TJX Companies, Inc. (The) (NYSE:TJX) is set to post its quarterly earnings results before the market opens on Monday, August 14th. Analysts expect TJX Companies, Inc. (The) to post earnings of $0.84 per share for the quarter. TJX Companies, Inc. (The) has set its FY18 guidance at $3.82-3.89 EPS and its Q2 guidance at $0.81-0.83 EPS.

TJX Companies, Inc. (The) (NYSE:TJX) last issued its quarterly earnings results on Tuesday, May 16th. The apparel and home fashions retailer reported $0.82 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.79 by $0.03. The company had revenue of $7.78 billion during the quarter, compared to the consensus estimate of $7.88 billion. TJX Companies, Inc. (The) had a return on equity of 53.34% and a net margin of 6.96%. TJX Companies, Inc. (The)’s revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.76 EPS. On average, analysts expect TJX Companies, Inc. (The) to post $3.89 EPS for the current fiscal year and $4.22 EPS for the next fiscal year.

TJX Companies, Inc. (NYSE TJX) opened at 70.16 on Monday. The firm has a market capitalization of $45.13 billion, a P/E ratio of 19.92 and a beta of 0.77. The firm has a 50-day moving average price of $70.27 and a 200 day moving average price of $75.23. TJX Companies, Inc. has a one year low of $66.65 and a one year high of $83.64.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 31st. Investors of record on Thursday, August 10th will be paid a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Tuesday, August 8th. TJX Companies, Inc. (The)’s dividend payout ratio is 35.51%.

WARNING: This piece was originally reported by American Banking News and is owned by of American Banking News. If you are reading this piece on another domain, it was illegally copied and reposted in violation of U.S. and international copyright & trademark law. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/08/07/tjx-companies-inc-the-tjx-scheduled-to-post-earnings-on-monday.html.

In other news, EVP Richard Sherr sold 1,179 shares of the firm’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $75.58, for a total transaction of $89,108.82. Following the transaction, the executive vice president now owns 120,000 shares in the company, valued at approximately $9,069,600. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kenneth Canestrari sold 4,000 shares of the firm’s stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $75.80, for a total transaction of $303,200.00. Following the transaction, the executive vice president now owns 86,243 shares in the company, valued at approximately $6,537,219.40. The disclosure for this sale can be found here. 0.23% of the stock is currently owned by company insiders.

A number of equities analysts recently commented on the stock. BidaskClub raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Wednesday, August 2nd. Credit Suisse Group set a $72.00 price objective on shares of TJX Companies, Inc. (The) and gave the stock a “neutral” rating in a research note on Wednesday, August 2nd. Zacks Investment Research raised shares of TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 price objective for the company in a research note on Tuesday, July 18th. BMO Capital Markets set a $85.00 price objective on shares of TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Monday, July 17th. Finally, Royal Bank Of Canada set a $79.00 price objective on shares of TJX Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Monday, June 19th. Four investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $83.72.

TJX Companies, Inc. (The) Company Profile

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.

Earnings History for TJX Companies, Inc. (The) (NYSE:TJX)

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