In the latest trading session, TJX (TJX) closed at $140.20, marking a -2.44% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.6%. Elsewhere, the Dow saw an upswing of 0.03%, while the tech-heavy Nasdaq appreciated by 1.18%.
The stock of parent of T.J. Maxx, Marshalls and other stores has risen by 10.33% in the past month, leading the Retail-Wholesale sector's gain of 2.94% and the S&P 500's loss of 0.79%.
Market participants will be closely following the financial results of TJX in its upcoming release. The company plans to announce its earnings on November 18, 2026. The company is forecasted to report an EPS of $1.33, showcasing a 3.91% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $15.81 billion, indicating a 4.61% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.22 per share and a revenue of $63.91 billion, representing changes of +10.36% and +5.86%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for TJX. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.05% lower. TJX currently has a Zacks Rank of #3 (Hold).
In terms of valuation, TJX is currently trading at a Forward P/E ratio of 27.55. Its industry sports an average Forward P/E of 20.25, so one might conclude that TJX is trading at a premium comparatively.
Also, we should mention that TJX has a PEG ratio of 2.59. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Retail - Discount Stores stocks are, on average, holding a PEG ratio of 1.83 based on yesterday's closing prices.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 22, this industry ranks in the top 9% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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The TJX Companies, Inc. (TJX) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
