Hewlett Packard Enterprise (HPE), a US-based (SPY) technology company, is set to announce its 2Q17 results on May 22, 2017.
On May 11, 2017, Target was trading at a 12-month forward PE (price-to-earnings multiple) of 13.6x. The company’s current valuation is significantly lower than that of the S&P 500 Index.
Target’s strong digital sales growth is expected to be more than offset by a fall in store sales. Increased competition is also likely to take a toll on the company’s top line.
Target’s (TGT) margins contracted in 4Q16 as the benefits from its divestiture of its pharmacy business and its improved merchandise mix were more than offset.
Target (TGT) has been witnessing sluggish sales. The company marked its fifth consecutive quarter of falling sales in 1Q17 as its store traffic fell, hurting its comps growth.
Target is scheduled to report its 1Q17 results on May 17, 2017. Analysts expect the company to post adjusted EPS (earnings per share) of $0.92, a year-over-year fall of 28.7% compared to 1Q16.
As of May 10, TJX Companies (TJX) was trading at a 12-month forward PE (price-to-earnings) ratio of 20.7x.
TJX Companies (TJX) exceeded analysts’ earnings expectations in all the quarters of fiscal 2016 and fiscal 2017.
In fiscal 4Q17, which ended on January 28, 2017, TJX Companies’ gross margin declined by 40 basis points on a year-over-year basis to 28.3%.
Leading off-price retailer TJX Companies (TJX) has been performing better than department stores over the past several quarters.
TJX Companies (TJX) is scheduled to announce its fiscal 1Q18 results on May 16. Fiscal 1Q18 ended on April 29, 2017.
As of May 10, 2017, analysts are expecting the company’s stock price to reach $159.21 in the next 12 months, which represents a return potential of 0.7%.
For 1Q17, analysts are expecting Home Depot (HD) to post EPS (earnings per share) of $1.61, which would represent a growth of 11.8% from $1.44 in 1Q16.
As of May 10, 2017, Home Depot was trading at 21.2x, as compared to 19.9x before the announcement of its 4Q16 earnings.
Analysts are expecting Home Depot (HD) to post revenue of $23.7 billion in 1Q17, which would represent a growth of 4.1% from $22.8 billion in 1Q16.
For 1Q17, analysts are expecting Home Depot (HD) to a post gross margin, EBITDA margin, and net margin of 34.1%, 15.9%, and 8.2%, respectively.
In IP Networking, Brocade competes with network infrastructure giants Cisco Systems (CSCO), Hewlett Packard Enterprise (HPE), and China’s (FXI) Huawei.
In fiscal 1Q17, Brocade’s SAN business accounted for 53% of total revenue, as compared to 46% of revenue in fiscal 4Q16 and 61% of revenue in fiscal 1Q16.
Analysts estimate that Brocade will post revenues of ~$587.2 million, with a low estimate of ~$535.4 million and a high estimate of ~$639.6 million.
Of the 35 analysts covering Snap (SNAP), 12 gave it “buy” recommendations, 16 gave it “hold” recommendations, and seven analysts gave “sell” recommendations.