Financebotresearch desk研究台

Evergreen Compounders长期复利公司

Target Corporation

TGT 5.5

Discount Stores · 67.3B market cap · site

Price and target zones价格与目标区间

$144.20
$100–118 entry买入52wk52周 $83–$150-4% off the high距高点

What the company does公司做什么

Target is a large US retailer. It sells clothing, home goods, groceries, beauty, and household basics through about 1,900 stores and its website. Its own brands and same-day pickup are what set it apart from rivals.Target 是一家美国大型零售商。它通过约 1,900 家门店和网站销售服装、家居用品、食品杂货、美妆和家庭日用品。它的自有品牌和当天取货是让它区别于对手的地方。

Earns from营收来源 merchandise sales, plus a fast-growing advertising business and its credit-card partnership.商品销售,再加上一项快速增长的广告业务和它的信用卡合作。

Read the full description查看完整介绍

Target Corporation operates as a general merchandise retailer in the United States. It offers apparel for women, men, young adults, kids, toddlers, and babies, as well as jewelry, accessories, and shoes; and beauty products, such as skin and bath care, cosmetics, hair care, oral care, deodorant, and shaving products. The company also provides food and beverage products comprising dry and perishable grocery, including snacks, candy, beverages, deli, bakery, meat, produce, and food service; electronics which includes video games and consoles, toys, sporting goods, entertainment, and luggage; bed and bath, home décor, school/office supplies, storage, small appliances, kitchenware, greeting cards, party supplies, furniture, lighting, home improvement, and seasonal merchandise; and household essentials, such as household cleaning, paper products, over-the-counter healthcare, vitamins and supplements, baby gear, and pet supplies. In addition, it sells merchandise through periodic design and creative partnerships, and shop-in-shop experience; and in-store amenities. The company sells its products through its stores; and digital channels, including Target.com. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.

What the company sells公司卖什么

Plus:此外: Food and Beverage食品和饮料 (24%) — Groceries. FY2025 sales were $24.1 billion食品杂货。2025财年销售额为$24.1 billion; Household Essentials家庭必需品 (18%) — Cleaning, paper, and health products清洁用品、纸品和健康类产品; Hardlines耐用品 (15%) — Electronics, toys, and sporting goods电子产品、玩具和体育用品; Apparel and Accessories服装和配饰 (15%) — Clothing and accessories衣服和配饰; Home Furnishings and Décor家居用品和装饰 (15%) — Furniture and home goods家具和家居用品; Beauty美妆 (13%) — Cosmetics and personal care化妆品和个人护理用品.

Company facts公司资料

Founded成立时间
1902
Headquarters总部
Minneapolis, Minnesota
Employees员工人数
415,000
Industry行业
Discount Stores
Country国家
United States

Investment thesis投资逻辑 from the watchlist来自关注列表

📋 Good-not-great, fairly-to-fully priced after +32% YTD. Dividend King (~55yr) but smallest hike in 55 years (+1.8%). Narrow, eroding moat; ROIC 12.4%→10.9%. Real early turnaround (Q1 traffic +4.4%, comps +5.6%). Entry $100-118. Trim >$150. Break: H2 comps negative, op margin fails toward 6%, or div growth <2%. A2026-07-23

📋 优秀但非卓越,在年初至今 +32% 后估值从合理到充分。股息之王(约 55 年)但55 年来最小的一次上调(+1.8%)。狭窄且正在侵蚀的护城河;ROIC 12.4%→10.9%。真实的早期转机(Q1 客流 +4.4%,同店销售 +5.6%)。入场 $100-118。$150 以上减仓。

Historical results历史业绩 past fiscal years — these values do not change过去财年——这些数值不会变动

Profit margins利润率 the share of revenue that stays as profit营收中留存为利润的比例

Gross profit毛利润
28%
Operating profit营业利润
5%
Net profit净利润
3%

of every $1 of revenue每 $1 营收中的占比

Return on equity净资产收益率
22%
Revenue growth营收增长
+7%
Dividend yield股息率
3.21%

Competitors竞争对手

WalmartAmazonCostco

Why customers stay客户为什么留下

A store within about ten miles of most Americans, 11 owned brands each over $1 billion in sales, and a same-day pickup and delivery network that is hard to copy. The weakness: the moat is narrow and pressured — Target leans more on discretionary goods (apparel, home) than grocery-heavy Walmart, so it suffers more when shoppers pull back, and sales fell in FY2025.大多数美国人方圆约十英里内就有一家门店,11 个各自年销售额超过 $1 billion 的自有品牌,以及一套难以复制的当天取货和配送网络。短板:这条护城河又窄又承压——Target 比以食品杂货为主的 Walmart 更依赖非必需商品(服装、家居),所以消费者收紧开支时它受创更重,2025财年销售额下降了。

Recent news近期新闻 last 7 days近7天

Sources来源