Market Resilience: Target Corp (TGT) Finishes Weak at 150.40, Down -1.18

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Target Corp (NYSE: TGT) closed the day trading at $150.40 down -1.18% from the previous closing price of $152.20. In other words, the price has decreased by -$1.18 from its previous closing price. On the day, 2.77 million shares were traded. TGT stock price reached its highest trading level at $152.445 during the session, while it also had its lowest trading level at $149.96.

Ratios:

For a better understanding of TGT, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.15. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.18.

On August 22, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $190 to $195.

Evercore ISI reiterated its In-line rating for the stock on August 22, 2024, while the target price for the stock was revised from $158 to $160.

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 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 69285519360 and an Enterprise Value of 84950466560. As of this moment, Target’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.53, and their Forward P/E ratio for the next fiscal year is 14.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 4.81. Its current Enterprise Value per Revenue stands at 0.792 whereas that against EBITDA is 9.203.

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 1.07%, while the 200-Day Moving Average is calculated to be -1.11%.

Shares Statistics:

Over the past 3-months, TGT traded about 4.13M shares per day on average, while over the past 10 days, TGT traded about 3639790 shares per day. A total of 461.68M shares are outstanding, with a floating share count of 459.41M. Insiders hold about 0.27% of the company’s shares, while institutions hold 82.78% stake in the company. Shares short for TGT as of 1726185600 were 14288436 with a Short Ratio of 3.46, compared to 1723680000 on 13079887. Therefore, it implies a Short% of Shares Outstanding of 14288436 and a Short% of Float of 3.11.

Dividends & Splits

TGT’s forward annual dividend rate is 4.42, up from 4.4 a year ago. Against a Trailing Annual Dividend Yield of 0.028909331The stock’s 5-year Average Dividend Yield is 2.25.

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