TJX (TJX) closed at $137.63 in the latest trading session, marking a -2.39% move from the prior day. This change lagged the S&P 500's daily gain of 0.37%. On the other hand, the Dow registered a loss of 0.38%, and the technology-centric Nasdaq increased by 0.83%.
Prior to today's trading, shares of the parent of T.J. Maxx, Marshalls and other stores had gained 4.9% lagged the Retail-Wholesale sector's gain of 6.26% and outpaced the S&P 500's loss of 2.29%.
Analysts and investors alike will be keeping a close eye on the performance of TJX in its upcoming earnings disclosure. The company's earnings report is set to go public on November 18, 2026. The company is expected to report EPS of $1.33, up 3.91% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $15.81 billion, up 4.61% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.22 per share and a revenue of $63.91 billion, indicating changes of +10.36% and +8.36%, respectively, from the former year.
It is also important to note the recent changes to analyst estimates for TJX. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.05% lower within the past month. TJX currently has a Zacks Rank of #3 (Hold).
Digging into valuation, TJX currently has a Forward P/E ratio of 27.03. This denotes a premium relative to the industry average Forward P/E of 20.04.
It's also important to note that TJX currently trades at a PEG ratio of 2.67. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Retail - Discount Stores industry stood at 1.91 at the close of the market yesterday.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 54, positioning it in the top 22% 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.
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The TJX Companies, Inc. (TJX): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).