TMX Group Limited (TSE:X - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$42.24 and traded as high as C$44.54. TMX Group shares last traded at C$44.28, with a volume of 335,615 shares.
Analysts Set New Price Targets
A number of research firms have recently weighed in on X. BMO Capital Markets boosted their target price on shares of TMX Group from C$50.00 to C$62.00 in a report on Thursday, December 5th. Barclays boosted their price objective on TMX Group from C$45.00 to C$47.00 in a research note on Monday, December 9th. TD Securities raised their price objective on TMX Group from C$42.00 to C$43.00 and gave the company a "hold" rating in a research note on Monday, October 28th. National Bankshares lifted their target price on TMX Group from C$43.00 to C$44.00 and gave the stock a "sector perform" rating in a report on Wednesday, October 30th. Finally, CIBC increased their price target on TMX Group from C$43.00 to C$46.00 in a report on Thursday, October 31st. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of C$46.94.
Check Out Our Latest Stock Report on X
TMX Group Stock Performance
The company has a quick ratio of 0.01, a current ratio of 1.00 and a debt-to-equity ratio of 51.71. The firm has a 50 day moving average price of C$44.12 and a 200 day moving average price of C$42.34. The stock has a market cap of C$12.29 billion, a PE ratio of 30.12, a price-to-earnings-growth ratio of 12.65 and a beta of 0.43.
TMX Group (TSE:X - Get Free Report) last posted its earnings results on Wednesday, October 30th. The company reported C$0.41 earnings per share for the quarter, topping analysts' consensus estimates of C$0.40 by C$0.01. The company had revenue of C$353.80 million during the quarter, compared to analyst estimates of C$356.24 million. TMX Group had a return on equity of 10.08% and a net margin of 13.39%. As a group, research analysts forecast that TMX Group Limited will post 1.7708421 earnings per share for the current year.
TMX Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 29th were paid a dividend of $0.19 per share. The ex-dividend date was Friday, November 15th. This represents a $0.76 annualized dividend and a dividend yield of 1.72%. TMX Group's dividend payout ratio (DPR) is presently 50.34%.
TMX Group Company Profile
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TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community.
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