|Bid||0.00 x 800|
|Ask||0.00 x 1000|
|Day's Range||44.50 - 45.40|
|52 Week Range||43.33 - 75.91|
|Beta (5Y Monthly)||1.05|
|PE Ratio (TTM)||10.38|
|Earnings Date||Mar 02, 2020|
|Forward Dividend & Yield||2.68 (6.00%)|
|Ex-Dividend Date||Dec 09, 2019|
|1y Target Est||47.19|
The rating on one P&I class was upgraded due to an increase in credit support resulting from loan paydowns and amortization, as well as an increase in defeasance. The deal has paid down 7% since Moody's last review and defeasance increased to 37% of the pool from 11% at last review. The ratings on seven P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges.
Former Kohl’s Corp. president Sona Chawla has started a new position at a firm in Illinois. Chawla left Kohl’s in October. This month, Lincolnshire, Illinois-based CDW Corp. (Nasdaq: CDW) announced Chawla is the company’s chief growth and innovation officer – a newly created position.
These stocks have low price-to-earnings valuations relative to the S&P 500 that also appear likely to continue raising their dividend payouts more quickly than the broad market.
The numbers are in, and Americans had another banner shopping season. According to the U.S. Census Bureau, retail sales for December clocked in at a whopping $529.6 billion. That's nearly a 6% increase over last year's numbers, and represents a great catalyst for retail stocks.Even better, it doesn't take into effect the booming numbers realized in November, and during the Black Friday and Cyber Monday shopping periods. Collectively, it means consumers are alive and well.However, the effect of rising spending hasn't been felt across retail stocks evenly. In fact, many continue to miss on the new omnichannel, buy-online-pickup-in-store (BOPIS) shopping environment.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFrom Kohl's (NYSE:KSS) poor overall sales numbers to Macy's (NYSE:M) missed execution in online sales, many retail stocks suffered this holiday season -- and they'll keep suffering as the year goes on. However, for those retail stocks that get it and made some serious bank over the holiday shopping frenzy, they have the real potential to keep it going in the new year. That's because they understand what consumers want, and how and when they want it. * Invest in America's Most Trusted Brands With These 7 Stocks to Buy For investors, this holiday season only underscored the growing division among retailers. And in that, placing your bets on who's getting it right is the only decision to make.That said, here are three retail stocks that killed this holiday season -- and have the potential to keep that momentum going. Retail Stocks to Buy for 2020: Walmart (WMT)Source: BCFC / Shutterstock.com I'll admit it, while I love Amazon (NASDAQ:AMZN) and have totally bought into their system, these days, it seems that my family is doing a fair bit of shopping at rival Walmart (NYSE:WMT). And it turns out, I'm not alone.According to a CNBC report, frequency of people buying items on Amazon has gone down. Those heavy users who purchase goods on Amazon six times or more per month has dropped to 40%. That's down from 80% recorded in 2017, showing that the winner of shoppers has been Walmart.Thanks to its efforts across its e-commerce platform, WMT is starting to seriously turn the tide in the world of retail. And, thanks to its already in place vast distribution network, grocery pick-up operations, BOPIS and quick shipping options, Walmart has become a tour de force in the new age of retail. In fact, during its last reported quarter, online sales jumped by 41%. As Walmart gets ready to post its sales and earnings from the holiday season, expectations are already running high that the company will continue a torrid pace of growth. And there's every reason to expect that will happen.The company continues to try new things with e-commerce, and has been boosting its online grocery operations. This includes improving its produce selection and considering building so-called "dark stores" that are strictly used for online ordering and pick-up in order to reduce congestion at some its more popular store locations. Meanwhile, WMT is willing to buy out successful online retailers to boost sales and gain some valuable tech.All in all, WMT has the cash to really compete in the world of online and in-store shopping. And that makes it a prime retail stock to own in 2020. Costco (COST)Source: Shutterstock When your main shoppers are fanatics, it's pretty easy to win over the holiday season and beyond. That sums up the case for warehouse club Costco (NASDAQ:COST). Shopping at Costco remains quite the event -- with plenty of one-time or limited deals, specialty products, its signature Kirkland brand and we can't forget those rotisserie chickens.Because of this, the company continues to execute retail the right way,and that showed up in its latest holiday numbers. For the five weeks ending Jan. 5, Costco managed to report an 10.5% increase in net sales. While new international stores did help on that front, the real driver was e-commerce sales. It turns out, making the pivot towards omnichannel retail is pretty simple when your operation is already based on warehouses. E-commerce growth at the chain grew by 20 percentage points over the holiday period.The