TJX Companies Shares Slide as Retailer Misses Sales Estimate

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:

  • Trans-Pacific trade agreement goes ahead sans Trump

    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".
    Venezuela govt says debt refinancing underway as S&P cites selective default

    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.
    De La Hoya calls out McGregor, talks return

    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.
  • Kim Kardashian Exposes Savage Tweet From Kanye West Aimed At Jimmy Kimmel

    Kim Kardashian Exposes Savage Tweet From Kanye West Aimed At Jimmy Kimmel

    " Chris joined in the sketch by reading out a tweet from a troll who wrote, "'@jimmykimmel is a comedy god. Clearly, all three of these " white guys with beards " had a great old laugh in this segment of the show.
    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.

    Didier Drogba Confirms He Will Retire At The End Of The Season

    He added, " At some point you have to stop". "I need time for my other projects". And it won't be long before Didier Drogba joins the esteemed list.
  • Analyst Research and Recommendations: Abbott Laboratories (ABT), CytomX Therapeutics, Inc. (CTMX)

    Stifel Nicolaus raised the price target on October 19 changing the forecast from $58.00 to $63.00 with a "Buy" recommendation. The value of the investment in (ABT) increased from $138,176,000 to $139,414,000 a change of 0.9% for the reporting period.
    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.
    Sri Lanka dream of first-ever Test victory on Indian soil

    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.
  • 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).
    YouTube deletes thousands of videos from extremist cleric Anwar al-Awlaki

    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.
    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).


Most liked

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.

Eli Lilly and Co (NYSE:LLY) Low Risk Sign Rtng Change?
After $1.05 actual EPS reported by Eli Lilly and Co for the previous quarter, Wall Street now forecasts 2.86% EPS growth. Criterion Capital Management Llc increased Motorola Solutions Inc (MSI) stake by 130.8% reported in 2017Q2 SEC filing.

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.

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.

Mobile's affordable REVVL smartphone costs only $125
It will go on sale beginning November 17 in stores nationwide and online in a special edition black and magenta color scheme. To remind you, T-Mobile Revvl, which was launched in August this year, is now sold for $6 down and $6 per month with EIP.

Police ID stabbing suspect fatally shot by officers in the Bronx
The armed man did not comply, and instead stepped toward the officers with the knife displayed in his right hand. Both women, Kathy Hope, 48, and Michelle Sutton, 29, according to the NY Daily News , were hospitalized.

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.

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".

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.

$70000 Raised For Cyclist Who Was Fired For Giving Trump The Finger
A GoFundMe account set up on behalf of Juli Briskman has raked in over $70,000 in donations since it was activated a week ago. Briskman thanked supporters writing, "I am not sure what the future holds, but I am buoyed by your support".

OnePlus accused of leaving a backdoor to give root access
A malicious app or malware that is built around this loophole would potentially be able to target OnePlus devices and wreck havoc. Following the allegations, OnePlus took some steps, and added the new "opt-in" option for the user experience program.

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.

Vodafone says rebounds into first-half net profit
FCF pre-spectrum is expected to exceed 5 billion euros, which was previously guided to be around 5 billion euros. Vodafone had taken an impairment of 5.0 billion euros on its Indian activities in the first half of 2016.

Evidence of 'World's Oldest' Grape Wine Dug Up in Georgia
The latest finds were published in the journal Proceedings of the National Academy of Sciences (PNAS). Love wine? A team of researchers found out just about how old the practice of wine-making is.