|Bid||90.27 x 800|
|Ask||90.50 x 1200|
|Day's Range||90.14 - 90.41|
|52 Week Range||77.50 - 109.98|
|PE Ratio (TTM)||30.13|
|Earnings Date||Aug 16, 2018|
|Forward Dividend & Yield||2.08 (2.31%)|
|1y Target Est||94.44|
Yahoo Finance's Jared Blikre joins Alexis Christoforous from the floor of the New York Stock Exchange to break down the latest market moves.
The " Fast Money " traders shared their first moves for the market open. Pete Najarian was a buyer of Paypal PYPL David Seaburg was a seller of Walmart WMT Brian Kelly was a buyer of ConocoPhillips ...
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.
Personal disposable income stood at a $15.46 trillion annual rate in the second quarter, which put the debt to income ratio at 86%, down from 116% at its very worst in 2008, and the lowest ratio seen for the U.S. household in this space since 2002.
Macy's M – The retailer earned an adjusted 70 cents per share for the second quarter, topping estimates, with revenue also beating forecasts. Comparable sales posted an unexpected rise of 0.5 percent, compared to forecasts of a 0.
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.
Walmart Inc. is scheduled to announce fiscal second-quarter 2019 earnings before the bell on Thursday, and Credit Suisse analysts are concerned about earnings growth despite gains in various parts of the business. Analysts led by Seth Sigman say they’ve seen positive trends through the quarter, including share gains in grocery, growth from private labels, which benefits the food business, and expectations that online grocery will ramp up. “We struggle with the path to higher earnings per share as cost pressures and e-commerce investments continue, implying upside needs to come from valuation,” analysts wrote in a note published last week.
According to IBEF (India Brand Equity Foundation), India’s e-commerce industry is expected to be worth $200.0 billion in sales by 2026, growing from $39.0 billion last year. About 14.0% of India’s Internet users were online shoppers in 2016, according to Morgan Stanley. That’s expected to grow to 50.0% by 2026, enlarging the addressable market for e-commerce companies such as Amazon (AMZN).
CEO Jensen Huang announced the firm's latest chip offering that will be based on the new Turing architecture. Interestingly, as wages have been rising ever so slowly, tax cuts have also had an impact not just on corporate America, but on the family as well.