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Target (TGT)
NYSE:TGT
Holding TGT?
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TGT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$128.37 - $181.86
Previous Close$156.56
Volume9.17M
Average Volume (3M)4.08M
Market Cap
$71.87B
Enterprise Value$85.32B
Total Cash (Recent Filing)$3.50B
Total Debt (Recent Filing)$18.74B
Price to Earnings (P/E)15.7
Beta0.94
Next Earnings
Nov 20, 2024EPS Estimate
$2.3Last Dividend Ex-Date
Nov 20, 2024Dividend Yield2.9%
Share Statistics
EPS (TTM)9.69
Shares Outstanding460,674,666
10 Day Avg. Volume5,142,261
30 Day Avg. Volume4,077,747
Standard Deviation0.10
R-Squared0.42
Alpha-0.00227
Financial Highlights & Ratios
Price to Book (P/B)4.98
Price to Sales (P/S)0.65
Price to Cash Flow (P/CF)8.10
P/FCF Ratio10.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.80
Enterprise Value/Gross Profit2.88
Enterprise Value/Ebitda9.35
Forecast
1Y Price Target
$182.52Price Target Upside17.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering27
Target News
Bulls Say, Bears Say
Bulls Say
Market PositionTarget sees opportunities for large well-funded retailers to gain share in the current environment, highlighting its differentiated store experience and sourcing capabilities.
Operational EfficiencyTarget Corp should have enough levers to extract supply chain efficiency, leverage advertising revenue, and capitalize on private label penetration for margin momentum.
Sales GrowthThe relaunch of Target Circle was highlighted as an important sales initiative, which should drive engagement and also support Target Circle card penetration growth.
Bears Say
CompetitionSame-day competition is increasing from both Amazon and Walmart.
Earnings GuidanceImplied 4Q EPS guidance came in ~12% below consensus, raising fears around the upcoming Holiday season and consumer uncertainty.
Sales PerformanceAdverse weather, a weak low-income consumer, and general macro uncertainty are likely taking a toll on sales.
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Ownership Overview
0.21% Insiders
24.90% Mutual Funds
17.10% Other Institutional Investors
37.37% 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 $128.37 and its highest was $181.86 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 Nov 20, 2024 which is 3 days ago.
How were Target’s earnings last quarter?
Target released its earnings results on Aug 21, 2024. The company reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.183 by $0.387.
Is Target overvalued?
According to Wall Street analysts Target’s price is currently Undervalued.
Does Target pay dividends?
Target pays a Quarterly dividend of $1.12 which represents an annual dividend yield of 2.9%. See more information on Target dividends here
What is Target’s EPS estimate?
Target’s EPS estimate is $2.3.
How many shares outstanding does Target have?
Target has 460,674,650 shares outstanding.
What happened to Target’s price movement after its last earnings report?
Target reported an EPS of $2.57 in its last earnings report, beating expectations of $2.183. Following the earnings report the stock price went up 11.2%.
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 460M.
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Target Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$182.52 (17.00% Upside)
$182.52 (17.00% Upside)
Blogger Sentiment
Bullish
TGT Sentiment 90%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 143.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $9.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Very Bullish
Bullish news 92%
Bearish news 8%
Bearish news 8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
22.77%
12-Months-Change
Fundamentals
Return on Equity
33.97%
Trailing 12-Months
Asset Growth
5.24%
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
Q2 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
$182.52
▲(17.00% Upside)
Technical Analysis
Best Analysts Covering TGT
1 Year
1 Year Success Rate
10/14 ratings generated profit
1 Year Average Return
+27.90%
initiated a buy rating 2 months ago
Copying Karen Short's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +27.90% per trade.
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