If you had invested: $1,000.00💵
Into TGT on 2023-04-26 📅
You would have made:
$-136.00 🤑
Your Annual Rate of Return would be: -13.6% 📈
Total Increase: -13.6%📈
With that much money you could have bought:
-0.0181 Rolex watches
Summary
Target Corporation (TGT) is an American retail corporation that operates a chain of department stores and discount stores. The company was founded in 1902 as Goodfellow Dry Goods, and was later renamed to the Dayton's Dry Goods Company in 1903. It was rebranded as the Dayton Company in 1910, and the company opened its first store under the Target name in 1962. Target has since become one of the largest retailers in the United States, with over 1,800 stores nationwide.
In terms of market offerings, Target is known for its wide range of products, including clothing, home goods, furniture, electronics, and groceries. The company also offers a variety of services, such as a pharmacy, a credit card, and a loyalty program called "REDcard." In recent years, Target has made a push into e-commerce, and now operates an online shopping platform that allows customers to purchase items online and have them shipped to their homes or pick them up in-store.
In the latest quarterly results, Target reported net sales of $22.63 billion, a 13.1% increase compared to the same period the previous year. The company's comparable sales, which measure sales at stores that have been open for at least one year, also increased by 13.1%. Target's earnings per share for the quarter were $3.69, a significant increase from the $0.71 reported in the same period the previous year. The company attributed the strong performance to strong demand for home and personal care products, as well as a successful holiday season.
Overall, Target has a strong reputation as a reliable and convenient shopping destination for a wide range of products. The company's focus on e-commerce and customer service has helped it to adapt to changes in the retail landscape and remain competitive in the face of increasing competition from online retailers.
Background
Target Corporation, one of the hottest companies on the stock market, located at 1000 nicollet mall, minneapolis, mn, us specializes in the retail-variety stores industry. It is currently listed on the exchange NYSE in the country USA.
The company's last annual earnings report on 2022-10-31 showed that it had reached a market capitalization of 74,967,580,000 dollars.
If someone had invested $100 in Target Corporation 10 years ago, their investment would be worth roughly $177.56 today, according to If You Had Invested
If you had invested...
A companies stock price is a reflection of the company's performance and for TGT, its stock has been terrible. If you had invested $1,000 in Target Corporation 1 year ago and held onto your investment until today (in other words, if you didn't sell any shares), here's what would have happened:
Your investment would now be worth roughly $864.0 today.
Financials
If you are looking for a company with a high dividend yield then Target Corporation has a dividend yield of 0.0267 making it a good dividend company to invest in. If you are going to buy some TGT stock for dividends make sure you buy before 2022-11-15
In terms of growth Target Corporation has had a turn for the worst with a Quarterly Earnings growth rate of -0.493. At the same time revenue growth has been to the moon with a rate of 0.034.
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