Target Stock Analysis
TGT Stock | USD 164.47 1.15 0.70% |
Target is undervalued with Real Value of 190.22 and Target Price of 149.66. The main objective of Target stock analysis is to determine its intrinsic value, which is an estimate of what Target is worth, separate from its market price. There are two main types of Target's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Target's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Target's stock to identify patterns and trends that may indicate its future price movements.
The Target stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Target is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Target Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Target's ongoing operational relationships across important fundamental and technical indicators.
Target |
Target Stock Analysis Notes
About 81.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.56. Target recorded earning per share (EPS) of 8.93. The entity last dividend was issued on the 14th of May 2024. The firm had 2:1 split on the 20th of July 2000. Target Corporation operates as a general merchandise retailer in the United States. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota. Target Corp operates under Discount Stores classification in the United States and is traded on New York Stock Exchange. It employs 450000 people. To find out more about Target contact Brian Cornell at 612 304 6073 or learn more at https://corporate.target.com.Target Quarterly Total Revenue |
|
Target Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Target's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Target or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
The company has 21.25 B in debt with debt to equity (D/E) ratio of 1.77, which is OK given its current industry classification. Target has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Target until it has trouble settling it off, either with new capital or with free cash flow. So, Target's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Target sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Target to invest in growth at high rates of return. When we think about Target's use of debt, we should always consider it together with cash and equity. | |
Over 81.0% of Target shares are owned by institutional investors | |
Latest headline from benzinga.com: Paralyzed Veterans of America Celebrates Women Veterans, Accessibility Changemakers at Igniting Change Gala |
Target Upcoming and Recent Events
Earnings reports are used by Target to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Target previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
27th of February 2024 Upcoming Quarterly Report | View | |
15th of May 2024 Next Financial Report | View | |
31st of January 2024 Next Fiscal Quarter End | View | |
27th of February 2024 Next Fiscal Year End | View | |
31st of October 2023 Last Quarter Report | View | |
31st of January 2023 Last Financial Announcement | View |
Target Largest EPS Surprises
Earnings surprises can significantly impact Target's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
1997-11-18 | 1997-10-31 | 0.15 | 0.17 | 0.02 | 13 | ||
1997-08-19 | 1997-07-31 | 0.13 | 0.15 | 0.02 | 15 | ||
1999-05-18 | 1999-04-30 | 0.19 | 0.22 | 0.03 | 15 |
Target Thematic Classifications
In addition to having Target stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Power AssetsHigh potential, large capitalization stocks theme | ||
ImpulseMacroaxis evolving impulse stocks |
Target Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Target is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Target backward and forwards among themselves. Target's institutional investor refers to the entity that pools money to purchase Target's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Norges Bank | 2023-12-31 | 5.3 M | Goldman Sachs Group Inc | 2023-12-31 | 5.1 M | Northern Trust Corp | 2023-12-31 | 4.9 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 4.6 M | Jpmorgan Chase & Co | 2023-12-31 | 4.3 M | Legal & General Group Plc | 2023-12-31 | 4 M | Bank Of New York Mellon Corp | 2023-12-31 | 3.9 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 3.4 M | Amvescap Plc. | 2023-12-31 | 3.2 M | Vanguard Group Inc | 2023-12-31 | 44.9 M | State Street Corporation | 2023-12-31 | 36 M |
Target Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 76.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Target's market, we take the total number of its shares issued and multiply it by Target's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Target Profitablity
Target's profitability indicators refer to fundamental financial ratios that showcase Target's ability to generate income relative to its revenue or operating costs. If, let's say, Target is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Target's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Target's profitability requires more research than a typical breakdown of Target's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.04 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.06 %, which entails that for every 100 dollars of revenue, it generated $0.06 of operating income. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.08 | (0.04) | |
Return On Capital Employed | 0.16 | 0.15 | |
Return On Assets | 0.07 | (0.04) | |
Return On Equity | 0.31 | (0.12) |
Management Efficiency
Target has Return on Asset of 0.0679 % which means that on every $100 spent on assets, it made $0.0679 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3356 %, implying that it generated $0.3356 on every 100 dollars invested. Target's management efficiency ratios could be used to measure how well Target manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.04 in 2024. Return On Capital Employed is likely to drop to 0.15 in 2024. Total Current Liabilities is likely to drop to about 9.9 B in 2024. Liabilities And Stockholders Equity is likely to drop to about 32 B in 2024Last Reported | Projected for Next Year | ||
