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]

Company Performance - TJX's stock closed at $113.22, reflecting a +0.59% change from the previous trading day's closing, outperforming the S&P 500's 0.5% loss [1] - Over the past month, TJX shares gained 1.79%, surpassing the Retail-Wholesale sector's loss of 1.37% and the S&P 500's gain of 0.1% [1] - The upcoming earnings report is scheduled for August 21, 2024, with an expected EPS of $0.90, indicating a 5.88% increase year-over-year, and revenue projected at $13.33 billion, up 4.45% from the prior-year quarter [1] Analyst Estimates - Full-year Zacks Consensus Estimates predict earnings of $4.09 per share and revenue of $55.98 billion, representing year-over-year changes of +8.78% and +3.25%, respectively [2] - Recent modifications to analyst estimates indicate changing business trends, with positive revisions suggesting analyst optimism regarding TJX's profitability [2] Zacks Rank and Valuation - TJX currently holds a Zacks Rank of 2 (Buy), with a historical track record of outperforming the market [3] - The Forward P/E ratio for TJX is 27.52, which is a premium compared to the industry average of 21.43 [3] - The PEG ratio for TJX stands at 3.01, higher than the Retail-Discount Stores industry average of 2.31 [3] Industry Overview - The Retail-Discount Stores industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 62, placing it in the top 25% of over 250 industries [4] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]

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]

The TJX Companies, Inc. (TJX) is benefiting from its solid store and e-commerce growth efforts. The leading off-price retailer is committed to boosting growth through effective marketing initiatives. Management is focused on offering consumers attractive deals on popular brands and fashions.Courtesy of these upsides, the company began the fiscal 2025 on a strong note, with the first-quarter top and the bottom line increasing year over year. This performance bolsters management’s confidence in the ability to ...

Core Insights - Zacks Premium provides tools for investors to enhance their stock market engagement and confidence, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores are designed to help investors identify stocks with the potential to outperform the market in the short term [1] Zacks Style Scores Overview - Stocks are rated from A to F based on value, growth, and momentum, with A being the highest score indicating better chances of outperformance [2] - The Value Score focuses on identifying undervalued stocks using financial ratios like P/E and Price/Sales [2] - The Growth Score emphasizes a company's financial health and future growth potential based on earnings and sales projections [2] - The Momentum Score assesses trends in stock prices and earnings estimates to identify favorable investment opportunities [3] - The VGM Score combines all three Style Scores to provide a comprehensive evaluation of stocks based on value, growth, and momentum [4] Zacks Rank and Style Scores Interaction - The Zacks Rank is a proprietary model that uses earnings estimate revisions to guide investors in stock selection, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [5] - To maximize returns, investors should focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [6] - Stocks with lower ranks, even with high Style Scores, may still face downward price trends due to negative earnings outlooks [6] Company Spotlight: TJX Companies, Inc. - TJX is a leading off-price retailer with approximately 4,900 stores across nine countries and five e-commerce sites, offering a wide range of apparel and home fashions [7] - The company holds a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating potential for growth [7] - TJX is projected to achieve year-over-year earnings growth of 8.8% for the current fiscal year, supported by a Growth Style Score of B [8] - Recent analyst revisions have increased the earnings estimate for fiscal 2025, with the Zacks Consensus Estimate rising to $4.09 per share [8]

TJX (TJX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this parent of T.J. Maxx, Marshalls and other stores have returned +8.7% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Retail - Discount Stores industry, to which TJX belongs, has gained 4.4% over this period. Now the key question is: Where could the stock be headed in the near t ...

The TJX Companies, Inc. (TJX) unveiled plans for a joint venture in Mexico with Grupo Axo, S.A.P.I. de C.V. ("Axo"). Notably, Axo operates global brands in Mexico and South America across various retail formats, encompassing full-price and discounted offerings.More on HeadlinesPer the agreement, TJX will hold a 49% stake, while Axo will have a 51% stake in the joint venture. The collaboration will incorporate Axo's existing off-price, brick-and-mortar retail operations in Mexico, encompassing more than 200 ...