The TJX Companies, Inc. (TJX) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - TJX shares have shown strong performance, reaching a new 52-week high and outperforming the broader retail sector and discount stores industry [1][2]. Financial Performance - TJX has consistently exceeded earnings expectations, reporting EPS of $1.23 against a consensus estimate of $1.16 in its last earnings report [2]. - For the current fiscal year, TJX is projected to achieve earnings of $4.43 per share on revenues of $58.75 billion, reflecting a 3.99% increase in EPS and a 4.24% increase in revenues [3]. - The next fiscal year forecasts earnings of $4.86 per share on $61.83 billion in revenues, indicating year-over-year changes of 9.57% and 5.25%, respectively [3]. Valuation Metrics - TJX's current valuation metrics indicate a premium, trading at 29.7X current fiscal year EPS estimates compared to the peer industry average of 22.2X [7]. - On a trailing cash flow basis, TJX trades at 24X versus a peer group average of 16.6X, with a PEG ratio of 3.27, suggesting it is not among the top value stocks [7]. Style Scores and Zacks Rank - TJX has a Value Score of D, a Growth Score of A, and a Momentum Score of D, resulting in a VGM Score of B [6]. - The stock holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates, indicating potential for further gains [8].