Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Read Next: Considering buying TJX stock? Here’s what analysts think: ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about TJX (TJX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.TJX currently has an average brokerage recommendation (ABR) of 1.16, ...

In the latest market close, TJX (TJX) reached $109.41, with a +0.48% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 1.04% for the day. Meanwhile, the Dow experienced a rise of 0.76%, and the technology-dominated Nasdaq saw an increase of 1.03%.The parent of T.J. Maxx, Marshalls and other stores's stock has dropped by 2.96% in the past month, exceeding the Retail-Wholesale sector's loss of 8.36% and the S&P 500's loss of 6.74%.The upcoming earnings rele ...

Retailers are about to take over the earnings confessional, with TJX Companies Inc (NYSE:TJX) slated to report second-quarter results before the open on Monday, Aug. 21. The equity is also one of the best 25 S&P 500 Index (SPX) names to own in August, and is the only retailer thar made the cut, according to our Schaeffer's Senior Quantitative Analyst Rocky White. Digging deeper, TJX finished the month higher in nine of the last 10 years, and averaged a 4.4% gain. The shares sport a more than 31% year-over-y ...

Core Viewpoint - TJX has shown a positive stock performance recently, outperforming the broader market and its industry, indicating potential for future growth [1] Earnings Estimate Revisions - The current quarter's earnings estimate for TJX is $0.87 per share, reflecting a +2.4% change year-over-year, with the fiscal year estimate at $4.09, indicating an +8.8% change [3] - The next fiscal year's consensus earnings estimate is $4.50, suggesting a +9.9% change from the previous year [3] - The Zacks Rank for TJX is 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [4] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $13.33 billion, representing a +4.5% year-over-year change [5] - For the current fiscal year, revenue estimates are $55.98 billion, indicating a +3.3% change, and for the next fiscal year, $58.93 billion, suggesting a +5.3% change [5] Last Reported Results and Surprise History - TJX reported revenues of $12.48 billion in the last quarter, a +5.9% year-over-year increase, with an EPS of $0.93 compared to $0.76 a year ago [6] - The company has surpassed consensus EPS estimates three times in the last four quarters [6] Valuation - TJX's valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), are essential for assessing its stock price relative to its intrinsic value [7] - The Zacks Value Style Score for TJX is graded C, indicating it is trading at par with its peers [8] Conclusion - The Zacks Rank 2 suggests that TJX may outperform the broader market in the near term, making it a stock worth monitoring [9]

The most recent trading session ended with TJX (TJX) standing at $113.22, reflecting a +0.59% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.5% loss on the day. Meanwhile, the Dow experienced a rise of 0.5%, and the technology-dominated Nasdaq saw a decrease of 1.28%.Shares of the parent of T.J. Maxx, Marshalls and other stores witnessed a gain of 1.79% over the previous month, beating the performance of the Retail-Wholesale sector with its loss of 1.37% and the S&P 500 ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Zac ...

The TJX Companies, Inc. (TJX) is gaining on its robust expansion in brick-and-mortar and online retail channels. As a leading off-price retailer, TJX is actively focused on accelerating its growth through effective marketing strategies. The company is committed to delivering attractive deals on popular brands and trendy fashion items to its customers.Courtesy of these upsides, The TJX Companies began the fiscal 2025 on a strong note, with the first-quarter top and the bottom line increasing year over year a ...

Core Viewpoint - TJX has shown strong performance in the stock market, with a notable increase in share price and positive earnings projections, indicating a favorable outlook for the company [1][2]. Company Performance - TJX closed at $113.94, marking a +0.86% increase from the previous day, outperforming the S&P 500 which fell by 0.88% [1] - Over the past month, TJX shares gained 5.49%, surpassing the Retail-Wholesale sector's gain of 1.55% and the S&P 500's gain of 5.11% [1] - The upcoming earnings release is anticipated, with projected EPS of $0.90, reflecting a 5.88% increase year-over-year, and revenue forecasted at $13.33 billion, indicating a 4.45% growth [1] Analyst Estimates - For the annual period, earnings are expected to be $4.09 per share and revenue at $55.98 billion, representing increases of +8.78% and +3.25% respectively from the previous year [2] - Recent changes in analyst estimates suggest a positive outlook for TJX's business trends, with positive revisions typically correlating with stock price increases [2] Valuation Metrics - TJX has a Forward P/E ratio of 27.62, which is higher than the industry average of 21.24 [3] - The company has a PEG ratio of 3.02, compared to the Retail-Discount Stores industry average PEG ratio of 2.51 [3] Industry Context - The Retail-Discount Stores industry is ranked 169 in the Zacks Industry Rank, placing it in the bottom 33% of over 250 industries [4] - The Zacks Industry Rank indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [4]

Investment Performance - TJX Companies reported a strong first quarter for fiscal 2025, with sales growing by 6% YoY to $12.5 billion, driven by increased customer traffic and a 3% rise in comparable store sales [2] - Earnings per share jumped 22.4% to $0.93, surpassing expectations of $0.87 [2] Management Evaluation - CEO Ernie Herrman has a high approval rating and emphasizes maintaining a value proposition through selective price increases and strategic buying [5] - The management is successfully attracting younger demographics while balancing customer acquisition across various age and income groups [5] - CFO John Klinger highlighted strong financial performance with a high return on assets (ROA) of 15% and return on equity (ROE) of 66%, alongside low leverage levels [6] Corporate Strategy - TJX focuses on geographic growth in the US, Canada, and Europe, emphasizing a "treasure hunt" shopping experience that offers a constantly changing variety of products at significant discounts [8] - The company prioritizes transaction growth over higher spending per visit, maintaining a strong value proposition for a broad customer base [8] Competitive Landscape - TJX dominates the off-price retail market, with competitors like Nordstrom Rack and Saks Off 5th targeting more fashion-conscious audiences [10] - The company’s strategy of prioritizing brick-and-mortar stores, while having a limited online presence, is aimed at encouraging frequent store visits [10] Valuation Metrics - TJX currently trades at around $112.21, with a year-to-date increase of approximately 20% [11] - The stock is considered overvalued based on fundamental metrics, with a fair value of $63.55 according to discounted cash flow analysis [13] - The forward price-to-earnings growth (PEG) ratio is 3.29x, significantly higher than the sector median of 1.45x, indicating a premium valuation [13] Technical Analysis - The stock has been on a positive momentum, hitting all-time highs since the last earnings report, but is currently viewed as overvalued on a technical basis [16] - A support level is identified around $100, with potential for a price correction [16] Conclusion - TJX Companies demonstrates strong financials and a loyal customer base, but concerns about overvaluation exist due to high stock prices and valuation metrics [17][18] - The company's unique shopping experience and global expansion strategy are strengths, while a limited online presence poses a challenge [18]