Erste Group trims forecast for TJX Companies stock to USD 5.24

Published on 10/20/2026 at 10:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

TJX Companies stock costs EUR 131.50 on October 20, 2026 at Lang & Schwarz. Fiscal second-quarter revenue reached USD 15.18 billion.

Analyst forecast trimmed

Erste Group Bank reduced its fiscal 2027 earnings forecast to USD 5.24 on October 8, 2026.
Second-quarter fiscal 2027 revenue reached USD 15.18 billion on August 1, 2026.
TJX Companies stock trades at EUR 131.50 at 10:38 a.m. CEST at Lang & Schwarz on October 20, 2026.
The next earnings report is scheduled for November 18, 2026.

Isometrische 3D-Grafik einer Lieferkette von Fabrik über Lager bis zum Einzelhandelsgeschäft — TJX Companies Inc. (US8725401090) organisiert komplexe globale Lieferketten, gezeigt als isometrisches 3D-Prozessdiagramm des Einzelhandels, Illustration mit AI erstellt.

TJX Companies (US8725401090) stock costs EUR 131.50 at Lang & Schwarz on October 20, 2026, while MarketBeat reported that Erste Group Bank cut its fiscal 2027 earnings-per-share forecast to USD 5.24 from USD 5.25 in a note dated October 8, 2026. The bank kept a Hold rating.

Forecast trims test the valuation

The change is small in absolute terms, but it matters because the forecast sits below the broader fiscal 2027 consensus of USD 5.22 only by a narrow margin. MarketBeat also reported that TJX Companies had set fiscal 2027 guidance at USD 5.15 to USD 5.20 per share, leaving Erste Group Bank's estimate USD 0.04 above the top of that company range.

The latest quarterly numbers provide the operating counterweight. For the second quarter of fiscal 2027, TJX Companies reported revenue of USD 15.18 billion, up 5.4 percent year over year, and earnings per share of USD 1.22 against a USD 1.19 consensus estimate, according to MarketBeat. The quarter ended August 1, 2026, and revenue was USD 0.02 billion above the cited consensus.

What does the quarter mean for margins?

The earnings quality deserves attention because a tariff refund contributed to the profit increase. LineVest calculated that USD 219 million of the USD 367 million increase in quarterly operating profit came from net tariff refunds after related compensation expenses. That puts the refund contribution at 59.67 percent of the reported operating-profit increase.

The same analysis said operating profit rose from USD 1.62 billion to USD 1.99 billion, while adjusted operating profit excluding the identified refund effect reached USD 1.77 billion. For investors, the central question is whether comparable-sales growth and merchandise profitability can sustain margins after the one-off benefit fades.

Next dates for TJX Companies

TJX Companies is scheduled to report its next quarterly results on November 18, 2026, according to Barrons. The company is also scheduled to pay a USD 0.48 quarterly dividend on December 3, 2026, with November 12, 2026 as the ex-dividend date, according to MarketBeat.

Stock valuation stays elevated

The primary-market context remains demanding. The NYSE-listed stock was last quoted at USD 147.34 on October 19, 2026 at 3:59 p.m. ET, with a market capitalization of USD 162.1 billion and a 52-week range of USD 122.78 to USD 170.00. The current market value is 4.08 percent below the 52-week high, leaving execution and margin durability as the next tests for the shares.

TJX Companies was trading at EUR 131.50 at Lang & Schwarz on October 20, 2026 at 10:38 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of TJX Companies stock.