TJX (TJX) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - TJX ended the recent trading session at $125.43, demonstrating a +0.4% swing from the preceding day's closing price, outperforming the S&P 500's daily loss of 4.84% [1] - Prior to today's trading, shares of TJX had gained 1.54% over the past month, outpacing the Retail-Wholesale sector's loss of 5.85% and the S&P 500's loss of 4.7% during the same period [1] Upcoming Earnings - TJX is forecasted to report an EPS of$ 0.90, showcasing a 3.23% downward movement from the corresponding quarter of the prior year, while revenue is expected to be $12.97 billion, showing a 3.94% escalation compared to the year-ago quarter [2] - For the annual period, the Zacks Consensus Estimates anticipate earnings of$ 4.43 per share and revenue of $58.75 billion, signifying shifts of +3.99% and +4.24%, respectively, from the last year [3] Analyst Estimates and Valuation - The Zacks Rank system indicates that TJX holds a rank of 3 (Hold), with a Forward P/E ratio of 28.19, representing a premium compared to its industry's average Forward P/E of 20.66 [5] - TJX currently has a PEG ratio of 3.11, higher than the industry average PEG ratio of 2.58 [6] Industry Context - The Retail - Discount Stores industry, part of the Retail-Wholesale sector, currently has a Zacks Industry Rank of 157, placing it in the bottom 37% of all 250+ industries [6] - The strength of individual industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]