Near term Outlook For Target Corp. (NYSE:TGT)


Target Corp. (NYSE:TGT) closed its last session at $75.35. The stock traded within a range of $74.06 and $76.62. The company operates in the Consumer Defensive sector with a market capitalization of 41.03 Million. Trading volume for Target Corp. was 7.38 Million in its previous trading session. Currently, Target Corp. (NYSE:TGT) has an average volume of 7.95 Million.

Company Profile

Target Corporation operates large-format general merchandise and food discount stores in the United States, which include Target and SuperTarget stores. They offer both everyday essentials and fashionable, differentiated merchandise at exceptional prices. Their ability to deliver a shopping experience that is preferred by their guests is supported by their strong supply chain and technology infrastructure. They operate as a single business segment. Their credit card operations represent an integral component of their core retail business. They also operate a fully integrated online business, Although is small relative to their overall size, its sales are growing at a much more rapid pace than their in-store sales, and it provides important benefits to their stores and credit card operations.

Analyst Views

Target Corp. (NYSE:TGT) received a Buy rating from 1 analysts. 0 analysts gave its stock an Outperform rating. 3 analysts say it’s a Hold while 1 analysts provided their expert opinion as Sell.

Target Corp. (NYSE:TGT) touched its 1-Year High price of $78.70 on 01/23/18 and its 1-Year Low price of $48.56 on 06/16/17.

EPS & Financials

Target Corp. (NYSE:TGT) reported its EPS in the last quarter as $0.91/Share beating the analyst estimate of $0.86/Share by a difference of $0.05. This showed a surprise of 5.8% in the last quarter earnings.

For the current quarter, 23 analysts are projecting a mean EPS of $1.37/share. According to their observations and findings, the stock could provide a high EPS of $1.4/share and a low EPS of $1.3/share.

Analysts believe that the company has the potential to earn average revenue of $22.51 Billion for the current quarter. According to their predictions high & low revenue estimates are 22.97 Billion and 21.61 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Target Corp. (NYSE:TGT) has a 20-Day average volume of 6.39 Million. According to today’s trading volume Target Corp. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.12 Percent and Institutional ownership of 91.7 Percent. The return on assets stands at 6.9%, Return on Equity currently is 24% and the Return on Investment value is 15.5%.

Target Corp. (NYSE:TGT) gross margin percentage stands at 29.3% while its operating margin for the past trailing twelve month is 6.5 percent and its overall profit margin (ttm) is 3.8 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 0.42% with a 50-Day Simple Moving Average of 8.81 percent. As of today, the company has a SMA200 (200-day simple moving average) of 26.16 Percent. The Stock has YTD (year to date) performance of 15.48 percent.

The TTM operating margin for the company stands at 6.5%. The return on invested capital is at 15.5%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 12.46.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 26.16%, and has a solid year to date (YTD) performance of 15.48% which means that the stock is constantly adding to its value from the previous fiscal year end price.