TGT - Target Corporation

NYSE - NYSE Delayed Price. Currency in USD
112.81
-0.42 (-0.37%)
At close: 4:03PM EDT

112.81 0.00 (0.00%)
After hours: 5:03PM EDT

Stock chart is not supported by your current browser
Previous Close113.23
Open112.86
Bid112.81 x 1000
Ask112.96 x 800
Day's Range112.40 - 113.74
52 Week Range60.15 - 113.74
Volume2,946,156
Avg. Volume5,391,058
Market Cap57.638B
Beta (3Y Monthly)0.62
PE Ratio (TTM)18.68
EPS (TTM)6.04
Earnings DateNov 20, 2019
Forward Dividend & Yield2.64 (2.35%)
Ex-Dividend Date2019-08-20
1y Target Est112.32
Trade prices are not sourced from all markets
  • 'Money for Nothin': Have We Met Dire Straits?
    GuruFocus.com

    'Money for Nothin': Have We Met Dire Straits?

    There is a song being played in the US economy, and those same baby boomers are rocking out on the lowest interest rates of the last 80 years Continue reading...

  • Will Chipotle's (CMG) Dominance Continue with Its Q3 Earnings Report?
    Zacks

    Will Chipotle's (CMG) Dominance Continue with Its Q3 Earnings Report?

    Chipotle (CMG) is set to report its third quarter results after the closing bell Tuesday, October 22.

  • Fast 100: Stasher seals the deal with customers using its plastic-free mission
    American City Business Journals

    Fast 100: Stasher seals the deal with customers using its plastic-free mission

    Thoughtful planning – and a foundation of sustainability – made silicone bag company Stasher the fastest growing private company in the Bay Area.

  • The Zacks Analyst Blog Highlights: Amazon, Walmart, Macy's, Gap and Target
    Zacks

    The Zacks Analyst Blog Highlights: Amazon, Walmart, Macy's, Gap and Target

    The Zacks Analyst Blog Highlights: Amazon, Walmart, Macy's, Gap and Target

  • Zacks.com featured highlights include: Hasbro, Atkore International, Target, Hibbett Sports and Bristol-Myers Squibb
    Zacks

    Zacks.com featured highlights include: Hasbro, Atkore International, Target, Hibbett Sports and Bristol-Myers Squibb

    Zacks.com featured highlights include: Hasbro, Atkore International, Target, Hibbett Sports and Bristol-Myers Squibb

  • Retail-Discount Stores Outlook: Prospects Look Promising
    Zacks

    Retail-Discount Stores Outlook: Prospects Look Promising

    Retail-Discount Stores Outlook: Prospects Look Promising

  • Is the Retail Picture Truly Gloomy? ETFs in Focus
    Zacks

    Is the Retail Picture Truly Gloomy? ETFs in Focus

    We need to see some more months of data before being sure about a retail slowdown.

  • Stocks To Buy: Is It Time To Buy Or Sell These Large-Cap Stocks?
    Investor's Business Daily

    Stocks To Buy: Is It Time To Buy Or Sell These Large-Cap Stocks?

    Looking for stocks to buy? Get analysis of large-cap stocks like Amazon, Alibaba and Dow Jones stocks GE and Microsoft to see if it's time to buy — or sell.

  • American Eagle to Keep Holiday Spirit High With 10,000 Hires
    Zacks

    American Eagle to Keep Holiday Spirit High With 10,000 Hires

    American Eagle (AEO) keeps up with the tradition of hiring seasonal employees for the holiday season with plans to recruit nearly 10,000 part-time associates this year.

  • What's in the Offing for Boot Barn (BOOT) in Q2 Earnings?
    Zacks

    What's in the Offing for Boot Barn (BOOT) in Q2 Earnings?

    Store expansion plans, strong merchandise margin and solid same-store sales are likely to contribute to Boot Barn's (BOOT) second-quarter fiscal 2020 results.

  • Tractor Supply's (TSCO) Q3 Earnings Are Likely to Improve Y/Y
    Zacks

    Tractor Supply's (TSCO) Q3 Earnings Are Likely to Improve Y/Y

    Tractor Supply's (TSCO) solid omni-channel and store-growth efforts are likely to show on third-quarter results.

