Saturday, April 13, 2019
Target (TGT) and J.C. Penny (JCP) Research Essay Example for Free
buttocks (TGT) and J.C. Penny (JCP) Research EssayOver the next couple of months, I volition be conducting research on Target (TGT) and J.C. Penny (JCP). The reason for this is so that I may give my insight on which company I feel will be the most worthy ane for Celash, Byrne Moovon (CBM). Using detailed financial statements on file with the Securities and Exchange Commission as well as data avail adequate on each of the companies mesh sites, Foundations of pecuniary Management With Time look on of Money, course book, Interpretation of Financial Statements, and The Value Line Investment Survey, make a recommendation as to which of the two is the most desirable acquisition and at what price. gild ProfilesTarget has1,797 stores in the United States124 stores in Canada37 distribution centers361,000 team members worldwideonline business at target.comglobal locations in India and CanadaAs a publicly-owned, U.S.-based company, Target has a global presence with a headquarters location in India and sourcing offices around the world. In addition, the company operates a credit card segment that offers branded proprietary credit card products and rewards programs. (Corporate Information)1) OverviewCompany Overview Headquarters Minneapolis NYSE Trade Symbol TGT 2012 taxation $73,301MillionNumber of Stores 1,755 Number of Associates 350,000 To link to view Targets 2012 10k yearly report ishttps//corporate.target.com/_media/TargetCorp/annualreports/content/download/pdf/Annual-Report.pdf?ext=.pdf . On the report you will be able to see the growth in revenue that Target has obtained within the past 5 years. Below is a copy of the graph.The annual book value per sh be from 2008-2012 are as followsThe current annual ratios as well as the past years are as followsThe profit margin on gross sales from 2008-2012 for Target are as followsJ.C. PennyJ. C. Penney (JCP) is one of the nations major clothing and home furnishing retailers. The company is experiencing a revival towards becoming Americas preferred retail destination for unmatched style, quality and value. Across 1,100 stores and at their web site jcp.com, customers will discover an inspirational shopping environment that features the most sought after collections of private, discipline and exclusive brands and attractions.(4) To be Americas shopping destination for discovering great styles at compelling prices is the mass of J.C. Penny.The goals of the company include To win with their* Customers Build deeper, more enduring customer relationships * Associates Increase associate exercise and retention * Shareholders Deliver industry-leading financial performanceCompany Overview Headquarters Plano, TX NYSE Trade Symbol JCP 2012 Revenue 17.26billion Number of Stores 1,108 Number of Associates 150,000 To link to view J.C. Penny 2012 10k annual report is http//www.sec.gov/Archives/edgar/data/1166126/000116612613000016/jcp-20130202x10k.htmThe annual book value per share from 2008-2012 are as followsThe current annual ratios as well as the past years are as followsThe profit margin on sales from 2008-2012 for J.C. Penny are as follows200820092010201120125.59%3.09%1.43%2.19%-0.88%Here you can also follow this link, http//target.knoji.com/compare-vs/jcpenney/ , to see a comparison chart surrounded by target and J.C. Penny.Both Target and J.C. Pennies have similar goals. Throughout the next couple of months I will research these two companies to provide evidence on which company will be the best one to go with.REFERENCES PAGE1.Stanley B. Block, Geoffrey A. Hirt and Bartley R. Danielson (2011), Foundations of Financial Management With Time Value of Money, McGraw-Hill Irwin, 14th edition. 2.Benjamin Graham and Spencer Meredith. (1998). Interpretation of Financial Statements, Harper Business. 3.http//pressroom.target.com/corporate4.http//www.jcpenney.net/about-us.aspx5.http//www.wikinvest.com/stock/Target_(TGT)/Data/Book_Value_Per_Share/2008 6.http//www.wiki nvest.com/stock/Target_(TGT)/Data/Current_Ratio 7.http//www.wikinvest.com/stock/Target_(TGT)/Data/Net_Margin/2008?ref=chart 8.http//www.wikinvest.com/stock/J.C._Penney_(JCP)/Data/Book_Value_Per_Share 9.http//www.wikinvest.com/stock/J.C._Penney_(JCP)/Data/Current_Ratio 10.http//financials.morningstar.com/ratios/r.html?t=JCP
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