Company Performance - TJX closed at 1.15 per share, indicating a year-over-year growth of 2.68% [2] - The consensus estimate for revenue is $16.19 billion, which represents a decline of 1.34% compared to the same quarter last year [2] Analyst Sentiment - Recent changes in analyst estimates for TJX suggest a positive outlook, reflecting optimism about the company's business and profitability [3] Valuation Metrics - TJX has a Forward P/E ratio of 27.23, which is higher than the industry average of 19.36 [6] - The company also has a PEG ratio of 2.78, compared to the Retail - Discount Stores industry's average PEG ratio of 2.08 [6] Industry Context - The Retail - Discount Stores industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 66, placing it in the top 27% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
TJX (TJX) Rises But Trails Market: What Investors Should Know