U.S. Retail Stocks On Radar
WALMART (NYSE:WMT):
For the quarter, the company confirmed it is still on track to generate $75 billion in digital sales for the year.
TARGET (NYSE:TGT):
Two analysts have already raised their price target for TGT stock over 10% higher than the current consensus estimate of around $250.
LOWE’S (NYSE:LOW):
Investors will want to pay close attention to what the analyst community has to say about Lowe’s results with Credit Suisse raising its price target to $220 from $208.
COSTCO (NASDAQ:COST):
July net sales results of $176.3 billion, a 17.8% year-over-year increase from 2020 when consumers were keeping their pantries stocked while company stock is approaching its 52-week high which is also its all-time high!
TJX COMPANIES (NYSE:TJX):
Adjusted earnings per share came in at 79 cents which is a 27% increase from the same quarter in 2019. Five analysts have boosted their price target for TJX stock.
FOOT LOCKER (NYSE:FL):
Foot Locker is benefiting from the strong demand that started as people began to prioritize fitness during the pandemic. FL stock has climbed 94% in the last 12 months and look for an upside of over 12% from current levels.
KOHL’S (NYSE:KSS)
The company reported adjusted earnings of $2.48 per share. That more than doubled the consensus forecast of $1.21 per share. Revenue was also up 38.5% from the prior quarter at $4.45 billion.
The report is from Marketbeat which tracks approximately 250,000 ratings each year and tracks more than 15,000 securities around the globe that pay dividends each month or quarter.