Book Value Per Share | 29.11 | 22.05 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 27.72 | 21.58 | |
Enterprise Value Over EBITDA | 10.16 | 8.60 | |
Price Book Value Ratio | 5.00 | 3.34 | |
Enterprise Value Multiple | 10.16 | 8.60 | |
Price Fair Value | 5.00 | 3.34 | |
Enterprise Value | 44.1 B | 46.3 B |
The analysis of Target's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Target's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Target Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0269 | Forward Dividend Yield 0.0269 | Forward Dividend Rate 4.4 | Beta 1.151 |
Technical Drivers
As of the 18th of April 2024, Target has the Coefficient Of Variation of 758.85, semi deviation of 1.08, and Risk Adjusted Performance of 0.0899. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Target, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Target, which can be compared to its competition. Please validate Target information ratio and downside variance to decide if Target is priced more or less accurately, providing market reflects its prevalent price of 164.47 per share. Given that Target has jensen alpha of 0.2119, we advise you to double-check Target's current market performance to make sure the company can sustain itself at a future point.Target Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Target middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Target. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Target Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Target insiders, such as employees or executives, is commonly permitted as long as it does not rely on Target's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Target insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Matt Zabel over three months ago Sale by Matt Zabel of 4000 shares of Target | ||
Matt Zabel over three months ago Acquisition by Matt Zabel of 870 shares of Target subject to Rule 16b-3 | ||
Matt Zabel over three months ago Target exotic insider transaction detected |
Target Outstanding Bonds
Target issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Target uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Target bonds can be classified according to their maturity, which is the date when Target has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
TARGET P 7 Corp BondUS87612EAF34 | View | |
TARGET P 635 Corp BondUS87612EAK29 | View | |
TARGET P 65 Corp BondUS87612EAR71 | View | |
US87612EAU01 Corp BondUS87612EAU01 | View | |
TARGET P 4 Corp BondUS87612EBA38 | View | |
TARGET P 35 Corp BondUS87612EBD76 | View | |
TARGET P 25 Corp BondUS87612EBE59 | View | |
TARGET P 3625 Corp BondUS87612EBF25 | View |
Target Predictive Daily Indicators
Target intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Target stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 89678.19 | |||
Daily Balance Of Power | 0.2826 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 165.91 | |||
Day Typical Price | 165.43 | |||
Price Action Indicator | (0.86) | |||
Period Momentum Indicator | 1.15 | |||
Relative Strength Index | 52.17 |
Target Corporate Filings
F4 | 11th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 22nd of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 15th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 13th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 12th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 11th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 7th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 5th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Target Forecast Models
Target's time-series forecasting models are one of many Target's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Target's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Target Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Target prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Target shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Target. By using and applying Target Stock analysis, traders can create a robust methodology for identifying Target entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.05 | 0.05 | |
Operating Profit Margin | 0.05 | 0.06 | |
Net Loss | 0.04 | (0.02) | |
Gross Profit Margin | 0.25 | 0.29 |
Current Target Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Target analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Target analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
149.66 | Buy | 35 | Odds |
Most Target analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Target stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Target, talking to its executives and customers, or listening to Target conference calls.
Target Stock Analysis Indicators
Target stock analysis indicators help investors 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 understating and applying Target stock analysis, traders can identify Target position entry and exit signals to maximize returns.
Begin Period Cash Flow | 886 M | |
Long Term Debt | 14.9 B | |
Common Stock Shares Outstanding | 462.8 M | |
Total Stockholder Equity | 13.4 B | |
Tax Provision | 1.2 B | |
Quarterly Earnings Growth Y O Y | 0.574 | |
Property Plant And Equipment Net | 36.5 B | |
Cash And Short Term Investments | 3.8 B | |
Cash | 908 M | |
Accounts Payable | 10.5 B | |
Net Debt | 20.3 B | |
50 Day M A | 161.7082 | |
Total Current Liabilities | 19.3 B | |
Other Operating Expenses | 101.6 B | |
Non Current Assets Total | 37.9 B | |
Forward Price Earnings | 17.8571 | |
Non Currrent Assets Other | -2.2 B | |
Stock Based Compensation | 251 M |
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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |
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 8.93 | 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.