TJX Companies, Inc. (The) (NYSE:TJX) released its quarterly earnings results on Monday. The apparel and home fashions retailer reported $1.00 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.00, Bloomberg Earnings reports. The business had revenue of $8.76 billion during the quarter, compared to the consensus estimate of $8.86 billion. TJX Companies, Inc. (The) had a return on equity of 52.87% and a net margin of 6.83%. The business’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.91 EPS.

TJX Companies, Inc. (NYSE:TJX) traded down $3.23 during trading hours on Tuesday, reaching $67.53. The company’s stock had a trading volume of 11,607,585 shares, compared to its average volume of 4,063,143. The company has a current ratio of 1.63, a quick ratio of 0.80 and a debt-to-equity ratio of 0.49. TJX Companies, Inc. has a 1-year low of $66.65 and a 1-year high of $80.92. The company has a market cap of $45,020.00, a P/E ratio of 19.45, a price-to-earnings-growth ratio of 1.68 and a beta of 0.72.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Thursday, November 9th will be paid a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date of this dividend is Wednesday, November 8th. TJX Companies, Inc. (The)’s payout ratio is 35.41%.

TJX has been the subject of a number of recent research reports. Zacks Investment Research upgraded TJX Companies, Inc. (The) from a “sell” rating to a “buy” rating and set a $79.00 price target for the company in a research note on Tuesday, July 18th. Buckingham Research restated a “buy” rating and set a $85.00 price target on shares of TJX Companies, Inc. (The) in a research note on Thursday, October 19th. Northcoast Research raised TJX Companies, Inc. (The) from a “neutral” rating to a “buy” rating and set a $86.00 price objective on the stock in a research report on Thursday, September 7th. They noted that the move was a valuation call. Royal Bank Of Canada reaffirmed a “buy” rating and set a $76.00 price objective on shares of TJX Companies, Inc. (The) in a research report on Monday, September 18th. Finally, Sanford C. Bernstein assumed coverage on TJX Companies, Inc. (The) in a research report on Tuesday, September 12th. They set an “outperform” rating and a $88.00 price objective on the stock. One analyst has rated the stock with a sell rating, four have given a hold rating and sixteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $83.25.

In other TJX Companies, Inc. (The) news, CEO Ernie Herrman sold 20,000 shares of TJX Companies, Inc. (The) stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $72.52, for a total value of $1,450,400.00. Following the sale, the chief executive officer now owns 480,821 shares of the company’s stock, valued at approximately $34,869,138.92. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.23% of the company’s stock.

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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)

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