Target Corporation (TGT)
| Market Cap | 57.41B |
| Revenue (ttm) | 107.57B |
| Net Income (ttm) | 4.37B |
| Shares Out | 459.24M |
| EPS (ttm) | 9.43 |
| PE Ratio | 13.26 |
| Forward PE | 13.85 |
| Dividend | $4.48 (3.58%) |
| Ex-Dividend Date | Nov 20, 2024 |
| Volume | 12,588,682 |
| Open | 121.70 |
| Previous Close | 121.59 |
| Day's Range | 121.26 - 125.75 |
| 52-Week Range | 120.21 - 181.86 |
| Beta | 1.24 |
| Analysts | Buy |
| Price Target | 161.87 (+29.49%) |
| Earnings Date | Nov 20, 2024 |
About TGT
Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies. It also provides dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, and food service; electronics, which includes video game hardware and software, toys, entertainment, sporting goods, and luggage; and furniture, ligh... [Read more]
Financial Performance
In 2023, Target's revenue was $107.41 billion, a decrease of -1.57% compared to the previous year's $109.12 billion. Earnings were $4.14 billion, an increase of 48.85%.
Financial StatementsAnalyst Forecast
According to 30 analysts, the average rating for TGT stock is "Buy." The 12-month stock price forecast is $161.87, which is an increase of 29.49% from the latest price.
News
The Score: Target, Super Micro Computer, Alphabet and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news.
Bronstein, Gewirtz & Grossman, LLC Encourages Target Corp. (TGT) Investors to Inquire about Securities Investigation
EAST NEW YORK, NY / ACCESSWIRE / November 22, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Target Corp. ("Target" or "the Company") (NASDAQ:TG...
Target Posts Q3 Earnings Miss: Analysts Slash Forecasts On Market Share Loss, Margin Concerns
Shares of Target Corp TGT recovered slightly in early trading on Thursday, after tanking on the company's third-quarter earnings miss.
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Target Corp. (TGT) And Encourages Stockholders to Reach Out
EAST NEW YORK, NY / ACCESSWIRE / November 21, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Target Corp. ("Target" or "the Company") (NASDAQ:TG...
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Target Corp. (TGT) And Encourages Investors to Reach Out
EAST NEW YORK, NY / ACCESSWIRE / November 21, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Target Corp. ("Target" or "the Company") (NASDAQ:TG...
Target: Softness In Discretionary Categories; Initiate With 'Sell'
Target Corporation's weak guidance for the holiday season and softness in discretionary categories lead me to initiate a “Sell” rating with a fair value of $112 per share. Despite 10.8% growth in digi...
Target: Q3, Promotional Environment Weighs On Earnings
Target missed the mark in Q3, reporting results well below expectations. Sour investors sent shares in the stock plummeting over 20% during Wednesday's trading hours. While consumers appreciated Targe...
Target's value message is not as strong as Walmart's, hence divergence, says BCI Brands' Chirico
Manny Chirico, BCI Brands chairman and former PVH chairman and CEO, joins 'Squawk Box' to discuss the current state of retail following Walmart and Targets's earnings, if the holiday season will posit...
Target: Wake Up To The Real Issues (Rating Upgrade)
Target's earnings miss and guide-down were driven by changing consumer demand for discretionary goods and proactive supply chain adjustments due to a port strike. The stock's drop is overdone, with a ...
California's Target's look like a ‘jewelry store,' Stew Leonard Jr says
Stew Leonard's CEO Stew Leonard Jr. joins ‘Cavuto: Coast to Coast' to discuss the retail earnings report and its mixed reading for average consumers. https://bit.ly/2D9Cdse Watch more Fox Business Vid...
Jim Cramer looks at Target earnings, says consumers are loyal to value and not brands
CNBC's Jim Cramer said consumers aren't focused on brand names, but on companies that can provide the most value. "Prices have gotten so high over the past few years that we're losing our loyalty to b...
S&P 500 Gains and Losses Today: Target Stock Tumbles as Earnings Miss the Mark
Major U.S. equities indexes were mixed and little changed on Wednesday as Nvidia (NVDA) prepared to disclose quarterly results after the closing bell.
Walmart hits new highs and Target dives after earnings as rivals diverge even more
Target and Walmart's quarterly results underscore how the two big-box retailer's performances have diverged. Both discounters are contending with price-conscious shoppers, but Walmart reported improvi...
Target's earnings disappoint
Target's third quarter earnings report fell short of Wall Street analysts forecast, a quarter after the retailer increased its full year guidance. For the third quarter, the retailer pointed to weaker...
3-Stock Lunch: Target, Williams-Sonoma and Palo Alto
Bill Strazzulo, Bell Curve Trading chief market strategist, joins 'Power Lunch' to discuss stock plays for three stocks.
Why is Target losing to Walmart, and will it ever catch up?
Target Corp. (NYSE: TGT) is likely to face significant challenges in regaining the market share it has lost in recent quarters, according to retail industry veteran Jan Kniffen.
Target CEO says shoppers are stretched and waiting until 'the last moment of need' to buy items
Target's third-quarter results came up short, with sales growth of 0.3% from last year. The company described a shift in consumer spending from "resilient" to "resourceful.
Target CEO Says Consumer Budgets Are Being ‘Stretched'
As economic uncertainty and rising costs continue to impact consumers, shoppers are more cautious with their spending, according to Target CEO Brian Cornell. Faced with a volatile financial landscape,...
Target Shoppers Are Waiting to Buy, Questing for Deals, and Stocking Up
Inflation-wary Target shoppers are watching for sales, and stocking up on discounted items, Target said. People haven't had such a strong reaction to promotions in a while, the retailer said.
Target Margins And Inventory Issues Raise Analyst Caution After Weak Q3 Performance
Target Corporation TGT shares are trading lower on Wednesday after it reported weak third-quarter results and slashed FY24 outlook.
Target Corp. Shares Slide On Soft Update Heading Into Holiday Season
Target Corp. has reported disappointing third-quarter earnings and revenue despite price-cutting efforts across the board and early holiday promotions.
Why Walmart's Stock Hit an All-Time High but Target's Slumped on Q3 Earnings
Target (TGT) shares sank to their lowest point since last November following the retailer's earnings Wednesday, a day after Walmart (WMT) shares set a new record high after the company released its th...
'Messy quarter' for Target, margin headwinds may continue, says Bernstein's Zhihan Ma
Zhihan Ma, Bernstein analyst, joins CNBC's 'Money Movers' to discuss how concerned investors should be about Target's earnings miss, whether the company should change their mix of food and retail, and...
Chart of the Day: Target
Target shares are plunging today after earnings. The company said it's cutting their 2024 forecast.
Target shares tank over 20% as inflation-wracked shoppers flee to rivals for deals
Target said its earnings were hit by hesitancy from cash-strapped consumers and a costly rush on shipments in anticipation of lengthy East Coast port strikes.