Target Stock Z Score

TGT Stock

USD 166.51 0.60 0.36%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Target Piotroski F Score and Target Valuation analysis.

For more information on how to buy Target Stock please use our How to Invest in Target guide.

Change In Working Capital is likely to gain to about 1.1 B in 2024, whereas Capital Surpluse is likely to drop slightly above 5.8 B in 2024. At this time, Target's Cost Of Revenue is comparatively stable compared to the past year. Net Income is likely to gain to about 4.3 B in 2024, whereas Gross Profit is likely to drop slightly above 16.3 B in 2024.

Target Company Z Score Analysis

Target's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Target Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Target is extremely important. It helps to project a fair market value of Target Stock properly, considering its historical fundamentals such as Z Score. Since Target's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Target's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Target's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Current Deferred Revenue	Good Will	Intangible Assets	Short Term Investments	Net Tangible Assets	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Property Plant Equipment	Cash And Equivalents	Net Invested Capital	Long Term Investments	Short Long Term Debt	Net Working Capital	Capital Stock
Total Assets		0.82	0.53	0.48	0.17	0.98	0.92	0.17	0.82	-0.79	0.19	0.26	0.13	0.23	-0.19	0.31	0.46	0.55	0.51	-0.51	0.54	0.02	0.38	0.42	0.19	0.02	-0.19
Total Stockholder Equity	0.82		0.46	0.88	0.28	0.69	0.7	0.29	0.43	-0.41	0.23	-0.18	-0.01	0.01	0.23	0.12	0.25	0.09	0.2	-0.05	0.31	-0.08	0.01	0.02	0.07	0.2	0.1
Net Debt	0.53	0.46		0.38	0.3	0.5	0.37	0.69	0.24	-0.32	-0.22	0.29	0.04	-0.3	-0.33	0.62	0.68	0.32	0.62	-0.28	0.67	0.67	0.5	0.45	0.16	-0.53	-0.68
Retained Earnings	0.48	0.88	0.38		0.44	0.3	0.4	0.39	0.02	0.05	0.16	-0.46	-0.13	-0.18	0.58	0.13	0.18	-0.36	0.03	0.33	0.19	-0.03	-0.17	-0.2	-0.05	0.29	0.2
Net Receivables	0.17	0.28	0.3	0.44		0.11	0.2	0.47	-0.06	0.18	-0.11	-0.25	0.03	-0.25	0.33	0.33	0.23	-0.38	0.11	0.3	0.17	0.1	-0.03	-0.07	-0.1	0.05	0.03
Total Liab	0.98	0.69	0.5	0.3	0.11		0.92	0.12	0.9	-0.86	0.16	0.4	0.17	0.29	-0.32	0.35	0.49	0.67	0.58	-0.63	0.58	0.06	0.48	0.52	0.22	-0.05	-0.28
Total Current Assets	0.92	0.7	0.37	0.4	0.2	0.92		0.14	0.86	-0.73	0.29	0.29	-0.02	0.5	-0.14	0.34	0.42	0.51	0.43	-0.58	0.48	-0.01	0.49	0.52	0.21	0.23	-0.24
Short Term Debt	0.17	0.29	0.69	0.39	0.47	0.12	0.14		-0.16	0.09	-0.19	0.02	-0.42	-0.17	-0.12	0.36	0.42	0.02	0.25	0.02	0.45	0.58	0.39	0.32	0.45	-0.21	-0.5
Accounts Payable	0.82	0.43	0.24	0.02	-0.06	0.9	0.86	-0.16		-0.91	0.26	0.58	0.17	0.52	-0.4	0.17	0.26	0.75	0.44	-0.82	0.41	-0.12	0.5	0.58	0.2	0.03	-0.27
