T.J. Maxx, Marshalls Parent Shares Slip 1.9% as EPS Forecast Climbs 12.2%
The company’s shares fell 1.89% in the latest session and are down 0.55% over the past month, underperforming the Retail-Wholesale sector’s 3.93% decline. Analysts project Q4 EPS of $1.38 (+12.2% YoY) on $17.4B revenue (+6.4%) while the stock trades at a 30.5x forward P/E versus the 27.3x industry average.
1. Market Performance
The stock closed the most recent session down 1.89% at $153.29, exceeding the S&P 500’s 0.33% loss and underperforming the Dow’s 0.1% gain and Nasdaq’s 0.59% drop. Over the past month, shares have declined 0.55%, trailing the Retail-Wholesale sector’s 3.93% slide and flat returns for the S&P 500.
2. Earnings Outlook
Analysts forecast fourth-quarter EPS of $1.38, representing a 12.2% year-over-year increase, on revenue of $17.4 billion, up 6.43%. Consensus for the full year calls for EPS of $4.67 on $60.02 billion in sales, and the stock trades at a 30.5x forward P/E compared with a 27.3x sector average.
3. Insider Sale Disclosure
Senator John Hickenlooper disclosed a sale of $50,000–$100,000 in company shares on January 14, marking his first TJX transaction since taking office and following a 22.8% share price gain over the past year.