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Target (TGT)
NYSE:TGT
Target (TGT) Stock Price & Analysis
9,337 Followers
TGT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$100.43 - $180.62
Previous Close$144.41
Volume3.55M
Average Volume (3M)4.12M
Market Cap
$66.81B
Enterprise Value$82.32B
Total Cash (Recent Filing)$3.81B
Total Debt (Recent Filing)$19.32B
Price to Earnings (P/E)16.2
Beta1.22
Next Earnings
Aug 14, 2024EPS Estimate
$2.19Last Dividend Ex-Date
May 14, 2024Dividend Yield3.03%
Share Statistics
EPS (TTM)8.92
Shares Outstanding461,690,206
10 Day Avg. Volume5,565,339
30 Day Avg. Volume4,119,021
Standard Deviation0.10
R-Squared0.35
Alpha0.00753
Financial Highlights & Ratios
Price to Book (P/B)6.61
Price to Sales (P/S)0.62
Price to Cash Flow (P/CF)5.00
P/FCF Ratio6.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.77
Enterprise Value/Gross Profit2.77
Enterprise Value/Ebitda12.59
Forecast
1Y Price Target
$183.58Price Target Upside26.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering29
Target News
PremiumStock Analysis & Ideas
Target Stock (NYSE:TGT): Take Aim at a Bargain-Priced Dividend King3d ago
Bulls Say, Bears Say
Bulls Say
Financial OutlookTarget Corp is on track to recoup much of the EBIT margin contraction from 2022, with progress expected on shrink, lower fulfillment costs, better mix, and expense leverage.
Market PositioningAnalyst remains bullish on the company's value positioning in the market, considering the risk/reward favorable.
Strategic PartnershipsThe company is making strategic partnerships with well-known brands like Apple and Disney to boost sales.
Bears Say
Financial PerformanceIncreasing same-day competition from Amazon and Walmart is a concern for Target.
Growth ConcernsTarget's digital sales growth is underwhelming and may indicate risks of more costly future growth.
Market ValuationThe pace of achieving the 6% EBIT margin target could take longer than expected, impacting the stock's near-term valuation.
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Ownership Overview
0.98% Insiders
28.15% Mutual Funds
38.39% Other Institutional Investors
32.48% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
The estimated number of people who visited one or more of the websites owned by Target
Desktop Users
Mobile Users
TGT FAQ
What was Target’s price range in the past 12 months?
Target lowest stock price was $100.43 and its highest was $180.62 in the past 12 months.
What is Target’s market cap?
Currently, no data Available
When is Target’s upcoming earnings report date?
Target’s upcoming earnings report date is Aug 14, 2024 which is in 81 days.
How were Target’s earnings last quarter?
Target released its earnings results on May 22, 2024. The company reported $2.03 earnings per share for the quarter, missing the consensus estimate of $2.053 by -$0.023.
Is Target overvalued?
According to Wall Street analysts Target’s price is currently Undervalued.
Does Target pay dividends?
Target pays a Quarterly dividend of $1.1 which represents an annual dividend yield of 3.03%. See more information on Target dividends here
What is Target’s EPS estimate?
Target’s EPS estimate is $2.19.
How many shares outstanding does Target have?
Target has 462,632,100 shares outstanding.
What happened to Target’s price movement after its last earnings report?
Target reported an EPS of $2.03 in its last earnings report, missing expectations of $2.053. Following the earnings report the stock price went down -8.031%.
Which hedge fund is a major shareholder of Target?
Among the largest hedge funds holding Target’s share is Diamond Hill Capital Management Inc. It holds Target’s shares valued at 500M.
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Target Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$183.58 (26.41% Upside)
$183.58 (26.41% Upside)
Blogger Sentiment
Bullish
TGT Sentiment 75%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 313.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $14.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 0.2%
Last 30 Days ▲ 0.2%
News Sentiment
Bullish
Bullish news 78%
Bearish news 22%
Bearish news 22%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.90%
12-Months-Change
Fundamentals
Return on Equity
32.46%
Trailing 12-Months
Asset Growth
5.69%
Trailing 12-Months
Company Description
Target
Founded in 1902, Target Corp. is a Minnesota-based general merchandise retailer and has stores in all 50 U.S. states and the District of Columbia. Its stores offer curated general merchandise and food assortments including perishables, dry grocery, dairy, and frozen items.
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TGT Company Deck
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TGT Earnings Call
Q1 2024
0:00 / 0:00
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TGT Net sales Breakdown
29.57% Beauty and household essentials
22.59% Food and beverage
16.79% Home furnishings and décor
15.58% Apparel and accessories
15.48% Other
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TGT Stock 12 Month Forecast
Average Price Target
$183.58
▲(26.41% Upside)
Technical Analysis
Best Analysts Covering TGT
1 Year
1 Year Success Rate
17/25 ratings generated profit
1 Year Average Return
+20.78%
assigned a buy rating yesterday
Copying Robert Ohmes's trades and holding each position for 1 Year would result in 68.00% of your transactions generating a profit, with an average return of +20.78% per trade.
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