  • More tenants in negotiations for Placerville center, plans suggest
    American City Business Journals

    More tenants in negotiations for Placerville center, plans suggest

    It appears an upcoming Target store has led several major retailers to consider joining a Placerville shopping center.

  • Holidays a Litmus Test for Retailers Post September Sales Drop
    Zacks

    Holidays a Litmus Test for Retailers Post September Sales Drop

    Retailers will surely be looking for green shoots of consumer spending in hopes for improved business activities during the festive period.

  • Dollar Tree Hits 52-Week High: What's Driving the Stock?
    Zacks

    Dollar Tree Hits 52-Week High: What's Driving the Stock?

    Dollar Tree (DLTR) is benefiting from its initiatives like the Dollar Tree Plus! test and store-optimization efforts. Also, the company's robust comps trend bodes well.

  • 5 High-Flying Stocks Near 52-Week High That Can Scale Higher
    Zacks

    5 High-Flying Stocks Near 52-Week High That Can Scale Higher

    Investors target stocks that have been on a bullish run lately. Stocks seeing price strength have a high chance of carrying the momentum forward.

  • Best Buy's 'blue shirts' can soon wear blue (or black) jeans, too
    American City Business Journals

    Best Buy's 'blue shirts' can soon wear blue (or black) jeans, too

    Best Buy Co. Inc. is loosening up its in-store dress codes, letting staff wear blue or black jeans instead of slacks and widening the range of allowable shoes.

  • Amazon (AMZN) Q3 2019 Earnings Preview: AWS, Prime & Advertising
    Zacks

    Amazon (AMZN) Q3 2019 Earnings Preview: AWS, Prime & Advertising

    Amazon stock is down 11% in the last three months heading into its Q3 earnings release on Thursday, October 24. So let's see what to expect from the e-commerce giant, including AWS, Prime, and advertising...

  • American City Business Journals

    Slideshow: Target opens next generation store at Hamilton Quarter, near New Albany

    Target is using its newest Central Ohio store to show off the brand's new modern image. The retailer opened its 16th Columbus location on the edge of Columbus near Westerville and New Albany Tuesday night. There's also a drive-up that lets customers place an order on the Target app and have the item brought to their car.

  • Tap Revenue Growth With These ETFs & Dump Earnings Recession
    Zacks

    Tap Revenue Growth With These ETFs & Dump Earnings Recession

    These sector ETFs could be played to highlight revenue growth in the third quarter.

