A new trading day began on Tuesday, with Target Corp (NYSE: TGT) stock price down -0.64% from the previous day of trading, before settling in for the closing price of $132.45. TGT’s price has ranged from $120.21 to $181.86 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 7.62%. Meanwhile, its annual earnings per share averaged -3.92%. With a float of $457.09 million, this company’s outstanding shares have now reached $459.24 million.
The extent of productivity of a business whose workforce counts for 415000 workers is very important to gauge. In terms of profitability, gross margin is 27.82%, operating margin of 5.55%, and the pretax margin is 5.24%.
Target Corp (TGT) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Discount Stores Industry. The insider ownership of Target Corp is 0.24%, while institutional ownership is 83.61%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.92% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 10.17% growth over the previous five years of trading.
Target Corp (NYSE: TGT) Trading Performance Indicators
Here are Target Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.56. Likewise, its price to free cash flow for the trailing twelve months is 13.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.44, a number that is poised to hit 2.16 in the next quarter and is forecasted to reach 9.22 in one year’s time.
Technical Analysis of Target Corp (TGT)
The latest stats from [Target Corp, TGT] show that its last 5-days average volume of 4.85 million was superior to 4.55 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 45.33%. Additionally, its Average True Range was 3.99.
During the past 100 days, Target Corp’s (TGT) raw stochastic average was set at 24.14%, which indicates a significant decrease from 40.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.14% in the past 14 days, which was lower than the 49.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $144.39, while its 200-day Moving Average is $152.37. Now, the first resistance to watch is $132.44. This is followed by the second major resistance level at $133.28. The third major resistance level sits at $134.55. If the price goes on to break the first support level at $130.33, it is likely to go to the next support level at $129.06. The third support level lies at $128.22 if the price breaches the second support level.
Target Corp (NYSE: TGT) Key Stats
With a market capitalization of 60.30 billion, the company has a total of 458,212K Shares Outstanding. Currently, annual sales are 107,412 M while annual income is 4,138 M. The company’s previous quarter sales were 25,668 M while its latest quarter income was 854,000 K.
