TGT - Target Corporation

NYSE - NYSE Delayed Price. Currency in USD
117.49
-1.19 (-1.00%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Fast Stochastic

Fast Stochastic

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close118.68
Open118.83
Bid117.25 x 800
Ask117.52 x 1100
Day's Range117.18 - 119.36
52 Week Range79.13 - 130.24
Volume4,902,875
Avg. Volume6,648,764
Market Cap58.736B
Beta (5Y Monthly)0.76
PE Ratio (TTM)18.46
EPS (TTM)6.36
Earnings DateAug 19, 2020 - Aug 24, 2020
Forward Dividend & Yield2.64 (2.22%)
Ex-Dividend DateMay 19, 2020
1y Target Est121.76
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
-9% Est. Return
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Walmart vs Target: Who's the E-Commerce Winner During the Coronavirus Lockdown?
    Motley Fool

    Walmart vs Target: Who's the E-Commerce Winner During the Coronavirus Lockdown?

    Back in late March, I outlined the reasons why I purchased shares of Walmart (NYSE: WMT) and Target (NYSE: TGT) as the economic lockdown to bring COVID-19 to heel got under way. Much has changed during the last two months, and migrating to e-commerce will continue to be a top priority for Walmart and Target as they play catch-up to Amazon (NASDAQ: AMZN). The first quarter (February to April 2020 for Walmart and Target) was a banner moment for both big box stores.

  • What a September Prime Day Means for Amazon Investors
    Motley Fool

    What a September Prime Day Means for Amazon Investors

    Amazon (NASDAQ: AMZN) has been forced to delay its Prime Day shopping holiday, typically held in mid-July, as it faces an unexpected surge in demand. With the coronavirus pandemic leading to more online shopping, Amazon has had to make several moves to limit the sale of items it doesn't deem essential. The ultimate marketing event for Amazon is Prime Day.

  • Barrons.com

    Americans Are Buying Bikes, Kayaks, and Hammocks as Lockdowns Ease. These Stocks Will Benefit.

    Americans began the lockdown by hoarding toilet paper, sweat pants, and puzzles. Now, with Memorial Day around the corner, it’s bicycles, boats, and inflatable pools.

  • Motley Fool

    Why Retailers Are Spending More

    In this episode of MarketFoolery, Chris Hill and Motley Fool analyst Ron Gross discuss all things retail. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Ron Gross: Good to see you, Mr. Chris Hill.

  • Better Buy: Disney vs. Target
    Motley Fool

    Better Buy: Disney vs. Target

    Disney (NYSE: DIS) and Target (NYSE: TGT) are both iconic American brands, but their stocks went in opposite directions over the past 12 months. Meanwhile, Target's stock rallied more than 60% as the crisis shut down smaller retailers and caused shoppers to stock up on essential goods. How does Disney make money?

  • Barrons.com

    Mom and Pop Retailers Are Struggling During the Lockdowns. Big Box Giants Are Thriving.

    Big-box chains will gobble up even more business from struggling smaller chains. That bodes well for their shares.

  • Walmart plows ahead with COVID-19 testing, and possibly antibody testing soon
    Yahoo Finance

    Walmart plows ahead with COVID-19 testing, and possibly antibody testing soon

    Walmart continues to push forward with opening coronavirus testing sites at its stores.

  • Hormel says the value of products like Spam and Skippy peanut butter rose alongside unemployment rate
    MarketWatch

    Hormel says the value of products like Spam and Skippy peanut butter rose alongside unemployment rate

    Hormel reported a rise in sales as consumers snapped up products like Spam and Skippy during coronavirus lockdowns.

  • Barrons.com

    This Cosmetics Stock Is Up 10% Today on Blowout Earnings

    E.l.f. Beauty earned a dime a share on revenue of $74.71 million. Analysts had predicted earnings per share of five cents on revenue of $64.11 million.

