On average, analysts forecast that Target Co. will post $4.15 EPS for the current year. TheStreet lowered shares of Target from a "b-" rating to a "c+" rating in a research report on Monday, March 27th. Cowen & Co maintained the shares of TGT in report on Thursday, February 25 with "Outperform" rating. The Return on Investment (ROI) ratio of Target Corp.
Analysts on average have given a price target of $59.43 to Target Corp.
The company reported the earnings of $1.45/Share in the last quarter where the estimated EPS by analysts was $0.91/share. The company had revenue of $16.02 billion during the quarter, compared to the consensus estimate of $15.63 billion. The Return on Equity (ROE) value stands at 23.7%. Year to date is 36.83%, 14.82% over the last quarter, 29.36% for the past six months and 34.10% over the last 12 months. Buckingham Research reissued a "buy" rating and set a $71.00 price objective on shares of Target in a research report on Wednesday, April 19th. Sanford C. Bernstein started coverage on Target in a research report on Monday, February 6th. The stock has an average rating of "Hold" and an average price target of $66.07.
A 52-week high/low is the highest and lowest price that a stock has traded at during the previous year.
Some buy side analysts are also providing their Analysis on Target Corp., where 4 analysts have rated the stock as Strong buy, 1 analysts have given a Buy signal, 18 said it's a HOLD, 3 reported it as Underperform and 1 analysts rated the stock as Sell. First Manhattan Co. now owns 38,029 shares of the retailer's stock valued at $2,611,000 after buying an additional 11,127 shares during the period. The shares were bought at an average cost of $57.00 per share, for a total transaction of $114,000.00.
In other news, Director Donald R. Knauss acquired 10,000 shares of Target stock in a transaction on Thursday, March 9th. In the last 90 days, insiders have purchased 19,000 shares of company stock valued at $1,073,750. The disclosure for this purchase can be found here. Following the transaction, the insider now directly owns 56,983 shares in the company, valued at $3,248,031.
Target (NYSE:TGT) has insider ownership of 0.25% and institutional ownership of 88.53%.
A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. The original version of this report can be accessed at [[permalink]]. Balentine LLC now owns 3,114 shares of the retailer's stock valued at $214,000 after buying an additional 30 shares during the period. Buckhead Capital Management LLC increased its position in shares of Target by 29.6% in the first quarter. Balentine LLC boosted its position in Target by 1.0% in the third quarter. BlackRock Inc. now owns 47,046,403 shares of the retailer's stock worth $2,596,495,000 after buying an additional 44,877,391 shares in the last quarter. Dodge & Cox purchased a new stake in shares of Target during the fourth quarter worth about $788,237,000. Finally, Peoples Financial Services CORP. boosted its position in shares of Target by 116.7% in the first quarter. The stock was bought at an average price of $58.95 per share, with a total value of $294,750.00.
Several institutional investors have recently made changes to their positions in the stock.
As the earnings date approaches, we can see that insider ownership is now 0.20% shares, and institutional ownership is at 88.10% for Target Corporation (NYSE:TGT) stock. The company's market cap is $30.67 Billion, and the average volume is 7.65 Million. Company's distance from 20 day simple moving average is -2.60% and distance from 50-Day simple moving average is -0.67%. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. Target also saw some unusual options trading on Thursday. About 846,112 shares traded.
The business also recently declared a quarterly dividend, which will be paid on Saturday, June 10th. Investors of record on Wednesday, May 17th will be issued a dividend of $0.60 per share. The stock's Dividend Yield stands at 4.40%.
On 1/12/2017 Target announced a quarterly dividend of $0.60 3.37% with an ex dividend date of 2/13/2017 which will be payable on 3/10/2017. Their payout ratio is 50.00%.
Continuing the momentum, Target's digital channel sales grew 22% in the quarter, but remain significantly small to make up for the decline at its brick and mortar stores - the company expects low single digit decline in comps throughout 2017. The Company's general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items.
The Braves added to their lead in the fourth when Jace Peterson slapped a single to right with Flowers on second. Kemp singled and scored in the first, singled in the third, then doubled and scored in the fifth and sixth.
The Stars had several options, but chose to be bold and go all-in by trading for the free agent rights of Ben Bishop . The 30-year-old Bishop was acquired by Dallas on May 9 in a deal that sent a fourth-round draft pick to Los Angeles.
The Thaad missile system, aimed at intercepting attacks from North Korea, was made operational in South Korea last week. Liberal candidate Moon Jae-in has expressed confidence of winning office as South Koreans vote for a new president.
Most officials who get to the point of impeachment would rather resign a la Nixon than face a public trial in the Senate. To do otherwise would cause some Americans to lose respect for, and obedience to our societal norms.
Erdogan vowed to bring up "our worries" on the issue in talks with US President Donald Trump on May 16 in Washington. The Associated Press reported that Tabqa was the last major urban settlement on the road to Raqqa.
Crotone kept its hopes alive with a 1-0 win over Udinese while Genoa lost 1-0 at Palermo and Empoli was defeated 3-2 at Cagliari . Antonio Rudiger and Radja Nainggolan were being watched by Chelsea scouts on Sunday night as Roma beat Juventus 3-1 at home.
An April Fox News report said the number of police officers killed in the line of duty is up another 10 percent from 2016. Memorial services like this one bring back the reality of how risky it can be for law enforcement on the job every day.
Arriving troopers found fire and rescue personnel on the scene attending to the victim, who was pronounced dead at the scene. Authorities say a second person has died after a head-on crash involving an SUV heading the wrong way on a Maryland highway.
Reportedly, the movie will have a whopping budget of 150 crores, making it the second costliest film after Bahubali . On its third Friday, the film collected 10 crore* more and with this the collections now stand at 400.25 crore*.
The NBA approved of teams signing a company to put their logo on the upper-left corner of a teams jersey 13 months ago. In a press release from the Cavs, LeBron James would explain why Goodyear is the ideal logo for a kid from Akron.
Tigers homer twice off Bundy, edge Orioles 6-5
Victor Martinez also went deep for Detroit , which was one out from a remarkable victory when Trumbo connected off Justin Wilson . Collins came up in the bottom half with two on and two outs and gave the Tigers the lead again with a drive to right.
Mladenovic earns Halep final in Madrid
She nearly had the keys for the Porsche vehicle on offer in Stuttgart in her hands, and has been pretty impressive this week. However, the Croat retired at the end of the second set, sending Mladenovic through into the second round.