Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Target Corporation    TGT

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 
The feature you requested does not exist. However, we suggest the following feature:

With stocks at highs, investors eye consumer results

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/18/2017 | 03:04pm CET
A trader works on the floor of the NYSE

U.S. stock investors may look to a host of results from consumer-facing companies including Wal-Mart Stores Inc (>> Wal-Mart Stores Inc) next week for signs on whether the recent market rally has more room to run.

U.S. stock investors may look to a host of results from consumer-facing companies including Wal-Mart Stores Inc (>> Wal-Mart Stores Inc) next week for signs on whether the recent market rally has more room to run.

The consumer names are among the last major companies of the S&P 500 earnings season to report, but the results will also be watched for a read on spending as well as for commentary from executives on President Donald Trump's proposal to tax imports.

Retail executives, some of whom met with Trump this week, have argued such a tax will raise consumer prices and hurt their businesses.

Besides Wal-Mart, Macy's (>> Macy's Inc) and Home Depot Inc (>> Home Depot Inc) are among the heavyweights due to report next week.

Investors also will keep a close eye on housing-related data to gauge if a recent rise in consumer spending and inflation data is translating into higher home prices and a pick-up in home sales, market strategists said.

Wall Street ended the week on a high note, with all three major indexes registering record highs and the Dow reaching a seventh straight record close. [.N/C]

Investors were watching consumer names this week as Trump met with chief executives of Target Corp (>> Target Corporation), Best Buy Co Inc (>> Best Buy Co Inc) and six other major retailers.

Next week, investors may be looking for more clues about the impact of Trump's proposals on retailers, with particular focus on Wal-Mart, JJ Kinahan, chief market strategist at TD Ameritrade in Chicago said.

"Maybe not so much what their earnings say as much as what their conference call will say about some of the president's proposals around border taxes and immigration," he said.

Results from some of the largest consumer-facing companies will also provide a read on whether improving consumer sentiment is reflected in actual results, said Steve Chiavarone, portfolio manager at Federated Investors.

"Does sentiment continue to work higher and eventually pull up actual results or can sentiment only take you so far until you have some follow-through in the real data? Those are the things that will be on our minds," he said.

Results from small-cap retail companies will also be pored over as these companies have struggled from a profitability standpoint, said Steven DeSanctis, equity strategist at Jefferies.

"Though retail sales numbers have been good, profitability for a lot of the retailers has not been good," he said.

"That's going to be a big telltale sign for us. We're overweight discretionary, thinking that was the cheapest group out there, and it still is the cheapest but... if the E drops out the PE, you run into a problem there," he said, referring to price-to-earnings for the group.

(Reporting by Saqib Iqbal Ahmed; Additional reporting by Caroline Valetkevitch; Editing by James Dalgleish)

By Saqib Iqbal Ahmed

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TARGET CORPORATION
02/18 With stocks at highs, investors eye consumer results
02/16DJRetail CEOs Meet With Trump Over Border Tax Concerns -- Update
02/15DJRetail CEOs Meet With Trump Over Border Tax Concerns
02/14 Exclusive - Trump to meet with retail CEOs on taxes, infrastructure
02/14 TARGET : Best Buy CEOs to lobby Washington on tax plan
02/13 TARGET : Verizons Team Revealed How An IoT Attack Almost Took A University Offli..
02/13 TARGET CORPORATION : ex-dividend day
02/10 The'St. John woman'in a timeless fashion world
02/10 TARGET : WELSPUN TO INVEST Rs20 CRORE IN EGYPTIAN COTTON PROMOTION
02/10 QUALITY, SUPPLY CHAIN VERIFIED BY EG : Welspun
More news
Sector news : Discount Stores - NEC
02/16DJWAL MART DE MEXICO B DE C : Mart de Mexico Profit Rises 23% in Fourth Quarter --..
02/15DJWAL MART DE MEXICO B DE C : Mart de Mexico Profit Rises 23% in Fourth Quarter
02/13 Burlington to drop Ivanka Trump brand online - Business Insider
02/09 Trump blasts retailer Nordstrom, raising new concern on business ties
01/20DJFinance Watch -- WSJ
More sector news : Discount Stores - NEC
News from SeekingAlpha
02/19 COCKTAIL INVESTING EP 4 : Yellen, South Korea, Plastic Surgery And Mobile Advert..
02/17 WALL STREET BREAKFAST : Samsung Faces Strategic Challenge
02/17 Target of explosive stock manipulation
02/17 10 Dividend Growth Stocks For February 2017
02/16 Should You Invest Here With The S&P Charging Toward 2,400?
Advertisement
Financials ($)
Sales 2017 69 548 M
EBIT 2017 5 072 M
Net income 2017 2 801 M
Debt 2017 10 531 M
Yield 2017 3,53%
P/E ratio 2017 13,74
P/E ratio 2018 12,36
EV / Sales 2017 0,68x
EV / Sales 2018 0,68x
Capitalization 36 954 M
More Financials
Chart TARGET CORPORATION
Duration : Period :
Target Corporation Technical Analysis Chart | TGT | US87612E1064 | 4-Traders
Full-screen chart
Technical analysis trends TARGET CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 30
Average target price 73,7 $
Spread / Average Target 12%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Brian C. Cornell Chairman & Chief Executive Officer
John J. Mulligan Chief Operating Officer & Executive Vice President
Catherine R. Smith Chief Financial Officer & Executive Vice President
Michael E. McNamara Chief Information Officer & Executive VP
Roxanne Schuh Austin Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TARGET CORPORATION-8.92%36 954
COSTCO WHOLESALE CORPO..9.84%77 245
WAL-MART DE MEXICO S A..7.77%34 138
DOLLAR GENERAL CORP.4.86%21 457
DOLLARAMA INC4.28%9 041
VIPSHOP HOLDINGS LTD -..10.45%7 149
More Results