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64IPad and invested everything in $TGT (-0.48%) invested
Liquidity ratios:
Debt:
Valuation ratios:
- PE Ratio: 16.11 (trailing) and 15.62 (forward).
- PEG ratio: 1.40.
- EV/EBITDA ratio: 9.40.
Profitability:
- Gross margin: 28.42%.
- Operating margin: 5.89%.
Dividend yield:
What do you think of $TGT (-0.48%) ? I was recently in the USA and found the articles very interesting and above all there was a lot going on, I know it has less to do with the share but what do you think?
The last dividend of $PEP (+1.38%) for the 3rd quarter is also in the vault. Final spurt 2024 can begin.
After my dividends in Q2 (net -9.7%) were somewhat more meagre (reallocations, cuts, postponement to other months), the books show a plus of 37.4% for Q3. I have therefore almost reached the full result for 2023.
My portfolio rocket of the last week is $2318 (-5.78%) (PingAn), my only China investment. My purchase price has not quite been reached again, dividends continue to flow nicely and I remain optimistic.
Building up cash is proving difficult. $NESN (-0.22%)
$TGT (-0.48%) and $MC (-2.6%) were too tempting after all. Let's see what the last few months bring.
Attached is a screenshot of my good old Excel (Numbers) spreadsheet ... from a time before getquin when people still read newspapers 🤓
Something has happened in my portfolio again 🥳 First purchase $TGT (-0.48%) Will continue to run with 150$ per month in the savings plan.
I'm currently on a tour of Germany. A tidy EDEKA is already great 😉
$TGT (-0.48%) | Target Q2'24 Earnings Highlights:
🔹 EPS: $2.57 (Est. $2.19) 🟢; UP +42.8% YoY
🔹 Revenue: $25.45B (Est. $25.2B) 🟢; UP +2.7% YoY
🔹 Comp Sales: +2.0% (Est. +1.07%) 🟢
Raised FY'25 Guidance:
🔸 EPS: $9.00-$9.70 (Est. $9.28; Prior: $8.6 - $9.6) 🟢
🔸 Comparable Sales: Expected in the lower half of 0% to +2% growth
Q3 Outlook:
🔸 EPS: $2.10-$2.40 (Est. $2.24) 🟡
🔸 Comparable Sales: 0% to +2% (Est. +1.91%) 🟡
Other Q2 Metrics:
🔹 Net Income: $1.19B, UP +43% YoY
🔹 Operating Income: $1.64B (Est. $1.38B) 🟢; UP +37% YoY
🔹 Operating Income Margin Rate: 6.4% (Est. 5.46%) 🟢; UP from 4.8% YoY
🔹 Gross Margin: 28.9% (Est. 28%) 🟢; UP from 27.0% YoY
🔹 SG&A Expenses: $5.39B (Est. $5.35B) 🟡; UP +4% YoY
🔹 EBITDA: $2.40B (Est. $2.06B) 🟢; UP +26% YoY
🔹 Interest Expense: $110M, DOWN from $141M YoY
Sales and Customer Metrics:
🔹 Comparable Sales: +2.0% (Est. +1.07%) 🟢
🔹 Store Comparable Sales: +0.7% (Est. +0.67%) 🟢
🔹 Digital Comparable Sales: +8.7% (Est. +3.2%) 🟢
🔹 Customer Transactions: +3% YoY
🔹 Average Transaction Amount: -0.9% YoY (Est. -1.29%) 🟡
Discretionary Categories:
🔹 Apparel Comparable Sales: +3% YoY
🔸 Improving trends noted, supported by price adjustments and new product offerings.
🔸 Continued strength observed in Beauty and other nonfood items.
Digital and Same-Day Services:
🔹 Digital Sales as Share of Total Sales: 17.9%, UP from 16.9% YoY
🔹 Same-Day Services: Saw double-digit growth, led by low teens growth in Drive Up and Target Circle 360™ same-day delivery.
Capital Deployment:
🔹 Dividends Paid: $509M, UP from $499M YoY
🔹 Shares Repurchased: $155M, retiring 1.1M shares at an average price of $145.94
🔹 Return on Invested Capital (ROIC): 16.6%, UP from 13.7% YoY
$TGT (-0.48%) - Target Q2 Earnings Highlights:
Raised FY'25 Guidance:
Q3 Outlook:
☀️Guten Morning Investors!
