On Wednesday, Baird upgraded Target (TGT) to “outperform” from “neutral” and raised its price target by approximately 13% to $85 per share.
About 48% of the 33 analysts covering Walmart stock have recommended a “buy” for the stock, and 52% have recommended a “hold.”
Three of the nation’s largest mass merchandisers—Walmart (WMT), Costco (COST), and Target (TGT)—continue to invest in price to drive store traffic.
Walmart (WMT) expects its e-commerce business to generate sales of $11.5 billion in fiscal 2018.
Walmart’s (WMT) focus on strengthening its e-commerce business and increasing store traffic has helped it report improved sales over the past several quarters.
Analysts expect Walmart to report adjusted EPS of $1.37, a 5.4% rise YoY. It has improved its earnings in the first three quarters of the current fiscal year.
Walmart (WMT) is set to report its fiscal 4Q18 results on February 20, 2018. Analysts expect its top and bottom lines to improve.
A majority (52%) of the 27 analysts covering Coca-Cola (KO) stock have given it a “buy” rating as of February 12, 2018.
Coca-Cola’s (KO) forward valuation multiple has declined 6.3% since the announcement of its 3Q17 results in October 2017.
Coca-Cola (KO) has surpassed analysts’ earnings expectations in nine of the past 11 quarters.
Coca-Cola’s (KO) revenue of $9.1 billion in 3Q17 surpassed analysts’ estimate of $8.7 billion. However, it was the tenth consecutive quarter of decline.
Coca-Cola (KO) is set to announce its 4Q17 results on February 16, 2018. The soda giant’s stock has fallen 4.2% YTD as of February 12, 2018.
As of February 9, 2018, Flowers Foods (FLO) was trading at a 12-month forward PE (price to earnings) multiple of 19.5x.
Flowers Foods (FLO) reported a fiscal 4Q17 gross margin of 47.7%, which fell 40 basis points from fiscal 4Q16.
At the 4Q17 earnings conference call, CEO Allen Shiver said that the company is focusing on enhancing its share in underpenetrated markets, improving the weak-performing snack business, innovation, and acquisitions.
Driven by strong demand for Dave’s Killer Bread, Flowers Foods (FLO) reported fiscal 4Q17 sales of $873.6, which easily beat the analysts’ estimate of $861 million.
Flowers Foods (FLO) reported fiscal 4Q17 results on February 7, 2018.
Flowers Foods’ (FLO) adjusted EPS (earnings per share) of $0.17 and sales of $873.6 million in fiscal 4Q17 easily topped the analysts’ estimate of $0.15 and $861 million, respectively.
Of the analysts covering J.M. Smucker stock, 59% recommend a “hold,” 23% suggest a “buy,” and 18% recommend a “sell” rating.
J.M. Smucker’s (SJM) profit margins are expected to remain low on a YoY (year-over-year) basis.