|Bid||74.00 x 1000|
|Ask||0.00 x 2900|
|Day's Range||76.34 - 77.40|
|52 Week Range||50.04 - 79.59|
|PE Ratio (TTM)||14.49|
|Earnings Date||Aug 22, 2018|
|Forward Dividend & Yield||2.48 (3.45%)|
|1y Target Est||77.19|
Amazon's acquisition of Whole Foods has rattled the grocery industry, leading to a spate of ecommerce deals. One year ago Saturday, Amazon announced it would take over Whole Foods in a $13.7 billion deal that shook the grocery industry . In the last year, the search giant has become an increasingly attractive partner for retailers looking for ways to compete with Amazon, allowing it to explore new business models and alliances.
Amazon (AMZN) might have forever changed the grocery industry exactly one year ago when the e-commerce giant bought Whole Foods for roughly $14 billion on June 16, 2017. Today, grocery delivery is commonplace across the entire industry.
Target (TGT) is trying to gain customers by coming up with new service offerings. The company is going the extra mile to provide the same-day delivery option to customers.
) that heavily rely on Chinese-made goods to pack stores won't see an immediate or a direct impact should a trade war commence between the U.S. and China. "The focus is on high-tech [imports], not consumer goods," Erik Lundh, a senior economist who specializes in China at the Conference Board, said on Friday, June 15, about what the U.S. government is targeting.
Price cuts designed to “appeal to customers” did not likewise appeal to potential investors in HRB stock. Now, the company, which competes with companies such as Intuit Inc. (NASDAQ:INTU) and privately-held Jackson Hewitt Tax Service, Inc., has left its investors wondering what will come next. Given the stock’s history, growth investors will not likely want to invest.
Walmart (WMT) stock was trading at a forward PE (price-to-earnings) multiple of 17.3x as of June 13, which is higher than that of Target (TGT) but significantly below Costco (COST). Moreover, the company is trading almost on par with the S&P 500 Index (SPY). Given the company’s 2.5% dividend yield and its expected 9.1% increase in fiscal 2019 EPS, Walmart’s valuation seems fair. In comparison, Target and Costco stock were trading at forward PE multiples of 14.6x and 27.3x, respectively.
Walmart and Target shoppers aren’t passing on the opportunity to shop at Amazon.com, too. The overlap between the retailers—people who shopped at either of the traditional retailers, as well as the fast-growing digital giant—continues to trend upward, according to a chart published Thursday by Cowen & Co. analysts. Both numbers were down from Q4, but still reflected an upward trend since the start of 2013.
Takeovers can occur for several reasons. Sometimes a successful, larger company, in order to become even more dominant, wants to acquire superior technology or a popular product developed by a smaller rival. Other times a struggling, larger company, to prevent its financial results from sinking, looks to acquire a successful rival.
Shipt, the membership-based online delivery marketplace, expanded its local presence Thursday with the launch of same-day delivery in the St. Louis area from Target stores.
Similar to how we protect ourselves online through VPN services, Privacy.com offers virtual payment cards that act like a VPN when it scrambles your IP address, shielding your true account information from possible scammers. Online banking is huge. For the longest time we would hold up our Apple iPhones and Google Android devices and say "this is more secure", but that was just a pipe dream.
Target (TGT) shares have risen 19.6% on a YTD (year-to-date) basis as of June 13. Target has outperformed its peers in terms of the growth rate. The company’s strong digital business and accelerating comps growth rate have been driving the stock higher.
Target Corporation (NYSE:TGT) is pulling a Father’s Day card after complaints from customers.Source: Mike Mozart via Flickr (Modified)
Target Corp. has issued an apology after a Father's Day card depicting a black couple kissing under the words "Baby Daddy" went viral.
The retailer has joined Target Inc. in offering modestly priced wines, following in the footsteps of specialty grocery chain Trader Joe's, owned by Germany-based ALDI, which sells what's known as Two-Buck Chuck. The nickname refers to Trader Joe's house brand, made by Bronco Wine Co. in Ceres, Calif., under the name of Charles Shaw.
Recently, Target (TGT) announced 3.2% growth in its quarterly dividend to $0.64 from $0.62 per share. The increase marks the 47th consecutive year that the company has increased its dividend. Target has a strong history of returning a substantial amount of cash to its shareholders in the form of dividends and shares. Target’s dividend growth rate has fallen, which you can see in the above graph.
MINNEAPOLIS , June 14, 2018 /PRNewswire/ -- Target Corporation (NYSE:TGT) today announced voting results from its 2018 Annual Meeting of Shareholders. Shareholders elected 12 members of the board of directors, ...
Shipt, a leading online delivery 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 to select Texas metro areas. Beginning June 28, same-day delivery from Target will be available in the following metro areas: El Paso, Brownsville/McAllen and Lubbock, Texas. Shipt is launching in El Paso and Lubbock for the first time with same-day delivery from Target.
MINNEAPOLIS , June 13, 2018 /PRNewswire/ -- The board of directors of Target Corporation (NYSE:TGT) has declared a quarterly dividend of 64 cents per common share, a 3.2% increase from the prior quarterly ...
Of the 26 analysts covering Target (TGT), 17 recommend “hold.” Target’s strategic growth efforts are gaining traction and driving its comps higher. However, continued margin pressure related to its investments in growth measures and increased competition are keeping most analysts at bay.
Could Target Stock Outperform Walmart and Costco This Year? As shown in the graph below, Target’s earnings have disappointed investors, with its growth initiatives impacting its profitability. Target lowered prices on thousands of products to attract traffic, which pressured margins, and in turn, its bottom line.
On Saturday, Target Corp. launched its first technology product line aimed towards young Millennials and Generation Z.
While the S&P 500 continues to post solid gains, many investors nonetheless are watching carefully for any signs that rising trade tensions will rein in economic growth, a prospect raised by President Trump's deep disagreements with other world leaders at the recent G-7 meeting.
Target and Shipt have reached the middle point in the rollout, with a big unveiling in Chicago and the Midwest