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Target (TGT)
NYSE:TGT
Target (TGT) Stock Price & Analysis
9,206 Followers
TGT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$101.13 - $181.86
Previous Close$163.13
Volume2.63M
Average Volume (3M)3.74M
Market Cap
$75.47B
Enterprise Value$90.98B
Total Cash (Recent Filing)$3.81B
Total Debt (Recent Filing)$19.32B
Price to Earnings (P/E)18.2
Beta1.35
Next Earnings
May 22, 2024EPS Estimate
$2.06Last Dividend Ex-Date
May 14, 2024Dividend Yield2.68%
Share Statistics
EPS (TTM)8.94
Shares Outstanding461,690,206
10 Day Avg. Volume3,274,264
30 Day Avg. Volume3,740,219
Standard Deviation0.10
R-Squared0.35
Alpha0.00753
Financial Highlights & Ratios
Price to Book (P/B)7.53
Price to Sales (P/S)0.70
Price to Cash Flow (P/CF)5.70
P/FCF Ratio7.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.85
Enterprise Value/Gross Profit3.07
Enterprise Value/Ebitda13.92
Forecast
1Y Price Target
$185.48Price Target Upside15.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering28
Target News
PremiumMarket News
Who Owns Target Stock (NYSE:TGT)?
Bulls Say, Bears Say
Bulls Say
Business StrategyTarget is expanding its partnership with well-known brands, such as Apple and Disney, to drive online and in-store sales.
Loyalty ProgramThe new rollout of Target's loyalty program automatically applies all available discounts, enhancing the customer experience with minimal service interruptions.
Operational EfficiencyTarget has achieved a delivery cost that is significantly lower than the traditional delivery model which could help to alleviate any potential margin pressure.
Bears Say
Competition And Market PositionCompetition in same-day delivery services is increasing, posing a risk to the company's early lead in this area.
Financial PerformanceRecent gross margin expansion is supported by lean inventories and channel mix tailwinds, and same-day competition is increasing from both Amazon and Walmart.
Sales PerformanceDespite margin improvements, sales have not shown significant improvement, posing a risk to future performance.
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Ownership Overview
0.98% Insiders
28.27% Mutual Funds
27.70% Other Institutional Investors
43.04% 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 $101.13 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 May 22, 2024 which is in 8 days.
How were Target’s earnings last quarter?
Target released its earnings results on Mar 05, 2024. The company reported $2.98 earnings per share for the quarter, beating the consensus estimate of $2.431 by $0.549.
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 2.68%. See more information on Target dividends here
What is Target’s EPS estimate?
Target’s EPS estimate is $2.06.
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 $2.98 in its last earnings report, beating expectations of $2.431. Following the earnings report the stock price went up 12.021%.
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 401M.
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Target Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$185.48 (15.28% Upside)
$185.48 (15.28% Upside)
Blogger Sentiment
Bullish
TGT Sentiment 75%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 21.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $14.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 2.7%
Last 30 Days ▼ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
6.89%
12-Months-Change
Fundamentals
Return on Equity
33.55%
Trailing 12-Months
Asset Growth
3.79%
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
Q4 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
$185.48
▲(15.28% Upside)
Technical Analysis
Best Analysts Covering TGT
1 Year
1 Year Success Rate
17/24 ratings generated profit
1 Year Average Return
+23.34%
reiterated a buy rating 2 months ago
Copying Robert Ohmes's trades and holding each position for 1 Year would result in 70.83% of your transactions generating a profit, with an average return of +23.34% per trade.
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