T.J. Maxx Story

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TJX -- USA Stock  

USD 52.87  1.01  1.87%

T.J. Maxx Accumulated Retained Earnings Deficit are fairly stable at the moment as compared to the past year. T.J. Maxx reported Accumulated Retained Earnings Deficit of 3.72 Billion in 2019. Tax Assets is likely to rise to about 46.4 M in 2020, whereas Average Assets are likely to drop slightly above 8.2 B in 2020. The essential goal of this article is to break down our current position on T.J. Maxx for investors considering to short it. We will inspect why T.J. Maxx investors may still consider a stake in the business.
Published over a month ago
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Are T.J. Maxx (NYSE:TJX) investors starting to hold back?
T.J. Maxx is FAIRLY VALUED at 61.77 per share with modest projections ahead. Over 93.0% of T.J. Maxx shares are owned by institutional investors. Institutional ownership of TJX Companies refers to the amount of TJX Companies equity owned by mutual funds, pension funds, insurance companies, investment firms, foundations, or other large entities that manage money on behalf of others. Check out our latest analysis of T.J. Maxx, including its current ownership diagnostics.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as TJX Companies. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for T.J. Maxx

How important is T.J. Maxx's Liquidity

T.J. Maxx financial leverage refers to using borrowed capital as a funding source to finance TJX Companies ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. T.J. Maxx financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between T.J. Maxx's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for T.J. Maxx, but it might be worth checking our own buy vs. sell analysis

Acquisition by Jose Alvarez of 1078 shares of T.J. Maxx subject to Rule 16b-3

Legal trades by T.J. Maxx insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
T.J. Maxx insider trading alert for grant of deferred stock units by Jose Alvarez, the corporate stakeholder, on 18th of September 2020. This event was filed by Tjx Companies Inc with SEC on 2020-09-18. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Is T.J. Maxx valued reasonably by the market?

The current bullish price patterns experienced by current T.J. Maxx shareholders created some momentum for investors as it was traded today as low as 57.37 and as high as 59.01 per share. The company executives have been very successful in rebalancing the company assets at opportune times to take advantage of market volatility in July. The stock standard deviation of daily returns for 30 days investing horizon is currently 2.38. The current volatility is consistent with the ongoing market swings in July 2020 as well as with TJX Companies unsystematic, company-specific events.

Returns Breakdown

Return on Assets
Return on Equity
Return on Investment62.58
Return on Assets19.88
Return on Equity58.77
Return Capital0.48
Return on Sales0.0965

Can T.J. Maxx correct the current slide?

Jensen alpha is down to 0.4. It may suggest a possible volatility slide. TJX Companies has relatively low volatility with skewness of 0.63 and kurtosis of 0.13. However, we advise all investors to independently investigate TJX Companies to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Our Conclusion on T.J. Maxx

While some firms within the apparel retail industry are still a little expensive, even after the recent corrections, T.J. Maxx may offer a potential longer-term growth to investors. To conclude, as of the 18th of August 2020, our analysis shows that T.J. Maxx barely shadows the market. The company is fairly valued and projects low probability of distress for the next 2 years. Our primary 30 days 'Buy-Sell' recommendation on the company is Strong Buy.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of TJX Companies. Please refer to our Terms of Use for any information regarding our disclosure principles.

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