+ Watch TGT
on My Watchlist
The country’s second-largest discount chain, Target shoots to be more upscale than rivals with a focus on design.
12/27/11 TGT Outperform 5Y $50.61 +21.77% +13.68% +8.08 12/11/2012 @ $61.63Wallstreet seems to love this 40B 'discount store'. I know nothing about retail, but keep a few to 'diversify'. Div. (Yield) $1.72 (2.7%)Current Yield 2.88%
Under pressure from Wal-mart and Amazon. Grocery move was not profitable.
Better profit margin than Walmart and Costco, fairly priced right now, and coming into busy season.
Target Stores is attractively valued at 15.50 times earnings and has an adequately covered dividend and only yields 2.70%. I expect earnings and dividends to grow by 10%/year.
Recent price drop with consistent 20% annual dividend increases gives this a great entry point with a 2.7% yield and plenty of room for increasing the payout ratio, especially if earnings continue to grow
TGT sold at a premium valuation to the market until the recession of 2008 then they became under valued. IMO they are now selling at fair value. Earnings growth is projected at 11% by 23 analysts. They yield an above market rate of 2.6% and have paid rising dividends for 46 years. I believe now most all the bargains are had, quality stocks like TGT will once again rise to a premium valuation to their historic PE of 19.
Changing My Caps to Reflect my investing strategy. I start with a simple screener trying to find undervalued dividend paying stocks. Then because I want to invest in things I understand I eliminate any businesses I have not heard of or in areas I lack knowledge ( Financials, Precious Metals). After that I check the Caps Rating and it gets a thumbs up if it is rated 4 stars or higher. Very few 3 star companies will get a thumbs up but occasionally i will go out on a limb with one.
I love the dividend on this play
Decent price for excellent long-term dividend payer with seasonal kick added in.
I worked for target back in high school and it seemed like a great company. They definitely care about a good "guest" experience, which is why I know many people who prefer it over Walmart. The company is still growing so I like its prospects for the future.
Looks a little undervalued based on likelihood of growth. Has been generating cash steadily in last few years and using it to grow business or return to shareholders. Expansion to Canada seems natural, not forced; same with groceries & loyalty programs. Consumer confidence seems reliably back even if whole economy is not.
Recent expansion into Canada, and potential expansion to other international locations, should raise their stock
It's Cdn inroads should boost its value quite a bit over the next year.
It has outperformed the S&P 500 thus far this year. It rewards shareholders through buybacks and dividend yield. However, cash is needed to support expansion into Canada so a meaningful increase in the near future is not probable. The company's ecommerce strategy has not impressed thus far. Meanwhile, sales are slowing.
Retail stores need to show an ability to adapt to online commerce, and Target appears to be headed in that direction. If it can remain the "sexier" option over Walmart, it will continue to attract shoppers.
Good retail company that wont be going anywhere
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