|Bid||91.87 x 800|
|Ask||92.75 x 2900|
|Day's Range||91.04 - 92.22|
|52 Week Range||57.75 - 92.98|
|PE Ratio (TTM)||23.93|
|Earnings Date||Aug 23, 2018|
|Forward Dividend & Yield||0.90 (0.98%)|
|1y Target Est||90.80|
CNBC's Jim Cramer says he longs for lazy August days ahead of a packed week of earnings reports from retailers and tech companies. The "Mad Money" host tells market-watchers what to expect from next week's earnings reports. August used to be a month when nothing happened, CNBC's Jim Cramer said.
TJX Companies’ (TJX) 12-month forward PE (price-to-earnings) ratio was 20.0x as of August 15. The company’s forward valuation multiple has risen 14.4% since the announcement of its results for the first quarter of fiscal 2019 in May. TJX Companies’ off-price retailer peers Ross Stores (ROST) and Burlington Stores (BURL) were trading at higher forward valuation multiples of 21.2x and 24.9x, respectively, as of August 15.
Can TJX Companies Deliver Strong Growth in Fiscal Q2? TJX Companies (TJX) plans to declare its results for fiscal Q2 2019 on August 21. The period ended on August 4. As of August 15, TJX Companies stock has risen 16.9% since the company announced its results for the first quarter of fiscal 2019 in May. Overall, the company’s stock has moved up by 29.5% on a YTD (year-to-date) basis.
Ross Stores (ROST) records positive earnings and sales surprises for the last eight quarters by continually delivering broad assortments of compelling bargains to value-focused customers.
Can you guess the number of stocks hitting all-time highs? Not many, according to Michael Brush, a New York-based financial writer, whose Aug. 3 article in MarketWatch suggests a correction might be just around the quarter. “Even as the Nasdaq hit new highs in late July, only around half of Nasdaq stocks traded above their 200-day moving averages,” Brush wrote August 3.
The Zacks Analyst Blog Highlights: Amazon.com, Ross Stores, TJX, Kohl's and American Eagle Outfitters
Ross Stores (ROST) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
In a story Aug. 6 story listing female CEO of S&P 500 companies, The Associated Press erroneously listed Margaret C. Whitman as the CEO of Hewlett Packard Enterprise Co. She stepped down from the role ...
See who joins UnitedHealth, Texas Instruments and potential breakout stock Expeditors International on the latest of new buys by the best mutual funds.
The earnings season is past its pinnacle with results from more than 380 S&P 500 members on board. Per the latest Earnings Preview report, total earnings for the S&P 500 index is expected to rise 23.9% in second-quarter 2018, with 14 of the 16 Zacks sectors likely to register double-digit earnings growth.
Apple leads five top stocks to watch that are in or near buy range and showing relative strength. CSX, Ross Stores, Zoetis and PerkinElmer are also triggering a bullish technical signal.
As of July 31, Ross Stores (ROST) was trading at a 12-month forward PE (price-to-earnings) ratio of 21.0x. The company’s valuation multiple has risen 5.0% since the announcement of the company’s fiscal first-quarter results in May. As discussed in part three of this series, Ross Stores raised its EPS (earnings per share) guidance for fiscal 2018. As of July 31, Ross Stores’ forward PE was higher than TJX Companies’ (TJX) forward PE ratio of 19.6x.
The profitability of many companies in the consumer and retail sector has been under pressure due to rising costs, in particular, higher freight costs. Driver shortage has been one of the primary reasons for increased freight costs. In the first quarter of fiscal 2018, Ross Stores’ gross margin expanded 20 basis points on a year-over-year basis to 29.7%.
Ross Stores (ROST) has generated same-store sales growth for 37 consecutive quarters. Such consistent performance reflects the company’s ability to thrive even amid challenging market conditions. In fiscal 2017, which ended on February 3, Ross Stores’ same-store sales grew 4%.
On July 30, Cowen and Company raised its price target for Ross Stores (ROST) stock to $101 from $85. On June 22, Wedbush initiated coverage on Ross Stores with a “neutral” rating and a price target of $90. On June 11, Guggenheim increased its price target for Ross Stores to $95 from $85.
Traditional retail is not dead yet, despite inroads made by online merchandising juggernaut Amazon.com Inc. ( AMZN). In fact, several big retailers are thriving, and their stock prices recently reached 52-week highs, among them discounters Costco Wholesale Corp.
Shares of the two largest off-price retailers have hit new all-time highs this week, but they could continue rising.
Jonathan Corpina of Meridian Equity Partners joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest moves.