  • The Really Dumb Reason Why Target Stock Is at Risk
    InvestorPlace

    The Really Dumb Reason Why Target Stock Is at Risk

    Ordinarily, you'd imagine that a trade war with the world's second-biggest economy would be net negative for the retail industry. But for big-box retailers like Target (NYSE:TGT) and Walmart (NYSE:WMT), 2019 has been one of the best years so far. Since January's opening price, Target stock finds itself up over 71%, while WMT has gained a respectable 29%.Source: Robert Gregory Griffeth / Shutterstock.com That said, not all big-box retailers have found the current environment favorable. A notable example is Big Lots (NYSE:BIG), which appears to have finally found a bottom. However, it took a loss of nearly 20% before investors apparently saw some contrarian value in its shares. So, what makes TGT stock stand out in what should be a broader headwind in retail?Primarily, I believe that Target owns a moat in the big-box space. Like sector king Walmart, TGT offers discounts to shoppers thanks to its vast scale. It's also a one-stop shop for various needs, including groceries, health and wellness products, clothing, and electronics. Unlike Walmart, though, Target caters to a more affluent customer. Therefore, Target stock levers an economic cushion similar to Costco Wholesale (NASDAQ:COST).InvestorPlace - Stock Market News, Stock Advice & Trading TipsFurthermore, because Target owns a moat, it's able to dictate favorable terms with its suppliers. While other retail companies desperately explore ways to minimize customer impact from the U.S.-China trade war, Target imposes its solution: bluntly, management tells its suppliers to foot the bill. * 10 Hot Stocks Staging Huge Reversals While that might sound like a net negative for TGT stock due to a combative relationship, Target has been doing this for years without recourse, as the charts demonstrate.But before you think Target stock is unstoppable, you might want to consider the retailer's inventory overflow situation. Target Stock Vulnerable to Operational RiskEarlier this month, Business Insider broke a disturbing story about Target's in-store operational efficiency, or lack thereof. Recently, management quietly cut overnight and backroom shift hours in stores across the nation. Apparently, this was done to increase floor support for customers.However, this move had an unintended consequence. With fewer workers - which Target refers to as "team members" - manning the backroom, the inventory overflow has become untenable. In some cases, heaps of products are stacked on top of each other, making the backroom a fire hazard. Also, guest photographs reveal that excess inventory sometimes spills out into the salesroom floor.Here's the dirty little secret: even in the best of times, Target's backrooms - where I once worked during my college years - were shoddy. In order to get thing done on time, many workers cut corners on safety protocols.Ordinarily, such a situation shouldn't impact TGT stock. After all, I'm fairly certain that all big-box retailers experience these inefficiencies to varying degrees. However, I've never seen anything like what Business Insider recently reported.The magnitude of this problem is such that I believe it can negatively impact Target stock if left unchecked. While most folks consider backroom duty as a lowly job, it's an important one for Target. Without hardworking and competent backroom team members, a store will constantly encounter inaccurate inventory counts. Eventually, that leads to very angry guests, who may take their dollars elsewhere.Plus, let's talk about the obvious: these are large-scale worker's comp cases ready to drop Target stock at a moment's notice. During my Target tenure, I witnessed team member injuries occur in clean backrooms. What we're seeing here is beyond the pale. The Root of the Problem Remains UnresolvedTo be fair, Target responded immediately to the backroom overflow problem. However, responding to a situation doesn't necessarily equate to forwarding an effective solution. Instead, the root cause - cutting overnight and backroom hours - remains unresolved.Indeed, Target's response - sending safety inspectors and demanding changes - may exacerbate the inventory overflow. That's because the team members responsible for the clean up are probably overworked as it is. With headquarters raising wages but cutting hours, the company is forcing out many well-trained employees.And with the craziness that the remaining team members are tasked to resolve, the attrition rate will surely spike. Thus, an effort to cut overhead will negatively affect operational efficiencies and accuracy.Let's also note that the busy holiday shopping season is only a month away. If Target doesn't get their act together quickly, TGT stock is at risk for completely dumb and avoidable reasons.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks Staging Huge Reversals * 7 Under-The-Radar Growth Stocks That Could Benefit New Investors * 5 Excellent High-Yield Dividend Stocks to Buy The post The Really Dumb Reason Why Target Stock Is at Risk appeared first on InvestorPlace.

  • Why frozen food sales are rocking again in America
    Yahoo Finance

    Why frozen food sales are rocking again in America

    The frozen food business continues to do wonders for the bottom line of Conagra Brands.

  • The Zacks Analyst Blog Highlights: Zumiez, RH, Dollar General and Target
    Zacks

    The Zacks Analyst Blog Highlights: Zumiez, RH, Dollar General and Target

    The Zacks Analyst Blog Highlights: Zumiez, RH, Dollar General and Target

  • Will Internation Business Drive Skechers' (SKX) Q3 Earnings?
    Zacks

    Will Internation Business Drive Skechers' (SKX) Q3 Earnings?

    Skechers' (SKX) focus on new lines of products, cost-containment efforts, inventory management and global distribution platform is likely to show on third-quarter results.

  • Has the United States entered a new Gilded Age?
    Yahoo Finance Video

    Has the United States entered a new Gilded Age?

    Matt Stoller, author of the new book 'Goliath,' joins The Final Round to discuss the hundred year struggle between monopolies and democracy, and America's foray into a new Gilded Age.

  • September retail sales drop for the first time in seven months
    Yahoo Finance Video

    September retail sales drop for the first time in seven months

    Retail sales dropped for the first time in seven months in September. Unexpectedly falling 0.3% last month. Analysts polled by Bloomberg had estimated a 0.3% increase. Charcy Evers, Retail Trends analyst joins Yahoo Finance's Akiko Fujita to discuss.