TJX Companies, Inc. is poised to dominate the AI boom with impressive sales growth and market capitalization. As the global AI industry continues to expand, TJX is well-positioned to benefit from this lucrative market. According to Grand View Research, the AI boom is projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030.
TJX’s annual sales growth over the past decade has been a remarkable 9.33%. Its earnings per share (EPS) during that time averaged 8.01%. However, this year, the company’s EPS is expected to reach an impressive 20.28%. With a market capitalization of $101.10 billion, TJX has solidified its position in the market. The stock’s 50-day moving average is $89.73, while the 200-day moving average is $83.24.
An efficient corporate organization, TJX employs approximately 329,000 workers and generated $151,781 per employee in the last fiscal year. Its income per employee was $10,632. The company has a receivables turnover of 76.00 and a total asset turnover of 1.76. In terms of profitability, TJX boasts a gross margin of 27.38, an operating margin of 9.47, and a pretax margin of 9.28.
It is also important to take note of how larger investors are engaging with TJX. The company’s current insider ownership stands at 0.15%, while institutional ownership is at a significant 91.88%. Recent insider trades include the Executive Chairman selling 64,817 shares and the SEVP – Group President selling 4,197 shares. These transactions have affected insider ownership.
TJX recently released its last quarter earnings report, revealing an impressive earnings per share (EPS) of $0.95, surpassing market expectations of $0.91. The company achieved a net margin of 7.00 and a return on equity of 56.57. Market experts predict earnings of $0.8 per share for the current fiscal year.
With an EPS increase of 20.28% for the current fiscal period, TJX is expected to reach an EPS of 4.10 in the upcoming year. Looking ahead, market analysts forecast a 12.93% increase in EPS over the next five years, compared to the 8.01% growth achieved in the previous five years.
Examining TJX’s current performance indicators, the company’s quick ratio is currently at 0.47. The stock has maintained an average true range (ATR) of 1.65. The price-to-earnings (PE) ratio stands at $25.02, while the beta score is 0.90. Additionally, the price-to-sales ratio for the trailing twelve months is 1.93, and the price-to-free cash flow is 22.13.
In terms of future expectations, TJX’s diluted EPS trailing twelve months currently stands at 3.53 and is expected to reach 1.11 in the next quarter. Analysts predict that it will be 4.10 at the close of the market one year from now.
Recent statistics for TJX show an increased average volume for the stock in the last five days compared to the volume in the year-ago period. The stock’s stochastic %D over the previous nine days was recorded at 41.06%, while the average true range was 1.80.
TJX’s raw stochastic average over the previous 100 days has risen to 53.08%, a significant increase compared to the 21.28% observed in the last two weeks. The stock’s historic volatility was 20.32% in the past 14 days, surpassing the 15.56% volatility exhibited in the previous 100 days.
