TJX Companies (TJX): Today's Featured Retail Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

TJX Companies ( TJX) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole was unchanged today. By the end of trading, TJX Companies fell 54 cents (-1.2%) to $43.54 on average volume. Throughout the day, 5.8 million shares of TJX Companies exchanged hands as compared to its average daily volume of 5.5 million shares. The stock ranged in price between $43.16-$44.16 after having opened the day at $44.08 as compared to the previous trading day's close of $44.08. Other companies within the Retail industry that declined today were: Best Buy ( BBY), down 13%, Shoe Carnival ( SCVL), down 11.2%, U.S. Auto Parts Network ( PRTS), down 7%, and Orchard Supply Hardware ( OSH), down 6.5%.
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The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. TJX Companies has a market cap of $31.25 billion and is part of the services sector. The company has a P/E ratio of 18.5, above the S&P 500 P/E ratio of 17.7. Shares are up 31.5% year to date as of the close of trading on Monday. Currently there are 12 analysts that rate TJX Companies a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates TJX Companies as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Roundys ( RNDY), up 9.3%, DSW ( DSW), up 8.8%, ALCO Stores ( ALCS), up 8.6%, and Christopher & Banks Corporation ( CBK), up 6.7%, were all gainers within the retail industry with Whole Foods Market ( WFM) being today's featured retail industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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