Target Corp (TGT) Stock Short-term Performance Analysis

Currently, Target Corp [TGT] is trading at $158.50, up 1.07%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TGT shares have gain 10.04% over the last week, with a monthly amount glided 8.35%, and seem to be holding up well over a long-time horizon.

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

From an analyst’s perspective:

Target Corp [NYSE: TGT] stock has seen the most recent analyst activity on August 22, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $195 from $190. Previously, Evercore ISI reaffirmed its In-line rating on August 22, 2024, and elevated its price target to $160. Exane BNP Paribas started tracking the stock assigning a Underperform rating and suggested a price target of $116 on June 03, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and reduced its price target to $190 on May 23, 2024. Citigroup upgraded its rating to Buy for this stock on May 07, 2024, but kept the price target unchanged to $180. In a note dated April 04, 2024, Gordon Haskett reiterated an Buy rating on this stock and boosted its target price from $200 to $220.

This stock has fluctuated between a low of $102.93 and a high of $181.86 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $178.28 within the next 12 months. Target Corp [NYSE: TGT] shares were valued at $158.50 at the most recent close of the market. An investor can expect a potential return of 12.48% based on the average TGT price forecast.

Analyzing the TGT fundamentals

Trailing Twelve Months sales for Target Corp [NYSE:TGT] were 107.30B which represents 2.74% growth. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.33 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.06.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 156.95 points at the first support level, and at 155.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 159.83, and for the 2nd resistance point, it is at 161.17.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Target Corp [NYSE:TGT] is 0.90. Further, the Quick Ratio stands at 0.27, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 5.07 and price to earnings (TTM) ratio is 16.37.

Transactions by insiders

Recent insider trading involved LIU DON H, Executive Officer, that happened on Aug 22 ’24 when 6250.0 shares were sold. Officer, LIU DON H completed a deal on Aug 22 ’24 to buy 6250.0 shares. Meanwhile, Executive Officer Cornell Brian C sold 45000.0 shares on Jun 04 ’24.

Related Posts