With 4.05 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.81 million shares. During the session, the Discount Stores company that operates in wider Consumer Defensive sector, reached to the highest price of $140.36 whereas the lowest price it dropped to was $137.44. The 52-week range on TGT shows that it touched its highest point at $181.86 and its lowest point at $120.21 during that stretch. It currently has a 1-year price target of $143.20. With its current market cap of 63.19 billion, TGT has annualized dividend of $4.44 while the current yield stands at 3.22%. TGT paid its most recent dividend on 1732060800, while the ex-dividend date for that was 1732060800. Beta for the stock currently stands at 1.15.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TGT was up-trending over the past week, with a rise of 0.01%, but this was up by 2.12% over a month. Three-month performance dropped to -6.77% while six-month performance fell -8.31%. The stock lost -1.86% in the past year, while it has gained 2.02% so far this year. A look at the trailing 12-month EPS for TGT yields 9.44 with Next year EPS estimates of 9.27. For the next quarter, that number is 2.23. This implies an EPS growth rate of -3.05% for this year and 6.95% for next year. EPS is expected to grow by 4.67% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 10.17%.
Float and Shares Shorts:
At present, 459.24 million TGT shares are outstanding with a float of 457.07 million shares on hand for trading. On 2024-10-31, short shares totaled 13.98 million, which was 302.99999 higher than short shares on 1727654400. In addition to Mr. Brian C. Cornell as the firm’s Chairman of the Board & CEO, Mr. Michael J. Fiddelke serves as its Executive VP & COO.
Institutional Ownership:
Through their ownership of 0.85003996 of TGT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-08-03, TGT reported revenue of $25668000000.0 and operating income of $1168000000.0. The EBITDA in the recently reported quarter was $1950000000.0 and diluted EPS was $1.85.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TGT since 21 analysts follow the stock currently. There are 17 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TGT analysts setting a high price target of 170.0 and a low target of 103.0, the average target price over the next 12 months is 143.45438. Based on these targets, TGT could surge 23.27% to reach the target high and fall by -25.31% to reach the target low. Reaching the average price target will result in a growth of 4.02% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.63095 being high and $8.21041 being low. For TGT, this leads to a yearly average estimate of $8.38063. Based on analyst estimates, the high estimate for the next quarter is $2.42 and the low estimate is $1.81. The average estimate for the next quarter is thus $2.06.
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