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TGT - Target

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by JerryM, May 15, 2016.

  1. StockJock-e

    StockJock-e Brew Master
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    Straggling Target needs to make a bold move behind Wal-Mart and Amazon
    CNBC - 3 hours ago
    Target has made little apparent advancements in the grocery aisles and in beefing up its digital operations of late. Instead of acquiring smaller players, as Wal-Mart is doing, Target is investing around $7 billion back into its own busines
     
  2. T0rm3nted

    T0rm3nted Moderator
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    That must be why it's down 25%+ since December!
     
  3. fidelgeorge

    fidelgeorge Well-Known Member

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    Dividend is near 5%, with solid earnings. This is a steal. With today's announcement, look forward, not backward. The bottom is here. If they really beat, with + guidance look for this near 70.
     
    Jack Levy and Charles Noble like this.
  4. JerryM

    JerryM Well-Known Member

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    Agreed. I bought in about 3 weeks ago. It went into my long term hold bucket.
     
  5. fidelgeorge

    fidelgeorge Well-Known Member

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    TGT has bounced off a double bottom recently, and now formed a higher low... TREND IS UP... and TREND IS YOUR FRIEND
     
    Jack Levy and Charles Noble like this.
  6. Charles Noble

    Charles Noble Well-Known Member

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    Inverse Head and Shoulders $50 (Head) $55 (Shoulders) formed should go up if Volume ever picks up!
     
    fidelgeorge and Jack Levy like this.
  7. Jack Levy

    Jack Levy Well-Known Member

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    Bricks and mortar shops are dying slow. Amazon and Automation are the future. Others can try and catch up. But the ship has sailed.
     
    Charles Noble and fidelgeorge like this.
  8. BermudianOption

    BermudianOption Active Member

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    Not quite ready to breakout imo but I am stalking it as a potential trade:
    [​IMG]
     
  9. bigbull

    bigbull Active Member

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    Another underappreciated company that should be worth more than what it is valued at today. The growth initiatives set forth should materialize into better comps and in-store foot traffic, but perhaps more importantly, into an improved customer experience (the it factor that defines the growth curve of any company for the foreseeable future) by introducing new brands.

    The digitization of the business is key. At the end of 2017 it only accounted for roughly 5% of total sales. As this becomes a bigger part of its sales and operating expenses remain well managed, margins should trend higher into the next few years which should yield a higher multiple.

    I remember back when I lived in the states the default option was always Target or Amazon. To this day, from what I've heard, it remains the case. Competition in the space is high , but that has been a known fact for some time. I don't associate, in every single case, competition as a deterrent to growth. Yes, Target, Wal-Mart and Costco will battle in price and volume which will impact margins, but the strategy Target adopted in scaling its delivering service is key to offset compression seen in price will help raise its top and bottom line numbers.

    I am not picking favorites. The setting is such that TGT, WMT, COST, AMZN and other smaller distributors can co-exist. TGT has the better ROI, right now.

    $74.47 needs to hold short, mid and long term. This is the inflection point that defines the current move off the lows. This is breaking out in slow fashion just like NKE where the process, not event, determines the nature of the breakout.

    A break above $81.06 confirms a new multi-year uptrend but it will require a break above the multi-year high of $85 to see this pushed higher.
    There is one of two choices. You buy near these levels believing the initiatives will pay off and use $74.47 as the bogey to measure risk, ir wait until $81.06 is cleared followed by a break of $85.
     
    T0rm3nted and bigbear0083 like this.
  10. bigbull

    bigbull Active Member

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    Waiting patiently for this to break trend and enter a new cycle. It will most likely be a 2019 to 2020 story but I am getting my queue from price if in case the street decides to bid this early.
     
  11. bigbull

    bigbull Active Member

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    $74.47 was tested yesterday, again, to then produce the bounce. But again, it requires a trade above $81.06 to confirm a new uptrend.
     
  12. KyleLennon

    KyleLennon Member

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    The signature categories represent one-third of total revenue, but the company is coming under pressure as consumers shift more to digital retails. When it comes to e-commerce, Target pales in comparison to both Walmart and Amazon: it generates $4 billion of sales annually through digital versus $23+ billion for Walmart and $60+ billion for Amazon. Hence, investors are watching out for the company's progress on the e-commerce front.
     
  13. StockJock-e

    StockJock-e Brew Master
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    New highs on this break out!
     
  14. StockJock-e

    StockJock-e Brew Master
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    Target (NYSE: TGT) proved up to the challenge Wednesday morning. The retailer put up spectacular second-quarter numbers, with both its stores and its online business booming. A combination of strong consumer spending, a flurry of new exclusive brands, and major e-commerce initiatives led to the best quarter for Target in more than a decade.
     
  15. bigbear0083

    bigbear0083 Content Manager
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    Target reports holiday same-store sales growth of 5.7%, maintains 2018 outlook
    • Target says its 2018 holiday same-store sales rose 5.7 percent.
    • That's compared with growth of 3.4 percent in 2017.
    • The retailer is maintaining its same-store sales forecast for the fourth quarter and profit outlook for fiscal 2018.
    Target saw a surge of shoppers head to its stores and website this past holiday season, a sign that its investments in store remodels and delivery services are paying off, and an early sign that consumers across the U.S. spent more on gifts this year.

    The retailer said in a Thursday press release that sales at its stores and website operating for at least 12 months climbed 5.7 percent this past holiday season. That's compared with growth of 3.4 percent a year ago and surpassing some analysts' expectations. Target shares were last falling more than 2 percent after climbing over 1 percent in pre-market trading.

    Based on Thursday's results, Target said it's maintaining its profit outlook for the fourth quarter and fiscal 2018. It also announced the retirement of CFO Cathy Smith, in addition to a handful of other management changes.

    Overall, CEO Brian Cornell said he's "very pleased" with Target's performance during this past November and December, both in stores and online. The company said it managed to attract more shoppers who also spent slightly more per visit. Some of its strongest sales were in the baby and toy categories.

    "In 2019, we expect to build on this momentum … and deliver profitable growth throughout the year," Cornell said in a statement.

    Target said digital sales were up 29 percent during the holidays, thanks to the retailer offering more delivery options like buy online pick up in store. It said the amount of online orders fulfilled through either in-store pick up or a curbside pick up services was up 60 percent from a year ago and accounted for roughly 25 percent of online sales during this past November and December. Target added it remains on track to report digital sales growth of more than 25 percent in 2018, which would make it the fifth consecutive year it's been able to do so.
     
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