Target Corp (TGT) concluded trading on Thursday at a closing price of $137.25, with 6.5 million shares of worth about $891.66 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.66% during that period and on January 23, 2025 the price saw a gain of about 1.09%. Currently the company’s common shares owned by public are about 459.24M shares, out of which, 457.09M shares are available for trading.
Stock saw a price change of 2.02% in past 5 days and over the past one month there was a price change of 5.23%. Year-to-date (YTD), TGT shares are showing a performance of 1.53% which decreased to -2.22% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $120.21 but also hit the highest price of $181.86 during that period. The average intraday trading volume for Target Corp shares is 6.66 million. The stock is currently trading 0.74% above its 20-day simple moving average (SMA20), while that difference is up 0.46% for SMA50 and it goes to -7.45% lower than SMA200.
Target Corp (NYSE: TGT) currently have 459.24M outstanding shares and institutions hold larger chunk of about 83.89% of that.
The stock has a current market capitalization of $62.89B and its 3Y-monthly beta is at 1.14. PE ratio of stock for trailing 12 months is 14.54, while it has posted earnings per share of $9.44 in the same period. Its PEG reads 2.42 and has Quick Ratio of 0.25 while making debt-to-equity ratio of 1.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TGT, volatility over the week remained 2.53% while standing at 2.48% over the month.
Analysts are in expectations that Target Corp (TGT) stock would likely to be making an EPS of 2.65 in the current quarter, while forecast for next quarter EPS is 2.25 and it is 9.26 for next year. For the current quarter EPS, analysts have given the company a lowest target 2.3 which is 2.98 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 2.98 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -3.06% while it is estimated to increase by 6.87% in next year. EPS is likely to shrink at an annualized rate of 6.00% for next 5-years, compared to annual growth of 10.17% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Daiwa Securities on November 26, 2024 offering a Neutral rating for the stock and assigned a target price range of between $170 and $130 to it. Coverage by Telsey Advisory Group stated Target Corp (TGT) stock as an Outperform in their note to investors on November 21, 2024, suggesting a price target of $150 for the stock. On November 20, 2024, HSBC Securities Downgrade their recommendations, while on November 20, 2024, Deutsche Bank Downgrade their ratings for the stock with a price target of $108. Stock get a Neutral rating from Citigroup on November 20, 2024.
