Stock of Target Corp (TGT) performance and profitability takes another direction

Target Corp [TGT] stock prices are up 1.02% to $150.04 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TGT shares have lost -0.09% over the last week, with a monthly amount drifted -0.24%, and not 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 October 22, 2024, when Bernstein initiated its Mkt Perform rating and assigned the stock a price target of $168. Previously, Daiwa Securities upgraded its rating to Outperform on August 26, 2024, and kept the price target unchanged to $170. On August 22, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $195 on the stock. Evercore ISI reiterated its In-line rating and increased its price target to $160 on August 22, 2024. Exane BNP Paribas started tracking with a Underperform rating for this stock on June 03, 2024, and assigned it a price target of $116. In a note dated May 23, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and revised its target price from $195 to $190.

The stock price of Target Corp [TGT] has been fluctuating between $105.23 and $181.86 over the past year. Currently, Wall Street analysts expect the stock to reach $178.12 within the next 12 months. Target Corp [NYSE: TGT] shares were valued at $150.04 at the most recent close of the market. An investor can expect a potential return of 18.72% based on the average TGT price forecast.

Analyzing the TGT fundamentals

The Target Corp [NYSE:TGT] reported sales of 107.30B for trailing twelve months, representing a surge of 2.74%. 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 148.51 points at the first support level, and at 146.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 151.14, and for the 2nd resistance point, it is at 152.25.

Ratios To Look Out For

It’s worth pointing out that Target Corp [NYSE:TGT]’s Current Ratio is 0.90. As well, the Quick Ratio is 0.27, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 0.64, the price to book ratio is 4.80 and price to earnings (TTM) ratio is 15.49.

Transactions by insiders

Recent insider trading involved Gomez Richard H., Executive Officer, that happened on Sep 27 ’24 when 6348.0 shares were sold. Officer, Gomez Richard H. completed a deal on Sep 27 ’24 to buy 6348.0 shares. Meanwhile, Chief Accounting Officer LIEGEL MATTHEW A sold 1000.0 shares on Aug 30 ’24.

Related Posts