Target Financial Analysis Essay

Over the next couple of months, I will 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 desirable one for Celash, Byrne & Moovon (CB&M). . Using detailed financial statements on file with the Securities and Exchange Commission as well as data available on each of the companies web sites, Foundations of Financial Management With Time Value 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. Company Profiles
Target has:
• 1,797 stores in the United States
• 124 stores in Canada
• 37 distribution centers
•
In addition, the company operates a credit card segment that offers branded proprietary credit card products and rewards programs. (Corporate Information)

1) Overview: Company Overview | | Headquarters: | Minneapolis | NYSE Trade Symbol: | TGT | 2012 Revenue: $73,301Million| Number of Stores: | 1,755 | Number of Associates: | 350,000 |
To link to view Target’s 2012 10k annual report is: https://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 chart.

The annual book value per share from 2008-2012 are as follows:

The current annual ratios as well as the past years are as follows: The profit margin on sales from 2008-2012 for Target are as follows:

J.C.