Target Stock Price on March 11, 2024
TGT Stock | USD 164.74 0.30 0.18% |
Below is the normalized historical share price chart for Target extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Target stands at 164.74, as last reported on the 28th of April, with the highest price reaching 166.28 and the lowest price hitting 164.14 during the day.
If you're considering investing in Target Stock, it is important to understand the factors that can impact its price. Target appears to be very steady, given 3 months investment horizon. Target owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Target, which you can use to evaluate the volatility of the company. Please review Target's Coefficient Of Variation of 697.78, risk adjusted performance of 0.0963, and Semi Deviation of 1.01 to confirm if our risk estimates are consistent with your expectations.
At this time, Target's Common Stock Shares Outstanding is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 48.6 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 3.6 B in 2024. . At this time, Target's Price To Sales Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 10.52 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.16 in 2024. Target Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of April 1983 | 200 Day MA 137.1111 | 50 Day MA 164.8988 | Beta 1.151 |
Target |
Sharpe Ratio = 0.1337
Best Portfolio | Best Equity | |||
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Small Returns | TGT | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Target is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Target by adding it to a well-diversified portfolio.
Price Book 5.7099 | Enterprise Value Ebitda 10.7601 | Price Sales 0.714 | Shares Float 460.2 M | Dividend Share 4.36 |
Target Valuation on March 11, 2024
It is possible to determine the worth of Target on a given historical date. On March 11, 2024 Target was worth 170.19 at the beginning of the trading date compared to the closed value of 168.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Target stock. Still, in general, we apply an absolute valuation method to find Target's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Target where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Target's related companies.
Open | High | Low | Close | Volume | |
171.34 | 172.29 | 169.45 | 169.72 | 3,361,820 | |
03/11/2024 | 170.19 | 170.58 | 166.68 | 168.07 | 3,142,428 |
168.64 | 169.06 | 167.53 | 167.57 | 2,291,880 |
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Target Trading Date Momentum on March 11, 2024
On March 12 2024 Target was traded for 167.57 at the closing time. Highest Target's price during the trading hours was 169.06 and the lowest price during the day was 167.53 . The net volume was 2.3 M. The overall trading history on the 12th of March 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.30% . The trading price change to current price is 1.55% . |
Target Fundamentals Correlations and Trends
By evaluating Target's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Target's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Target financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Target Stock history
Target investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Target is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Target will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Target stock prices may prove useful in developing a viable investing in Target
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 462.8 M | 654.2 M | |
Net Income Applicable To Common Shares | 3.2 B | 3.4 B |
Target Stock Technical Analysis
Target technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Target Period Price Range
Low | March 11, 2024
| High |
170.19 | 168.07 |
Target April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Target stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Target shares will generate the highest return on investment. By undertsting and applying Target stock market strength indicators, traders can identify Target entry and exit signals to maximize returns
Accumulation Distribution | 71845.87 | |||
Daily Balance Of Power | (0.54) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 168.63 | |||
Day Typical Price | 168.44 | |||
Price Action Indicator | (1.62) | |||
Period Momentum Indicator | (3.33) | |||
Relative Strength Index | 49.14 |
Target Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Target's price direction in advance. Along with the technical and fundamental analysis of Target Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Target to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0963 | |||
Jensen Alpha | 0.2075 | |||
Total Risk Alpha | 0.0226 | |||
Sortino Ratio | 0.1647 | |||
Treynor Ratio | 0.3211 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Target Stock please use our How to Invest in Target guide.Note that the Target information on this page should be used as a complementary analysis to other Target's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Target Stock analysis
When running Target's price analysis, check to measure Target's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.
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Is Target's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Target. If investors know Target will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Target listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.574 | Dividend Share 4.36 | Earnings Share 8.95 | Revenue Per Share 232.745 | Quarterly Revenue Growth 0.017 |
The market value of Target is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target's value that differs from its market value or its book value, called intrinsic value, which is Target's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Target's market value can be influenced by many factors that don't directly affect Target's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.