Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Zealand Pharma stock: What’s next for the weight loss drug maker

    June 19, 2026

    European stocks muted as US-Iran peace talks called off

    June 19, 2026

    Bernie Sanders unveils $7 trillion plan to give Americans control of AI industry

    June 19, 2026
    Facebook X (Twitter) Instagram
    Addison Markets
    • Home
    • USA
    • Europe
    • Business
    • Investing
    • Tech
    • Politics
    • Contact Us
    Addison Markets
    Home»Business»Ross Stores, TJX are companies with earnings momentum that are reporting this week
    Business

    Ross Stores, TJX are companies with earnings momentum that are reporting this week

    franperez66q@protonmail.comBy franperez66q@protonmail.comMay 17, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email


    Ross Stores and TJX Companies are among the companies reporting quarterly results this week that have earnings momentum at their backs. Although just 14 stocks in the S & P 500 are on the docket to report earnings in the coming week, it will still be an important one for the season. Retailers are set to make a big showing, but artificial intelligence darling Nvidia will be the week’s headliner. CNBC Pro screened data from FactSet to identify the S & P 500 companies reporting results this week that have seen accelerated earnings momentum lately. The stocks in the below table had to meet the following criteria: Earnings estimates revised up by at least 10% in the past three and six months Have an average analyst price target implying upside of at least 10% Retailers TJX Companies and Ross Stores are two stocks seeing improved earnings estimates. The companies report quarterly results on Wednesday and Thursday , respectively. Shares of TJX Companies have slipped 4% in 2026, while Ross Stores has gained 18%. On Friday, Deutsche Bank reiterated its buy rating on both stocks ahead of their earnings reports. “ROST’s [same-store sales] momentum continues to defy expectations, with strong post-holiday trends seemingly continuing through April despite noise from the Easter shift. We continue to see positive consumer feedback from ROST’s merchandising and advertising improvements, which appear to be helping sustain outsized transaction growth,” wrote analyst Krisztina Katai. Katai’s $253 price target for the stock represents an upside of about 19%. As for TJX, the analyst said the following: “We believe TJX sets up favorably into EPS given its recent underperformance vs. peers (-2.2% YTD vs. ROST +20.8% and BURL flat) and broader retail sentiment trending lower.” “We believe TJX’s resilient ‘treasure hunt’ business model (alongside a more aggressive marketing cadence this year) is well positioned to sustain share gains across income cohorts, and suspect that a status-quo update from management could help ignite a relief rally across the sector,” Katai added. The analyst’s $182 price target implies that shares of TJX could rise 23% from here. Other stocks on the list include Keysight Technologies and Nordson Corporation .



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    franperez66q@protonmail.com
    • Website

    Related Posts

    Zealand Pharma stock: What’s next for the weight loss drug maker

    June 19, 2026

    Indian IT stocks slump up to 7% as Accenture cuts revenue outlook, fueling fresh concerns over sector growth

    June 19, 2026

    U.S.-Iran accord hits early snag after Swiss talks fail to proceed as planned

    June 19, 2026

    Oil drifts lower as Strait of Hormuz reopens, focus shifts to demand outlook

    June 19, 2026

    Yen slides past 161 against the dollar, nearing 40-year low and reviving intervention bets

    June 19, 2026

    Why Japan’s intervention and a rate hike didn’t prop up the yen more

    June 19, 2026
    Leave A Reply Cancel Reply

    Top Reviews
    Editors Picks

    Zealand Pharma stock: What’s next for the weight loss drug maker

    June 19, 2026

    European stocks muted as US-Iran peace talks called off

    June 19, 2026

    Bernie Sanders unveils $7 trillion plan to give Americans control of AI industry

    June 19, 2026

    Scottish Conservatives win first Westminster by-election in more than 50 years

    June 19, 2026
    © 2026 All right reserved
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.