Target Corp (NYSE:TGT)’s traded shares stood at 1.07 million during the latest session, with the company’s beta value hitting 1.26. At the last check today, the stock’s price was $96.90, to imply an increase of 0.21% or $0.2 in intraday trading. The TGT share’s 52-week high remains $167.40, putting it -72.76% down since that peak but still an impressive 9.86% since price per share fell to its 52-week low of $87.35. The company has a valuation of $44.03B, with an average of 6.62 million shares in intraday trading volume over the past 10 days and average of 8.07 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Target Corp (TGT), translating to a mean rating of 2.39. Of 21 analyst(s) looking at the stock, 0 analyst(s) give TGT a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 17 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 1.77.
Target Corp (NYSE:TGT) trade information
After registering a 0.21% upside in the latest session, Target Corp (TGT) has traded red over the past five days. The 5-day price performance for the stock is 1.67%, and -7.21% over 30 days. With these gigs, the year-to-date price performance is -28.32%. Short interest in Target Corp (NYSE:TGT) saw shorts transact 16.43 million shares and set a 1.63 days time to cover.
The extremes give us $120 and $195 for target low and target high price respectively. As such, TGT has been trading -101.24% off suggested target high and -23.84% from its likely low.
Target Corp (TGT) estimates and forecasts
The rating firms project that company’s revenue will grow 1.01% compared to the previous financial year.
Revenue forecast for the current quarter as set by 26 analysts is 24.54B. Meanwhile, for the current quarter, a total of 26 analyst(s) estimate revenue growth to 25.64B.Earnings reports from the last fiscal year show that sales brought in 24.53B and 25.45B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 0.02% before jumping 0.75% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 6.84% for the past 5-year period. While 2025 is set for a -0.97% return in earnings, projections for the next 5 years are at 5.45% annually.
TGT Dividends
Target Corp has its next earnings report out on 2025-Mar-03. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Target Corp has a forward dividend ratio of 4.46, with the share yield ticking at 4.60% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.39%.
Target Corp (NYSE:TGT)’s Major holders
Target Corp insiders hold 0.25% of total outstanding shares, with institutional holders owning 84.03% of the shares at 84.24% float percentage. In total, 84.03% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 44.52 million shares (or 9.6255% of shares), all amounting to roughly $6.59 billion.
The next major institution holding the largest number of shares is STATE STREET CORP with 32.75 million shares, or about 7.0814% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $4.85 billion.
