Lockheed Martin had a rough quarter, missing sales and EPS estimates, with significant unplanned charges impacting earnings, particularly in classified programs. Despite the poor Q4 results, Lockheed Martin is still a buy with a revised price target of $565, offering a 24% upside. The company guides for mid-single digit growth in 2025, but EPS guidance falls short of analyst expectations, highlighting execution risks in classified programs.
Target (TGT) closed at $141.06 in the latest trading session, marking a -1.01% move from the prior day.
Target's decision to scale back its DEI programs is being met with backlash from the LGBTQ+ community on the Minneapolis-headquartered retailer's home turf.
Target experienced a significant Q3 earnings miss, dropping 45¢ per share below analyst estimates, leading to a notable stock price decline. Despite Q3 setbacks, Target's Q4 performance showed strong holiday sales, driven by record Black Friday/Cyber Monday sales and a 9% increase in digital sales. Target's current valuation offers a lower P/E ratio and improved dividend yield, making it an attractive buy despite risks like potential tariffs and declining margins.
Did you know retail chain Target (TGT 0.47%) is a Dividend King? That's right -- it has raised its dividend annually for the past 53 years, putting it in an elite group of dividend stocks that are reliable for passive income under almost any circumstances.
At first glance, Target (TGT 0.47%) does not appear to have much of a buy case. The retailer managed to increase foot traffic by 2% over the holidays.
Target said that it was ending its diversity, equity and inclusion goals as it tries to align itself with an “evolving external landscape.”
Target is rolling back its diversity, equity and inclusion programs, joining major companies like Walmart, Meta and McDonald's. In a memo sent to its employees, Target it will end its three-year DEI goals, stop reports to external groups like the Human Rights Campaign's Corporate Equality Index and end a program focused on carrying more products from Black- or minority-owned businesses.
The holiday season is a critical period for retailers, often determining their financial success for the year. Target Corporation TGT, a retail giant known for its diverse offerings and competitive pricing, recently unveiled its holiday sales results.
Target (TGT) closed the most recent trading day at $135.77, moving -1.14% from the previous trading session.
Investors with an interest in Retail - Discount Stores stocks have likely encountered both Target (TGT) and Ross Stores (ROST). But which of these two stocks presents investors with the better value opportunity right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.