TJX Companies (TJX) Getting Somewhat Positive News Coverage, Accern Reports

Media stories about TJX Companies (NYSE:TJX) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TJX Companies earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the apparel and home fashions retailer an impact score of 46.5978613255953 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media stories that may have effected Accern Sentiment’s rankings:

A number of brokerages have commented on TJX. Zacks Investment Research raised shares of TJX Companies from a “hold” rating to a “buy” rating and set a $86.00 price target on the stock in a research report on Saturday. Nomura cut their price target on shares of TJX Companies from $80.00 to $75.00 and set a “buy” rating on the stock in a research report on Wednesday, November 15th. Wells Fargo & Co set a $76.00 price target on shares of TJX Companies and gave the company a “buy” rating in a research report on Tuesday, November 14th. Goldman Sachs Group set a $79.00 price target on shares of TJX Companies and gave the company a “buy” rating in a research report on Wednesday, November 15th. Finally, Morgan Stanley cut their price objective on shares of TJX Companies from $86.00 to $85.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 15th. Four analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. TJX Companies currently has an average rating of “Buy” and an average price target of $82.53.

TJX Companies (NYSE:TJX) traded up $1.64 during mid-day trading on Friday, hitting $78.89. 4,563,424 shares of the stock were exchanged, compared to its average volume of 2,795,916. The company has a market cap of $48,845.37, a PE ratio of 21.32, a PEG ratio of 1.85 and a beta of 0.75. The company has a quick ratio of 0.67, a current ratio of 1.53 and a debt-to-equity ratio of 0.48. TJX Companies has a one year low of $66.44 and a one year high of $80.92.

TJX Companies (NYSE:TJX) last released its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $8.86 billion. TJX Companies had a net margin of 7.01% and a return on equity of 52.79%. The business’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 EPS. research analysts forecast that TJX Companies will post 3.93 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 8th. Investors 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 annualized dividend and a yield of 1.58%. TJX Companies’s payout ratio is 33.78%.

TRADEMARK VIOLATION NOTICE: This report was first reported by Community Financial News and is owned by of Community Financial News. If you are reading this report on another site, it was copied illegally and reposted in violation of United States & international trademark & copyright laws. The correct version of this report can be viewed at https://www.com-unik.info/2018/01/20/tjx-companies-tjx-getting-somewhat-positive-news-coverage-accern-reports.html.

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.

Insider Buying and Selling by Quarter for TJX Companies (NYSE:TJX)

Receive News & Ratings for TJX Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TJX Companies and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit