Target Statistics
Total Valuation
Target has a market cap or net worth of $68.49 billion. The enterprise value is $84.38 billion.
| Market Cap | 68.49B |
| Enterprise Value | 84.38B |
Important Dates
The next estimated earnings date is Wednesday, August 14, 2024, before market open.
| Earnings Date | Aug 14, 2024 |
| Ex-Dividend Date | Aug 21, 2024 |
Share Statistics
Target has 462.64 million shares outstanding. The number of shares has increased by 0.22% in one year.
| Shares Outstanding | 462.64M |
| Shares Change (YoY) | +0.22% |
| Shares Change (QoQ) | +0.17% |
| Owned by Insiders (%) | 0.18% |
| Owned by Institutions (%) | 81.26% |
| Float | 461.25M |
Valuation Ratios
The trailing PE ratio is 16.62 and the forward PE ratio is 15.60. Target's PEG ratio is 2.56.
| PE Ratio | 16.62 |
| Forward PE | 15.60 |
| PS Ratio | 0.64 |
| Forward PS | 0.63 |
| PB Ratio | 4.95 |
| P/FCF Ratio | 14.87 |
| PEG Ratio | 2.56 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.78, with an EV/FCF ratio of 18.32.
| EV / Earnings | 20.43 |
| EV / Sales | 0.79 |
| EV / EBITDA | 9.78 |
| EV / EBIT | 14.62 |
| EV / FCF | 18.32 |
Financial Position
The company has a current ratio of 0.86, with a Debt / Equity ratio of 1.41.
| Current Ratio | 0.86 |
| Quick Ratio | n/a |
| Debt / Equity | 1.41 |
| Debt / EBITDA | 2.26 |
| Debt / FCF | 4.23 |
| Interest Coverage | 12.52 |
Financial Efficiency
Return on equity (ROE) is 31.90% and return on invested capital (ROIC) is 13.24%.
| Return on Equity (ROE) | 31.90% |
| Return on Assets (ROA) | 7.50% |
| Return on Capital (ROIC) | 13.24% |
| Revenue Per Employee | $256,918 |
| Profits Per Employee | $9,952 |
| Employee Count | 415,000 |
| Asset Turnover | 1.94 |
| Inventory Turnover | 6.31 |
Taxes
In the past 12 months, Target has paid $1.18 billion in taxes.
| Income Tax | 1.18B |
| Effective Tax Rate | 22.25% |
Stock Price Statistics
The stock price has increased by +11.75% in the last 52 weeks. The beta is 1.20, so Target's price volatility has been higher than the market average.
| Beta (5Y) | 1.20 |
| 52-Week Price Change | +11.75% |
| 50-Day Moving Average | 153.91 |
| 200-Day Moving Average | 141.97 |
| Relative Strength Index (RSI) | 48.65 |
| Average Volume (20 Days) | 4,455,156 |
Short Selling Information
The latest short interest is 8.20 million, so 1.77% of the outstanding shares have been sold short.
| Short Interest | 8.20M |
| Short Previous Month | 6.76M |
| Short % of Shares Out | 1.77% |
| Short % of Float | 1.78% |
| Short Ratio (days to cover) | 1.66 |
Income Statement
In the last 12 months, Target had revenue of $106.62 billion and earned $4.13 billion in profits. Earnings per share was $8.91.
| Revenue | 106.62B |
| Gross Profit | 29.82B |
| Operating Income | 5.68B |
| Pretax Income | 5.31B |
| Net Income | 4.13B |
| EBITDA | 8.63B |
| EBIT | 5.77B |
| Earnings Per Share (EPS) | $8.91 |
Balance Sheet
The company has $3.60 billion in cash and $19.49 billion in debt, giving a net cash position of -$15.89 billion or -$34.34 per share.
| Cash & Cash Equivalents | 3.60B |
| Total Debt | 19.49B |
| Net Cash | -15.89B |
| Net Cash Per Share | -$34.34 |
| Equity (Book Value) | 13.84B |
| Book Value Per Share | 29.92 |
| Working Capital | -2.78B |
Cash Flow
In the last 12 months, operating cash flow was $8.46 billion and capital expenditures -$3.85 billion, giving a free cash flow of $4.61 billion.
| Operating Cash Flow | 8.46B |
| Capital Expenditures | -3.85B |
| Free Cash Flow | 4.61B |
| FCF Per Share | $9.96 |
Margins
Gross margin is 27.97%, with operating and profit margins of 5.32% and 3.87%.
| Gross Margin | 27.97% |
| Operating Margin | 5.32% |
| Pretax Margin | 4.98% |
| Profit Margin | 3.87% |
| EBITDA Margin | 8.09% |
| EBIT Margin | 5.41% |
| FCF Margin | 4.32% |
Dividends & Yields
This stock pays an annual dividend of $4.48, which amounts to a dividend yield of 3.03%.
| Dividend Per Share | $4.48 |
| Dividend Yield | 3.03% |
| Dividend Growth (YoY) | 1.84% |
| Years of Dividend Growth | 53 |
| Payout Ratio | 50.28% |
| Buyback Yield | -0.22% |
| Shareholder Yield | 2.81% |
| Earnings Yield | 6.03% |
| FCF Yield | 6.72% |
Analyst Forecast
The average price target for Target is $176.83, which is 19.45% higher than the current price. The consensus rating is "Buy".
| Price Target | $176.83 |
| Price Target Difference | 19.45% |
| Analyst Consensus | Buy |
| Analyst Count | 32 |
| Revenue Growth Forecast (5Y) | 3.30% |
| EPS Growth Forecast (5Y) | 7.99% |
Stock Splits
The last stock split was on July 20, 2000. It was a forward split with a ratio of 2:1.
| Last Split Date | Jul 20, 2000 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Target has an Altman Z-Score of 3.41 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.41 |
| Piotroski F-Score | 6 |