Monday, June 8, 2009

Target's Mascot "Bullseye"

Bullseye is a Minature Bull Terrier and trademark of the Target Brands, a subsidiary of Target Corporation. It has a pure white coat, and has Target Corporation's bullseye logo painted around its left eye. It is featured in Target's commercial campaigns and in store sale signing and is used in various marketing campaigns. Target also offers the dog as a stuffed toy for special events or employee recognition. The original Target dog was American Kennel Club CH Kingsmere Moondoggie, affectionately known as "Smudgie".

Friday, June 5, 2009

Key Financial Ratios

These ratios are simply a snapshot comparison to competitors. They do not show trends.

Profitability:
ROA Target: 4.9 Walmart: 8.34 Industry Avg. 1.87
ROE: Target: 14.99 Walmart: 21.13 Industry Avg. 4.67
Notes: Target's returns on assets and equity are well above the industry average and well below their top competitor.

Leverage:
LT Debt to Equity Target: 124.05 Walmart: 57.31 Industry: 90.27
Target is carrying a fair amount of debt in relationship to it's equity - well above the industry average and 2 times the amount of Walmart.

Liquidity:
Quick Ratio Target: 1.03 Walmart: 0.24 Industry Avg. 0.60
Current Ratio Target: 1.71 Walmart: 0.85 Industry Avg. 1.36

Target is liquid and carries a margin of safety above the industry average.

Current Stock Price
As of 4 Jun 2009 $40.95 USD
Price Change -0.02 Percent Change -0.05%

Thursday, June 4, 2009

You Tube Video on Target


I found a nice video on You Tube from Markets.com with an overview on Target Corporation from 2008. Click the following link to view the video:



Wednesday, June 3, 2009

Today's News: Partnership with DailyCandy

Today's News on Target: Partnership with DailyCandy

"Target Corp" is partnering with an online media company to spruce up a section of the retail giant’s Web site.
Target.com’s Red Hot Shop area this month started featuring products selected by editors at DailyCandy, the women’s fashion and lifestyle Web site owned by Philadelphia-based cable television giant Comcast Corp.
There is also artwork and editorial content from the DailyCandy team, publishes an e-mail newsletter that's distributed to an estimated 2.5 million subscribers, mostly female, in a dozen markets. It circulates heavily among the fashion-conscious set, making it a likely partner with Target, which has long emphasized its style and partnerships with well-known designers.
Under a deal struck with DailyCandy last year, the media site is leveraging its relationships with up-and-coming designers to create products exclusively for the Red Hot Shop. It also builds on a larger advertising deal in which Target is paying to advertise with DailyCandy.

Taken from http://www.bizjournals.com/twincities/stories/2009/06/01/daily30.html?jst=b_ln_hl

Current Stock Price
$40.97 USD
Price Change -0.31 Percent Change -0.75%

Tuesday, June 2, 2009

Target's Mission Statement

Target's Mission Statement, taken from the company website, is as follows:

Our mission is to make Target the preferred shopping destination for our guests by delivering outstanding value, continuous innovation and an exceptional guest experience by consistently fulfilling our Expect More. Pay Less.® brand promise.
To support our mission, we are guided by our commitments to great value, the community, diversity and the environment.

For more information on Target's core values, visit the company site:
http://sites.target.com/site/en/company/page.jsp?contentId=WCMP04-030795

Today's stock price:
As of 1 Jun 2009: $41.67 USD
Price Change +2.37; Percent Change +6.03%

Monday, June 1, 2009

Target's Stock Price

Today we will begin following Target Corporation's Stock price on the NYSE. I will make a short entry each weekday for the next 3 weeks tracking the stock's trends.

As of 29 May 2009 stock is selling for $39.30USD
Price Change from last week was+0.16, which is a Percent Change of +0.41%

In a 4-week period, stock is down -5.14%
In a 13 week period, stock is up +40.69%
In a 52 week period, stock is down -25.19%
YTD, Target stock is up +13.35%

Analysts predict that Target stock will outperform the industry average this year, making Target stock a good stock to hold.

Friday, May 29, 2009

Target History

Target Corporation opened in 1902 in Minneapolis, Minnesota by George Dayton. It was then called the Dayton Dry Goods Company and evolved into the Dayton Company.

In 1962, the first Target store opened in Roseville, Minnesota. Target was a new concept for the company, focusing on the discount merchandising market.

In the early 70's, the store experienced a difficult period. Due to executive's lack of experience in the discount market and poor inventory management, the company experienced losses. The company considered selling Target until Stephen Pistner was named the new CEO. He is credited with the turnaround of the company. By 1975, Target became the company's top revenue producer.

From 1982 - 2000, the company expanded locations throughout the U.S., adding Target Greatlands, Super Targets and Target.com to its offerings. In 2000, the company changed its name from Dayton Hudson to Target Corporation.

Today it is the 5th largest retailer of discount goods in the U.S.

Information taken from http://en.wikipedia.org/wiki/Target_Corporation