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

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$66.84 -1.48 (-2.17 %)

(As of 12/11/2018 03:56 PM ET)

Previous Close$68.32

Today's Range$66.08 - $68.97

52-Week Range$60.80 - $90.39

Volume487,528 shs

Average Volume7.62 million shs

Market Capitalization$35.39 billion

P/E Ratio14.21

Dividend Yield3.78%

Beta0.71

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

Webwww.target.com

Phone612-304-6073

Debt

Debt-to-Equity Ratio1.10

Current Ratio0.83

Quick Ratio0.13

Price-To-Earnings

Trailing P/E Ratio14.21

Forward P/E Ratio12.40

P/E Growth2.11

Sales & Book Value

Annual Sales$71.88 billion

Price / Sales0.49

Cash Flow$9.1311 per share

Price / Cash Flow7.32

Book Value$21.54 per share

Price / Book3.10

Profitability

EPS (Most Recent Fiscal Year)$4.71

Net Income$2.93 billion

Net Margins4.31%

Return on Equity25.02%

Return on Assets6.99%

Miscellaneous

Employees345,000

Outstanding Shares521,830,000

Market Cap$35.39 billion

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 declared a quarterly dividend on Wednesday, September 19th. Investors of record on Wednesday, November 21st will be given a dividend of $0.64 per share on Monday, December 10th. This represents a $2.56 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend is Tuesday, November 20th. View Target's Dividend History.

How were Target's earnings last quarter?

Target Co. (NYSE:TGT) released its quarterly earnings data on Tuesday, November, 20th. The retailer reported $1.09 EPS for the quarter, missing analysts' consensus estimates of $1.11 by $0.02. The retailer had revenue of $17.59 billion for the quarter, compared to the consensus estimate of $17.81 billion. Target had a return on equity of 25.02% and a net margin of 4.31%. The firm's quarterly revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.91 EPS. View Target's Earnings History.

When is Target's next earnings date?

Target is scheduled to release their next quarterly earnings announcement on Tuesday, March 5th 2019. View Earnings Estimates for Target.

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

Target updated its FY19 earnings guidance on Tuesday, November, 20th. The company provided earnings per share guidance of $5.30-5.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.42. Target also updated its FY 2018 guidance to $5.30-5.50 EPS.

What price target have analysts set for TGT?

22 analysts have issued 12 month target prices for Target's stock. Their forecasts range from $60.00 to $110.00. On average, they anticipate Target's stock price to reach $87.9474 in the next twelve months. This suggests a possible upside of 31.4% from the stock's current price. View Analyst Price Targets for Target.

What is the consensus analysts' recommendation for Target?

22 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 10 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 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 has risen in line with the industry in a year's time with decent performance in third-quarter fiscal 2018. Notably, both the top and the bottom lines maintained the trend of year-over-year improvement. Although earnings missed, sales beat the consensus mark for the seventh quarter in a row. The quarter also witnessed healthy traffic growth and registered impressive comparable digital channel sales. Target kept its fiscal 2018 earnings view intact. Looking ahead, analysts anticipate that incremental investments, higher wages and rise in costs due to new fulfillment options may hurt margins. Nonetheless, we believe it is better to face short-term impediments to attain long-term goals." (11/26/2018)
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?

Headlines about TGT stock have been trending somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Target earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave news headlines about the retailer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.

Are investors shorting Target?

Target saw a increase in short interest in October. As of October 31st, there was short interest totalling 26,548,983 shares, an increase of 12.9% from the October 15th total of 23,522,049 shares. Based on an average trading volume of 4,905,206 shares, the short-interest ratio is currently 5.4 days. Currently, 5.1% of the company's shares are short sold. View Target's Current Options Chain.

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).

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)

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. (7.96%), Vanguard Group Inc. (7.28%), AQR Capital Management LLC (1.99%), Dodge & Cox (1.68%), Dodge & Cox (1.68%) and Bank of New York Mellon Corp (1.42%). Company insiders that own Target stock include 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 Dodge & Cox, Dodge & Cox, Franklin Resources Inc., Capital Research Global Investors, Bank of New York Mellon Corp, American Century Companies Inc., BlackRock Inc. and Mitsubishi UFJ Trust & Banking Corp. Company insiders that have sold Target company stock in the last year include Don H Liu, 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 bought by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Swedbank, OppenheimerFunds Inc., Robeco Institutional Asset Management B.V., Robeco Institutional Asset Management B.V., JPMorgan Chase & Co., FMR LLC and Wedge Capital Management L L P NC. 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 $66.92.

How big of a company is Target?

Target has a market capitalization of $35.39 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.

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:		6,904 (Vote Outperform)
Underperform Votes:		1,110 (Vote Underperform)
Total Votes:		8,014

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 12/11/2018 by MarketBeat.com Staff

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