On Monday, Target Corp (NYSE: TGT) was 2.91% up from the session before settling in for the closing price of $152.13. A 52-week range for TGT has been $127.19 – $181.86.
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Annual sales at Consumer Defensive sector company grew by 7.62% over the past five years. When this article was written, the company’s average yearly earnings per share was at 6.89%. With a float of $459.55 million, this company’s outstanding shares have now reached $461.68 million.
Let’s look at the performance matrix of the company that is accounted for 415000 employees. In terms of profitability, gross margin is 27.27%, operating margin of 5.7%, and the pretax margin is 5.39%.
Target Corp (TGT) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Target Corp stocks. The insider ownership of Target Corp is 0.24%, while institutional ownership is 83.18%. The most recent insider transaction that took place on Sep 27 ’24, was worth 997,715. In this transaction Executive Officer of this company sold 6,348 shares at a rate of $157.17, taking the stock ownership to the 123,551 shares. Before that another transaction happened on Sep 27 ’24, when Company’s Officer proposed sale 6,348 for $157.17, making the entire transaction worth $997,716.
Target Corp (TGT) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 6.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.12% during the next five years compared to 10.17% growth over the previous five years of trading.
Target Corp (NYSE: TGT) Trading Performance Indicators
You can see what Target Corp (TGT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.27. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.67. Likewise, its price to free cash flow for the trailing twelve months is 13.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.69, a number that is poised to hit 2.30 in the next quarter and is forecasted to reach 10.50 in one year’s time.
Technical Analysis of Target Corp (TGT)
Target Corp (NYSE: TGT) saw its 5-day average volume 4.64 million, a positive change from its year-to-date volume of 3.94 million. As of the previous 9 days, the stock’s Stochastic %D was 74.90%. Additionally, its Average True Range was 3.35.
During the past 100 days, Target Corp’s (TGT) raw stochastic average was set at 69.01%, which indicates a significant decrease from 95.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.25% in the past 14 days, which was lower than the 29.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $152.68, while its 200-day Moving Average is $154.06. Nevertheless, the first resistance level for the watch stands at $158.13 in the near term. At $159.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $162.38. If the price goes on to break the first support level at $153.88, it is likely to go to the next support level at $151.21. Assuming the price breaks the second support level, the third support level stands at $149.63.
Target Corp (NYSE: TGT) Key Stats
There are 460,675K outstanding shares of the company, which has a market capitalization of 71.49 billion. As of now, sales total 107,412 M while income totals 4,138 M. Its latest quarter income was 25,452 M while its last quarter net income were 1,192 M.
