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Time to Buy the Dip in Target's (TGT) Stock After Q1 Earnings?
塔吉特塔吉特(US:TGT) zacks.com·2024-05-24 08:46

Despite rising +2% in today’s trading session, Target’s (TGT)  stock is still down -7% since reporting mixed Q1 results on Wednesday.With that being said, let’s see if it’s time to buy stock in the omnichannel retailer for a rebound from its current levels.Q1 Financial Review Target’s Q1 EPS came in at 2.03whichmissedtheZacksConsensusof2.03 which missed the Zacks Consensus of 2.05 per share by -1%. This is despite Q1 sales of 24.53billionslightlybeatingestimatesof24.53 billion slightly beating estimates of 24.51 billion.Year over year, Q1 earnings dipped -1% while sales fel ...