Target Stock Performance
TGT Stock | USD 166.58 2.11 1.28% |
On a scale of 0 to 100, Target holds a performance score of 12. The entity has a beta of 0.95, which indicates possible diversification benefits within a given portfolio. Target returns are very sensitive to returns on the market. As the market goes up or down, Target is expected to follow. Please check Target's downside variance, as well as the relationship between the daily balance of power and relative strength index , to make a quick decision on whether Target's existing price patterns will revert.
Risk-Adjusted Performance
12 of 100
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Good
Compared to the overall equity markets, risk-adjusted returns on investments in Target are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak technical and fundamental indicators, Target unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.7 | Five Day Return (3.72) | Year To Date Return 14.93 | Ten Year Return 175.22 | All Time Return 38.4 K |
Forward Dividend Yield 0.0269 | Payout Ratio 0.4927 | Last Split Factor 2:1 | Forward Dividend Rate 4.4 | Dividend Date 2024-06-10 |
1 | Target to double bonuses for salaried employees in signal of profit growth | 03/21/2024 |
2 | Target, Costco And A Major Healthcare Stock On CNBCs Final Trades | 03/27/2024 |
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4 | Why Target is a Great Dividend Stock Right Now | 04/08/2024 |
5 | Costco, dollar stores chip at Walmart, Target grocery market share in Twin Cities | 04/09/2024 |
6 | Is It Worth Investing in Target Based on Wall Streets Bullish Views | 04/10/2024 |
7 | Target Is Doing Its Best Costco Impression | 04/11/2024 |
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Begin Period Cash Flow | 886 M |
Target |
Target Relative Risk vs. Return Landscape
If you would invest 13,712 in Target on January 19, 2024 and sell it today you would earn a total of 2,946 from holding Target or generate 21.48% return on investment over 90 days. Target is generating 0.3291% of daily returns assuming volatility of 2.0405% on return distribution over 90 days investment horizon. In other words, 18% of stocks are less volatile than Target, and above 94% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
Risk |
Target Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Target's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Target, and traders can use it to determine the average amount a Target's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1613
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Estimated Market Risk
2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Target is performing at about 12% 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.
Target Fundamentals Growth
Target Stock prices reflect investors' perceptions of the future prospects and financial health of Target, and Target fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Target Stock performance.
Return On Equity | 0.34 | ||||
Return On Asset | 0.0679 | ||||
Profit Margin | 0.04 % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 92.15 B | ||||
Shares Outstanding | 461.69 M | ||||
Price To Earning | 22.82 X | ||||
Price To Book | 5.71 X | ||||
Price To Sales | 0.71 X | ||||
Revenue | 107.41 B | ||||
Gross Profit | 26.89 B | ||||
EBITDA | 8.61 B | ||||
Net Income | 4.14 B | ||||
Cash And Equivalents | 2.23 B | ||||
Cash Per Share | 2.19 X | ||||
Total Debt | 21.25 B | ||||
Debt To Equity | 1.77 % | ||||
Current Ratio | 0.86 X | ||||
Book Value Per Share | 29.09 X | ||||
Cash Flow From Operations | 8.62 B | ||||
Earnings Per Share | 8.93 X | ||||
Market Capitalization | 76.18 B | ||||
Total Asset | 55.36 B | ||||
Retained Earnings | 7.09 B | ||||
Working Capital | (1.81 B) | ||||
Current Asset | 9.65 B | ||||
Current Liabilities | 7.05 B | ||||
About Target Performance
To evaluate Target Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Target generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Target Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Target market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Target's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Last Reported | Projected for Next Year | ||
Days Of Inventory On Hand | 54.13 | 62.57 | |
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) |
Things to note about Target performance evaluation
Checking the ongoing alerts about Target for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Target help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.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 |
- Analyzing Target's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Target's stock is overvalued or undervalued compared to its peers.
- Examining Target's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Target's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Target's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Target's stock. These opinions can provide insight into Target's potential for growth and whether the stock is currently undervalued or overvalued.
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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 8.93 | 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.