The TJX Companies, Inc. (TJX) is Attracting Investor Attention: Here is What You Should Know

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]