Common Stock	-0.79	-0.41	-0.32	0.05	0.18	-0.86	-0.73	0.09	-0.91		-0.17	-0.62	-0.25	-0.36	0.63	-0.02	-0.14	-0.85	-0.31	0.83	-0.27	0.11	-0.39	-0.46	-0.22	0.17	0.25
Current Deferred Revenue	0.19	0.23	-0.22	0.16	-0.11	0.16	0.29	-0.19	0.26	-0.17		0.14	0.15	0.61	0.12	-0.34	-0.17	0.14	-0.07	-0.25	-0.07	-0.24	0.14	0.18	0.25	0.38	0.09
Good Will	0.26	-0.18	0.29	-0.46	-0.25	0.4	0.29	0.02	0.58	-0.62	0.14		0.05	0.43	-0.73	0.04	0.18	0.81	0.33	-0.86	0.35	0.15	0.66	0.73	0.48	-0.4	-0.65
Intangible Assets	0.13	-0.01	0.04	-0.13	0.03	0.17	-0.02	-0.42	0.17	-0.25	0.15	0.05		-0.3	-0.06	0.1	0.03	0.07	0.16	-0.09	-0.01	-0.07	-0.15	-0.12	-0.51	-0.27	0.13
Short Term Investments	0.23	0.01	-0.3	-0.18	-0.25	0.29	0.5	-0.17	0.52	-0.36	0.61	0.43	-0.3		-0.2	-0.18	-0.04	0.48	0.01	-0.59	0.07	-0.16	0.5	0.54	0.41	0.51	-0.19
Net Tangible Assets	-0.19	0.23	-0.33	0.58	0.33	-0.32	-0.14	-0.12	-0.4	0.63	0.12	-0.73	-0.06	-0.2		-0.01	-0.12	-0.85	-0.24	0.73	-0.14	-0.29	-0.48	-0.51	-0.33	0.55	0.57
Long Term Debt	0.31	0.12	0.62	0.13	0.33	0.35	0.34	0.36	0.17	-0.02	-0.34	0.04	0.1	-0.18	-0.01		0.89	0.05	0.76	-0.1	0.76	0.72	0.56	0.47	-0.17	-0.17	-0.58
Long Term Debt Total	0.46	0.25	0.68	0.18	0.23	0.49	0.42	0.42	0.26	-0.14	-0.17	0.18	0.03	-0.04	-0.12	0.89		0.28	0.92	-0.19	0.92	0.75	0.7	0.64	0.11	-0.22	-0.67
Capital Surpluse	0.55	0.09	0.32	-0.36	-0.38	0.67	0.51	0.02	0.75	-0.85	0.14	0.81	0.07	0.48	-0.85	0.05	0.28		0.45	-0.91	0.4	0.17	0.65	0.72	0.45	-0.32	-0.56
Deferred Long Term Liab	0.51	0.2	0.62	0.03	0.11	0.58	0.43	0.25	0.44	-0.31	-0.07	0.33	0.16	0.01	-0.24	0.76	0.92	0.45		-0.36	0.93	0.67	0.71	0.69	0.16	-0.35	-0.66
Accumulated Depreciation	-0.51	-0.05	-0.28	0.33	0.3	-0.63	-0.58	0.02	-0.82	0.83	-0.25	-0.86	-0.09	-0.59	0.73	-0.1	-0.19	-0.91	-0.36		-0.36	-0.14	-0.71	-0.75	-0.37	0.17	0.6
Property Plant Equipment	0.54	0.31	0.67	0.19	0.17	0.58	0.48	0.45	0.41	-0.27	-0.07	0.35	-0.01	0.07	-0.14	0.76	0.92	0.4	0.93	-0.36		0.67	0.79	0.75	0.31	-0.22	-0.7
Cash And Equivalents	0.02	-0.08	0.67	-0.03	0.1	0.06	-0.01	0.58	-0.12	0.11	-0.24	0.15	-0.07	-0.16	-0.29	0.72	0.75	0.17	0.67	-0.14	0.67		0.66	0.51	0.14	-0.39	-0.8
Net Invested Capital	0.38	0.01	0.5	-0.17	-0.03	0.48	0.49	0.39	0.5	-0.39	0.14	0.66	-0.15	0.5	-0.48	0.56	0.7	0.65	0.71	-0.71	0.79	0.66		0.95	0.45	-0.11	-0.89
Long Term Investments	0.42	0.02	0.45	-0.2	-0.07	0.52	0.52	0.32	0.58	-0.46	0.18	0.73	-0.12	0.54	-0.51	0.47	0.64	0.72	0.69	-0.75	0.75	0.51	0.95		0.44	-0.14	-0.86
Short Long Term Debt	0.19	0.07	0.16	-0.05	-0.1	0.22	0.21	0.45	0.2	-0.22	0.25	0.48	-0.51	0.41	-0.33	-0.17	0.11	0.45	0.16	-0.37	0.31	0.14	0.45	0.44		-0.2	-0.33
Net Working Capital	0.02	0.2	-0.53	0.29	0.05	-0.05	0.23	-0.21	0.03	0.17	0.38	-0.4	-0.27	0.51	0.55	-0.17	-0.22	-0.32	-0.35	0.17	-0.22	-0.39	-0.11	-0.14	-0.2		0.42
Capital Stock	-0.19	0.1	-0.68	0.2	0.03	-0.28	-0.24	-0.5	-0.27	0.25	0.09	-0.65	0.13	-0.19	0.57	-0.58	-0.67	-0.56	-0.66	0.6	-0.7	-0.8	-0.89	-0.86	-0.33	0.42

