TJX Companies, Inc. (TJX) is 4.72% away from 50-day simple Moving Average despite all headwinds

TJX Companies, Inc. (NYSE: TJX) kicked off on Monday, down -0.17% from the previous trading daybefore settling in for the closing price of $119.81. Over the past 52 weeks, TJX has traded in a range of $86.71-$121.13.

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Annual sales at Consumer Cyclical sector company grew by 9.32% over the past five years. While this was happening, its average annual earnings per share was recorded 7.97%. With a float of $1.13 billion, this company’s outstanding shares have now reached $1.13 billion.

Let’s look at the performance matrix of the company that is accounted for 349000 employees. In terms of profitability, gross margin is 30.35%, operating margin of 11.06%, and the pretax margin is 11.31%.

TJX Companies, Inc. (TJX) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Apparel Retail Industry. The insider ownership of TJX Companies, Inc. is 0.13%, while institutional ownership is 94.59%. The most recent insider transaction that took place on Sep 12 ’24, was worth 139,252. In this transaction Director of this company sold 1,183 shares at a rate of $117.71, taking the stock ownership to the 1,192 shares. Before that another transaction happened on Sep 10 ’24, when Company’s CEO & President sold 15,000 for $117.54, making the entire transaction worth $1,763,139. This insider now owns 536,148 shares in total.

TJX Companies, Inc. (TJX) Latest Financial update

In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 1.03 earnings per share (EPS), higher than consensus estimate (set at 0.99) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.18 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 7.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.31% 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

Take a look at TJX Companies, Inc.’s (TJX) current performance indicators. Last quarter, stock had a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.43. Likewise, its price to free cash flow for the trailing twelve months is 30.30.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.14, a number that is poised to hit 1.09 in the next quarter and is forecasted to reach 4.59 in one year’s time.

Technical Analysis of TJX Companies, Inc. (TJX)

TJX Companies, Inc. (NYSE: TJX) saw its 5-day average volume 3.87 million, a negative change from its year-to-date volume of 5.39 million. As of the previous 9 days, the stock’s Stochastic %D was 88.14%. Additionally, its Average True Range was 1.83.

During the past 100 days, TJX Companies, Inc.’s (TJX) raw stochastic average was set at 94.52%, which indicates a significant increase from 73.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.28% in the past 14 days, which was lower than the 19.03% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $114.37, while its 200-day Moving Average is $102.05. Nevertheless, the first resistance level for the watch stands at $120.41 in the near term. At $121.22, the stock is likely to face the second major resistance level. The third major resistance level sits at $121.68. If the price goes on to break the first support level at $119.14, it is likely to go to the next support level at $118.68. The third support level lies at $117.87 if the price breaches the second support level.

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

The company with the Market Capitalisation of 134.90 billion has total of 1,130,149K Shares Outstanding. Its annual sales at the moment are 54,217 M in contrast with the sum of 4,474 M annual income. Company’s last quarter sales were recorded 13,468 M and last quarter income was 1,099 M.