beauty is that Costco continues to rack up members for warehouse clubs. As of the first quarter of this year, the club featured nearly 100 million members worldwide. Furthermore, their current membership renewal rate is about 91% in the U.S. and Canada, and those members send about $3.5 billion in cash into Costco's fees ever year. * Forget Lockheed Martin, Buy These 5 Smaller Defense Stocks Instead The end result is a strong, cult-like retailer that is successfully navigating the new omnichannel environment. And because of that, Costco will continue to be one of the top retail stocks for portfolios in 2020, as it is just hitting all the right switches for further growth. The TJX Companies (TJX)Source: Joe Hendrickson / Shutterstock.com Walmart is known for its low prices, and Costco is know for its fanatical customers. However, there is a way to get both with one retail stock -- and that's TJX Companies (NYSE:TJX). For TJX, the combination is creating an amazing retailer that, despite not really having an online presence, is just killing it with shoppers.Operating TJ Maxx, Marshall's, Home Goods and other store brands, TJX is a buyer of closet apparel and home furnishings. When Macy's can't unload full-price shirts, TJX buys them for dirt cheap. The secret is that the stores mix of goods constantly change.Because of this, it creates a sort of treasure hunt for the so-called "Maxxinistas." They are the ones who keep coming back to the store to find high-quality merchandise at cheap prices. The strategy has worked for a long time, but is increasingly working now as consumers have become more price sensitive.In the third quarter, TJX Companies' reported revenue increased by 6% year-over-year to more than $10.5 billion. Even better, foot traffic has been great, as comparative store sales grew by 4% for the quarter. This still impressive considering last year at this time, TJX saw a big 7% jump in the same metric.Already, TJX has mentioned strong preliminary results for the holiday season. The truth is that Americans want good merchandise at deep discounts, and they are willing to go to physical retail locations to get just that.With continued sales growth, strong cash flows and a growing dividend, TJX stock has the goods to keep rewarding shareholders throughout the future.At the time of writing, Aaron Levitt was long AMZN stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks on the Move Thanks to the Davos World Economic Forum * Invest in America's Most Trusted Brands With These 7 Stocks to Buy * 7 Earnings Reports to Watch Next Week The post 3 Retail Stocks That Won the Holidays and Will Win in 2020 appeared first on InvestorPlace.
Investors who demand value may take a quick "pass" on Shopify (NYSE:SHOP) by looking at its price-to-earnings ratio near 2,000 times. Yet momentum and growth investors may point to its exceptionally strong historical and future growth rates.Source: Beyond The Scene / Shutterstock.com In the last quarter, strong revenue continued but as profits disappointed, the dip in Shopify stock proved short-lived.So, how much more upside does Shopify bring to shareholders, now that the stock closes at 52-week highs almost daily?InvestorPlace - Stock Market News, Stock Advice & Trading Tips Weak Third Quarter Is TemporaryShopify reported fiscal 2019 third-quarter earnings on Oct. 29, and announced that its revenue grew 45% year-over-year. Gross merchandise volume came in at $14.8 billion, an increase of 48%, yet the company posted an adjusted net loss of $33.6 million. CEO Amy Shapero said, "Our strong results in the quarter were driven in part by the success of our international expansion, which is just one of the many ways we are investing in the platform." * The 7 Stocks That Cautious Investors Should Sell Now And just look at the provision for income taxes and investors will soon realize that the international expansion costs $48 million. This is a short-term pain that will lead to long-term gains. How? Shopify's addressable market will expand globally. In the quarter, the company posted strong cash flow and adjusted operating income of $10.5 million. Above all, for the full-year 2019, Shopify forecast adjusted operating income in the range between $27 million and $37 million. 2020 OutlookSource: Chart by FinboxShopify's business is positioned for considerably stronger growth in 2020. It faces no real competition in the multi-channel business-to-business space or the direct-to-consumer markets. So, this year, chances are good that its earnings per share will beat consensus estimates.Still, analysts are bullish on Shopify stock. Also, there are 9 buys and 7 holds on the stock. But the average price target is $423.15. Sure enough, a 10-year discounted cash flow EBITDA exit model might assume revenue growth slowing to 15%. In that scenario, the stock trades close to the fair value already.Source: Chart by Stock RoverOn the Stock Rover research report, Shopify stock has a value score of 56 (based on such ratios as enterprise value-to-EBITDA, P/E and price-to-sales). But its sentiment score is 89, based on the stock's days since hitting a 52-week high, moving average convergence/divergence (MACD) and short interest. Here is Shopify's valuation compared to the S&P 500 and its broader industry.Source: