TJX Companies Shares Slide as Retailer Misses Sales Estimate

Weekly Chart For TJX Companies

TJX Companies Inc shares fell $3.66 (-5.17%) in premarket trading Tuesday. The TJX Companies had 56 analyst reports since August 10, 2015 according to SRatingsIntel. The institutional investor purchased 28,252 shares of the apparel and home fashions retailer's stock, valued at approximately $2,083,000.

Several brokerages recently commented on TJX. The stock of TJX Companies Inc (NYSE:TJX) has "Market Perform" rating given on Wednesday, August 19 by Telsey Advisory Group. (The) in the first quarter worth about $130,000.

Panagora Asset Management Inc increased Tjx Companies Inc (TJX) stake by 189.99% reported in 2017Q2 SEC filing.

Ernie Herrman, Chief Executive Officer and President of The TJX Companies, said that the hurricanes had a negative impact during the quarter. Tjx Cos Inc New now has $44.68B valuation. (The) in the second quarter worth about $141,000. Mosaic Family Wealth LLC increased its stake in shares of TJX Companies, Inc. (The) by 7.2% in the second quarter. They expect $1.00 earnings per share, up 9.89% or $0.09 from last year's $0.91 per share. Finally, Royal Bank Of Canada lowered their target price on shares of TJX Companies, Inc. The stock declined 4.07% or $2.88 reaching $67.8 per share.

The company now has an insider ownership of 0.1 Percent and Institutional ownership of 92.7 Percent. TJX Companies, Inc. has a twelve month low of $66.65 and a twelve month high of $80.92. About 188 shares traded. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.63 and a quick ratio of 0.80.

Analysts await TJX Companies Inc (NYSE:TJX) to report earnings on November, 14 before the open. Federated Invsts Pa accumulated 1.05M shares or 0.22% of the stock.

Still, the company's sales increased 6 percent to $8.8 billion but were just below market watchers' forecast for sales of $8.9 billion. Salem Inv Counselors Incorporated reported 0% in TJX Companies Inc (NYSE:TJX). Its mean Altman Z-Score: 7.53 during the last 7 years, while average Beneish M-Score: -2.87 during the last 7 years. Out of 8 Wall Street analysts rating Centene, 5 give it "Buy", 0 "Sell" rating, while 3 recommend "Hold".

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. The stock increased 0.32% or $0.02 on November 10, reaching $6.19. This represents a $1.25 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Wednesday, November 8th. TJX Companies, Inc. (The)'s payout ratio is 35.41%.

On average, 25 analysts polled by Thomson Reuters expected earnings of $1.00 per share. The stock of TJX Companies Inc (NYSE:TJX) has "Neutral" rating given on Wednesday, August 16 by Credit Suisse. Buckingham Research reinitiated TJX Companies Inc (NYSE:TJX) rating on Thursday, October 19. Hanson Mcclain Inc accumulated 28 shares or 0% of the stock. The firm has "Buy" rating given on Wednesday, July 12 by BMO Capital Markets. (The) in a research report on Monday, September 18th. Orrstown Fincl Services has invested 1.23% of its portfolio in TJX Companies Inc (NYSE:TJX). They issued an "outperform" rating and a $88.00 price objective on the stock. The TJX Cos. now has an average rating of "Buy" and an average target price of $83.51. Susquehanna initiated TJX Companies Inc (NYSE:TJX) on Friday, February 10 with "Positive" rating. Shares for $89,110 were sold by Sherr Richard. $83.46's average target is 17.95% above currents $70.76 stock price.

Salient Trust Company Lta decreased Vanguard Index Fds (VO) stake by 34,000 shares to 2,336 valued at $333,000 in 2017Q2.

TRADEMARK VIOLATION WARNING: "FDx Advisors Inc". It also reduced Huron Consulting Group Inc (NASDAQ:HURN) stake by 17,095 shares and now owns 21,481 shares. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States & global trademark and copyright legislation. The correct version of this news story can be read at https://weekherald.com/2017/11/14/sumitomo-mitsui-asset-management-company-ltd-boosts-stake-in-tjx-companies-inc-the-tjx.html. TJX Companies Inc (NYSE:TJX) has declined 2.02% since November 13, 2016 and is downtrending. The Company operates T.J. Maxx, Marshalls, and HomeGoods stores in the United States, Winners, HomeSense, Marshalls, and STYLESENSE stores in Canada, and T.K. Maxx and HomeSense stores in Europe.

