National Bank Financial Analysts Lift Earnings Estimates for TMX Group Limited (TSE:X)

TMX Group Minimal (TSE:X – Get Ranking) – Equities researchers at Countrywide Bank Money upped their FY2023 EPS estimates for shares of TMX Team in a analysis observe issued on Tuesday, May 2nd. Countrywide Financial institution Money analyst J. Gloyn now forecasts that the company will write-up earnings of $7.54 per share for the calendar year, up from their preceding forecast of $7.51. The consensus estimate for TMX Group’s current total-calendar year earnings is $7.61 for each share.

A quantity of other research companies also not long ago issued studies on X. BMO Money Marketplaces lifted their selling price target on shares of TMX Team from C$155.00 to C$158.00 in a investigate report on Wednesday. Countrywide Bankshares increased their target value on TMX Group from C$148.00 to C$152.00 and gave the corporation a “sector conduct” rating in a report on Tuesday. Deutsche Lender Aktiengesellschaft slash their cost goal on TMX Team from C$145.00 to C$143.00 in a report on Wednesday, February 8th. TD Securities greater their price aim on TMX Team from C$145.00 to C$150.00 and gave the organization a “maintain” score in a exploration be aware on Wednesday. Finally, Scotiabank boosted their target price tag on shares of TMX Team from C$159.00 to C$161.00 in a investigation take note on Thursday.

TMX Group Inventory General performance

Shares of X opened at C$139.70 on Friday. TMX Group has a 1 12 months very low of C$123.03 and a 1 12 months large of C$142.92. The inventory has a marketplace capitalization of C$7.78 billion, a P/E ratio of 14.21, a P/E/G ratio of 12.65 and a beta of .55. The enterprise has a debt-to-equity ratio of 26.38, a brief ratio of .01 and a recent ratio of 1.00. The firm’s fifty working day relocating ordinary is C$135.96 and its two-hundred working day moving common is C$135.29.

TMX Group (TSE:X – Get Ranking) previous issued its earnings results on Monday, February 6th. The enterprise reported C$1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.73 by C$.01. The company experienced profits of C$274.10 million in the course of the quarter, as opposed to analyst estimates of C$280.68 million.

TMX Team Dividend Announcement

The organization also not long ago introduced a quarterly dividend, which will be paid on Friday, June 2nd. Stockholders of report on Friday, June 2nd will be compensated a dividend of $.87 for each share. The ex-dividend date is Thursday, May perhaps 18th. This signifies a $3.48 annualized dividend and a dividend produce of 2.49{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}. TMX Group’s dividend payout ratio is presently 35.40{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996}.

TMX Team Business Profile

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TMX Team Minimal operates exchanges, markets, and clearinghouses mainly for funds marketplaces in Canada and internationally. The company operates by way of 4 segments: Worldwide Remedies, Insights & Analytics Capital Development Derivatives Investing and Clearing and Equities and Set Cash flow Trading & Clearing.

Further Looking at

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