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

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$87.38 +0.22 (+0.25 %)
(As of 09/20/2018 04:00 PM ET)
Previous Close$87.16
Today's Range$86.72 - $87.64
52-Week Range$54.04 - $90.39
Volume3.02 million shs
Average Volume5.45 million shs
Market Capitalization$46.15 billion
P/E Ratio18.52
Dividend Yield2.92%
Beta0.69
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 Ratio1.09
Current Ratio0.82
Quick Ratio0.17

Price-To-Earnings

Trailing P/E Ratio18.52
Forward P/E Ratio16.27
P/E Growth2.43

Sales & Book Value

Annual Sales$71.88 billion
Price / Sales0.64
Cash Flow$9.2368 per share
Price / Cash9.46
Book Value$21.22 per share
Price / Book4.12

Profitability

EPS (Most Recent Fiscal Year)$4.71
Net Income$2.93 billion
Net Margins4.19%
Return on Equity24.29%
Return on Assets6.92%

Miscellaneous

Employees345,000
Outstanding Shares526,350,000
Market Cap$46.15 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 declared a quarterly dividend on Wednesday, September 19th. Stockholders of record on Wednesday, November 21st will be paid a dividend of $0.64 per share on Monday, December 10th. This represents a $2.56 annualized dividend and a dividend yield of 2.93%. 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) announced its quarterly earnings data on Wednesday, August, 22nd. The retailer reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.07. The retailer had revenue of $17.78 billion for the quarter, compared to analysts' expectations of $17.33 billion. Target had a return on equity of 24.29% and a net margin of 4.19%. The company's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.23 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, November, 21st 2018. View Earnings Estimates for Target.

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

Target issued an update on its FY19 earnings guidance on Wednesday, August, 22nd. The company provided earnings per share guidance of $5.30-5.50 for the period, compared to the Thomson Reuters consensus estimate of $5.30. Target also updated its Q3 guidance to $1.00-1.20 EPS.

What price target have analysts set for TGT?

21 equities research analysts have issued 12 month price objectives for Target's shares. Their predictions range from $64.00 to $102.00. On average, they expect Target's stock price to reach $87.9412 in the next twelve months. This suggests a possible upside of 0.6% from the stock's current price. 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, 14 hold ratings and 6 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. 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)
  • 2. 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)

Are investors shorting Target?

Target saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 23,780,809 shares, a decline of 14.6% from the August 15th total of 27,857,055 shares. Based on an average trading volume of 6,410,456 shares, the short-interest ratio is currently 3.7 days. Currently, 4.5% of the shares of the stock are short sold. View Target's Current Options Chain.

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 on Thursday, Accern Sentiment reports. Accern rates the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Target earned a news impact score of 0.18 on Accern's scale. They also gave media headlines about the retailer an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Target.

Who are Target's major shareholders?

Target's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.02%), Bank of New York Mellon Corp (1.78%), Bank of New York Mellon Corp (1.78%), Northern Trust Corp (1.45%), LSV Asset Management (1.41%) and American Century Companies Inc. (1.06%). 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 institutional 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, Schroder Investment Management Group and Natixis. 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 institutional investors are buying Target stock?

TGT stock was bought 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 $87.38.

How big of a company is Target?

Target has a market capitalization of $46.15 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:  4.3 out of 5 (star star star star)
Outperform Votes:  6,826 (Vote Outperform)
Underperform Votes:  1,055 (Vote Underperform)
Total Votes:  7,881
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 9/20/2018 by MarketBeat.com Staff

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