Want to see what other hedge funds are holding TJX?

Related News:

  • India's Idea Cellular posts quarterly loss; to sell tower unit

    Idea Cellular has posted a consolidated net loss of Rs 1,106.80 crore for the second quarter (July-September) of 2017-18 fiscal. The company said it has garnered almost 20.7 crore subscribers at the end of September which it said was 3.3% increase YoY.

    US FDA approves first drug with digital ingestion tracking system

    If a patient opts to allow it, the patient's caregivers and doctor can access the data online, too. Skin irritation at the site of the MyCite patch placement may also occur.
    Over 15000 scientists issue warning to humanity

    Over 15000 scientists issue warning to humanity

    There's also less fresh water available, and the human population has risen while the population for everything else has declined. This second warning letter comes as world leaders have been meeting for the past two weeks at the U.N.
  • Chipotle Mexican Grill (CMG) Shares Hovering Above Chikou

    Chipotle Mexican Grill (CMG) Shares Hovering Above Chikou

    Also, it has an estimated price-earnings (P/E) multiple of 29.43 and a trailing 12-month price-earnings (P/E) multiple of 53.83. See Chipotle Mexican Grill, Inc . (NYSE:CMG) opened at $282.70 on Tuesday. 686 were accumulated by Puplava Svcs. (NYSE:CMG).
    Digital growth drives 'positive' Q3 for Ladbrokes Coral

    Digital growth drives 'positive' Q3 for Ladbrokes Coral

    Marketwatch.com's news article titled: "133.00" with publication date: November 04, 2016 was also an interesting one. Ladbrokes Coral Group PLC has a 12-month low of GBX 110.30 ($1.45) and a 12-month high of GBX 139.30 ($1.83).

    Childrens' toys can be hacked

    This meant that during tests a hacker did not need a password, PIN code or any other authentication to get access. Spiral Toys declined to comment to Which? in relation to Toy-Fi Teddy and Cloud Pets.
  • Most Active Stock: Marvell Technology Group Ltd. (MRVL)

    The semiconductor company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.03). The firm has a market capitalization of $9,980.45, a price-to-earnings ratio of 25.81, a PEG ratio of 1.38 and a beta of 1.05.
    Nigeria vs Argentina: Super Eagles starting XI revealed

    Nigeria vs Argentina: Super Eagles starting XI revealed

    On Tuesday, Mikel will mark another landmark when he leads the Super Eagles out, this time , as substantive captain . The icon withdrew from the squad after La Albiceleste defeated Russian Federation 1-0 in Moscow on Saturday.
    Sun Pharma net profit falls 59% to Rs 912 crore in Q2

    Sun Pharma net profit falls 59% to Rs 912 crore in Q2

    Profit came in at Rs912 crore in the quarter ended 30 September, compared with Rs2,235 crore a year ago, the company said. The shares of Sun Pharmaceutical Industries closed today at Rs 526.15 on BSE, down 1.19 per cent from previous close.
  • Senate approves Buhari's $5.5 billion external borrowing

    Senate approves Buhari's $5.5 billion external borrowing

    With the $3bn to be used for refinancing domestic debts, local lenders owed by the federal government may now expect to be paid. Nigeria's Senate on Tuesday approved a request by President Muhammadu Buhari to seek $5.5 billion in foreign loans.
    Accountability court issues non-bailable arrest warrants for finance minister

    Accountability court issues non-bailable arrest warrants for finance minister

    Dar, who has pleaded not guilty, is receiving medical treatment in London and now faces arrest upon his return to Pakistan. On September 27, the finance minister had been indicted for possessing assets beyond his known sources of income.
    Xbox One X hits 80,000 United Kingdom  sales in first week

    Xbox One X hits 80,000 United Kingdom sales in first week

    Accessories Save $50 on Xbox Elite Wireless controller with the purchase of an Xbox One X from now through November 18th. Update: A Microsoft spokesperson confirmed to Engadget that the $189 console is indeed the 500 GB version.


