Stock Performance Spotlight: Target Corp (TGT) Ends the Day at 144.99, Down by -0.28

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As of close of business last night, Target Corp’s stock clocked out at $144.99, down -0.28% from its previous closing price of $145.39. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 1.63 million shares were traded. TGT stock price reached its highest trading level at $146.23 during the session, while it also had its lowest trading level at $144.37.

Ratios:

To gain a deeper understanding of TGT’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.64. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 1.53 whereas as Long-Term Debt/Eq ratio is at 1.22.

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, Exane BNP Paribas on June 03, 2024, initiated with a Underperform rating and assigned the stock a target price of $116.

On May 23, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $195 to $190.

Citigroup Upgraded its Neutral to Buy on May 07, 2024, while the target price for the stock was maintained at $180.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 04 ’24 when Cornell Brian C sold 45,000 shares for $151.36 per share. The transaction valued at 6,811,250 led to the insider holds 348,843 shares of the business.

HENNINGTON CHRISTINA sold 4,600 shares of TGT for $786,048 on Mar 21 ’24. The Executive Officer now owns 38,487 shares after completing the transaction at $170.88 per share. On Mar 14 ’24, another insider, Kremer Melissa K, who serves as the Executive Officer of the company, sold 3,000 shares for $165.05 each. As a result, the insider received 495,150 and left with 30,527 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 66989838336 and an Enterprise Value of 83366772736. As of this moment, Target’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.26, and their Forward P/E ratio for the next fiscal year is 13.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 4.85. Its current Enterprise Value per Revenue stands at 0.782 whereas that against EBITDA is 9.557.

Stock Price History:

The Beta on a monthly basis for TGT is 1.19, which has changed by 0.106695175 over the last 52 weeks, in comparison to a change of 0.25510752 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 $102.93. The 50-Day Moving Average of the stock is -5.26%, while the 200-Day Moving Average is calculated to be 1.97%.

Shares Statistics:

It appears that TGT traded 3.93M shares on average per day over the past three months and 4064280 shares per day over the past ten days. A total of 461.68M shares are outstanding, with a floating share count of 461.47M. Insiders hold about 0.25% of the company’s shares, while institutions hold 80.70% stake in the company. Shares short for TGT as of 1718323200 were 8204130 with a Short Ratio of 2.09, compared to 1715731200 on 6759571. Therefore, it implies a Short% of Shares Outstanding of 8204130 and a Short% of Float of 1.78.

Dividends & Splits

With its trailing 12-month dividend rate of 4.38, TGT has a forward annual dividend rate of 4.40. Against a Trailing Annual Dividend Yield of 0.03012587The stock’s 5-year Average Dividend Yield is 2.23. The current Payout Ratio is 48.99% for TGT, which recently paid a dividend on 2024-05-14 with an ex-dividend date of 1724198400. Stock splits for the company last occurred on 2000-07-20 when the company split stock in a 2:1 ratio.

Earnings Estimates

The dynamic stock of Target Corp (TGT) is currently attracting attention from 26.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $2.19 for the current quarter, with a high estimate of $2.34 and a low estimate of $1.98, while EPS last year was $1.8. The consensus estimate for the next quarter is $2.28, with high estimates of $2.57 and low estimates of $2.09.

Analysts are recommending an EPS of between $9.73 and $9.0 for the fiscal current year, implying an average EPS of $9.35. EPS for the following year is $10.43, with 30.0 analysts recommending between $11.12 and $9.59.

Revenue Estimates

For the next quarter, 23 analysts are estimating revenue of $26.09B. There is a high estimate of $26.38B for the next quarter, whereas the lowest estimate is $25.63B.

A total of 30 analysts have provided revenue estimates for TGT’s current fiscal year. The highest revenue estimate was $107.55B, while the lowest revenue estimate was $104.9B, resulting in an average revenue estimate of $106.82B. In the same quarter a year ago, actual revenue was $107.41BBased on 28 analysts’ estimates, the company’s revenue will be $110.73B in the next fiscal year. The high estimate is $112.25B and the low estimate is $108.13B.

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