, it's not unreasonable to anticipate a revenue beat.Ordinarily, I'd expect TJX stock to jump both ahead of the print and after it. Fundamentally, TJ Maxx has done what few retailers have: offer a viable alternative to Amazon (NASDAQ:AMZN) and other online threats.More impressively, the underlining business for TJ Maxx stock doesn't lend itself to organic protection. This isn't Home Depot (NYSE:HD), where consumers must absolutely have the perfect product. Instead, we're talking about apparel and home goods, not exactly mission-critical stuff.Further, 44% of online consumers begin their e-commerce window-shopping on Amazon. Thus, Amazon has countless opportunities for spur-of-the-moment purchases. Yet TJX stock has performed very well up until recently due to attractive prices, rotating inventory, and powerful initiatives like targeted mobile ads.But because we have this nasty trade war, most retailers understandably face credibility questions. And that's why TJX stock won't have an easy go just because management hits all the right notes for the print. Instead, it's guidance that will count.How they will spin this is tough to predict. Like I said, TJ Maxx stock depends on margins which the trade war threatens. How to Approach TJX StockWhen strategizing your next move, it helps to adopt a practical approach. On one hand, the TJX earnings report will likely highlight the reasons why you're thinking about these shares. Additionally, TJ Maxx stock appeals to those who seek protection from a broader market downturn.Because no matter what happens in the economy, people need to buy clothes. This dynamic alone will make TJX stock incredibly relevant.Further, deflated consumer sentiment may actually help TJ Maxx at Amazon's expense. If belt-tightening occurs, consumers are less likely to pay for things like shipping or premium subscriptions. Instead, they'll hop into their cars and shop at brick-and-mortar retailers.But on the other hand, this market decline probably represents a sign of things to come. We've been riding the longest bull market in history. Inevitably, we'll have some kind of corrective action. And in this context, I believe TJX faces volatility risks.Therefore, I'd probably sit out doing anything rash prior to and immediately following the TJX earnings report. Let the markets fully digest these macro-headwinds, and then carefully buy into the discount.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks Under $5 to Buy for Fall * 5 Stocks to Avoid Amid the Ongoing Trade War * 7 5G Stocks to Buy Now for the Future The post TJX Earnings Will Beat the Print, but Will It Matter for TJ Maxx Stock? appeared first on InvestorPlace.
TJX (TJX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TJX Companies' (TJX) second-quarter fiscal 2020 results are likely to gain from robust comparable store sales. The company has been seeing high traffic for 19 quarters now.
Data shows that if you want to generate alpha and outperform the major indexes, some of the top stocks to buy are companies that practice gender diversity.Catalyst, the global nonprofit dedicated to building workplaces for women that work, has done exhaustive research into why diversity and inclusion matter. Among its findings: * Companies pay something of a self-imposed penalty for lack of diversity. That is, those companies that poorly practice gender and ethnic/cultural diversity were 29% less likely to experience profitability above the industry average. * A study of U.S. companies in the MSCI World Index between 2011 and 2016 found that "companies beginning with at least three women on their boards produced median gains of 10% ROE and 37% Earnings Per Share" over the five-year period. Companies with fewer women on their boards delivered less growth in these two important metrics. * A 2016 study by Intel and Dalberg Global Development Advisors found that tech companies that practiced diversity had higher revenues, profits, and market value than those that didn't. According to the study, diversity was worth $320 billion-$390 billion in increased market value by closing the gender gap in leadership.In short, investing in gender-diverse stocks isn't just a moral stance - it's financially rewarding. For investors looking for ways to get in, here are 10 top stocks that show gender diversity counts. SEE ALSO: All 30 Dow Stocks Ranked: The Analysts Weigh In
July-quarter ending retailers are soon to report their earnings, shedding light on their summer sales as well as their expectations for back-to-school shopping and the looming holiday shopping season.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Fairfield, OH, based Investment company Cincinnati Specialty Underwriters Insurance CO (Current Portfolio) buys TJX Inc, sells Polaris Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Cincinnati Specialty Underwriters Insurance CO. Continue reading...
The TJX Companies, Inc. (TJX) today announced that it plans to release its second quarter Fiscal 2020 sales and earnings results on Tuesday, August 20, 2019, before 9:30 a.m. ET. At 11:00 a.m. ET that day, Ernie Herrman, TJX’s Chief Executive Officer and President, will hold a conference call to discuss the Company’s second quarter Fiscal 2020 results, operations and business trends. The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide.
Another wave of tariffs is right around the corner, and the timing ‘could not be worse for retailers’ for U.S. retailers, according to a Bank of America Merrill Lynch analyst.
PriceSmart's (PSMT) sound fundamentals, healthy renewal rates, constant-currency sales, focus on omni-channel platform and strong balance sheet fortify its position.