Target (NYSE:TGT - Get Free Report) is projected to announce its earnings results before the market opens on Tuesday, March 4th. Analysts expect the company to announce earnings of $2.24 per share and revenue of $30.83 billion for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Target Trading Up 1.5 %
NYSE:TGT traded up $1.87 on Friday, reaching $124.37. The company's stock had a trading volume of 8,891,248 shares, compared to its average volume of 5,449,238. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. The business's 50-day moving average price is $133.91 and its two-hundred day moving average price is $142.42. Target has a 1-year low of $120.21 and a 1-year high of $181.86. The firm has a market cap of $56.99 billion, a PE ratio of 13.19, a PEG ratio of 1.94 and a beta of 1.15.
Target Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Wednesday, February 12th will be issued a dividend of $1.12 per share. The ex-dividend date of this dividend is Wednesday, February 12th. This represents a $4.48 dividend on an annualized basis and a dividend yield of 3.60%. Target's payout ratio is 47.51%.
Analyst Ratings Changes
Several equities research analysts have commented on the company. Citigroup boosted their target price on Target from $130.00 to $133.00 and gave the company a "neutral" rating in a research note on Friday, January 17th. Truist Financial increased their target price on shares of Target from $129.00 to $134.00 and gave the stock a "hold" rating in a report on Friday, January 17th. Sanford C. Bernstein raised their target price on shares of Target from $139.00 to $142.00 and gave the company a "market perform" rating in a research report on Tuesday, January 28th. Wells Fargo & Company cut their price target on shares of Target from $180.00 to $150.00 and set an "overweight" rating on the stock in a research report on Wednesday, November 20th. Finally, Evercore ISI decreased their price objective on Target from $165.00 to $130.00 and set an "in-line" rating for the company in a report on Thursday, November 21st. One analyst has rated the stock with a sell rating, seventeen have given a hold rating and fifteen have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $157.93.
View Our Latest Research Report on TGT
About Target
(
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Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.
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