TJX (TJX) Stock Drops Despite Market Gains: Important Facts to Note
From Nasdaq:
TJX ended the recent trading session at $95.03, demonstrating a -0.23% swing from the preceding day’s closing price. Meanwhile, shares had gained 5.89% over the past month, outpacing the Retail-Wholesale sector. Earnings are expected at $1.11, with a revenue of $16.14 billion, both reflecting significant increases from the prior year.
In the context of valuation, TJX is at present trading with a Forward P/E ratio of 25.39, a premium compared to the average for its industry. TJX also boasts a PEG ratio of 2.26, with the Retail – Discount Stores industry having an average PEG ratio of 2.26.
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The TJX Companies, Inc. (TJX) : Free Stock Analysis Report can also be accessed for further analysis.
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