  • Gilead Stock Is Worth Owning With or Without a Coronavirus Cure
    InvestorPlace

    Gilead Stock Is Worth Owning With or Without a Coronavirus Cure

    With the S&P 500 down "just" 12.25% from its high, many stocks have seen a big bounce despite the novel coronavirus. However, that's a function of price action, not a view on the fundamentals. Not many are doing well due to the outbreak of Covid-19 -- although, Gilead Sciences (NASDAQ:GILD) is. As bad as it seems to say, GILD stock may be one of the few that could benefit from Covid-19.Source: Casimiro PT / Shutterstock.com Others include Netflix (NASDAQ:NFLX), Amazon (NASDAQ:AMZN), Target (NYSE:TGT) and Zoom Video (NASDAQ:ZM), among others.Gilead is working on a treatment for the virus, with its remdesivir showing great promise. The company has been quickly gaining various levels of approval around the world, mostly for use in severe or in compassionate use cases. What we've heard from the Food and Drug Administartion is:InvestorPlace - Stock Market News, Stock Advice & Trading Tips"It is reasonable to believe that the known and potential benefits of … [remdesivir] outweigh the known and potential risks of the drug for the treatment of patients hospitalized with severe COVID-19." It Doesn't All Hinge on RemdesivirThe coronavirus outbreak has been devastating thus far. Millions have been infected and more than 100,000 have died. That's despite the world going into a prolonged and intense lockdown over the past few months. * 7 Dow Jones Stocks to Buy With Fortress-Like Balance Sheets Global supply chains, almost every business, and economies from global to local have been disrupted. We need a cure or a treatment for a lot of reasons, with the above points representing a majority of them. There's too many deaths and too much disruption not to find a solution. Click to EnlargeRight now, GILD stock looks like the horse leading the race. But other companies are in there too. Moderna (NASDAQ:MRNA) is the latest entry, with its data showing promise for patients developing antibodies for the virus. Regeneron (NASDAQ:REGN) has showed promise too, as has Inovio (NASDAQ:INO).Obviously there are more than four companies working on a solution. I want to believe that eventually, someone will crack the code and figure it out. Beliefs aside though, cures are difficult to pin down and it's possible it will take a while before doing so. While Gilead has been the focus for many investors, it doesn't all hinge on remdesivir -- there are other possibilities out there.I like GILD stock as the company to figure it out. But even if that's not the case, there are plenty of reasons to be a long-term bull on Gilead. Bottom Line on GILD Stock Click to EnlargeUnlike some of the unknown biotechs screaming higher, Gilead is a well-positioned firm with many attributes.With trailing revenue of $22.7 billion and net income of almost $5 billion, this is not your fly-by-night biotech stock. Although the company has struggled for growth in recent years, it hasn't struggled to turn a profit.Gilead has generated profit between $4.6 billion and $5.4 billion over the last three years. That's despite the previous three years of revenue going as follows: $26.1 billion in 2017, $22.1 billion in 2018 and $22.4 billion in 2019.Perfect? Not even close, but we're not looking at a company with a withering balance sheet and a cash-flow problem. Over the trailing twelve months, GILD stock generated free cash flow of $8.24 billion, a rather robust figure. That's up from $7.5 billion in 2018.On the balance sheet, Gilead boasts current assets of $30.3 billion vs. current liabilities of $9.7 billion. Of course I would love to see more growth here. Maybe Gilead turns to M&A to get that growth -- perhaps GILD stock gets acquired. But at least we're not overpaying for it. Shares trade at just 11.5 times this year's expected earnings.I'm bullish on Gilead over the long term.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Gilead Stock Is Worth Owning With or Without a Coronavirus Cure appeared first on InvestorPlace.

  • Shares of Target: What Have You Done for Me Lately?
    TheStreet.com

    Shares of Target: What Have You Done for Me Lately?

    For his second "Executive Decision" segment of Mad Money Thursday night, Jim Cramer spoke with Brian Cornell, chairman and CEO of Target Corp. , which just reported same-store sales up 10.8% for the quarter. Target welcomed millions of new customers, both online and in-store. The quarter included a 140% rise in online sales and a 300% increase in pickup and delivery services, according to Cornell.

  • Target's First Quarter Shows Why It's Primed for Long-Term Growth
    Motley Fool

    Target's First Quarter Shows Why It's Primed for Long-Term Growth

    Though profits fell in the recent quarter, the retailer is executing on its key strategic initiatives.

  • Barrons.com

    Foot Locker Lost Far More Than Expected. The Stock Is Dropping.

