TJX(US:TJX) ZACKSยท2024-07-30 22:51Company 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]