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After finishing at $165.34 in the prior trading day, Target Corp (NYSE: TGT) closed at $164.44, down -0.54%. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 3.06 million shares were traded. TGT stock price reached its highest trading level at $165.15 during the session, while it also had its lowest trading level at $163.1777.
Ratios:
Our goal is to gain a better understanding of TGT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.90. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 1.58 whereas as Long-Term Debt/Eq ratio is at 1.36.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Gordon Haskett on April 04, 2024, Reiterated its Buy rating but revised its target price to $220 from $200 previously.
On March 06, 2024, HSBC Securities Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $140 to $195.
Deutsche Bank Upgraded its Hold to Buy on March 06, 2024, whereas the target price for the stock was revised from $149 to $206.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 21 ’24 when HENNINGTON CHRISTINA sold 4,600 shares for $170.88 per share. The transaction valued at 786,048 led to the insider holds 38,487 shares of the business.
Kremer Melissa K sold 3,000 shares of TGT for $495,150 on Mar 14 ’24. The Executive Officer now owns 30,527 shares after completing the transaction at $165.05 per share. On Mar 11 ’24, another insider, Cornell Brian C, who serves as the Executive Officer of the company, sold 45,000 shares for $167.52 each. As a result, the insider received 7,538,544 and left with 346,919 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGT now has a Market Capitalization of 75920302080 and an Enterprise Value of 91884339200. As of this moment, Target’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.39, and their Forward P/E ratio for the next fiscal year is 15.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 5.65. Its current Enterprise Value per Revenue stands at 0.855 whereas that against EBITDA is 10.56.
Stock Price History:
Over the past 52 weeks, TGT has reached a high of $181.86, while it has fallen to a 52-week low of $102.93. The 50-Day Moving Average of the stock is 0.18%, while the 200-Day Moving Average is calculated to be 20.21%.
Shares Statistics:
The stock has traded on average 3.82M shares per day over the past 3-months and 3214160 shares per day over the last 10 days, according to various share statistics. A total of 461.68M shares are outstanding, with a floating share count of 460.46M. Insiders hold about 0.27% of the company’s shares, while institutions hold 80.87% stake in the company. Shares short for TGT as of 1713139200 were 7631516 with a Short Ratio of 2.00, compared to 1710460800 on 7998515. Therefore, it implies a Short% of Shares Outstanding of 7631516 and a Short% of Float of 1.66.
Dividends & Splits
In the trailing 12 months, TGT’s forward annual dividend rate was 4.36, compared to 4.38 this year. Against a Trailing Annual Dividend Yield of 0.026369905The stock’s 5-year Average Dividend Yield is 2.25.
Earnings Estimates
The performance of Target Corp (TGT) in the stock market is under the watchful eye of 25.0 analysts actively contributing to its current rating.On average, analysts expect EPS of $2.02 for the current quarter, with a high estimate of $2.28 and a low estimate of $1.9, while EPS last year was $2.05. The consensus estimate for the next quarter is $2.2, with high estimates of $2.52 and low estimates of $1.88.
Analysts are recommending an EPS of between $9.81 and $9.0 for the fiscal current year, implying an average EPS of $9.4. EPS for the following year is $10.5, with 30.0 analysts recommending between $11.2 and $9.59.
Revenue Estimates
For the next quarter, 22 analysts are estimating revenue of $25.31B. There is a high estimate of $25.64B for the next quarter, whereas the lowest estimate is $24.65B.
A total of 27 analysts have provided revenue estimates for TGT’s current fiscal year. The highest revenue estimate was $109.46B, while the lowest revenue estimate was $105.88B, resulting in an average revenue estimate of $107.19B. In the same quarter a year ago, actual revenue was $107.41BBased on 25 analysts’ estimates, the company’s revenue will be $111.18B in the next fiscal year. The high estimate is $113.85B and the low estimate is $109.25B.