    Sales at stores open at least a year fell 42.8% in the quarter. Management suspended the dividend as it seeks to conserve cash.

  • The concept of a traditional Black Friday is dead: Kearney Head of Retail
    Yahoo Finance Video

    The concept of a traditional Black Friday is dead: Kearney Head of Retail

    Greg Portell, Partner & Head of Global Consumer Industries & Retail Practice at Kearney, joins The Final Round to discuss the latest earnings out of the retail sector, Amazon Prime Day, and his expectations for Black Friday 2020.

  • Bloomberg

    Amazon Prime Day Delay Delivers a Gift to Rivals

    (Bloomberg Opinion) -- Amazon Prime may not be so prime for a bit longer.On Thursday, the Wall Street Journal said Amazon.com Inc. is pushing its Prime Day event from July to September because of the pandemic, citing people familiar with the matter and confirming earlier reports of a possible postponement. The annual shopping bonanza offers exclusive deal discounts to its Prime members and has grown over five years to become one of the e-commerce giant’s biggest marketing events, its own summer version of Black Friday.There are likely many reasons for the delay, including hopes the economy will be on firmer footing by then, and that customers will be more willing to spend on discretionary items and not just essentials. But it also may signal Amazon’s current challenges may require more time to fully recover.Amazon needs to be sure it can provide quality service and a large selection when all eyes are on upon it. As of now, it isn’t there yet. Over the last few months, the company has struggled to keep up with surging demand as self-isolating consumers have dramatically shifted spending online. Amazon has faced logistical difficulties in prioritizing essential items, putting stress on its supply and delivery networks. And the complications have led to long shipping delays and product shortages for its customers. The Journal added the company may not be able to return to its fast shipping times “for months.”On an anecdotal level, many items I want to buy on Amazon aren’t able to promise the one- to two-day delivery that Prime members pay $119 a year to ensure; instead, arrival times can stretch a week  or more from the order date. Other people I’ve heard from in different states say shipping times are improving, but overall it still seems hit-or-miss depending on the region, and social media remains filled with complaints on the company’s delivery performance. If lackluster experiences last much longer, Prime customers may start to wonder whether it’s worth keeping their memberships. It was only in January that Amazon CEO Jeff Bezos boasted the company had reached over 150 million paid Prime subscribers around the world, primarily due to the faster delivery times benefit.At stake is the narrative of Amazon’s e-commerce dominance. The longer it takes for the company to get back to normal, the more runway it gives its rivals. Earlier this month, I wrote how the turmoil sparked by the Covid-19 pandemic is creating opportunities for the tech giant’s rivals, adding if others can show that they, too, can provide reliable good service, then customers may be more willing to choose them over Amazon.Retailers already appear to be taking advantage of the opening. Target Corp. said on Wednesday its online sales growth accelerated every month in its fiscal first quarter, from 33% in February to 282% in April, for a total increase of 141% for the three-month period. More importantly, management said its surveys showed that high customer satisfaction levels for its e-commerce services were driving repeat business.It is not just traditional retailers that want in on the soaring online sales market. On Tuesday, Facebook, Inc. announced it is making a bigger push into the e-commerce space with Facebook Shops. The updated offering will enable small businesses to set up online stores for the billions of people that use its Facebook and Instagram apps. Facebook’s initiative, if successful, could diversify its revenue base away from internet advertising to commerce and payment transactions. Amazon is still the one to beat, and Prime Day will no doubt get its share of hype whenever it’s held. But in the meantime, the competition isn’t sitting still. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tae Kim is a Bloomberg Opinion columnist covering technology. He previously covered technology for Barron's, following an earlier career as an equity analyst.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Americans splurge at Walmart, Target as stimulus checks kick in
    Reuters

    Americans splurge at Walmart, Target as stimulus checks kick in

    Walmart <WMT.N> and Target Corp <TGT.N> noted in their earnings call this week that quarterly comparable sales, which rose about 10%, got a major boost from increased demand for non-essentials at the end of last month. "Call it relief spending, as it was heavily influenced by stimulus dollars," Walmart Chief Executive Doug McMillon said on Tuesday, citing a jump in sales of clothing, televisions, video games, sporting goods and toys.

