Headlines about TJX Companies (NYSE:TJX) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TJX Companies earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the apparel and home fashions retailer an impact score of 46.6401057647757 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media headlines that may have effected Accern’s rankings:
Shares of TJX Companies (TJX) traded up $1.40 on Tuesday, hitting $78.28. The stock had a trading volume of 3,912,400 shares, compared to its average volume of 3,755,967. TJX Companies has a 12-month low of $66.44 and a 12-month high of $80.92. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.67 and a current ratio of 1.53. The stock has a market cap of $48,800.00, a price-to-earnings ratio of 21.16, a PEG ratio of 1.88 and a beta of 0.75.
TJX Companies (NYSE:TJX) last issued its earnings results on Tuesday, November 14th. The apparel and home fashions retailer reported $1.00 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.00. The company had revenue of $8.76 billion during the quarter, compared to analyst estimates of $8.86 billion. TJX Companies had a return on equity of 52.79% and a net margin of 7.01%. The firm’s quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $0.91 EPS. research analysts forecast that TJX Companies will post 3.93 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 15th will be paid a $0.3125 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $1.25 dividend on an annualized basis and a yield of 1.60%. TJX Companies’s dividend payout ratio (DPR) is 33.78%.
TJX has been the subject of a number of analyst reports. Wells Fargo & Co set a $76.00 target price on TJX Companies and gave the stock a “buy” rating in a report on Tuesday, November 14th. Royal Bank of Canada restated a “buy” rating and set a $76.00 target price on shares of TJX Companies in a report on Monday, September 18th. Buckingham Research decreased their price objective on TJX Companies from $85.00 to $82.00 and set a “buy” rating for the company in a report on Wednesday, November 15th. Goldman Sachs Group set a $79.00 price objective on TJX Companies and gave the company a “buy” rating in a report on Wednesday, November 15th. Finally, BMO Capital Markets set a $85.00 price objective on TJX Companies and gave the company a “buy” rating in a report on Wednesday, November 15th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and sixteen have given a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $81.95.
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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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