|Bid||85.10 x 200|
|Ask||85.15 x 500|
|Day's Range||84.76 - 85.97|
|52 Week Range||54.04 - 90.39|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||14.90|
|Earnings Date||Nov 20, 2018|
|Forward Dividend & Yield||2.56 (2.94%)|
|1y Target Est||90.01|
Consumer confidence during the holiday season is expected to boost retail spending, especially online sales. Yahoo Finance’s Melody Hahm speaks to Amplify ETFS CEO Christian Magoon about what could happen.
Given continued favorable trends in the broader economy, it is reasonable to be optimistic about earnings results from the traditional brick-and-mortar retailers and their stock prices.
Target (TGT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the third quarter, analysts expect Target (TGT) to continue to report strong sales numbers. Analysts expect Target to report net sales of $17.8 billion during the third quarter—up 6.9% on a YoY (year-over-year) basis. Analysts expect the company’s strong comps, led by phenomenal traffic growth, to support the top line. Target, Costco (COST), and Walmart (WMT) are driving more traffic despite heightened competition from Amazon (AMZN) and other deep discounters like Aldi and Lidl.
Target (TGT) is scheduled to announce its third-quarter results on November 20. Analysts expect Target to maintain its sales and earnings growth momentum in the third quarter. Target reported strong comps growth in the first half of 2018. During the last reported quarter, the comps rose 6.5%, which is the highest growth in the past 13 years.
Black Friday shopping is always a wild season as everyone is looking for certain items that you can find at a huge discount in the busiest shopping period of the year in the U.S. The chain announced that the Target Black Friday hours 2018 will begin on Thanksgiving Day at 5 p.m. and last through 1 a.m. on the day. The company’s actual 2018 hours on Black Friday will take place as early as 7 a.m. and be open until your local store’s official closing time.
Legendary investors such as Leon Cooperman and Seth Klarman earn enormous amounts of money for themselves and their investors by doing in-depth research on small-cap stocks that big brokerage houses don’t publish. Small cap stocks -especially when they are screened well- can generate substantial outperformance versus a boring index fund. That’s why we analyze the […]
Last month, rumors emerged that Walmart Inc. (NYSE: WMT) Canada division was conducting preliminary investigations into stocking its stores with CBD products, a move many consider to be inspired by Canada's legalizing adult-use cannabis sales. Amid the speculation, Walmart joins a growing list of large-scale retail chains and companies that have begun to flirt with the idea of selling CBD. Last year, Target Corpoation (NYSE: TGT) gained national attention after it briefly sold CBD oil in its online store, but quickly discontinued sales.
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included entertainment and retail giants. Bearish calls included some iconic names as well The big news of ...
Over the past several weeks, estimates for 2018 holiday shopping spend have rolled in, and they’ve been largely bullish. The National Retail Federation believes holiday sales will rise between 4.3% and 4.8% this year, markedly higher than the five year average holiday increase of 3.9%. Moody’s thinks holiday sales will rise by 5% to 6%, also above the long term average.