84.04 +0.77 (0.92%)
After hours: 7:59PM EDT
|Bid||84.00 x 800|
|Ask||84.14 x 1300|
|Day's Range||82.44 - 83.72|
|52 Week Range||53.90 - 84.14|
|PE Ratio (TTM)||15.28|
|Earnings Date||Aug 22, 2018|
|Forward Dividend & Yield||2.56 (3.08%)|
|1y Target Est||79.87|
Target earnings and the Fed's latest minutes release will be highlights for investors though legal developments in the world of President Donald Trump will certainly be noted by markets.
Shares of Target (TGT) slipped 0.06% during regular trading hours Tuesday to sink just below their 52-week high. So let's see what investors should expect from the retail powerhouse after strong reports from Walmart (WMT), Home Depot (HD), and other retailers.
Off-price retail giant Kohl’s (NYSE:KSS) recently reported stellar second-quarter numbers which beat top- and bottom-line expectations and included a lift to the full-year guide. KSS stock traded slightly down early on the news, though it has since recovered. Bigger picture, Kohl’s strong second-quarter report affirms that retail is back.
Analysts say they’ll be looking for Target to show evidence that investments in things like merchandising and price are paying off.
Wholesale club Costco (NASDAQ:COST) has some impressively die-hard fans among its customer base and has managed to impress Wall Street so far this year. Since the start of 2018, COST stock has gained 22%. Zoom out to the last 12 months, and COST stock has a 44% surge in the books.
Equity markets have been trading more so on fads, memes and headlines then on company fundamentals lately. Management must deliver amazing forward guidance, or else the short-term reaction to the company’s stock is harsh. Case in point was the reaction to a recent Macy’s (NYSE:M) earnings report where the stock fell 15% without any major piece of bad news.
Judging by U.S. stock market performance this week, it appears that at the moment, when investors have relatively little solid news to trade on, their bias seems to be on the optimistic side. On the trade front, although fresh U.S. tariffs on Chinese imports, and retaliatory Chinese duties, are set to take effect this week, that’s been a known quantity for some time.
MINNEAPOLIS , Aug. 21, 2018 /PRNewswire/ -- WHAT: Target Corporation's (NYSE:TGT) webcast of its 2nd quarter earnings conference call. WHEN: Wednesday, August 22, 2018 - 7:00 a.m. central time HOW: ...
Shares of Target (TGT) have climbed over 6% during the last month as investors remain impressed by the retail power's ability to push further into e-commerce and delivery as it races to keep up with Amazon (AMZN). Target's Q2 financial results are due out before the market opens on Wednesday, so let's see if investors should consider buying shares of Target right now.
Target Corp. is collectively spending millions of dollars to remodel three Sacramento-area stores, as the retail giant expands its "next generation of store design" to more locations.
Retail earnings are in full swing, and this week it's Lowe's LOW and Target's TGT turn as two of the big-box retailers report on their recent quarters. While Target has surged 27 percent since the beginning of 2018, Lowe's is up 6 percent and trailing the XRT retail ETF XRT 's 14 percent gain. Market watchers agree on one thing ahead of their earnings: Target still looks like the better bet.
The busy stretch of retail results continues with Target Corporation (NYSE: TGT) earnings report scheduled for before market open on Wednesday, August 22. While some bearish analysts latched onto the slowdown in same-store sales, TGT reported 3.7 percent traffic growth, which was the company’s highest quarterly traffic growth in more than 10 years.
Target Corporation (NYSE:TGT) finds itself in a precarious position this week. Target is slated to step into the earnings confessional this Wednesday, and the bar is set rather high. Combine this with the fact that TGT stock is on the verge of overbought territory, and it’s enough to make even options traders nervous.