The stock of Target Corp (TGT) has gone down by -3.16% for the week, with a -0.32% drop in the past month and a -11.22% drop in the past quarter. The volatility ratio for the week is 2.20%, and the volatility levels for the past 30 days are 2.06% for TGT. The simple moving average for the past 20 days is -1.96% for TGT’s stock, with a 0.58% simple moving average for the past 200 days.
Is It Worth Investing in Target Corp (NYSE: TGT) Right Now?
Target Corp (NYSE: TGT) has a price-to-earnings ratio that is above its average at 16.40x. The stock has a 36-month beta value of 1.19. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 2 as “overweight,” 18 as “hold,” and 3 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for TGT is 461.37M, and at present, short sellers hold a 2.36% of that float. On July 29, 2024, the average trading volume of TGT was 4.05M shares.
TGT) stock’s latest price update
Target Corp (NYSE: TGT) has experienced a decline in its stock price by -1.85 compared to its previous closing price of 149.00. However, the company has seen a fall of -3.16% in its stock price over the last five trading days. investorplace.com reported 2024-07-29 that High-yield dividend stocks are attractive investment options as they provide regular payouts regardless of market performance. Understanding dividend yield, which is a ratio showing annual dividend income per dollar invested, is crucial for comparing investments.
Analysts’ Opinion of TGT
Many brokerage firms have already submitted their reports for TGT stocks, with Piper Sandler repeating the rating for TGT by listing it as a “Neutral.” The predicted price for TGT in the upcoming period, according to Piper Sandler is $156 based on the research report published on July 10, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see TGT reach a price target of $116. The rating they have provided for TGT stocks is “Underperform” according to the report published on June 03rd, 2024.
Telsey Advisory Group gave a rating of “Outperform” to TGT, setting the target price at $190 in the report published on May 23rd of the current year.
TGT Trading at -1.78% 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 unable to rebound, for now settling with -19.58% of loss for the given period.
Volatility was left at 2.06%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares sank -1.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.52% lower at present.
During the last 5 trading sessions, TGT fell by -3.54%, which changed the moving average for the period of 200-days by +32.87% in comparison to the 20-day moving average, which settled at $149.05. In addition, Target Corp saw 2.69% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TGT starting from Cornell Brian C, who sale 45,000 shares at the price of $151.36 back on Jun 04 ’24. After this action, Cornell Brian C now owns 348,843 shares of Target Corp, valued at $6,811,250 using the latest closing price.
HENNINGTON CHRISTINA, the Executive Officer of Target Corp, sale 4,600 shares at $170.88 during a trade that took place back on Mar 21 ’24, which means that HENNINGTON CHRISTINA is holding 38,487 shares at $786,048 based on the most recent closing price.
Stock Fundamentals for TGT
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.27 for the gross margin
The net margin for Target Corp stands at 0.04. The total capital return value is set at 0.16. Equity return is now at value 32.46, with 7.70 for asset returns.
Based on Target Corp (TGT), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.53. The debt to equity ratio resting at 1.16. The interest coverage ratio of the stock is 12.16.
Currently, EBITDA for the company is 8.61 billion with net debt to EBITDA at 1.85. When we switch over and look at the enterprise to sales, we see a ratio of 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
To sum up, Target Corp (TGT) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
