TJX (TJX) Stock Sinks As Market Gains: Here’s Why

From Nasdaq, Inc.:

TJX (TJX) closed at $91.71, -1.15% from the previous session and behind S&P 500’s gain. It outpaced the Retail-Wholesale gain at 4.38%. Upcoming earnings prediction is $1.11 per share, an increase of 24.72%, with full-year earnings projected at +20.58%. TJX currently holds a Zacks Rank of #3 (Hold).

The stock is currently being traded at Forward P/E ratio of 24.73, a premium compared to industry’s average Forward P/E of 23.74. The PEG ratio is 2.2 compared to industry’s average PEG ratio of 2.2. The Retail – Discount Stores industry is in the top 39% of all 250+ industries.

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