NYSE:TGT - Target Stock Price, News, & Analysis

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$83.04 +0.97 (+1.18 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$82.07
Today's Range$82.35 - $84.14
52-Week Range$53.90 - $84.14
Volume7.43 million shs
Average Volume5.52 million shs
Market Capitalization$44.10 billion
P/E Ratio17.63
Dividend Yield3.17%
Beta0.74
Target logoTarget Corporation operates as a general merchandise retailer in the United States. The company offers beauty and household essentials, including beauty products, personal and baby care products, cleaning products, paper products, and pet supplies; food and beverage products, such as dry grocery, dairy, frozen food, beverage, candy, snacks, deli, bakery, meat, and produce products; and apparel for women, men, boys, girls, toddlers, infants, and newborns, as well as intimate apparel, jewelry, accessories, and shoes. It also provides home furnishings and décor comprising furniture, lighting, kitchenware, small appliances, home décor, bed and bath products, home improvement products, and automotive products, as well as seasonal merchandise comprising patio furniture and holiday décor; and music, movies, books, computer software, sporting goods, and toys, as well as electronics that include video game hardware and software. In addition, the company offers in-store amenities, which comprise Target Café, Target Optical, Starbucks, and other food service offerings. It sells its products through its stores; and digital channels, including Target.com. As of March 8, 2018, the company operated 1,826 stores. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Variety stores
Sub-IndustryGeneral Merchandise Stores
SectorRetail/Wholesale
SymbolNYSE:TGT
CUSIP87612E10
Phone612-304-6073

Debt

Debt-to-Equity Ratio1.18
Current Ratio0.90
Quick Ratio0.18

Price-To-Earnings

Trailing P/E Ratio17.63
Forward P/E Ratio15.73
P/E Growth2.94

Sales & Book Value

Annual Sales$71.88 billion
Price / Sales0.62
Cash Flow$9.2990 per share
Price / Cash8.93
Book Value$21.54 per share
Price / Book3.86

Profitability

EPS (Most Recent Fiscal Year)$4.71
Net Income$2.93 billion
Net Margins4.09%
Return on Equity23.34%
Return on Assets6.75%

Miscellaneous

Employees345,000
Outstanding Shares533,140,000
Market Cap$44.10 billion

Target (NYSE:TGT) Frequently Asked Questions

What is Target's stock symbol?

Target trades on the New York Stock Exchange (NYSE) under the ticker symbol "TGT."

How often does Target pay dividends? What is the dividend yield for Target?

Target announced a quarterly dividend on Wednesday, June 13th. Stockholders of record on Wednesday, August 15th will be given a dividend of $0.64 per share on Monday, September 10th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date is Tuesday, August 14th. This is a positive change from Target's previous quarterly dividend of $0.62. View Target's Dividend History.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) released its quarterly earnings results on Wednesday, May, 23rd. The retailer reported $1.32 EPS for the quarter, missing analysts' consensus estimates of $1.38 by $0.06. The retailer earned $16.78 billion during the quarter, compared to analyst estimates of $16.58 billion. Target had a return on equity of 23.34% and a net margin of 4.09%. Target's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.21 EPS. View Target's Earnings History.

When is Target's next earnings date?

Target is scheduled to release their next quarterly earnings announcement on Wednesday, August, 22nd 2018. View Earnings Estimates for Target.

What guidance has Target issued on next quarter's earnings?

Target updated its FY19 earnings guidance on Wednesday, May, 23rd. The company provided EPS guidance of $5.15-5.45 for the period, compared to the Thomson Reuters consensus estimate of $5.27. Target also updated its Q2 guidance to $1.30-1.50 EPS.

What price target have analysts set for TGT?

21 Wall Street analysts have issued 1 year price objectives for Target's shares. Their forecasts range from $62.00 to $102.00. On average, they expect Target's share price to reach $77.8750 in the next twelve months. This suggests that the stock has a possible downside of 6.2%. View Analyst Price Targets for Target.

What is the consensus analysts' recommendation for Target?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 1 sell rating, 13 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Target.

What are Wall Street analysts saying about Target stock?

