TJX Companies Inc. shares touched a 52-week low of $131.16 on Tuesday, extending a recent decline as the retailer’s Marmaxx division faces headwinds. The stock last traded at $131.37, a fraction above the low, after closing 1.5% lower at $131.31 on Aug. 31. After-hours activity showed a modest rebound to $131.85.
The company reported second-quarter fiscal 2027 results that topped expectations despite the broader pressure. Adjusted earnings per share reached $1.22, exceeding the $1.19 forecast by Wall Street. Revenue rose 4% to $15.2 billion, driven by a higher average transaction value and increased customer visits. Adjusted pre-tax profit margin expanded to 11.9%, signaling operational efficiency.
Analysts offered divergent views on the stock’s outlook. Jefferies downgraded TJX to Hold from Buy and cut its price target to $145, citing concerns over the Marmaxx division’s performance. Bernstein maintained an Outperform rating with a $175 target, arguing that Marmaxx stores near competitors are not underperforming despite competitive pressures. UBS raised its target to $198 and kept a Buy rating, citing confidence in the company’s ability to capture market share from traditional department stores.
The stock’s decline has pushed it 23% below its 52-week high of $170, with a one-year decline of 7%. InvestingPro data indicates the Relative Strength Index places the shares in oversold territory, while eight analysts have revised earnings estimates upward for the coming period.