Chart by Stock RoverAnd here is Shopify's sentiment profile. Looking at these two tables it is clear that Shopify stock scores higher than both its broader industry and the S&P 500 when it comes to sentiment score. But its value score does ring in below that of the major index. Strong Quarterly Report ExpectedShopify shared Black Friday sales on Dec. 3, 2019. It showed that it topped over $2.9 billion in sales. In other words, this is up sharply from last year's $1.8 billion-plus levels. It said that the "sales demonstrate the power of borderless commerce and how independent businesses and direct-to-consumer brands around the world have become the heroes of Black Friday/Cyber Monday."After watching Macy's (NYSE:M) and Kohl's (NYSE:KSS) struggle to compete with the online marketplace, Shopify's dominance in the online space is unquestionable. As a side note, China's Baozun (NASDAQ:BZUN) is nowhere near comparable to Shopify. For example, Shopify is rated No. 1, according to the G2 website, which is a Chicago-based peer-to-peer review site. The stock market also reflects the disparity, with Baozun at risk of falling lower. After Shopify reports quarterly results on Feb. 12, the stock may break out to new highs if its profits exceed consensus estimates. My Takeaway on Shopify StockShopify's exceptionally strong annual revenue growth is unstoppable. Earnings will grow at almost 50% annually, justifying the stock's high valuations. Traditional value investors need to ignore metrics like price/earnings-to-growth, the price-to-book ratio and P/E ratios for now. Buying interest in the stock is strong and may accelerate as the company grows at a high rate. By 2024, revenue may top $7.5 billion, over six times where it is today.As of this writing, Chris Lau did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Stocks That Cautious Investors Should Sell Now * 7 Healthcare Stocks With 100% Street Support * 3 Chinese Stocks to Buy, Sell, or Play from Either Side The post Why Shopify Is Set to Smash Quarterly Earnings Expectations appeared first on InvestorPlace.
In selecting his favorite investment ideas for the year ahead, John Dobosz, editor of Forbes Dividend Investors, highlights a pair of stocks in the retail sector -- a leader in home furnishing and a department store chain.
Kohl’s (NYSE: KSS) announced today, in support of its overall commitment to family health and wellness, a donation of over $500,000 in grants to 25 deserving nonprofit organizations in the Greater Milwaukee Area. The grants, made possible through Kohl’s Hometown Giving Program, range from $2,500 to $50,000 and will help the recipients continue in their missions of serving local families in the Milwaukee community.
The clock is ticking for department stores like Macy’s Inc. and J.C. Penney Co. Inc., according to Sucharita Kodali, retail analyst at Forrester.
A Christmas sales miss by Target (NYSE:TGT) put coal in many corporate stockings.Source: Robert Gregory Griffeth / Shutterstock.com The company said comparable-store sales grew just 1.4% during the Christmas season, with toy sales flat and electronics down 6%. The retailer maintained its earnings guidance.Shares fell anyway, by nearly $9 or 7%. Target stock opened Jan. 17 below $117, with a market capitalization of about $59 billion.InvestorPlace - Stock Market News, Stock Advice & Trading TipsTarget wasn't the only stock traders tossed aside. Toy makers in particular were hammered, although both Hasbro (NASDAQ:HAS) and Mattel (NASDAQ:MAT) later recovered. Morgan Stanley even warned about mighty Walmart (NYSE:WMT), although not for the reason I had.Should Target shareholders panic and run for the exits? Or is this a buying opportunity? What's Going On?Shareholders have been taking profits on Target since early December, but little has changed.The company's strategy of building high-quality store brands continues to work, with rivals like Kohl's (NYSE:KSS) being downgraded. * 7 Small-Cap Stocks That Are Not Worth a Second Glance The strategy is based on the realization that just putting stuff on sale no longer works. But Target can't make iPhones or PCs. Electronics was the department that took the hardest hit, and it was the most popular category with children.Unable to throw Apple (NASDAQ:AAPL) under the bus because of the Target miss, analysts decided to toss the toy makers. They had been expecting better results after the Toys "R" Us bankruptcy, they didn't pay attention when toy makers themselves trimmed their lines and they ignored an Amazon (NASDAQ:AMZN) announcement that its toy sales were strong. What's the Problem?Many analysts gave Target a mark of "A" for its performance during the holiday season, noting that online sales were up 19%.But there is a problem. Target has become known as a soft goods retailer. People go to Target for clothes.This means there are Target brands that may not be performing, like Opalhouse, Project 62 and Room Essentials. The company's release on Christmas said its home goods, as well as toy sales, were flat. Target now has 41 such brands, in clothes, food, pet supplies and personal care. It also has 10 "exclusive brands" for which it's the only outlet, including two wine brands.There are two ways to look at this. The glass half-full crowd will say that