TJX Companies (TJX) Receiving Somewhat Positive Media Coverage, Report Finds
Media headlines about TJX Companies (NYSE:TJX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public 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 0.11 on Accern’s scale. Accern also assigned media coverage about the apparel and home fashions retailer an impact score of 47.2698458887316 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Up-to-the-minute Analysts Reports: The TJX Companies, Inc. (TJX), Sanchez Energy Corporation (SN) – Market Movers (financialqz.com)
- Take These As A Wake-Up Bell: The TJX Companies, Inc. (TJX), The Kraft Heinz Company (KHC) – Market Movers (financialqz.com)
- Can Strategies Improve TJX Companies Performance in 2018? – Nasdaq (nasdaq.com)
- The TJX Companies Inc.: The TJX Companies, Inc. Recommends Shareholders Reject Mini-Tender Offer by TRC Capital Corporation (twst.com)
TJX has been the subject of several analyst reports. Northcoast Research upgraded TJX Companies from a “neutral” rating to a “buy” rating and set a $86.00 price objective for the company in a research note on Thursday, September 7th. They noted that the move was a valuation call. BMO Capital Markets restated an “outperform” rating on shares of TJX Companies in a research note on Tuesday, September 12th. MKM Partners restated a “buy” rating and issued a $87.00 price objective on shares of TJX Companies in a research note on Tuesday, September 12th. Sanford C. Bernstein initiated coverage on TJX Companies in a research note on Tuesday, September 12th. They issued an “outperform” rating and a $88.00 price objective for the company. Finally, Royal Bank of Canada restated a “buy” rating and issued a $76.00 price objective on shares of TJX Companies in a research note on Monday, September 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and seventeen have assigned a buy rating to the stock. TJX Companies has a consensus rating of “Buy” and an average price target of $82.15.
Shares of TJX Companies (NYSE TJX) traded down $0.05 during trading on Friday, reaching $76.25. 2,973,099 shares of the company traded hands, compared to its average volume of 4,890,348. The company has a market cap of $48,244.69, a P/E ratio of 20.61, a P/E/G ratio of 1.83 and a beta of 0.75. 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 one year low of $66.44 and a one year high of $80.92.
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 for the quarter, hitting the consensus estimate 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 quarter in the prior year, the firm posted $0.91 EPS. TJX Companies’s quarterly revenue was up 5.7% compared to the same quarter last year. analysts anticipate that TJX Companies will post 3.92 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 8th. Shareholders of record on Thursday, February 15th will be issued a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 1.64%. The ex-dividend date is Wednesday, February 14th. TJX Companies’s dividend payout ratio (DPR) is presently 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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