Target Stock Price on April 10, 2024
| TGT Stock | USD 160.98 2.75 1.68% |
Below is the normalized historical share price chart for Target extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Target stands at 160.98, as last reported on the 1st of May, with the highest price reaching 162.63 and the lowest price hitting 160.42 during the day.
If you're considering investing in Target Stock, it is important to understand the factors that can impact its price. Target appears to be very steady, given 3 months investment horizon. Target owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Target, which you can use to evaluate the volatility of the company. Please review Target's Semi Deviation of 1.07, risk adjusted performance of 0.0758, and Coefficient Of Variation of 929.72 to confirm if our risk estimates are consistent with your expectations.
At this time, Target's Common Stock Shares Outstanding is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 48.6 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 3.6 B in 2024. . At this time, Target's Price To Sales Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 10.52 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.16 in 2024. Target Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of April 1983 | 200 Day MA 137.2657 | 50 Day MA 165.2468 | Beta 1.151 |
Target |
Sharpe Ratio = 0.1033
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | TGT | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Target is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Target by adding it to a well-diversified portfolio.
Price Book 5.7099 | Enterprise Value Ebitda 10.7601 | Price Sales 0.714 | Shares Float 460.2 M | Dividend Share 4.36 |
Target Main Headline on 10th of April 2024
In the most recent trading session, Target closed at 171.62, indicating a -0.01 percent shift from the previous trading day.
Target Valuation on April 10, 2024
It is possible to determine the worth of Target on a given historical date. On April 10, 2024 Target was worth 169.9 at the beginning of the trading date compared to the closed value of 171.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Target stock. Still, in general, we apply an absolute valuation method to find Target's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Target where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Target's related companies.
| Open | High | Low | Close | Volume | |
| 170.00 | 171.74 | 169.26 | 171.63 | 1,847,129 | |
04/10/2024 | 169.90 | 171.86 | 168.75 | 171.62 | 2,148,718 |
| 172.79 | 173.05 | 170.39 | 171.33 | 2,248,121 |
| Backtest Target | | | Target History | | | Target Valuation | Previous | Next |
Target Trading Date Momentum on April 10, 2024
| On April 11 2024 Target was traded for 171.33 at the closing time. Highest Target's price during the trading hours was 173.05 and the lowest price during the day was 170.39 . The net volume was 2.2 M. The overall trading history on the 11th of April 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.17% . The trading price change to current price is 1.67% . |
Target Fundamentals Correlations and Trends
By evaluating Target's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Target's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Target financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Target Stock history
Target investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Target is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Target will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Target stock prices may prove useful in developing a viable investing in Target
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 462.8 M | 654.2 M | |
| Net Income Applicable To Common Shares | 3.2 B | 3.4 B |
Target Stock Technical Analysis
Target technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Target Period Price Range
Low | April 10, 2024
| High |
169.90 | 171.62 |
Target May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Target stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Target shares will generate the highest return on investment. By undertsting and applying Target stock market strength indicators, traders can identify Target entry and exit signals to maximize returns
| Accumulation Distribution | 38883.47 | |||
| Daily Balance Of Power | 0.5531 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 170.31 | |||
| Day Typical Price | 170.74 | |||
| Price Action Indicator | 2.17 | |||
| Period Momentum Indicator | (10.64) | |||
| Relative Strength Index | 44.87 |
Target Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Target's price direction in advance. Along with the technical and fundamental analysis of Target Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Target to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0758 | |||
| Jensen Alpha | 0.1624 | |||
| Total Risk Alpha | 0.0508 | |||
| Sortino Ratio | 0.1298 | |||
| Treynor Ratio | 0.2395 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more information on how to buy Target Stock please use our How to Invest in Target guide.Note that the Target information on this page should be used as a complementary analysis to other Target's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Target Stock analysis
When running Target's price analysis, check to measure Target's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Stocks Directory Find actively traded stocks across global markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Target's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Target. If investors know Target will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Target listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.574 | Dividend Share 4.36 | Earnings Share 8.94 | Revenue Per Share 232.745 | Quarterly Revenue Growth 0.017 |
The market value of Target is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target's value that differs from its market value or its book value, called intrinsic value, which is Target's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Target's market value can be influenced by many factors that don't directly affect Target's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.