Here are some recent quotes from research analysts about Target stock:
  • 1. According to Zacks Investment Research, "Target is trying all means to rapidly adapt to the changing retail ecosystem. The company is deploying resources to enhance omni-channel capacities, come up with new brands, remodel or refurbish stores and expand same-day delivery options to expedite the shopping process. All these bode well for the stock that has outpaced the industry in the past three months and continued with its upbeat top-line performance in first-quarter fiscal 2018 as well. However, bottom line missed the consensus mark for the second quarter in row but managed to score year-over-year growth, despite rise in cost of sales and SG&A expenses. Analysts pointed that incremental investments, higher wages and rise in costs due to new fulfillment options may weigh on margins to an extent. Nevertheless, it is better to face short-term impediments in order to attain the long-term goals. Meanwhile, Target maintained its fiscal 2018 view, which looks quite encouraging." (8/7/2018)
  • 2. Guggenheim analysts commented, "We believe Target made great strides improving its omni-channel offering in its 2017 ‘investment year’ in which operating margins contracted over 100bps to 6%. While we expect greater OM stability in 2018, and are encouraged by an improved top-line/traffic result in 1Q, we see continued investment pressuring margin in ’18 on as TGT accelerates its strategy. We remain NEUTRAL. Sales increased 3.5% to $16.56bn (vs. our $16.4bn est) on a stronger-than-expected 3.0% comp increase (vs. our 2.0%). The comp was led by a strong 3.7% increase in traffic, the strongest quarterly performance in >10 years, following a solid 3.2% traffic increase in the fourth quarter. Digital sales rose 28% in 1Q, ~in-line with the pace of growth in 4Q, and contributed 1.1% of the comp increase (stores contributed 1.9% to the comp)." (5/23/2018)

Who are some of Target's key competitors?

Who are Target's key executives?

Target's management team includes the folowing people:
  • Mr. Brian C. Cornell, Chairman & CEO (Age 59)
  • Ms. Catherine R. Smith, Exec. VP & CFO (Age 54)
  • Mr. John J. Mulligan, Exec. VP & COO (Age 52)
  • Mr. Michael Edward McNamara, Exec. VP and Chief Information & Digital Officer (Age 53)
  • Ms. Janna Adair Potts, Exec. VP & Chief Stores Officer (Age 50)

Has Target been receiving favorable news coverage?

Media headlines about TGT stock have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Target earned a news and rumor sentiment score of 0.10 on Accern's scale. They also gave news stories about the retailer an impact score of 46.46 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Target.

Who are Target's major shareholders?

Target's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.02%), Bank of New York Mellon Corp (1.78%), LSV Asset Management (1.41%), American Century Companies Inc. (1.06%), Morgan Stanley (0.92%) and Dimensional Fund Advisors LP (0.80%). Company insiders that own Target stock include Anne M Mulcahy, Cathy R Smith, Don H Liu, Donald R Knauss, Hourigan Rice Jacqueline, Janna A Potts, John J Mulligan, Laysha Ward, Robert M Harrison, Roxanne S Austin and Stephanie A Lundquist. View Institutional Ownership Trends for Target.

Which major investors are selling Target stock?

TGT stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Morgan Stanley, CIBC World Markets Inc., Federated Investors Inc. PA, Miller Howard Investments Inc. NY, Schroder Investment Management Group, Natixis and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp. Company insiders that have sold Target company stock in the last year include Don H Liu, Hourigan Rice Jacqueline, Janna A Potts, John J Mulligan, Laysha Ward, Robert M Harrison, Roxanne S Austin and Stephanie A Lundquist. View Insider Buying and Selling for Target.

Which major investors are buying Target stock?

TGT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of Montreal Can, Tyvor Capital LLC, Chevy Chase Trust Holdings Inc., Millennium Management LLC, First Republic Investment Management Inc., Gateway Investment Advisers LLC and Argent Capital Management LLC. Company insiders that have bought Target stock in the last two years include Cathy R Smith, Don H Liu and Donald R Knauss. View Insider Buying and Selling for Target.

How do I buy shares of Target?

Shares of TGT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Target's stock price today?

One share of TGT stock can currently be purchased for approximately $83.04.

How big of a company is Target?

Target has a market capitalization of $44.10 billion and generates $71.88 billion in revenue each year. The retailer earns $2.93 billion in net income (profit) each year or $4.71 on an earnings per share basis. Target employs 345,000 workers across the globe.

How can I contact Target?

Target's mailing address is 1000 NICOLLET MALL, MINNEAPOLIS MN, 55403. The retailer can be reached via phone at 612-304-6073 or via email at [email protected]


MarketBeat Community Rating for Target (NYSE TGT)

Community Ranking:  4.4 out of 5 (star star star star)
Outperform Votes:  6,772 (Thanks for Voting!)
Underperform Votes:  1,011 (Thanks for Voting!)
Total Votes:  7,783
MarketBeat's community ratings are surveys of what our community members think about Target and other stocks. Vote "Outperform" if you believe TGT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TGT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2018 by MarketBeat.com Staff

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