TJX Companies (TJX) Projected to Post Earnings on Wednesday

TJX Companies (NYSE:TJX - Get Free Report) is expected to be releasing its earnings data before the market opens on Wednesday, February 26th. Analysts expect TJX Companies to post earnings of $1.15 per share and revenue of $16.22 billion for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

TJX Companies Stock Up 0.2 %

NYSE TJX traded up $0.24 during trading hours on Monday, hitting $121.35. 5,292,225 shares of the company were exchanged, compared to its average volume of 4,350,497. The company has a 50 day moving average of $122.86 and a two-hundred day moving average of $119.64. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.35. TJX Companies has a 52-week low of $92.35 and a 52-week high of $128.00. The firm has a market cap of $136.42 billion, a price-to-earnings ratio of 28.55, a PEG ratio of 2.75 and a beta of 0.91.

TJX Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 6th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend is Thursday, February 13th. TJX Companies's dividend payout ratio (DPR) is 35.29%.

Analyst Ratings Changes

A number of research firms recently issued reports on TJX. Telsey Advisory Group reissued an "outperform" rating and set a $145.00 price target on shares of TJX Companies in a report on Wednesday, February 19th. Guggenheim lifted their target price on TJX Companies from $135.00 to $140.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. TD Cowen upped their price target on TJX Companies from $130.00 to $132.00 and gave the stock a "buy" rating in a research note on Friday, November 22nd. Evercore ISI boosted their price objective on shares of TJX Companies from $138.00 to $142.00 and gave the company an "outperform" rating in a research note on Thursday, November 21st. Finally, Jefferies Financial Group raised their target price on shares of TJX Companies from $140.00 to $145.00 and gave the stock a "buy" rating in a research note on Thursday, December 5th. Two research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $134.18.

About TJX Companies

The TJX Companies, Inc, together with its subsidiaries, operates as an off-price apparel and home fashions retailer in the United States, Canada, Europe, and Australia. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, furniture, rugs, lighting products, giftware, soft home products, decorative accessories, tabletop, and cookware, as well as expanded pet, and gourmet food departments; jewelry and accessories; and other merchandise.