TJX Companies Shares Slide as Retailer Misses Sales Estimate

Adjust Comment Print

As of the end of the quarter Ruane, Cunniff & Goldfarb Inc had disposed of 1,541,163 shares trimming its stake by 16.8%. It has underperformed by 18.72% the S&P500. It was reported on Nov, 14 by Barchart.com. We have $76.39 PT which if reached, will make NYSE:TJX worth $3.18 billion more.

Chesapeake Utilities Corporation is an energy company. The company has market cap of $5.03 million. The Firm will focus on acquiring land assets, while also providing partners and affiliates with management services, capital, contract management and logistical services necessary for the execution of operations. It has a 20.17 P/E ratio. T.J. The Firm operates through two divisions: Managed Care and Specialty Services.

"The reiterated full-year guidance at the upper-end gives us confidence that TJX enters holiday on a clean slate and is demonstrating a return to positive comparable store sales", MKM Partners analyst Roxanne Meyer wrote in a note.


Among 21 analysts covering Pfizer (NYSE:PFE), 9 have Buy rating, 1 Sell and 11 Hold.

The TJX Cos. has a 52 week low of $63.53 and a 52 week high of $83.64. Signaturefd LLC now owns 1,641 shares of the apparel and home fashions retailer's stock valued at $127,000 after buying an additional 63 shares during the last quarter.

China's industrial output expanded 6.2 percent year-on-year in October, slowing from September and below analyst expectations, raising worries about the world's second biggest economy. (The) in a research report on Tuesday, September 12th. The company was upgraded on Tuesday, December 13 by Wells Fargo. SunTrust maintained the shares of TJX in report on Monday, October 23 with "Buy" rating. Nomura maintained the stock with "Buy" rating in Wednesday, August 16 report. The rating was maintained by Deutsche Bank with "Buy" on Thursday, February 25. The firm has "Hold" rating given on Wednesday, August 2 by Credit Suisse. Summit Asset Mngmt Llc invested in 0.17% or 4,500 shares. Empyrean Capital Partners Lp owns 1.79 million shares or 1.18% of their U.S. portfolio. The New York-based Axon Capital Lp has invested 4.44% in the stock. The original version of this report can be viewed at https://stocknewstimes.com/2017/11/14/qci-asset-management-inc-ny-has-11-91-million-holdings-in-tjx-companies-inc-the-tjx.html. About 9.88 million shares traded. It is down 2.02% since November 14, 2016 and is downtrending. It has outperformed by 15.86% the S&P500.


In terms of sales by business segment, HomeGoods sales rose 3% and TJ Maxx and Marshalls sales slid 1%. They expect $0.43 EPS, up 207.14% or $0.29 from last year's $0.14 per share. After $0.21 actual EPS reported by Plains All American Pipeline, L.P. for the previous quarter, Wall Street now forecasts 104.76% EPS growth. The apparel and home fashions retailer reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.01. Royal National Bank Of Canada reported 1,367 shares or 0% of all its holdings. The stock of TJX Companies Inc (NYSE:TJX) has "Hold" rating given on Tuesday, August 15 by Jefferies. The Company's services and solutions are created to assist land owners with monetizing undervalued assets by bringing commodities, such as gold, silver, gas and oil, and dolomite to market. As of January 28, 2017, the Company operated 1,223 Michaels retail stores in 49 states and Canada, with approximately 18,000 average square feet of selling space per store. It has a 47.03 P/E ratio.

Since May 17, 2017, it had 0 insider buys, and 1 insider sale for $303,211 activity. Gofen & Glossberg LLC IL raised its holdings in shares of TJX Companies, Inc. Therefore 88% are positive.

A number of research firms have recently commented on TJX. Banque Pictet And Cie invested 0.26% in TJX Companies Inc (NYSE:TJX). For TJX, the company now has $2.45 Billion of cash on the books. Edge Wealth Management Ltd Liability reported 0.01% in TJX Companies Inc (NYSE:TJX). The stock of TJX Companies Inc (NYSE:TJX) earned "Buy" rating by RBC Capital Markets on Monday, October 30. BMO Capital Markets has "Buy" rating and $8500 target. The stock of TJX Companies Inc (NYSE:TJX) earned "Buy" rating by BMO Capital Markets on Wednesday, July 12. Wolfe Research maintained it with "Outperform" rating and $80 target in Thursday, February 25 report. The rating was maintained by Wedbush with "Outperform" on Wednesday, August 17.


Comments