Target has gotten women, especially high-income women, into the store. The glass half-empty crowd will complain that it's not getting enough of their money.For most consumers there are different kinds of shopping. There's clothes shopping, which is seasonal, personal and occasional. Target is doing great there. Then there's weekly shopping, the daily grind of groceries and related products, of filling out a list. This is where Target remains weak. Not all Target stores have grocery departments, and those that do have limited choices. Target's not a food store, in the way Kroger (NYSE:KR), Walmart or even Costco (NASDAQ:COST) are food stores. The Bottom Line on Target StockTarget CEO Brian Cornell is in the position of a football coach who has had a great season and now sees top assistants being poached by losing teams. An example is former chief merchandising officer Mark Tritton, hired away by Bed, Bath & Beyond (NASDAQ:BBBY).Cornell is building a new team and must develop new ideas to keep Target growing. It's not about rebuilding but reloading. Investors want to see whether Target can defend its new success against its own people, and how it will expand the beachhead it has established.With a dividend yield now over 2.2%, and a price-to-earnings ratio of 18.7, Target stock is fully priced, but its weakness makes it a good speculation for income investors seeking long-term defensive plays.Dana Blankenhorn is a financial and technology journalist. His latest book is Technology's Big Bang: Yesterday, Today and Tomorrow with Moore's Law, essays on technology available at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AAPL, AMZN and BBBY. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post Christmas Left Too Many Toys Behind in Target's Aisles appeared first on InvestorPlace.
U.S. holiday sales rose 4.1% in 2019 from a year earlier, as steady wage and jobs growth encouraged shoppers to splurge on groceries, beverages and furniture, the National Retail Federation (NRF) said https://bit.ly/2tqKJRv on Thursday. The U.S. retail group said holiday sales, excluding automobile dealers, gasoline stations and restaurants, rose to $730.2 billion, largely above the midpoint of its forecast of 3.8% to 4.2% growth, and up from a modest 2.1% growth last year. "This was a healthy holiday season, especially compared with the decline in retail sales we saw at the end of the season in 2018," NRF Chief Economist Jack Kleinhenz said, noting that trade policy turmoil, a government shutdown and financial market volatility took a toll on the industry.
Kohl’s (NYSE: KSS) is inviting young readers and their families to spring into the newest Kohl’s Cares collection, featuring books and coordinating plush from award-winning author and illustrator Lane Smith. Storytime will take little ones on adventures across snowy tundras, through vast oceans, and into wild jungles as they venture into a world of imagination.
With earnings season in full swing, investors start to get some reports about the most recent holiday sales. We break it down to understand whats going on in the retail industry.
Target’s stock fell 7% after the retailer said it was challenged in key holiday season categories, like electronics and home.
Lululemon Athletica Inc. bucked the weak trend in the retail sector reflected in the first pre-announcements from the holiday season, reporting strong sales and raising its guidance. The yoga-pants producer said it now expects revenue to range from $1.37 billion to $1.38 billion and earnings per share to range from $2.22 to $2.25. Lululemon stock is up 4.5% for the week to date, and has soared 73% over the last year to outperform major benchmarks.
Shares of JC Penney closed below $1 recently, and if the stock continues to close below $1 for 30 days it risks being delisted by the NYSE.
Kohl’s (NYSE: KSS) announced today, in support of its overall commitment to family health and wellness, a donation of $750,000 to Hunger Task Force, ensuring a steady supply of healthy food to Milwaukee-area families. Through Kohl’s donation and the expansion of the Hunger Task Force MyPlate program – a healthy eating model based upon USDA nutrition recommendations – the nearly 50,000 Milwaukee-area residents Hunger Task Force serves monthly will be provided the right types and portions of foods to consume daily to improve their health and wellness. Additionally, Kohl’s donation will support Hunger Task Force in converting nearly 10 additional pantries in the Hunger Task Force network to MyPlate pantries, increasing the total number of MyPlate pantries to 45.
Retailers best do a better job of embracing technology in the next decade than they did in the past 10 years. Yahoo Finance speaks with Microsoft CEO Satya Nadella about the future of retail.
Boot Barn's (BOOT) preliminary results for Q3 reflect growth in earnings, sales and same-store sales. Additionally, the company posts same-store sales for the November-December period.
It's easy to match the overall market return by buying an index fund. While individual stocks can be big winners...
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]
Yahoo Finance’s Heidi Chung joins On The Move to discuss new findings which say $1 billion in gift cards go unused every year in the United States.