Daily Progress: Target Corp (TGT) Drop -0.95, Closing at 133.25

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In the latest session, Target Corp (NYSE: TGT) closed at $133.25 down -0.95% from its previous closing price of $134.53. In other words, the price has decreased by -$0.95 from its previous closing price. On the day, 9.89 million shares were traded. TGT stock price reached its highest trading level at $133.7699 during the session, while it also had its lowest trading level at $127.92.

Ratios:

For a deeper understanding of Target Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.43. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 1.60 whereas as Long-Term Debt/Eq ratio is at 1.23.

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 the company, Daiwa Securities on November 26, 2024, Downgraded its rating to Neutral and sets its target price to $130 from $170 previously.

On November 21, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $195 to $150.

HSBC Securities Downgraded its Buy to Hold on November 20, 2024, while the target price for the stock was maintained at $138.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 27 ’24 when Gomez Richard H. sold 6,348 shares for $157.17 per share. The transaction valued at 997,715 led to the insider holds 123,551 shares of the business.

Gomez Richard H. bought 6,348 shares of TGT for $997,716 on Sep 27 ’24. On Aug 30 ’24, another insider, LIEGEL MATTHEW A, who serves as the Chief Accounting Officer of the company, sold 1,000 shares for $153.13 each. As a result, the insider received 153,130 and left with 7,276 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 61056749568 and an Enterprise Value of 71738318848. As of this moment, Target’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.12, and their Forward P/E ratio for the next fiscal year is 14.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 4.22. Its current Enterprise Value per Revenue stands at 0.669 whereas that against EBITDA is 7.771.

Stock Price History:

The Beta on a monthly basis for TGT is 1.15, which has changed by -0.0353989 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, TGT has reached a high of $181.86, while it has fallen to a 52-week low of $120.21. The 50-Day Moving Average of the stock is -3.25%, while the 200-Day Moving Average is calculated to be -10.61%.

Shares Statistics:

For the past three months, TGT has traded an average of 6.41M shares per day and 5176150 over the past ten days. A total of 459.24M shares are outstanding, with a floating share count of 457.09M. Insiders hold about 0.25% of the company’s shares, while institutions hold 83.80% stake in the company. Shares short for TGT as of 1730332800 were 13978443 with a Short Ratio of 1.92, compared to 1727654400 on 15442292. Therefore, it implies a Short% of Shares Outstanding of 13978443 and a Short% of Float of 3.04.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 2.26. The current Payout Ratio is 48.99% for TGT, which recently paid a dividend on 2024-11-20 with an ex-dividend date of 1732060800. Stock splits for the company last occurred on 2000-07-20 when the company split stock in a 2:1 ratio.

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