|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||79.37 - 82.11|
|52 Week Range||53.90 - 83.19|
|PE Ratio (TTM)||14.81|
|Earnings Date||Aug 22, 2018|
|Forward Dividend & Yield||2.56 (3.11%)|
|1y Target Est||79.22|
In an effort to combat transportation barriers to employment, JobLines, which aids individuals living in the central city to employment opportunities in Waukesha and Washington Counties, is hosting a series of job fairs.
With J.C. Penney (NYSE:JCP) hovering near key support, some investors might be thinking it’s time to scoop up JCP stock. That’s one way of thinking, but given the market we’re in, I’d rather avoid JCP.
This morning, the stock market had a small tizzy, and while we’re so close to an all-time high! That’s okay — small hiccups are part of the normal price action of any good breakout. Perhaps the real problem is that Wall Street is more worried in general, not disdainful of Macy’s results. Macy’s beat across the board on P&L performance metrics.
Most of the analysts covering Target (TGT) stock continue to have a neutral outlook. Target started fiscal 2018 on a strong note. Its top line sustained growth momentum, while traffic was at a record high. Also, Target’s bottom line returned to growth during the first quarter.
Amazon (AMZN) has launched a curbside pickup service for customers who shop online for groceries at its Whole Foods stores. The service is available to Amazon Prime subscribers and is initially rolling out in Sacramento, California, and Virginia Beach, Virginia. Amazon’s curbside pickup service lets customers collect their orders from a Whole Foods store of their choice without leaving the car.
Walmart (NYSE:WMT) reports earnings before the bell on Thursday and among the top things investors should be looking at are the valuations on Walmart stock. As a result, Walmart stock has moved higher in recent years. Because Walmart now trades at a higher valuation, the earnings report will likely not bring any news that would make Walmart stock a buy.
Target (TGT) impressed investors with its first-quarter bottom-line performance. The company’s EPS returned to the growth trajectory after seeing declines over the past several quarters. Moreover, analysts expect Target to sustain growth momentum and mark double-digit growth during the fiscal second quarter, which is encouraging.
Target’s (TGT) profit margins are one area where the company has failed to impress investors recently. Higher digital fulfillment costs related to growing e-commerce sales are taking a toll on margins. Plus, price investments to remain competitive further subdued margins.
Retail stocks are mostly having a pretty good year, and two department-store names are breaking out into buy territory on Tuesday.
The primary factor behind the turnaround in Target’s (TGT) business has been its focus on its e-commerce arm. The company’s digital business is growing at a healthy rate thanks to its money-saving and time-saving initiatives. Target has significantly expanded its digital fulfillment options and is matching those of Walmart (WMT) and Amazon (AMZN). As fast delivery of online orders drives customers to e-commerce platforms, Target quickly expanded its same-day delivery through Shipt in more than 700 stores.
Target (TGT) is likely to impress investors with its sales performance in the fiscal second quarter. Target’s expanded digital offerings, its focus on merchandising, store remodeling, and value pricing should drive traffic. Target’s top line is likely to benefit from the continued improvement in comparable-store sales (or comps).
Target (TGT) is scheduled to announce its fiscal second-quarter results on Wednesday, August 22. Analysts’ estimates for the second quarter also portray a healthy picture, as analysts expect Target’s sales and earnings to mark both YoY (year-over-year) and sequential improvements. Target’s turnaround strategies are working.
Shipt, a leading online marketplace, and Target Corporation (TGT) today announced they will begin same-day delivery of more than 55,000 groceries, essentials, home, electronics, toys and other products from Target to Portland, Maine residents beginning August 21. This launch marks the first time Shipt will be available to Maine residents, giving more than 130,000 households across the state access to products delivered by Shipt in as little as one hour. To celebrate the announcement, new Portland-area Shipt members who sign up before Aug. 21 will receive an annual membership for $49 (regularly $99).
Spending at retailers — excluding automobiles, gasoline stations and restaurants — is now predicted to climb at least 4.5 percent, The National Retail Federation says in its updated outlook for 2018. Retailers including Home Depot, Walmart and Macy's are set to report earnings later this week, which will offer a look at how these companies feel ahead of the all-important holiday season. Retail sales in 2018 are now forecast to climb higher than what had been expected thanks to U.S. tax reform and other upbeat economic indicators, according to an industry trade organization.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Services sector is rising.
Most of the analysts covering Costco (COST) continue to maintain a “buy” rating on the stock. Costco’s underlying business remains strong, which is reflected through its industry-leading sales growth. Costco’s improved traffic and transaction size due to value offerings, square footage expansion, and high membership renewal rates are driving the company’s sales.
MINNEAPOLIS, Aug. 9, 2018 /PRNewswire/ -- Today, Target Corporation (TGT) announced that John Bauer will join the company as senior vice president, global inventory management. In this role, Bauer will lead the teams responsible for ordering, inventory positioning, global trade and domestic transportation.
The outlets will certainly increase its competition with Minneapolis-based Sleep Number, which sells adjustable, air-filled mattresses, mostly in its own stores, but also online and over the phone.
New public disclosures detail the median employee compensation figures for many of Minnesota's largest public companies.
Small family operated dairy farms with cows freely grazing on verdant pastures are going out of business as large confined animal operations with thousands of animals lined up in assembly-line fashion are expanding into the organic market. Many traditional small-scale organic farmers are determined to fight back against the industry transformation by appealing to consumers to look closely at the organic milk they buy to make sure it comes from a farm that meets the idyllic expectations portrayed on the cartons. While the large operations say they're meeting U.S. Department of Agriculture standards for organic milk, the smaller farms say federal regulators under Republican and Democratic administrations have relaxed enforcement of strict organic standards for dairy farms, allowing confinement dairies to grow and put intense competition on small family operated dairies.
Costco Stock: What Can Investors Expect? Costco (COST) stock was trading at a forward PE multiple of 29.9x as August 8, which is ~15% higher than its four-year average multiple of 26.1x. The company is trading significantly higher than its peers. Walmart (WMT) stock was trading a forward PE multiple of 18.6x, while Target (TGT) shares were trading at a forward PE multiple of 15.4x.
Consider this the third installment in my price target hikes for Target (NYSE:TGT) stock. In late November 2017, with TGT stock trading around $55, I said that the stock deserved to trade above $60. Then, in April 2018, I said that TGT stock deserved to trade above $70, given recent operational improvements.