Most liked

Trans-Pacific trade agreement goes ahead sans Trump
Trump reiterated his markedly different stance on trade before the 21-member APEC summit convened late Friday with a gala banquet. In contrast, the Chinese president, Xi Jinping spoke directly and stressed on how "openness brings progress".

Top Story: Trump's HHS Pick Alex Azar Fits Right In
Trump wrote on Twitter. "If he wants to take meaningful action to lower drug prices, we want to help him". Ben Wakana, executive director of advocacy group Patients For Affordable Drugs, told NPR Mr.

Italian GDP rises by 0.5% as expected - Euro looks strong
Meanwhile, in terms of quarter-on-quarter rate of change GDP expanded at a 0.6% clip, as expected by economists. Compared with the same quarter of the previous year, GDP grew by 2.3% (after +2.2% in the previous quarter).

YouTube deletes thousands of videos from extremist cleric Anwar al-Awlaki
All three companies announced their own set of measures to address the issue and vowed to be more transparent about its policies. Google revealed that Russian actors spent tens of thousands of dollars on propaganda ads on Google search , YouTube and Gmail.

Venezuela govt says debt refinancing underway as S&P cites selective default
Venezuela's envoy to the UN, Rafael Ramirez, called the meeting "illegal" and a "hostile" act "of interference" by the US. The ratings agency said the South American nation had failed to make $200m (£153m) in repayments on its foreign debt.

Bagley already making history at Duke
All seven events have featured the same four teams rotating against one another: Michigan State , Duke , Kansas and Kentucky. That being said, Michigan State had a similar dominating start to the season with a 32-point victory over North Florida.

Bharti Infratel shares fall on block deals, Airtel up 1%
Bharti Infratel settled 4.16 per cent down at Rs 394, whereas Bharti Airtel closed at Rs 497.70, down 0.07 per cent on Tuesday. Morgan, UBS and Goldman Sachs were joint placement agents for the transaction.

WizKid And Davido Throw Shades At Each Other
In the same vein, Davido who emerged Best World Act at the 2017 MTV EMA took to his social media page to mock AFRIMA awards organisers.

Cohen & Steers Inc (NYSE:CNS): Institutional Investor Sentiment Up to 1.59
Chevy Chase Trust Holdings Inc increased Unilever N V (NYSE:UN) stake by 83,894 shares to 387,972 valued at $21.44M in 2017Q2. Other large investors have also modified their holdings of the company. 238,756 shares of the company's stock traded hands.

Russian accusation of US-ISIS cooperation based on computer game photo
A joint US-Russian operation against ISIS like that mentioned in the Russian statement would also be out of the ordinary, he said.

India lose to Bangladesh, knocked out of U-19 Asia Cup
Ghosh then combined with Mohammad Tawhid Hridoy to take his side to victory with an unbroken 83-run stand for the fourth wicket. Earlier Bangladeshi bowlers managed to pick wickets at regular interval and India's Salman Khan top-scored with an unbeaten 39.

Sri Lanka dream of first-ever Test victory on Indian soil
Rahane was seen playing a lot of sweep shots on Monday including the unorthodox reverse sweep against the spinners. Samaraweera spoke to each of them individually and they later headed for a shadow practice session.

China October coal output climbs year-on-year ahead of heating season
The economy was resilient in the first half partly due to a government-led infrastructure spending spree. Economic growth is within a reasonable range, Liu Aihua, a spokeswoman at NBS, told reporters.

Saif Ali Khan's Special Gift For Taimur Ali Khan On Children's Day
Of how he plans to make Children's Day celebration special for his kids, Saif said: "I think every day is Children's Day". Saif Ali Khan recently bought a Rs 1.3 crore Jeep. "He would also like the colour, so this vehicle will be for him".

De La Hoya calls out McGregor, talks return
But, then McGregor was booked to box Mayweather, and De La Hoya blasted the bout, and even called on fans to protest the fight . The 44-year-old De La Hoya hasn't competed since he was knocked out in eight rounds by Manny Pacquiao back in December 2008.