Target Stock Today
TGT Stock | USD 167.59 3.37 2.05% |
Performance12 of 100
| Odds Of DistressLess than 15
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Target is selling for under 167.59 as of the 19th of March 2024; that is 2.05 percent up since the beginning of the trading day. The stock's last reported lowest price was 163.44. Target has less than a 15 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Target are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2023 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain Consumer Staples Distribution & Retail | IPO Date 6th of April 1983 | Category Consumer Defensive | Classification Consumer Staples |
Target Corporation operates as a general merchandise retailer in the United States. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota. Target Corp operates under Discount Stores classification in the United States and is traded on New York Stock Exchange. The company has 461.69 M outstanding shares of which 7.37 M shares are at this time shorted by investors with about 2.12 days to cover. More on Target
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Follow Valuation Options Odds of Bankruptcy
Financial Report 15th of May 2024
Target Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Target's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Target or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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, 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 |
Chairman | Brian Cornell | ||||
Thematic Ideas | (View all Themes) | ||||
Old Name | Target Corporation | ||||
Business Concentration | Consumer Staples Distribution & Retail, Consumer Defensive, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, NYSE US 100, BETTERINVESTING 100 INDEX, BTRINVSTNG 100 INDEX, Power Assets, Impulse, Consumer Staples, Consumer Staples Distribution & Retail, Discount Stores, Consumer Defensive (View all Sectors) | ||||
Average Analyst Recommendation Analysts covering Target report their recommendations after researching Target's financial statements, talking to executives and customers, or listening in on Target's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Target. The Target consensus assessment is calculated by taking the average forecast from all of the analysts covering Target. | |||||
Target's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Target's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Target's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Target's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Target's financial leverage. It provides some insight into what part of Target's total assets is financed by creditors.
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Target (TGT) is traded on New York Stock Exchange in USA. It is located in 1000 Nicollet Mall, Minneapolis, MN, United States, 55403 and employs 415,000 people. Target is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 77.37 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Target's market, we take the total number of its shares issued and multiply it by Target's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Target runs under Consumer Staples Distribution & Retail sector within Consumer Staples industry. The entity has 461.69 M outstanding shares of which 7.37 M shares are at this time shorted by investors with about 2.12 days to cover.
Target has about 2.23 B in cash with 8.62 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.19.
Check Target Probability Of Bankruptcy
Ownership AllocationTarget shows a total of 461.69 Million outstanding shares. The majority of Target outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Target to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Target. Please pay attention to any change in the institutional holdings of Target as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Target Ownership Details
Target Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Target jumping above the current price in 90 days from now is roughly 2.12%. The Target probability density function shows the probability of Target stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0525. This usually implies Target market returns are related to returns on the market. As the market goes up or down, Target is expected to follow. Additionally, the company has an alpha of 0.2007, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Target to move above the current price in 90 days from now is roughly 2.12 (This Target probability density function shows the probability of Target Stock to fall within a particular range of prices over 90 days) .
Target Stock 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.Instituion | Recorded On | 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 Historical Income Statement
Target Income Statement is one of the three primary financial statements used for reporting Target's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Target revenue and expense. Target Income Statement primarily focuses on the company's revenues and expenses during a particular period.
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. View More FundamentalsTarget Stock Against Markets
Picking the right benchmark for Target stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Target stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Target is critical whether you are bullish or bearish towards Target at a given time. Please also check how Target's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Target without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Target Corporate Directors
Target corporate directors refer to members of a Target board of directors. The board of directors generally takes responsibility for the Target's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Target's board members must vote for the resolution. The Target board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Mary Minnick | Independent Director | Profile | |
Dmitri Stockton | Independent Director | Profile | |
Monica Lozano | Lead Independent Director | Profile | |
Christine Leahy | Independent Director | Profile |
How to buy Target Stock?
Before investing in Target, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Target. To buy Target stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Target. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Target stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Target stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Target stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Target, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Target Stock please use our How to Invest in Target guide.
Already Invested in Target?
The danger of trading Target is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Target is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Target. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Target is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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: 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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.
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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 8.93 | 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.