|Bid||110.84 x 1400|
|Ask||113.27 x 1800|
|Day's Range||110.84 - 111.33|
|52 Week Range||80.41 - 112.17|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
It’s been a great year for the retail sector with SPDR S&P Retail ETF (NYSEARCA:XRT), Invesco Dynamic Retail ETF (NYSEARCA:PMR) and VanEck Vectors Retail ETF (NYSEARCA:RTH) returning 18.5%, 12.7% and 12.3%, respectively, against 7.5% returns offered by SPDR S&P 500 ETF (NYSEARCA:SPY).
The back-to-school season, the shopping extravaganza between July and September that comes second to holiday shopping, is at its peak. Americans are estimated to spend $27.6 billion this time, per an article published on CNBC. Keeping this in mind, below we highlight a few patterns that have been established in this year’s back-to-school season.Departmental Stores to Gain Upper Hand
Retail stocks and sector-related ETFs have been enjoying a greater year as strong consumer sentiment helped prop up a once ailing segment of the market. Year-to-date, the SPDR S&P Retail ETF (XRT) , the largest retail-related ETF on the market, increased 16.9% and the VanEck Vectors Retail ETF (RTH) advanced 19.9%. Target Corp (TGT) is one of many traditional brick-and-mortar retailers that have been enjoying a strong earnings season.
FANGs are Wall Street’s hot sellers. But overvaluation concerns are rife for FANGs. Bank of America Merrill Lynch analysts, raised warnings ahead of FANG investing and asked investors to sell the sector “on signs inflows have reached bubble territory.”Source: Shutterstock
The Zacks Analyst Blog Highlights: SPDR S&P Retail, Amplify Online Retail, ProShares Online Retail, VanEck Vectors Retail and Invesco Dynamic Retail
As back-to-school season has entered its peak month, retailers are on the edge with initiatives to perk up sales. This is the second-busiest shopping season (mid July to mid September) after the Christmas holidays, with sales generally picking up in mid August.Source: Shutterstock
Learn how Walmart has increased its online presence, and discover three ETFs that provide solid exposure to the discount retailer.
As summer vacation draws to a close, it’s back to pencils, books and teachers’ dirty looks for many students, which bodes well for retail ETFs looking to capitalize on a busy back-to-school shopping season. ...
ETFs with Home Depot holdings gained as the home improvement retail chain announced positive second-quarter earnings of $30.46.3 billion and an EPS of $3.05–both results beating analyst estimates of $30.03 ...
CVS Health (CVS) reported its second-quarter earnings results on August 8. The pharmacy giant reported better-than-expected top and bottom line results during the quarter.
Walgreens Boots Alliance (WBA), America’s second-largest pharmacy chain and a recent addition to the Dow Jones Index, has been going strong for years. The company has grown its top line at a CAGR (compound annual growth rate) of 11% over the last five years. While the company has taken the organic as well as the inorganic route to boost sales, earnings growth has been a result of improving profitability and a solid stock repurchase plan.
CVS Health (CVS) is a well-covered stock and is tracked by 23 Wall Street analysts. The company is rated a 1.9 on a scale of 1 (strong buy) to 5 (strong sell). The company was also upgraded by Needham (from “buy” to “strong buy”), Morgan Stanley (from “equal-weight” to “overweight”), and Raymond James (from “outperform” to “strong buy”) early this year.
Most ETFs with heavy Amazon exposure are experiencing an uptick today as the online retail company reported its second-quarter earnings on Thursday, trouncing expectations with an earnings per share figure ...
Online retailer Amazon is ready to shake up the drugstore market as the company announced it would acquire online pharmacy PillPack. ETFs with the heaviest Amazon exposure were mostly down in the early ...
The United States Census Bureau releases a monthly report on retail sales in the United States. As per the notes on the bureau’s website, it conducts an advance monthly survey of retail trade and food services companies. According to the latest report, which was released on June 14, advance estimates of US retail (XRT) and food services sales for May were $502.0 billion, an increase of 0.8% from the revised April reading of $497.9 billion.
CVS Health (CVS) and Walgreens Boots Alliance (WBA) shares have seen high levels of volatility in the past year. Walgreens, which is currently trading at $62.70 as of May 29, has seen its share price move between $61.56 to $83.89 in the last 12 months. CVS is trading at $64.80. CVS has a 52-week price range of $60.14–$84.
Walgreens Boots Alliance (WBA) and CVS Health (CVS) are both well-covered stocks. While Walgreens is tracked by 27 analysts, 25 analysts cover CVS.
What’s making small-cap retail attractive? There are a whole list of factors that have driven these stocks to levels that traditional value people and deep value people would look at. The valuations have been driven down primarily by a lack of ...
Dollar General (DG) is slated to release its results for the first quarter of 2018 on Thursday, May 31. Wall Street has projected a 36% YoY (year-over-year) increase in the company’s earnings per share (or EPS) to $1.40. After impressive performance in the stock market in 2017, Dollar General’s stock has risen around 4% so far this year.
The US Census Bureau releases a monthly report on retail sales in the United States. As per its website, the Census Bureau conducts an advance monthly survey of retail trade and food services companies. The April retail sales report indicated that the gains were broad-based with nine of the 13 major categories moving higher during the month.