Why TJX (TJX) Outpaced the Stock Market Today

Company Performance - TJX's stock closed at $121.65, reflecting a +1.26% increase compared to the previous day, outperforming the S&P 500's gain of 0.16% [1] - Over the past month, TJX shares have decreased by 5.55%, which is worse than the Retail-Wholesale sector's decline of 4.84% and the S&P 500's drop of 2.8% [1] Upcoming Financial Results - TJX is expected to report an EPS of$ 1.15, representing a 2.68% increase year-over-year, with quarterly revenue anticipated at $16.19 billion, down 1.34% from the previous year [2] - Full-year estimates project earnings of$ 4.18 per share and revenue of $56.2 billion, indicating year-over-year growth of +11.17% and +3.65%, respectively [3] Analyst Estimates and Valuation - Recent changes in analyst estimates for TJX suggest positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Rank for TJX is currently 2 (Buy), with a Forward P/E ratio of 28.75, which is higher than the industry average of 21.01 [6] - TJX has a PEG ratio of 2.94, compared to the industry average of 2.39, indicating a higher expected earnings growth trajectory [7] Industry Context - The Retail - Discount Stores industry, to which TJX belongs, ranks in the bottom 38% of all industries according to the Zacks Industry Rank [7] - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [8]