TJX Companies (NYSE:TJX) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.66-0.67 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.71. TJX Companies also updated its FY 2019 guidance to $2.41-2.43 EPS.

A number of research firms have recently issued reports on TJX. Royal Bank of Canada increased their target price on TJX Companies to $52.00 and gave the company an in-line rating in a research note on Wednesday. Wells Fargo & Co reiterated a hold rating on shares of TJX Companies in a research note on Tuesday. Telsey Advisory Group lowered their target price on TJX Companies from $55.00 to $51.00 and set a market perform rating for the company in a research note on Wednesday. Jefferies Financial Group set a $50.00 target price on TJX Companies and gave the company a hold rating in a research note on Tuesday. Finally, Loop Capital set a $47.00 target price on TJX Companies and gave the company a hold rating in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and seventeen have given a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $53.62.

Shares of NYSE TJX opened at $46.82 on Wednesday. TJX Companies has a fifty-two week low of $35.05 and a fifty-two week high of $56.64. The company has a quick ratio of 0.77, a current ratio of 1.64 and a debt-to-equity ratio of 0.43. The company has a market cap of $60.59 billion, a price-to-earnings ratio of 23.18, a price-to-earnings-growth ratio of 1.82 and a beta of 0.65.

TJX Companies (NYSE:TJX) last released its earnings results on Tuesday, November 20th. The apparel and home fashions retailer reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. TJX Companies had a return on equity of 58.66% and a net margin of 7.88%. The company had revenue of $9.83 billion for the quarter, compared to the consensus estimate of $9.50 billion. During the same quarter last year, the business posted $1.00 EPS. TJX Companies’s quarterly revenue was up 12.1% compared to the same quarter last year. Equities analysts expect that TJX Companies will post 2.47 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 6th. Shareholders of record on Thursday, November 15th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date of this dividend is Wednesday, November 14th. TJX Companies’s dividend payout ratio is presently 38.61%.

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TJX Companies Company Profile

The TJX Companies, Inc operates as an off-price apparel and home fashions retailer. 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, accent furniture, lamps, rugs, wall d├ęcor, decorative accessories, giftware, lighting, soft home, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry; and other merchandise.

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Earnings History and Estimates for TJX Companies (NYSE:TJX)

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