|Bid||71.31 x 100|
|Ask||71.57 x 300|
|Day's range||75.31 - 76.81|
|52-week range||48.56 - 78.70|
|PE ratio (TTM)||15.86|
|Earnings date||6 Mar 2018|
|Forward dividend & yield||2.48 (3.36%)|
|1y target est||75.42|
The smart speaker market seems to have seen a price war during the holiday quarter. According to Reuters, Alphabet’s (GOOGL) Google and Amazon (AMZN) steeply discounted their entry-level smart speakers, and some analysts believe they lost money on the units sold in the quarter.
Target (TGT) is showing a strong uptrend as better-than-expected holiday sales, improving fundamentals, and an anticipated increase in its EPS (earnings per share) in fiscal 2018 have led analysts to raise their target price on the stock and lifted the stock higher. The acute selling pressure stemming from the rising interest rates didn’t have much of an impact on Target stock. TGT stock has gained about 15.5% on a YTD (year-to-date) basis as of February 14, 2018, and outperformed the benchmark index (SPX-INDEX), which is up approximately 1.0% on a YTD basis.
Based on a quarterly services revenue run rate of $8.5 billion, which is what Apple (AAPL) generated in services revenue in fiscal 1Q18 (December quarter), Apple’s 2018 services revenue could be $34 billion. Since Apple is aiming for at least $48 billion in services revenue by 2020, $34 billion in services revenue in 2018 would leave it with a gap of $14 billion to cover in two years.
The recent tax reform law includes an incentive for companies to increase capital spending during the next five years. Two prominent companies could take advantage of this policy.
Retail sales usually decline in January, says former Hudson's Bay CEO. A better metric, he says, is comparing year-over-year retail sale rates.
Target’s (TGT) EPS (earnings per share) have been falling YoY (year-over-year) over the past several quarters, reflecting pressure on margins from increased price investments and higher digital fulfillment costs associated with growing e-commerce sales. Target expects its bottom line to benefit from improved sales and higher productivity from new and remodeled stores. Also, a decline in the corporate tax rate, share repurchases, and favorable YoY comparisons should drive the company’s earnings higher.
Target’s (TGT) sales are expected to increase in fiscal 2017 after falling in the past year. Target’s top line is expected to benefit from its booming digital business, which is growing at a brisk pace and meaningfully contributing to its growth. The company recently acquired Shipt, which is likely to speed up its delivery process and drive sales higher.
Can Walmart’s Fiscal 4Q18 Results Raise Its Stock Higher? The graph below shows that analysts have raised their target prices for Walmart (WMT) stock in the past couple of months due to improving sales and profitability and the company’s ability to maintain and grow its market share despite strong competition from online rivals and other deep discounters. Recently, RBC (Royal Bank of Canada) increased its price target for Walmart stock to $109 per share from $106.
Most businesses have a lot to gain from the new tax law, but the retail space in particular is cheering the impact it'll have on their bottom lines.
Can Walmart’s Fiscal 4Q18 Results Raise Its Stock Higher? Walmart’s (WMT) top line is likely to benefit from continued strength in its digital business. Digital sales are expected to grow 40% in fiscal 2019.
Target's impressive holiday sales performance and recent share acceleration are only the beginning of a longer upward climb, says Baird.
Can Walmart’s Fiscal 4Q18 Results Raise Its Stock Higher? Walmart’s (WMT) focus on strengthening its e-commerce business and increasing store traffic has helped it report improved sales over the past several quarters. Analysts expect strong sales in the US segment to drive Walmart’s top-line growth.
Can Walmart’s Fiscal 4Q18 Results Raise Its Stock Higher? Walmart (WMT) is expected to announce its fiscal 4Q18 earnings on Tuesday, February 20, 2018. Analysts expect it to report adjusted EPS (earnings per share) of $1.37, a 5.4% rise YoY (year-over-year).
Last year, the company introduced bitcoin trading support to a limited number of the cash app users to gauge interest in bitcoin trading. By extending the ability to buy and sell bitcoin to virtually all cash app users, Square has signaled that it was impressed with the bitcoin trading pilot results. Only Square cash app users in New York, Hawaii, Georgia, and Wyoming can trade bitcoin on the app.
The team responsible for building Target's online registry saw Honeyfund appear on "Shark Tank," and thought it would be cool to integrate the honeymoon registry service into Target's own.