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TJX (TJX) Stock Moves -0.98%: What You Should Know

In the latest trading session, TJX (TJX) closed at $43.64, marking a -0.98% move from the previous day. This change was narrower than the S&P 500's 1.54% loss on the day. At the same time, the Dow lost 1.49%, and the tech-heavy Nasdaq lost 2.17%.

Coming into today, shares of the parent of T.J. Maxx, Marshalls and other stores had lost 5.87% in the past month. In that same time, the Retail-Wholesale sector lost 6.13%, while the S&P 500 lost 6.77%.

Wall Street will be looking for positivity from TJX as it approaches its next earnings report date. This is expected to be February 27, 2019. On that day, TJX is projected to report earnings of $0.68 per share, which would represent a year-over-year decline of 1.45%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $10.98 billion, up 0.2% from the year-ago period.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.45 per share and revenue of $38.83 billion. These totals would mark changes of +21.29% and +8.26%, respectively, from last 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. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.83% lower within the past month. TJX currently has a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that TJX has a Forward P/E ratio of 18.02 right now. This valuation marks a no noticeable deviation compared to its industry's average Forward P/E of 18.02.

It is also worth noting that TJX currently has a PEG ratio of 1.65. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Discount Stores was holding an average PEG ratio of 1.43 at yesterday's closing price.

The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 190, which puts it in the bottom 26% of all 250+ industries.

The Zacks Industry Rank includes is listed in order 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.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.


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