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.

The electric vehicle revolution is expanding, offering investors significant opportunities to reap huge gains as millions of lithium batteries are being made and demand is expected to increase by 889%. Investors can check out a brand-new free report revealing 5 EV battery stocks set to soar.

The TJX Companies, Inc. (TJX) : Free Stock Analysis Report can also be accessed for further analysis.



Read more: TJX (TJX) Stock Drops Despite Market Gains: Important Facts to Note