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

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$78.53 +0.21 (+0.27 %)

(As of 03/26/2019 08:37 AM ET)

Previous Close$78.32

Today's Range$78.05 - $79.28

52-Week Range$60.15 - $90.39

Volume2.91 million shs

Average Volume5.69 million shs

Market Capitalization$40.55 billion

P/E Ratio14.57

Dividend Yield3.27%

Beta0.66

Target 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

Current SymbolNYSE:TGT

Previous Symbol

CUSIP87612E10

CIK27419

Webwww.target.com

Phone612-304-6073

Debt

Debt-to-Equity Ratio1.08

Current Ratio0.83

Quick Ratio0.20

Price-To-Earnings

Trailing P/E Ratio14.57

Forward P/E Ratio13.56

P/E Growth2.15

Sales & Book Value

Annual Sales$75.36 billion

Price / Sales0.54

Cash Flow$10.2788 per share

Price / Cash Flow7.64

Book Value$21.65 per share

Price / Book3.63

Profitability

EPS (Most Recent Fiscal Year)$5.39

Net Income$2.94 billion

Net Margins3.90%

Return on Equity25.74%

Return on Assets7.03%

Miscellaneous

Employees360,000

Outstanding Shares516,330,000

Market Cap$40.55 billion

Next Earnings Date5/22/2019 (Estimated)

OptionableOptionable

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 Thursday, March 14th. Stockholders of record on Wednesday, May 15th will be paid a dividend of $0.64 per share on Monday, June 10th. This represents a $2.56 annualized dividend and a dividend yield of 3.26%. The ex-dividend date is Tuesday, May 14th. View Target's Dividend History.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) announced its quarterly earnings data on Tuesday, March, 5th. The retailer reported $1.53 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.52 by $0.01. The retailer earned $22.98 billion during the quarter, compared to analysts' expectations of $23.05 billion. Target had a net margin of 3.90% and a return on equity of 25.74%. The company's revenue was up .0% on a year-over-year basis. During the same quarter last year, the firm posted $1.37 earnings per share. View Target's Earnings History.

When is Target's next earnings date?

Target is scheduled to release their next quarterly earnings announcement on Wednesday, May 22nd 2019. View Earnings Estimates for Target.

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

Target updated its FY20 earnings guidance on Tuesday, March, 5th. The company provided EPS guidance of $5.75-6.05 for the period, compared to the Thomson Reuters consensus estimate of $5.61. Target also updated its FY 2019 guidance to $5.75-6.05 EPS.

What price target have analysts set for TGT?

24 equities research analysts have issued 12 month target prices for Target's stock. Their predictions range from $60.00 to $110.00. On average, they anticipate Target's share price to reach $87.3150 in the next twelve months. This suggests a possible upside of 11.2% from the stock's current price. View Analyst Price Targets for Target.

What is the consensus analysts' recommendation for Target?

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Target in the last year. There are currently 1 sell rating, 11 hold ratings and 12 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, "Shares of Target have risen and outpaced the industry in the past three months. Certainly, the company is trying to adapt fast with the changing retail ecosystem. The company is deploying resources to enhance omni-channel capacities, come up with new brands, remodel stores and expand same-day delivery options. All these bode well for the stock that showed decent performance in fourth-quarter fiscal 2018. Both the top and bottom lines continued to improve year over year. The quarter also witnessed healthy traffic growth and registered impressive comparable digital channel sales. Target also provided upbeat view with fiscal 2019 earnings likely to be up from the prior year. Management now anticipates comps growth of low-to-mid-single digit during the both first quarter and fiscal year. Looking ahead, analysts anticipate that incremental investments, higher wages and rise in costs due to new fulfillment options may hurt margins." (3/8/2019)
2. Guggenheim analysts commented, "We remain NEUTRAL. Sales increased 7.0% to $17.55bn (vs. our $16.96bn est), on a stronger-than-expected 6.5% comp increase (vs. our +3.0%). The comp was led by a 6.4% increase in traffic, the strongest performance since Target began reporting the metric in 2008, and follows 4% growth in 1Q. Gains have been led by improvements in ‘frequency’ categories, particularly essentials (food/beverage accelerated for a 6th straight quarter), in addition to e-comm. Digital sales rose 41%, aided by a successful one-day sale event in July, and contributed 1.5% of the comp increase. Impressively, stores were responsible for the large majority of comp growth (4.9%). In 1H18, comps rose 4.8%; with trends remaining strong through the back-to-school period, we raise our forecast for to 2H to nearly 4% comps (from +LSD%)." (8/22/2018)

Has Target been receiving favorable news coverage?

News headlines about TGT stock have trended somewhat negative on Tuesday, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Target earned a coverage optimism score of -1.4 on InfoTrie's scale. They also gave media coverage about the retailer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term.

Who are some of Target's key competitors?

Some companies that are related to Target include Costco Wholesale (COST), Wal-mart de Mexico S A B de C V (WMMVY), Dollar General (DG), Tesco (TSCDY), Dollar Tree (DLTR), Five Below (FIVE), Ollie's Bargain Outlet (OLLI), BJs Wholesale Club (BJ), PriceSmart (PSMT), Big Lots (BIG), Tuesday Morning (TUES) and Fred's (FRED).

What other stocks do shareholders of Target own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Target investors own include Walmart (wmt), AT&T (T), Intel (intc), General Electric (GE), Johnson & Johnson (jnj), Netflix (NFLX), Verizon Communications (VZ), Home Depot (hd), Cisco Systems (CSCO) and Alibaba Group (BABA).

Who are Target's key executives?

Target's management team includes the folowing people:

Mr. Brian C. Cornell, Chairman & CEO (Age 60)
Ms. Catherine R. Smith, Exec. VP & CFO (Age 55)
Mr. John J. Mulligan, Exec. VP & COO (Age 53)
Mr. Michael Edward McNamara, Exec. VP & Chief Information Officer (Age 54)
Ms. Janna Adair Potts, Exec. VP & Chief Stores Officer (Age 51)

Who are Target's major shareholders?

Target's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.28%), Oregon Public Employees Retirement Fund (3.54%), LSV Asset Management (1.38%), Northern Trust Corp (1.36%), Geode Capital Management LLC (1.34%) and Bank of New York Mellon Corp (1.33%). Company insiders that own Target stock include Cathy R Smith, 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 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 Two Sigma Advisers LP, American Century Companies Inc., O Shaughnessy Asset Management LLC, FMR LLC, Bank of New York Mellon Corp, First Trust Advisors LP, MUFG Securities EMEA plc and MUFG Securities EMEA plc. Company insiders that have sold Target company stock in the last year include Cathy R Smith, Don H Liu, Janna A Potts, John J Mulligan, Laysha Ward and Stephanie A Lundquist. View Insider Buying and Selling for Target.

Which major investors are buying Target stock?

TGT stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, Boston Partners, Nordea Investment Management AB, BlackRock Inc., Bank of Montreal Can, APG Asset Management N.V. and Dimensional Fund Advisors LP. 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 $78.53.

How big of a company is Target?

Target has a market capitalization of $40.55 billion and generates $75.36 billion in revenue each year. The retailer earns $2.94 billion in net income (profit) each year or $5.39 on an earnings per share basis. Target employs 360,000 workers across the globe.

What is Target's official website?

The official website for Target is http://www.target.com.

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:		4.3 out of 5 ( )
Outperform Votes:		6,968 (Vote Outperform)
Underperform Votes:		1,168 (Vote Underperform)
Total Votes:		8,136

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 3/26/2019 by MarketBeat.com Staff