Brokers Set Expectations for TJX Companies Inc's Q2 2018 Earnings (TJX)



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At the end of fiscal 1Q18, TJX Companies operated 515 T.K. Maxx stores and 46 HomeSense stores in Europe and 35 T.K. Maxx stores in Australia. Closing price generally refers to the last price at which a stock trades during a regular trading session. (The) (NYSE:TJX) was down -0.39% during the last trading session, with a day high of 75.37. The company's stock had a trading volume of 2,940,312 shares. The firm has a market capitalization of $48.11 billion, a P/E ratio of 21.54 and a beta of 0.70. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -4.27% where SMA50 and SMA200 are -3.92% and -2.02% respectively. The Manufacturers Life Insurance Company bought a new position in TJX Companies during the third quarter worth about $192,116,000. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading. The current Wall Street consensus is expecting TJX Companies Inc (NYSE:TJX) to report EPS of $0.84 for the quarter.

In case of Revenue Estimates, 7880000 analysts have provided their consensus Average Revenue Estimates for The TJX Companies, 24000.

The stock has actually made strong gains in the past year, as the company has gathered a 0.33% return in the past twelve months. Revenue for the quarter also did not kill consensus, coming in at $7.78B, compared to the consensus of 7.88B. Year to Date performance value (YTD perf) value is 0.27%.

The company's expected revenue in the current quarter to be 7.88 Billion, seeing a projected current quarter growth of 3.9%, and per annum growth estimates over the next 5 year period of around 10.11%.

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 1st. Shareholders of record on Thursday, May 11th will be issued a dividend of $0.3125 per share. (TJX) Ex-Dividend Date Scheduled for May 09, 2017" with publication date: "May 08, 2017. This represents a $1.25 annualized dividend and a yield of 1.68%. However the company reported $0.84 earnings per share for the same quarter during a year ago. TJX Companies's payout ratio is now 30.41%.

TJX has been the subject of several analyst reports. Royal Bank of Canada set a $82.00 target price on shares of TJX Companies and gave the stock a "buy" rating in a report on Monday, March 27th.

With all other things going on, The TJX Companies, Inc. They now have a United States dollars 70 price target on the stock. Finally, Cowen and Company restated an "outperform" rating and set a $87.00 price objective on shares of TJX Companies in a research report on Thursday, February 23rd. The company presently has an average rating of "Buy" and an average target price of $84.95. (TJX) has been given an average price target of $85.18 from analysts, according to data collected by Finviz.

Some buy side analysts are also providing their Analysis on The TJX Companies, Inc., where 10 analysts have rated the stock as Strong buy, 11 analysts have given a Buy signal, 7 said it's a HOLD, 0 reported it as Underperform and 1 analysts rated the stock as Sell.

10/10/2016 - TJX Companies, Inc. If you are reading this news story on another website, it was stolen and reposted in violation of US and worldwide trademark and copyright law. Norges Bank purchased a new stake in TJX Companies during the fourth quarter worth $483,732,000. The Volatility was noted at 2.05% in recent month and it observed Weekly Volatility of 1.39%. Following the transaction, the executive vice president now owns 121,179 shares of the company's stock, valued at $9,467,715.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders sold 56,751 shares of company stock valued at $4,426,377. The shares were sold at an average price of $78.50, for a total value of $1,662,630.00. Following the completion of the transaction, the chief financial officer now directly owns 105,844 shares of the company's stock, valued at approximately $8,164,806.16. The disclosure for this sale can be found here. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.29% with $643.53 Million sitting short, betting on future declines.

Since November 22, 2016, it had 0 insider buys, and 2 selling transactions for $2.20 million activity.

05/17/2017 - TJX Companies, Inc.

08/17/2016 - TJX Companies, Inc.

02/22/2017 - TJX Companies, Inc.