TMX Group Limited (TSE:X – Get Free Report) has been assigned an average rating of “Hold” from the seven research firms that are currently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is C$37.14.
X has been the subject of a number of research reports. Scotiabank upped their price objective on shares of TMX Group from C$36.00 to C$38.00 and gave the stock a “sector perform” rating in a research note on Wednesday, February 7th. National Bankshares boosted their price objective on shares of TMX Group to C$37.00 and gave the stock a “sector perform” rating in a research note on Monday, February 5th. CIBC increased their target price on TMX Group from C$34.00 to C$35.00 and gave the company a “neutral” rating in a research report on Wednesday, February 7th. BMO Capital Markets raised TMX Group from a “market perform” rating to an “outperform” rating and boosted their price target for the stock from C$36.00 to C$41.00 in a research report on Monday, March 25th. Finally, Royal Bank of Canada raised their price objective on TMX Group from C$34.00 to C$36.00 and gave the company a “sector perform” rating in a research report on Tuesday, February 6th.
Read Our Latest Report on TMX Group
Insider Buying and Selling at TMX Group
TMX Group Stock Up 0.9 %
Shares of TSE:X opened at C$36.41 on Thursday. The firm has a market capitalization of C$10.07 billion, a PE ratio of 28.45, a price-to-earnings-growth ratio of 12.65 and a beta of 0.39. The business has a 50 day simple moving average of C$35.15 and a two-hundred day simple moving average of C$32.38. TMX Group has a 1 year low of C$27.11 and a 1 year high of C$37.01. The company has a debt-to-equity ratio of 26.67, a current ratio of 1.00 and a quick ratio of 0.01.
TMX Group (TSE:X – Get Free Report) last posted its quarterly earnings results on Monday, February 5th. The company reported C$0.37 EPS for the quarter, hitting analysts’ consensus estimates of C$0.37. TMX Group had a net margin of 12.28% and a return on equity of 9.10%. The firm had revenue of C$301.50 million for the quarter, compared to analysts’ expectations of C$300.05 million. On average, equities analysts predict that TMX Group will post 1.6194927 EPS for the current year.
TMX Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 8th. Shareholders of record on Friday, March 8th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend was Thursday, February 22nd. TMX Group’s payout ratio is 55.47%.
About TMX Group
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally. It operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing.
Featured Stories
- Five stocks we like better than TMX Group
- Find and Profitably Trade Stocks at 52-Week Lows
- It’s Time to Buy Into the Super Micro Computer Stock Implosion
- What Are Dividend Achievers? An Introduction
- Merger or Not, Albertson’s Companies is a Good Buy
- Why Are Stock Sectors Important to Successful Investing?
- 3 Cheap Stocks That Shouldn’t Be So
Receive News & Ratings for TMX Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TMX Group and related companies with MarketBeat.com's FREE daily email newsletter.