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The TJX Companies, Inc. (NYSE:TJX) updated its third quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.81-0.85 for the period, compared to the Thomson Reuters consensus estimate of $0.84, Stock Ratings reports. The TJX Companies also updated its FY15 guidance to $3.10-3.18 EPS.

The TJX Companies, Inc. (NYSE:TJX) opened at 57.45 on Tuesday. The TJX Companies, Inc. has a 52-week low of $51.91 and a 52-week high of $64.38. The stock has a 50-day moving average of $53.41 and a 200-day moving average of $57.11. The company has a market cap of $40.233 billion and a price-to-earnings ratio of 18.19.

The TJX Companies (NYSE:TJX) last posted its quarterly earnings results on Tuesday, August 19th. The company reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.02. The company had revenue of $6.92 billion for the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter in the previous year, the company posted $0.66 earnings per share. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Analysts expect that The TJX Companies, Inc. will post $3.14 EPS for the current fiscal year.

A number of analysts have recently weighed in on TJX shares. Analysts at Northcoast Research upgraded shares of The TJX Companies from a neutral rating to a buy rating in a research note on Wednesday, July 23rd. They now have a $62.00 price target on the stock. They noted that the move was a valuation call. On a related note, analysts at Sterne Agee cut their price target on shares of The TJX Companies from $65.00 to $56.00 in a research note on Wednesday, July 16th. Finally, analysts at JPMorgan Chase & Co. reiterated a neutral rating on shares of The TJX Companies in a research note on Friday, May 23rd. They now have a $63.00 price target on the stock, down previously from $65.00. Seven equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The TJX Companies currently has a consensus rating of Buy and a consensus price target of $62.41.

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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