Target(TGT)

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Guidewire's 10% Upside Is an Easy Target for Its Stock to Reach
MarketBeat· 2024-09-09 13:35
Guidewire Software TodayGWREGuidewire Software$163.45 +1.73 (+1.07%) 52-Week Range$85.15▼$171.74Price Target$158.38Add to WatchlistYou don’t normally think of technology and software as safe-haven plays for turbulent times, but that’s exactly what Guidewire NYSE: GWRE is. The company is a software company focused on the cloud, providing industry-leading services powered by AI to an all-weather industry perfectly positioned to benefit from it: insurance. The insurance industry is forecasted to grow at a high ...
Target Announces Limited-Edition Collection for Pets and Pet Lovers
Prnewswire· 2024-09-09 11:00
The Cuddle Collab collection launches Sept. 21 and features over 180 items — from matching accessories to modern home décor, starting at just $3 — inspired by beloved pet influencersMINNEAPOLIS, Sept. 9, 2024 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced The Cuddle Collab, its first exclusive collection for pets and pet lovers. Designed through the eyes of real pets, the collection of over 180 pieces is inspired by six social media "fur-fluencers" with items starting at $3 and ranging from ...
Lavras Gold Corp. Intersects 2.9 g/t Gold Over 59 Metres at Fazenda do Posto Gold Target, LDS Project, Southern Brazil and Provides an Exploration Update
Newsfile· 2024-09-09 10:30
Lavras Gold Corp. Intersects 2.9 g/t Gold Over 59 Metres at Fazenda do Posto Gold Target, LDS Project, Southern Brazil and Provides an Exploration UpdateSeptember 09, 2024 6:30 AM EDT | Source: Lavras Gold Corp.* This intersection includes 4.3 g/t gold over 32 metres, including 30.3 g/t gold over 1 metre* Other results returned 0.7 g/t gold over 301 metres from surface with multiple higher grade sub intervalsToronto, Ontario--(Newsfile Corp. - September 9, 2024) - Lavras Gold Corp. (TSXV: LGC) ...
Exploration Target Modelling Outlines Large Scale Project (59 m to 135 m Tonnes Average Between 0.78% to 1.03% CuEq) for PTX Metals' W2 Cu-Ni-PGE Project, Ontario, Canada
GlobeNewswire News Room· 2024-09-04 15:48
TORONTO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- PTX Metals Inc. (CSE: PTX) (OTCQB: PANXF, Frankfurt: 9PX) (“PTX” or the “Company”), a minerals exploration Company with two flagship projects situated in northern Ontario, is pleased to provide the results of a technical report summarizing the Exploration Target model estimate for the 100% owned W2 Cu-Ni-PGE Project in Ontario which outlines a large scale near-surface Cu-Ni-PGE project near the Ring of Fire area, Ontario. The Company’s 3D geological and grade shel ...
Target(TGT) - 2025 Q2 - Quarterly Report
2024-08-30 15:54
Revenue and Sales Performance - Total revenue for Q2 2024 was $25.5 billion, a 2.7% increase from the prior-year period, driven by a 2.6% increase in sales and a 10.8% increase in other revenue[38] - Comparable sales increased by 2.0%, with a 3.0% increase in traffic and a 0.9% decrease in average transaction amount[38] - Digitally originated comparable sales grew by 8.7%, while store-originated comparable sales increased by 0.7%[38][48] - Sales by fulfillment channel showed 97.9% of sales fulfilled by stores in Q2 2024, up from 97.6% in the prior-year period[49] - Apparel & accessories accounted for 17% of total sales in Q2 2024, consistent with the prior-year period[50] Profitability and Margins - Operating income for Q2 2024 was $1.6 billion, a 36.6% increase compared to the prior-year period[38] - Gross margin rate improved to 28.9% for Q2 2024, up from 27.0% in the prior-year period, driven by cost improvements and favorable category mix[55] - EBIT increased by 36.3% to $1.655 billion for the three months ended August 3, 2024, compared to $1.213 billion in the prior-year period[64] - EBITDA grew by 26.4% to $2.398 billion for the three months ended August 3, 2024, compared to $1.896 billion in the prior-year period[64] - GAAP and Adjusted EPS for the three months ended August 3, 2024, were $2.57, compared to $1.80 in the prior-year period[63] Expenses and Investments - SG&A expense rate increased to 21.2% in Q2 2024, up from 20.9% in the prior-year period, due to investments in team member pay and benefits[56] - Net interest expense decreased to $110 million for the three months and $216 million for the six months ended August 3, 2024, primarily due to higher interest income[59] - Effective income tax rates rose to 22.9% for the three months and 22.8% for the six months ended August 3, 2024, driven by higher pretax earnings and lower discrete tax benefits[60] Capital and Liquidity - After-tax ROIC for the trailing twelve months ended August 3, 2024, was 16.6%, compared to 