Target (TGT) stock gained 1.4% before closing at $55.79 on Monday, August 14, following its announcement of the Grand Junction acquisition.
Target’s (TGT) acquisition of transportation tech startup Grand Junction could help it augment its delivery capabilities and boost its digital business.
As of August 10, 2107, Wal-Mart Stores (WMT) stock was trading at a 12-month forward PE (price-to-earnings) of 18.2x.
The majority of analysts providing recommendations for Wal-Mart Stores (WMT) stock have maintained a neutral stance.
Wal-Mart Stores’ (WMT) US segment, which accounts for the majority of its sales and profits, is seeing improved sales trends.
Wall Street analysts expect Wal-Mart Stores (WMT) to post sales of $122.9 billion in fiscal 2Q18, which would be 1.7% higher than in fiscal 2Q17.
Wall Street analysts expect Walmart’s (WMT) fiscal 2Q18 adjusted earnings per share to remain flat at $1.07 on a year-over-year basis.
After Monster Beverage (MNST) released its 2Q17 results on August 8, 2017, many analysts revised their price targets for the stock.
Monster Beverage (MNST) stock fell 1.1% to $52.03 on August 9, 2017, in reaction to the company’s 2Q17 results.
Monster Beverage (MNST) delivered better gross margins and operating margins in 2Q17. Its gross margin expanded to 64.3% in 2Q17 from 62.6% in 2Q16.
Monster Beverage (MNST) generated sales of $907.1 million in 2Q17. That reflected a 9.6% sales growth on a year-over basis.
Leading energy drink maker Monster Beverage (MNST) reported its 2Q17 results on August 8, 2017. Adjusted EPS was $0.39 against the consensus analyst estimate of $0.40.
Most analysts covering Target stock (TGT) expect to maintain a neutral outlook, as the company’s strategic initiatives to drive balanced top-line and bottom-line growth are expected to take time.
Analysts expect Target (TGT) to post sales of $16.3 billion in fiscal 2Q17, reflecting an increase of 0.5% year-over-year.
Higher business investments to enhance Target’s digital arm and increased price investments could take a toll on its fiscal 2Q17 margins despite modest sales improvement.
Target’s management recently updated its fiscal 2Q17 guidance and stated that it now expects its adjusted EPS to stand at the high end of its projected range of $0.95–$1.15.
Target (TGT) plans to announce its fiscal 2Q17 sales and earnings results on August 16. TGT’s management noted that its comps could show modest improvement year-over-year.
The majority of analysts providing recommendations on Tyson Foods’ (TSN) stock maintain a positive outlook after the fiscal 3Q17 earnings results.
Tyson Foods’ (TSN) margins declined on a YoY (year-over-year) basis despite generating improved volumes and higher average selling prices.
Tyson Foods’ (TSN) fiscal 3Q17 sales of $9.9 billion beat the Wall Street consensus of $9.5 and rose 4.8% YoY (year-over-year), reflecting volume growth across all segments and higher pricing.