Target: Promising Recovery Trends [Seeking Alpha]
Target Corporation (TGT)
Last target corporation earnings: 3/3 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.target.com
Company Research
Source: Seeking Alpha
The company is focusing on driving top-line growth through new private brands, store openings, and expanding its loyalty program. Target aims to grow its top-line at a rate of 4% annually for the next decade and expects to grow back into a 6%+ EBIT margin business. Recovery is promising, but not a done deal. The stock trades at its 5-year average valuation. Target Corporation ( NYSE: TGT ) has outperformed its retailer peers and the consumer staples sector this year by a significant margin. This was primarily due to its upbeat 4Q (year-end: January) earnings result and FY24E guidance. Both of which mark the bottoming of its business cycle, which has fallen prey to the reopening of the economy post-pandemic. When we last wrote about Target in 2019, the company was embarking on a supercycle of the burgeoning omni-channel distribution model, which brings synergy between its online and offline channels. Quarterly revenue Y/Y growth finds a bottom Target benefited immensely from
Show less
Read more
Impact Snapshot
Event Time:
TGT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TGT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TGT alerts
High impacting Target Corporation news events
Weekly update
A roundup of the hottest topics
TGT
News
- Target (TGT) Rolls Out Extensive Price Cuts Across 5,000 Items [Yahoo! Finance]Yahoo! Finance
- Is Real Estate Still A Safe Investment? Tips For Today's Market [Forbes]Forbes
- Shipt and Meijer Team Up for Big Savings and a Year's Worth of Groceries this Summer [Yahoo! Finance]Yahoo! Finance
- Target Corporation to Webcast 1st Quarter Earnings Conference Call on Wednesday, May 22, 2024PR Newswire
- How Macy’s, Kohl’s and Nordstrom are chasing Millennial, Gen Z shoppers [MSNBC.com]MSNBC.com
TGT
Earnings
- 3/5/24 - Beat
TGT
Sec Filings
- 5/1/24 - Form PX14A6G
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- TGT's page on the SEC website