This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

3 Stocks Hit 52-Week Highs: TJX, DDS, MHP

NEW YORK ( TheStreet) - These stocks reached 52-week highs on Tuesday: TJX (TJX - Get Report), Dillard's (DDS - Get Report) and McGraw-Hill (MHP).

Each of these stocks received a buy rating from TheStreet Ratings.

TJX

Shares of TJX hit a 52-week high Tuesday of $40.80. The stock's 52-week low of $24.60 was set on June 15.

TJX shares currently trade at an estimated price-to-earnings ratio for next year of 15.44X times; the average for apparel retailers is 16.56X. For comparison, Kohl's (KSS) has a lower forward P/E of 9.65X; Ross Stores' (ROST) forward P/E is 15.95X.

Analyst comment:

"TJX reported a March same-store sales increase of 10% on top of -1%, versus our and the consensus estimate of a 3% increase and guidance of +1% to +3%," Canaccord analysts wrote in an April 5 report. "MarMaxx also reported 10% SSS growth. The international segments continued to gain momentum, specifically at T.K. Maxx where SSS increased 17% on top of -9%. This is the sixth consecutive month of SSS gains at T.K. Maxx. SSS increased 8% on top of -5% in Canada. HomeGoods SSS were up 6% on top of +7%. Management raised the midpoint of its Q1 EPS guidance by $0.06 to $0.51-$0.52."

Twenty of the 31 analysts who cover TJX rate it at buy; 11 analysts give the stock a hold rating.

TheStreet Ratings gives TJX an A+ grade with a buy rating and $52.19 price target. The stock has risen 26.67% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
DDS $134.89 0.00%
TJX $65.25 0.00%
AAPL $124.75 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs