TJX (TJX) Stock Sinks As Market Gains: Here's Why

Company Overview - TJX's stock closed at $123.42, reflecting a -0.33% change from the previous trading day, underperforming the S&P 500 which gained 0.24% [1] - Over the past month, TJX's stock has increased by 0.43%, lagging behind the Retail-Wholesale sector's gain of 5.98% and the S&P 500's gain of 2.37% [1] Upcoming Financial Results - TJX is set to announce its earnings on February 26, 2025, with an expected EPS of$ 1.15, indicating a 2.68% growth compared to the same quarter last year [2] - The consensus estimate for quarterly revenue is $16.19 billion, which represents a decline of 1.34% from the previous year [2] Analyst Estimates and Confidence - Recent changes to analyst estimates for TJX reflect short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] - The Zacks Rank system, which incorporates these estimate changes, currently ranks TJX as 2 (Buy), suggesting a favorable outlook [5] Valuation Metrics - TJX has a Forward P/E ratio of 27.04, which is a premium compared to the industry's average Forward P/E of 19.02 [6] - The company has a PEG ratio of 2.76, higher than the Retail - Discount Stores industry's average PEG ratio of 2.08 [7] Industry Context - The Retail - Discount Stores industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 31, placing it in the top 13% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]