The TJX Companies, Inc (TJX, $79.86) earnings expectations next week
On Wednesday, February 22, investors will be paying close attention to the earnings report from TJX Companies Inc., the parent company of popular retailers such as TJ Maxx, Marshalls, and HomeGoods. Analysts are forecasting earnings of $1.21 per share, which would represent a slight increase from the same period last year.
However, recent market trends indicate that TJX's stock may be headed for a rough patch. On February 16, the stock moved below its 50-day moving average, which is often used as a key indicator of a stock's short-term trend. This move below the 50-day moving average signals a change from an upward trend to a downward trend.
In fact, according to historical data from the past 54 instances when TJX moved below its 50-day moving average, the stock price decreased further within the following month in 39 of those instances. This means that the odds of a continued downward trend are estimated to be around 72%.
However, the stock price can drop more in the near future if TJX's earnings report and guidance fall short of expectations. When determining whether to purchase, sell, or retain their investments in TJX, investors must carefully consider the potential risks and benefits.
TJX in -2.53% downward trend, declining for three consecutive days on December 31, 2024
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where TJX declined for three days, in of 279 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Aroon Indicator for TJX entered a downward trend on January 06, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
TJX moved above its 50-day moving average on January 08, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TJX advanced for three days, in of 332 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 75, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. TJX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: TJX's P/B Ratio (15.552) is very high in comparison to the industry average of (3.964). P/E Ratio (25.829) is within average values for comparable stocks, (110.742). TJX's Projected Growth (PEG Ratio) (2.591) is slightly higher than the industry average of (1.444). Dividend Yield (0.013) settles around the average of (0.028) among similar stocks. P/S Ratio (2.131) is also within normal values, averaging (1.139).
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Fundamental Analysis Ratings
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General Information
a chain of retail apparels and home fashions stores
Industry ApparelFootwearRetail