News coverage about TJX Companies (NYSE:TJX) has been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. TJX Companies earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave press coverage about the apparel and home fashions retailer an impact score of 46.669779688923 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment’s analysis:
TJX has been the subject of a number of research analyst reports. Royal Bank of Canada reiterated a “buy” rating and set a $76.00 price target on shares of TJX Companies in a report on Monday, September 18th. Jefferies Group reiterated a “hold” rating and set a $75.00 price target on shares of TJX Companies in a report on Thursday, September 28th. Zacks Investment Research upgraded TJX Companies from a “hold” rating to a “buy” rating and set a $82.00 price target for the company in a report on Tuesday, October 10th. Buckingham Research reiterated a “buy” rating and set a $85.00 price target on shares of TJX Companies in a report on Thursday, October 19th. Finally, Wells Fargo & Co set a $76.00 price objective on shares of TJX Companies and gave the stock a “buy” rating in a research report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, four have issued a hold rating and sixteen have given a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $81.95.
Shares of TJX Companies (TJX) traded up $0.61 during mid-day trading on Thursday, reaching $76.88. 2,698,139 shares of the company’s stock traded hands, compared to its average volume of 3,736,425. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 0.67. TJX Companies has a 1 year low of $66.44 and a 1 year high of $80.92. The firm has a market capitalization of $48,920.00, a P/E ratio of 20.78, a PEG ratio of 1.85 and a beta of 0.75.
TJX Companies (NYSE:TJX) last released its quarterly earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.00. TJX Companies had a net margin of 7.01% and a return on equity of 52.79%. The company had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.86 billion. During the same period in the previous year, the business earned $0.91 earnings per share. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. research analysts forecast that TJX Companies will post 3.94 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Stockholders of record on Thursday, February 15th will be given a $0.3125 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.63%. TJX Companies’s payout ratio is 33.78%.
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About TJX Companies
The TJX Companies, Inc (TJX) is an off-price apparel and home fashions retailer in the United States and across the world. The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. T.J. Maxx and Marshalls chains in the United States were collectively the off-price retailer in the United States with a total of 2,221 stores, as of January 28, 2017.
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