In the latest trading session, 1.1 million Target Corp (NYSE:TGT) shares changed hands as the company’s beta touched 1.24. With the company’s most recent per share price at $148.45 changed hands at -$0.74 or -0.50% at last look, the market valuation stands at $68.39B. TGT’s current price is a discount, trading about -22.51% off its 52-week high of $181.86. The share price had its 52-week low at $105.23, which suggests the last value was 29.11% up since then. When we look at Target Corp’s average trading volume, we note the 10-day average is 3.2 million shares, with the 3-month average coming to 4.09 million.
Analysts gave the Target Corp (TGT) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.08. If we narrow down to specifics, the data shows that 0 out of 21 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended TGT as a Hold, 17 felt it is a Buy and 0 rated the stock as Underweight. Target Corp’s EPS for the current quarter is expected to be 2.3.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Target Corp (NYSE:TGT) trade information
Instantly TGT was in red as seen in intraday trades today. With action -6.56%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 4.23%, with the 5-day performance at -6.56% in the red. However, in the 30-day time frame, Target Corp (NYSE:TGT) is -4.95% down. Looking at the short shares, we see there were 15.44 million shares sold at short interest cover period of 4.17 days.
The consensus price target for the stock as assigned by Wall Street analysts is 180, meaning bulls need an upside of 17.53% from its recent market value. According to analyst projections, TGT’s forecast low is 80 with 265 as the target high. To hit the forecast high, the stock’s price needs a -78.51% plunge from its current level, while the stock would need to tank 46.11% for it to hit the projected low.
Target Corp (TGT) estimates and forecasts
Data shows that the Target Corp share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -10.22% over the past 6 months, a 6.60% in annual growth rate that is considerably higher than the industry average of 6.00%. Year-over-year growth is forecast to reach -0.60% down from the last financial year.
Consensus estimates given by 26 financial analysts project the company’s revenue in the current quarter to hit an average of 25.96B. 26 analysts are of the opinion that Target Corp’s revenue for the current quarter will be 30.85B. The estimates for the next quarter sales put growth at -3.40%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 10.17%. The 2024 estimates are for Target Corp earnings to increase by 6.98%, but the outlook for the next 5-year period is at 8.76% per year.
TGT Dividends
Target Corp is expected to release its next quarterly earnings report on 2024-Nov-20. The 2.98% annual yield figure for the share gives it an annual dividend of 4.42. It is important to note, however, that the 2.98% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.25 per year.
Target Corp (NYSE:TGT)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.23% of Target Corp shares while 82.94% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 83.13%. There are 82.94% institutions holding the Target Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 9.6318% of the shares, roughly 44.52 million TGT shares worth $6.59 billion.
STATE STREET CORP holds the second largest percentage of outstanding shares, with 7.086% or 32.75 million shares worth $4.85 billion as of 2024-06-30.