13.7% for the prior-year period[40] - After-tax return on invested capital improved to 16.6% for the trailing twelve months ended August 3, 2024, up from 13.7% in the prior-year period[67] - Cash and cash equivalents stood at $3.5 billion as of August 3, 2024, including $2.5 billion in short-term investments[71] - Dividends paid totaled $509 million ($1.10 per share) for the three months ended August 3, 2024, a 1.9% per share increase from the prior-year period[73] - The company has a $1.0 billion 364-day and a $3.0 billion unsecured revolving credit facility, both of which backstop its commercial paper program, with no outstanding balances in 2023 or 2024[78] - No commercial paper was outstanding as of August 3, 2024, or July 29, 2023[78] - The company believes its liquidity sources, including operating cash flows, credit facility capacity, and access to capital markets, will remain adequate to meet obligations and fund strategic initiatives[80] Store Operations and Inventory - Store count increased to 1,966 as of August 3, 2024, with 3 new stores opened in the three months and 10 new stores opened in the six months[58] - Inventory increased to $12.6 billion as of August 3, 2024, compared to $11.9 billion as of February 3, 2024[72] Credit and Risk Management - The company expects to remain in compliance with debt covenants, including secured debt level and debt leverage covenants[79] - Certain outstanding notes allow note holders to demand repayment if the company experiences both a change in control and a downgrade to non-investment grade credit ratings[79] - The company’s credit ratings are A2 (Moody’s), A (S&P), and A (Fitch) for long-term debt, with potential adverse impacts if ratings are lowered[77] - No material changes in primary risk exposures or market risk management have occurred since the last disclosure in the Form 10-K[85] Accounting and Forward-Looking Statements - The company does not expect recently issued accounting pronouncements to materially affect its financial statements[81] - Forward-looking statements in the report are protected under the Private Securities Litigation Reform Act of 1995, but actual results could differ materially[84] - Key forward-looking statements include expectations regarding financial performance, liquidity adequacy, debt funding, share repurchases, and capital expenditures[83] Customer and Loyalty Programs - Target Circle Card Penetration was 17.7% for Q2 2024, down from 18.6% in the prior-year period[52]
Cisco, Target And 2 Other Stocks Executives Are Selling
Benzinga· 2024-08-29 12:45
The Nasdaq 100 closed lower by over 1% during Wednesday's session. Investors, meanwhile, focused on some notable insider trades.When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.Below is a look at a few recent notable insider sales. For mor ...
Innovative Eyewear, Inc. Announces Lucyd Smart Eyewear Now Sold on Target.com
Prnewswire· 2024-08-29 12:00
MIAMI, Aug. 29, 2024 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or "the Company") (NASDAQ: LUCY; LUCYW), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced that its Lucyd Lyte frames are now being sold on Target.com.Emmanuel Ogbah, Linebacker of the Miami Dolphins & Lucyd Brand Ambassador, Sporting the Jupiter XL Frame Available on Target.com. Image Courtesy of Innovative Eyewear, Inc.In a major move to increase its U.S. market pre ...
Shifting Targets: Are These Two Stocks A Better Bet Than TGT?
Forbes· 2024-08-29 11:00
LOS ANGELES, CALIFORNIA - AUGUST 20: The Target logo is displayed at a Target store on August 20, ... [+] 2024 in Los Angeles, California. Target is set to release its second quarter earnings report before tomorrow's opening bell. (Photo by Mario Tama/Getty Images)Getty ImagesIf you are a Target (NYSE: TGT) stock investor and took advantage of the stock’s reasonably strong run-up over the past month, it may be time to look elsewhere. As of this moment, we find Edgewell Personal Care (NYSE: EPC) - a consumer ...
Here's Why Target (TGT) is a Strong Momentum Stock
ZACKS· 2024-08-27 14:51
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.W ...
ARound, Minnesota United FC, and Target Unveil First-Ever In-Stadium AR Experience in Major League Soccer
Prnewswire· 2024-08-26 15:37
Building on successful partnerships with the MLB's Minnesota Twins, NBA's Cleveland Cavaliers, and NFL's Los Angeles Rams, ARound's latest initiative is a significant step in expanding its presence in live sports. Fans continue to be highly engaged with existing ARound experiences, with users interacting for an average of over 15 minutes per game."We are excited to bring this immersive AR experience to MLS and fans nationwide," said Josh Beatty, Founder and CEO of ARound. "These new experiences merge physic ...