TJX (TJX) Dips More Than Broader Market: What You Should Know
TJX (TJX) closed at $155.74 in the latest trading session, marking a -1.94% move from the prior day.
TJX (TJX) closed at $155.74 in the latest trading session, marking a -1.94% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.32%. Meanwhile, the Dow experienced a drop of 0.34%, and the technology-dominated Nasdaq saw a decrease of 0.6%.
The stock of parent of T.J. Maxx, Marshalls and other stores has risen by 5.51% in the past month, lagging the Retail-Wholesale sector's gain of 6.83% and overreaching the S&P 500's gain of 2.46%.
The investment community will be closely monitoring the performance of TJX in its forthcoming earnings report. The company is scheduled to release its earnings on August 19, 2026. The company is expected to report EPS of $1.18, up 7.27% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $15.14 billion, reflecting a 5.1% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.19 per share and a revenue of $63.93 billion, indicating changes of +9.73% and +5.9%, respectively, from the former year.
Any recent changes to analyst estimates for TJX should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.37% higher. As of now, TJX holds a Zacks Rank of #2 (Buy).
Digging into valuation, TJX currently has a Forward P/E ratio of 30.62. This valuation marks no noticeable deviation compared to its industry average Forward P/E of 30.62.
It's also important to note that TJX currently trades at a PEG ratio of 3.43. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Retail - Discount Stores industry stood at 2.85 at the close of the market yesterday.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 85, this industry ranks in the top 35% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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This article originally published on Zacks Investment Research (zacks.com).