Back to top

Image: Bigstock

TJX (TJX) Gains As Market Dips: What You Should Know

Read MoreHide Full Article

TJX (TJX - Free Report) ended the recent trading session at $159.92, demonstrating a +1.5% change from the preceding day's closing price. This change outpaced the S&P 500's 0.17% loss on the day. At the same time, the Dow added 0.49%, and the tech-heavy Nasdaq lost 0.83%.

The parent of T.J. Maxx, Marshalls and other stores's stock has climbed by 2.23% in the past month, falling short of the Retail-Wholesale sector's gain of 7.52% and the S&P 500's gain of 3.52%.

Investors will be eagerly watching for the performance of TJX in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 19, 2026. The company's earnings per share (EPS) are projected to be $1.18, reflecting a 7.27% increase from the same quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $15.13 billion, up 5.03% from the prior-year quarter.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.17 per share and a revenue of $63.91 billion, indicating changes of +9.3% and +8.35%, respectively, from the former year.

Investors might also notice recent changes to analyst estimates for TJX. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Empirical research indicates that these revisions in estimates have a direct correlation with impending 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.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.07% upward. Right now, TJX possesses a Zacks Rank of #2 (Buy).

Looking at valuation, TJX is presently trading at a Forward P/E ratio of 30.46. This expresses no noticeable deviation compared to the average Forward P/E of 30.46 of its industry.

We can also see that TJX currently has a PEG ratio of 3.41. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Retail - Discount Stores industry currently had an average PEG ratio of 2.82 as of yesterday's close.

The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 58, finds itself in the top 24% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Published in