Target Corp (NYSE:TGT) has a beta value of 1.17 and has seen 0.7 million shares traded in the recent trading session. The company, currently valued at $72.75B, closed the recent trade at $157.58 per share which meant it lost -$3.4 on the day or -2.12% during that session. The TGT stock price is -15.41% off its 52-week high price of $181.86 and 34.68% above the 52-week low of $102.93. The 3-month trading volume is 3.79 million shares.
Target Corp (NYSE:TGT) trade information
Sporting -2.12% in the red today, the stock has traded in the red over the last five days, when the TGT stock price touched $157.58 or saw a rise of 5.23%. Year-to-date, Target Corp shares have moved 10.64%, while the 5-day performance has seen it change -4.70%. Over the past 30 days, the shares of Target Corp (NYSE:TGT) have changed -10.59%.
Target Corp (TGT) estimates and forecasts
Figures show that Target Corp shares have underperformed across the wider relevant industry. The company’s shares have gained 45.00% over the past 6 months, with this year growth rate of 5.03%, compared to 9.50% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -1.50% and 22.20% for the next quarter. Revenue growth from the last financial year stood is estimated to be -0.20%.
22 analysts offering their estimates for the company have set an average revenue estimate of $24.51 billion for the current quarter. 22 have an estimated revenue figure of $25.31 billion for the next quarter concluding in Jul 2024.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 10.17% over the past 5 years. Earnings growth for 2024 is a modest 5.18% while over the next 5 years, the company’s earnings are expected to increase by 18.34%.
TGT Dividends
Target Corp is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 4.38 at a share yield of 2.78%. The company’s dividend yield has gone up over the past 12 months.
