TJX Companies Shares Slide as Retailer Misses Sales Estimate

The Company operates through four segments: Marmaxx, HomeGoods, TJX Canada and TJX International. It has a 30.21 P/E ratio. The Firm provides a portfolio of services to government sponsored healthcare programs, focusing on under-insured and uninsured individuals. The apparel and home fashions retailer reported $1.00 earnings per share (EPS) for the quarter, meeting the Zacks' consensus estimate of $1.00, Bloomberg Earnings reports. Relative Strength Index (RSI-14) for The TJX Companies, Inc. It has underperformed by 18.72% the S&P500. First Midwest Bank Tru Division reported 51,994 shares. We have $60.82 PT which if reached, will make NYSE:TJX worth $3.83 billion less. Cognios Cap Lc accumulated 40,543 shares or 1.02% of the stock. They expect $0.93 EPS, down 21.85% or $0.26 from last year's $1.19 per share.

The stock of TJX Companies Inc (NYSE:TJX) hit a new 52-week low and has $61.76 target or 8.00% below today's $67.13 share price. Mosaic Family Wealth LLC now owns 1,996 shares of the apparel and home fashions retailer's stock worth $144,000 after buying an additional 134 shares during the period. Rmb Ltd Com, Illinois-based fund reported 240,154 shares. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell.

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. They set an "outperform" rating and a $88.00 price objective on the stock. The company was initiated on Wednesday, January 4 by Piper Jaffray. The firm has "Neutral" rating by Credit Suisse given on Friday, November 11. About 615,724 shares traded. Chesapeake Utilities Corporation (CPK) has risen 25.44% since November 14, 2016 and is uptrending. It has outperformed by 26.47% the S&P500.

Investors sentiment increased to 1.02 in Q2 2017. Its up 0.04, from 0.98 in 2017Q1. As of quarter end Ruane, Cunniff & Goldfarb Inc had sold a total of 1,541,163 shares trimming its holdings by 16.8%. 81 funds opened positions while 357 raised stakes. State Common Retirement Fund stated it has 2.08 million shares or 0.2% of all its holdings. It maintained its fiscal 2018 profit forecast at the high-end of the range of $3.91 to $3.93 per share. Telemus Capital Ltd has 46,886 shares.

TJX has been the subject of a number of recent analyst reports. Lazard Asset Mngmt Ltd has invested 0.17% in TJX Companies Inc (NYSE:TJX). Days to cover increased 3.0 to 7.0 and the percentage of shorted shares is 0.03% as of October 13. National Bank Of The Ozarks accumulated 23,214 shares or 0.6% of the stock. Northern Capital Management LLC's holdings in TJX Companies, Inc. Nelson Van Denburg Campbell Wealth Mgmt Limited Liability owns 150 shares. Jennison Assoc Limited Com holds 0.04% or 510,169 shares. Ruane Cunniff & Goldfarb reported 9.19 million shares or 6.13% of all its holdings. Tjx Cos Inc now has $45.02 billion valuation. One analyst has rated the stock with a sell rating, four have given a hold rating and sixteen have issued a buy rating to the stock. Morgan Stanley restated a "hold" rating and set a $77.00 target price on shares of The TJX Cos.in a research report on Wednesday, August 17th. The stock of TJX Companies Inc (NYSE:TJX) earned "Buy" rating by BMO Capital Markets on Thursday, June 8. The rating was maintained by Bernstein on Wednesday, May 18 with "Outperform". As per Wednesday, August 19, the company rating was maintained by Telsey Advisory Group. "Similarly, the company's SEVP - Group President Canestrari Kenneth on 2017-06-01 Sell 4000 shares of the company at a price of $75.8". (The) from a "sell" rating to a "buy" rating and set a $79.00 price target on the stock in a research note on Tuesday, July 18th. RBC Capital Markets maintained TJX Companies Inc (NYSE:TJX) on Monday, July 24 with "Buy" rating. The rating was maintained by Cowen & Co on Thursday, September 28 with "Buy". October 19 investment analysts at Buckingham Research made no change to the stock rating of "Buy" projecting a price of $85.00. The stock has "Buy" rating by M Partners on Thursday, September 17.

Since May 17, 2017, it had 0 insider buys, and 1 sale for $303,211 activity. Shares for $89,110 were sold by Sherr Richard on Wednesday, May 17. TJX Companies Inc (NYSE:TJX) has declined 2.02% since November 14, 2016 and is downtrending.

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