TJX Companies, Inc. (TJX) is ready for next Episode as it posted an annual sales of 54,217 M

A new trading day began on Monday, with TJX Companies, Inc. (NYSE: TJX) stock price down -1.53% from the previous day of trading, before settling in for the closing price of $94.42. TJX’s price has ranged from $75.65 to $102.84 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 9.32%. Meanwhile, its annual earnings per share averaged 5.86%. With a float of $1.13 billion, this company’s outstanding shares have now reached $1.13 billion.

The extent of productivity of a business whose workforce counts for 349000 workers is very important to gauge.

TJX Companies, Inc. (TJX) Insider Updates

As we move forward, let’s examine how large-scale investors are investing in this stock of the Apparel Retail Industry. The insider ownership of TJX Companies, Inc. is 0.16%, while institutional ownership is 94.59%. The most recent insider transaction that took place on Mar 21 ’24, was worth 1,979,676. In this transaction CEO & President of this company sold 20,000 shares at a rate of $98.98, taking the stock ownership to the 515,801 shares. Before that another transaction happened on Mar 13 ’24, when Company’s CEO & President sold 20,304 for $97.57, making the entire transaction worth $1,981,145. This insider now owns 535,801 shares in total.

TJX Companies, Inc. (TJX) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 5.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.68% during the next five years compared to 9.70% growth over the previous five years of trading.

TJX Companies, Inc. (NYSE: TJX) Trading Performance Indicators

Here are TJX Companies, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.94. Likewise, its price to free cash flow for the trailing twelve months is 24.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.86, a number that is poised to hit 0.87 in the next quarter and is forecasted to reach 4.52 in one year’s time.

Technical Analysis of TJX Companies, Inc. (TJX)

The latest stats from [TJX Companies, Inc., TJX] show that its last 5-days average volume of 5.18 million was superior to 5.07 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 8.41%. Additionally, its Average True Range was 1.57.

During the past 100 days, TJX Companies, Inc.’s (TJX) raw stochastic average was set at 35.97%, which indicates a significant increase from 0.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.21% in the past 14 days, which was higher than the 15.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $97.87, while its 200-day Moving Average is $91.72. Now, the first resistance to watch is $94.62. This is followed by the second major resistance level at $96.27. The third major resistance level sits at $97.10. If the price goes on to break the first support level at $92.14, it is likely to go to the next support level at $91.31. Assuming the price breaks the second support level, the third support level stands at $89.66.

TJX Companies, Inc. (NYSE: TJX) Key Stats

With a market capitalization of 105.34 billion, the company has a total of 1,132,974K Shares Outstanding. Currently, annual sales are 54,217 M while annual income is 4,474 M. The company’s previous quarter sales were 16,411 M while its latest quarter income was 1,403 M.