TJX Climbs 1.27% as Major Indices Tumble
Shares of TJX Companies (TJX) closed the trading day on February 3, 2026, at $152.07, marking a 1.27% gain from the prior session. The advance occurred as the broader market faced selling pressure, with the S&P 500 losing 0.84%, the Dow Jones Industrial Average dropping 0.34%, and the tech-heavy Nasdaq Composite decreasing by 1.43%. Despite this daily outperformance, the stock has lagged over the past month, recording a 2.39% loss while its Retail-Wholesale sector gained 6.19%.
Analysts Forecast 12.2% EPS Growth Ahead of Report
Investor attention is now focused on TJX's forthcoming earnings release. Consensus estimates project earnings per share (EPS) of $1.38, which would represent a 12.2% increase from the same quarter last year. Analysts are also calling for revenue of $17.4 billion, a 6.43% rise from the prior-year period. This optimism is reinforced by recent positive estimate revisions, with the Zacks Consensus EPS estimate rising 0.47% over the last month, contributing to the stock's current Zacks Rank of #2 (Buy).
For the full year, analysts forecast earnings of $4.67 per share and revenue of $60.02 billion. These figures would reflect a 9.62% increase in earnings but flat year-over-year revenue growth. The positive analyst sentiment suggests confidence in the company's near-term business dynamics and its ability to deliver on profitability.
Stock Commands Premium Valuation in Strong Sector
Reflecting expectations for growth, TJX currently trades at a Forward P/E ratio of 29.31. This valuation represents a premium compared to the average for its industry peers, which stands at 26.71. The company’s PEG ratio of 2.87 is in line with the Retail - Discount Stores industry average, indicating that its price is balanced when factoring in expected earnings growth.
The company operates within the Retail - Discount Stores industry, which is part of the broader Retail-Wholesale sector. With a Zacks Industry Rank of 45, this group stands in the top 19% of more than 250 industries tracked, signaling a healthy operating environment that could provide a tailwind for constituent stocks like TJX.
