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The TJX Companies, Inc. (NYSE:TJX) issued an update on its second quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.70-0.74 for the period, compared to the Thomson Reuters consensus estimate of $0.74, Analyst Ratings Network reports. The TJX Companies also updated its FY15 guidance to $3.05-3.17 EPS.

Shares of The TJX Companies, Inc. (NYSE:TJX) opened at 58.40 on Tuesday. The TJX Companies, Inc. has a one year low of $48.71 and a one year high of $64.38. The stock’s 50-day moving average is $59.04 and its 200-day moving average is $60.72. The company has a market cap of $41.095 billion and a P/E ratio of 19.92. The TJX Companies also saw unusually large options trading activity on Monday. Traders acquired 3,954 put options on the company. This represents an increase of 470% compared to the average daily volume of 694 put options.

The TJX Companies (NYSE:TJX) last announced its earnings results on Tuesday, May 20th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.03. The company had revenue of $6.49 billion for the quarter, compared to the consensus estimate of $6.60 billion. During the same quarter in the previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. On average, analysts predict that The TJX Companies, Inc. will post $3.19 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a neutral rating on shares of The TJX Companies in a research note on Thursday, April 3rd. They now have a $65.00 price target on the stock. Finally, analysts at Wedbush initiated coverage on shares of The TJX Companies in a research note on Thursday, February 27th. They set a neutral rating and a $63.00 price target on the stock. Ten analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of $62.86.

The TJX Companies, Inc (NYSE:TJX) is the off-price apparel and home fashions retailer in the United States and worldwide.

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