Target Corporation (NYSE:TGT) went up by 0.87% from its latest closing price compared to the recent 1-year high of $193.88. The company’s stock price has collected 9.94% of gains in the last five trading sessions. Barron’s reported on 01/07/21 that 13 Cheap Stocks That Could Offer More Shareholder Returns in 2021
Is It Worth Investing in Target Corporation (NYSE :TGT) Right Now?
Target Corporation (NYSE:TGT) scored a price-to-earnings ratio above its average ratio, recording 25.88 x from its present earnings ratio. Plus, the 36-month beta value for TGT is at 0.99. Opinions of the stock are interesting as 16 analysts out of 27 who provided ratings for Target Corporation declared the stock was a “buy,” while 2 rated the stock as “overweight,” 8 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $190.92, which is -$11.95 below the current price. TGT currently public float of 499.63M and currently shorts hold a 1.53% ratio of that float. Today, the average trading volume of TGT was 3.68M shares.
TGT’s Market Performance
TGT stocks went up by 9.94% for the week, with a monthly jump of 12.18% and a quarterly performance of 19.28%, while its annual performance rate touched 56.56%. The volatility ratio for the week stands at 3.09% while the volatility levels for the past 30 days are set at 1.95% for Target Corporation. The simple moving average for the period of the last 20 days is 10.72% for TGT stocks with a simple moving average of 39.70% for the last 200 days.
Analysts’ Opinion of TGT
Many brokerage firms have already submitted their reports for TGT stocks, with Argus repeating the rating for TGT by listing it as a “Buy.” The predicted price for TGT in the upcoming period, according to Argus is $205 based on the research report published on November 24th of the previous year 2020.
MKM Partners, on the other hand, stated in their research note that they expect to see TGT reach a price target of $156, previously predicting the price at $127. The rating they have provided for TGT stocks is “Neutral” according to the report published on November 19th, 2020.
Telsey Advisory Group gave a rating of “Outperform” to TGT, setting the target price at $175 in the report published on November 18th of the previous year.
TGT Trading at 14.46% from the 50-Day Moving Average
After a stumble in the market that brought TGT to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.72% of gains for the given period.
Volatility was left at 1.95%, however, over the last 30 days, the volatility rate increased by 3.09%, as shares surge +13.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.82% upper at present.
During the last 5 trading sessions, TGT rose by +9.94%, which changed the moving average for the period of 200-days by +103.27% in comparison to the 20-day moving average, which settled at $177.52. In addition, Target Corporation saw 10.62% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at TGT starting from HARRISON ROBERT M, who sale 1,220 shares at the price of $169.50 back on Nov 19. After this action, HARRISON ROBERT M now owns 8,072 shares of Target Corporation, valued at $206,790 using the latest closing price.
Lundquist Stephanie A, the Executive Officer of Target Corporation, sale 4,471 shares at $161.00 during a trade that took place back on Oct 07, which means that Lundquist Stephanie A is holding 75,339 shares at $719,831 based on the most recent closing price.
Stock Fundamentals for TGT
Current profitability levels for the company are sitting at:
- +5.99 for the present operating margin
- +26.74 for the gross margin
The net margin for Target Corporation stands at +4.19. The total capital return value is set at 18.52, while invested capital returns managed to touch 13.35. Equity return is now at value 31.30, with 8.20 for asset returns.
Based on Target Corporation (TGT), the company’s capital structure generated 118.09 points at debt to equity in total, while total debt to capital is 54.15. Total debt to assets is 32.67, with long-term debt to equity ratio resting at 115.04. Finally, the long-term debt to capital ratio is 52.75.
When we switch over and look at the enterprise to sales, we see a ratio of 0.88, with the company’s debt to enterprise value settled at 0.20. The receivables turnover for the company is 75.76 and the total asset turnover is 1.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.