Target Corp (TGT) – Automation to improve operational efficiency and guest experience

Target Corp (TGT) (Q1FY24)

Introduction

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.

It also provides dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, and food service; electronics, which includes video game hardware and software, toys, entertainment, sporting goods, and luggage; and furniture, lighting, storage, kitchenware, small appliances, home décor, bed and bath, home improvement, school/office supplies, greeting cards and party supplies, and other seasonal merchandise. In addition, the company sells merchandise through periodic design and creative partnerships, and shop-in-shop experience; and in-store amenities. Further, it sells its products through its stores; and digital channels, including Target.com.

Highlights

Target Corp is facing significant challenges due to inventory shrinkage, which has been worsening since last year. Inventory shrink can result from various factors like theft and organized retail crime. These issues not only impact the company and its team but also affect the shopping experience for guests and other retailers.

Stock performance

Target Corp stock gave returns of -17% and -14.5% in the period of three months and one year. The stock has a 52-week high of $183.89 and a 52-week low of $125.08.

Target Corp stock gave returns of 12.4% and CAGR of 4% over a period of three years. The stock had a 200-Day Moving Average of $154.98 and a 50-Day Moving Average of $137.88.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– Key Metrics
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 33

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