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Target

Based on the company's disclosures, Target has a Z Score of 0.0. This is 100.0% lower than that of the Consumer Staples Distribution & Retail sector and 100.0% lower than that of the Consumer Staples industry. The z score for all United States stocks is 100.0% higher than that of the company.

Target ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Target's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Target's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Target Institutional Holders

Institutional Holdings refers to the ownership stake in Target that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Target's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Target's value.

		Shares
Norges Bank	2023-12-31	5.3 M
Goldman Sachs Group Inc	2023-12-31	5.1 M
Northern Trust Corp	2023-12-31	4.9 M
T. Rowe Price Associates, Inc.	2023-12-31	4.6 M
Jpmorgan Chase & Co	2023-12-31	4.3 M
Legal & General Group Plc	2023-12-31	4 M
Bank Of New York Mellon Corp	2023-12-31	3.9 M
Ubs Asset Mgmt Americas Inc	2023-12-31	3.4 M
Amvescap Plc.	2023-12-31	3.2 M
Vanguard Group Inc	2023-12-31	44.9 M
State Street Corporation	2023-12-31	36 M

Target Fundamentals

	Return On Equity	0.34
	Return On Asset	0.0679
	Profit Margin	0.04 %
	Operating Margin	0.06 %
	Current Valuation	93.67 B
	Shares Outstanding	461.69 M
	Shares Owned By Insiders	0.20 %
	Shares Owned By Institutions	81.48 %
	Number Of Shares Shorted	7.06 M
	Price To Earning	22.82 X
	Price To Book	5.71 X
	Price To Sales	0.71 X
	Revenue	107.41 B
	Gross Profit	26.89 B
	EBITDA	8.61 B
	Net Income	4.14 B
	Cash And Equivalents	2.23 B
	Cash Per Share	2.19 X
	Total Debt	21.25 B
	Debt To Equity	1.77 %
	Current Ratio	0.86 X
	Book Value Per Share	29.09 X
	Cash Flow From Operations	8.62 B
	Short Ratio	1.43 X
	Earnings Per Share	8.94 X
	Price To Earnings To Growth	2.56 X
	Target Price	185.05
	Number Of Employees	415 K
	Beta	1.15
	Market Capitalization	77.15 B
	Total Asset	55.36 B
	Retained Earnings	7.09 B
	Working Capital	(1.81 B)
	Current Asset	9.65 B
	Current Liabilities	7.05 B
	Annual Yield	0.03 %
	Five Year Return	2.35 %
	Net Asset	55.36 B
	Last Dividend Paid	4.36

About Target Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Target's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Target using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Target based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Target is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Target Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Target Stock. Highlighted below are key reports to facilitate an investment decision about Target Stock:

How To Invest In Target

Details

Is Target Stock a good investment?

Details

What is Target's Net Worth?

Details

Largest Consumer Staples Distribution & Retail Companies

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Largest Consumer Defensive Companies

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Check out Target Piotroski F Score and Target Valuation analysis.

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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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.

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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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Target Stock Z Score

Target Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Target Z Score Driver Correlations

Target ESG Sustainability

Target Institutional Holders

Target Fundamentals

About Target Fundamental Analysis

Currently Active Assets on Macroaxis

Complementary Tools for Target Stock analysis

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