Company Performance - TJX closed at $158.25, with a daily increase of +2.73%, outperforming the S&P 500's gain of 0.01% [1] - Over the past month, TJX shares have decreased by 1.05%, while the Retail-Wholesale sector gained 1.61% and the S&P 500 increased by 0.86% [1] Earnings Projections - TJX is expected to report earnings of $1.37 per share, reflecting a year-over-year growth of 11.38% [2] - The Zacks Consensus Estimate for revenue is projected at $17.3 billion, an increase of 5.82% from the previous year [2] Annual Estimates - For the annual period, earnings are anticipated to be $4.66 per share, with revenue expected to reach $59.93 billion, indicating growth of +9.39% and +6.34% respectively [3] - Recent revisions to analyst forecasts for TJX are important as they reflect short-term business trends, with positive revisions suggesting a favorable outlook on business health and profitability [3] Valuation Metrics - TJX has a Forward P/E ratio of 33.03, which is higher than the industry average of 28.98 [5] - The company has a PEG ratio of 3.46, matching the average PEG ratio of the Retail - Discount Stores industry [6] Industry Ranking - The Retail - Discount Stores industry holds a Zacks Industry Rank of 43, placing it in the top 18% of over 250 industries [6] - The Zacks Rank system indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
TJX (TJX) Surpasses Market Returns: Some Facts Worth Knowing