🇺🇸🇺🇸 Important events this week:
1st FOMC Member Waller Speech - Monday
2. Palo Alto Networks $PANW (+1.75%) Earnings - Monday
3. Target $TGT (-0.48%) Earnings - Wednesday
4th Fed FOMC Minutes - Wednesday
5. initial jobless claims - Thursday
6. services / manufacturing PMI - Thursday
7 Existing Home Sales - Thursday
8th Fed Chair Powell Speech - Friday
9th New Home Sales - Friday
most important this week, @DonkeyInvestor has a birthday 🥳
Hello everyone, I've been investing for about 2 months my goal with this portfolio (taxable account) is to focus on 4-6 companies that I believe they have:
Focusing in 4-6 companies would allow me to build a good position and once my portfolio gets to 8-10k I will add couple more stocks. I am also considering adding a ETF for a core position in this portfolio, I also have a ROTH IRA that it mainly consist of $SCHD & $SCHG .
For my 4 stock at the moment I have picked the following
1.- VISA INC -> $V (+1.22%)
This is amazing company, incredibly strong balance sheet with high return. I know $MA (+0.88%) could be a problem later on but I honestly don't see $V (+1.22%) going away anytime soon.
2.- SalesForce -> $CRM (+4.64%)
The leading crm business in the US, most companies I know use this amazing software.
3.- Boston Scientific -> $BSX (+2.8%)
Boston Scientific is a Medical Device Company in the past years they have growth at a good rate, currently with their new product in the Electrophysiology world dealing with Afib their holy grail product FaraPulse position themselves at the top. I believe with this technology and the introduction of other products they will grow more.
4.- Ulta Beauty -> $ULTA (-1.32%)
Makeup, while looking for a company that is more consumer oriented, I came across $ULTA (-1.32%) when dealing with consumer companies the worry is always that they are cyclical business and if we experience a period where the economy takes a hit people will cut the extra expenses. But let's be honest Girls want to look pretty. Every $TGT (-0.48%) has a $ULTA (-1.32%) inside this increases their exposure and with the expansion of ULTA outside of the US I believe they can experience a good growth.
Going forward I am planning to add $AMZN (-0.02%) if their stock continues to drop. I Don't have a focus on dividends at the moments but I don't mind having a good stock that pays one.
I am looking forward to your feedback, any suggestions thoughts would be greatly appreciated.
$ULTA (-1.32%) - Ulta Beauty brief introduction
Why am I convinced of the company and invested ?
Ulta Beauty is the leading cosmetics retailer in America and plans to expand to the rest of the world.
This dominant position proves that their products not only work, but are also favored by their target audience.
Biggest competitor: Sephora - $MC (-2.6%)
(Further $AMZN (-0.02%) , $TGT (-0.48%) , $WMT (+1.81%) )
Ulta Beauty is continuously expanding its product offering with exclusive and new brands that appeal to a diverse customer demographic and drive sales growth.
They will continue to do so in the Americas to increase sales in existing stores.
Ulta has a growing rewards program called Ultamate Rewards that has millions of members and continues to grow rapidly.
This will continue and strengthen customer loyalty in the Ulta ecosystem.
Ulta Beauty's strong omnichannel presence, combining e-commerce and physical stores, allows the company to meet the needs of its customers wherever they shop.
This increases overall sales and customer satisfaction as customers can visit Ulta online or in person.
Ulta can grow organically through volume and average price, but is also expanding internationally.
In 2025, they want to expand into Latin America and join forces with Grupo Axo. Grupo Axo is something like the "Target" (retailer and second largest discounter in the USA) of Latin America.
Ulta is investing heavily in technology and innovation, from beauty apps with augmented reality (AR) to AI-driven personalized recommendations that improve the customer experience and operational efficiency.
This also enables consumers to shop online with AR beauty apps.
Shares - Buybacks:
Ulta will buy back shares en masse at these reduced prices. This will increase the value per share and all of the company's per share metrics.
They are set to buy back 5%+ of their market capitalization annually.
The beauty/cosmetics industry continues to grow and Ulta Beauty
is well positioned to capitalize on this trend through strategic store expansions and improvements to its digital capabilities.
As the dominant player, Ulta stands to benefit the most from this growth.
Other key figures:
ROIC: 24.32% 5 years (return on invested capital)
Return on equity: 45.58 % 5 years
Gross margin: 42.74
Net margin: 12%
FCF margin: 8.09 % (free cash flow margin)
Sales growth 10 years: 14.96
FCF growth 10 years: 21.01 %
+ 6
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