TJX Companies (TJX) Projected to Post Earnings on Wednesday

TJX Companies (NYSE:TJX) will likely be releasing its earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $1.15 per share and revenue of $16.22 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

TJX Companies Trading Down 1.5 %

Shares of TJX stock opened at $121.08 on Monday. TJX Companies has a fifty-two week low of $92.35 and a fifty-two week high of $128.00. The stock has a market cap of $136.11 billion, a price-to-earnings ratio of 28.49, a price-to-earnings-growth ratio of 2.75 and a beta of 0.91. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. The firm’s 50 day moving average price is $122.86 and its two-hundred day moving average price is $119.64.

TJX Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 6th. Investors of record on Thursday, February 13th will be issued a dividend of $0.375 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.50 annualized dividend and a dividend yield of 1.24%. TJX Companies’s payout ratio is currently 35.29%.

Analysts Set New Price Targets

A number of research firms have weighed in on TJX. Deutsche Bank Aktiengesellschaft upped their price objective on shares of TJX Companies from $130.00 to $131.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. UBS Group upped their price target on TJX Companies from $148.00 to $151.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Guggenheim lifted their target price on TJX Companies from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Morgan Stanley increased their price objective on shares of TJX Companies from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Finally, Robert W. Baird boosted their price target on TJX Companies from $133.00 to $138.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. Two analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to MarketBeat, TJX Companies currently has a consensus rating of “Moderate Buy” and a consensus target price of $134.18.

About TJX Companies

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.