Looking at top Wall Street opinions, The TJX Companies, Inc. (NYSE: TJX) has recently made its way into the research list of Robert W. Baird – signaling that their analyst’s rating adjustment is noteworthy. This stock was Outperform in the eyes of Robert W. Baird, as reported on Tuesday, May 14th, 2019. Another heavy-hitting research note was published by Telsey Advisory Group on Thursday February 28th, 2019, with this firm Reiterated TJX to an updated rating of Outperform. In the past six months and three months of trading, shares of The TJX Companies, Inc. (TJX) have moved by -5.93% and 4.91%, respectively.
Brokerage Updates Related to The TJX Companies, Inc. (TJX) Stock
Not a single analyst have given an underperform rating, 1 has given a sell rating and 10 have given a rating of Buy or better. Based on the 25 stock market experts following this company, the average 12-month price target is $56.52. Moreover, individual price targets range between $43.00-$65.00. With its recent move to $58.00, we can see that these firms project this stock will gain by 23.27% in one year.
Updates from The TJX Companies, Inc. (TJX) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.10% rise since the beginning of the calendar year. A SEVP – Group President at The TJX Companies, Inc. (TJX) sold off some of its shares in a transaction that was finalized on Apr 22. Similarly, Goldenberg Scott sold 37,248 shares of the organization’s stock at $53.90 apiece and racked up $2,007,667 in earnings from the sale. Now, Goldenberg Scott holds 119,024 shares of the company following the exchange. A SEVP, Group President of the organization named Sherr Richard, was engaged in a transaction that occurred on Apr 08 that managed to be worth $2,325,440 from the sale of 43,000 common shares at a price of $54.08 per individual share.
The TJX Companies, Inc. (NYSE:TJX) Results in the Pipeline
The next scheduled release of financial results for The TJX Companies, Inc. will be for the Jan-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.68. In the same vein, they expect sales for the quarter to amount to $11,003.20 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $11,127.30 million in revenue alongside EPS at $0.68. On average, the analyst projection was calling for $9,825.76 million with $0.63 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $9,331.12 million, with earnings per share ending up at $0.58.
Bed Bath & Beyond Inc. (NASDAQ:BBBY) experienced a drop of -0.13% from the closing price in the previous trading day. That drove the price to $15.25 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 4,158,473 shares of stock – compared to the typical average of 6.61M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $17.87.
Pricing Indications for Bed Bath & Beyond Inc. (BBBY)
This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 16.25 from its observable 50-day simple moving average. Right at this moment, the per-share value is -1.41% lower than the mean per-share price over the last 200 days in the market.
Bed Bath & Beyond Inc. (NASDAQ:BBBY) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 2 have a Buy rating, 0 have an outperform rating, while 16 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 3 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 3.00, based on information from Thomson Reuters.
BBBY Stock Value Potential
In trading activity as of late, this stock’s value was 15.45 up from its 200 day moving average, while also -6.21% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $13.00-$25.00. The market value for the entire organization reached 2.05B. In the last trading session, the price ended the day at $15.27. The institutional holdings related to this organization account for 1.50%, and the Beta factor is now 1.15. This company’s RSI (Relative Strength Index) managed to hit 40.54.
Bed Bath & Beyond Inc. (NASDAQ:BBBY) Analyst Points of Focus
Bed Bath & Beyond Inc. (BBBY) has found itself inside of Telsey Advisory Group’s research list, so their analyst rating adjustment is worth taking note of. This stock was Reiterated to Market Perform, by Telsey Advisory Group, as garnered from a news report on Thursday April 11th, 2019. An additional helpful research note was sent out by Morgan Stanley’s on Friday April 5th, 2019. The brokerage decided to upgrade BBBY to Equal-Weight from its previous rating of Underweight.