  • Target beats first-quarter earnings expectations, with digital sales up 141%
    MarketWatch

    Target beats first-quarter earnings expectations, with digital sales up 141%

    Target Corp. beat first-quarter earnings and revenue expectations with help from its digital sales capabilities as e-commerce grew by 141% during the period. Target stock is down 2.8% in Wednesday trading. Target (TGT) reported first-quarter net income of $284 million, or 56 cents per share, down from $795 million, or $1.53 per share, last year.

  • Top economist says it will take economy years to recover from COVID-19
    Yahoo Finance

    Top economist says it will take economy years to recover from COVID-19

    The economic recovery from the COVID-19 pandemic will be slow, one top economist tells Yahoo Finance.

  • Wall Street Weighs In On Target's Q1 Earnings
    Benzinga

    Wall Street Weighs In On Target's Q1 Earnings

    Target Corporation (NYSE: TGT) reported some impressive first-quarter numbers on Wednesday, but the market response has been lackluster due to concerns over slumping margins.Target reported adjusted EPS of 59 cents on revenue of $19.62 billion. Both numbers beat consensus analyst estimates of 40 cents and $19.04 billion, respectively. Same-store sales also jumpers 10.8%.However, the company said expenses related to the pandemic cost the company $500 million in the quarter, and shoppers shied away from certain high-end products.Several analysts have weighed in on Target stock.Strong Start To Q2 Bank of America analyst Robert Ohmes said April trends were even more impressive than the first-quarter numbers, including 282% online sales growth and 16% same-store sales growth."While store comps (excl. digital) rose just 0.9% in F1Q, they turned meaningfully positive in 2H April driven by a surge in store sales/traffic even as digital sales were growing ~300%," Ohmes wrote in a note.Tigress Financial analyst Ivan Feinseth said any post-earnings weakness is a long-term buying opportunity for investors."Target will continue to benefit from a combination of online sales with in-store pickup along with its growing expansion of same-day delivery services," Feinseth wrote.The New Retail Environment Raymond James analyst Matthew McClintock said Target's first-quarter numbers confirm his long-term thesis for the retail sector as a whole.View more earnings on TGT"In a world of retail 'winners and losers,' those who have aggressively invested in omni-channel and supply chain capabilities, and those who have differentiated merchandising with highly relevant brands, have an immense market share opportunity over the next several years," McClintock wrote.KeyBanc analyst Edward Yruma said the economic downturn will widen the gap between retailers that are well-positioned for the future and those that aren't."Mix remains a NT headwind (GM down 452 bps), but we think it will actually be a significant tailwind given the likely door closures in the department store/home decor space," Yruma wrote.Ratings And Price Targets * Bank of America has a Buy rating and $150 target. * Raymond James has a Strong Buy rating and $150 target. * KeyBanc has an Overweight rating and $140 target.Target's stock traded around $118.15 per share at time of publication.Related Links:A Modern Retail Winner: Wall Street Bullish On Walmart Following Big Q1 Walmart Reports Q1 Earnings Beat, E-Commerce Sales Increase By 74%Photo by Mike Kalasnik/Wikimedia.Latest Ratings for TGT DateFirmActionFromTo May 2020UBSMaintainsNeutral May 2020StifelMaintainsHold May 2020BairdReiteratesOutperform View More Analyst Ratings for TGT View the Latest Analyst Ratings See more from Benzinga * Why Magic Johnson, Mark Cuban Are Connecting Minority-Owned Businesses With Millions In PPP Loans * JPMorgan Option Trader Bets M On Downside Ahead * Analysts React To Joe Rogan's Spotify Deal: 'This Is Undoubtedly A Coup'(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Target And Walmart Prove There's Still Some Life In Retail
    Benzinga

    Target And Walmart Prove There's Still Some Life In Retail

    Although the future of retail remains in question, its recent past shows it was at least trending in the right direction prior to the pandemic.On Tuesday, both Walmart, inc. (NYSE: WMT) and Target Corporation (NYSE: TGT) posted stronger-than-expected first-quarter revenue figures, although Walmart did miss bottom-line expectations whereas Target surpassed analysts' EPS target.WalmartOnce again, Walmart showed that its business fundamentals remain strong even in a period of growing uncertainty for brick-and-mortar retailers.This is in part thanks to a developed online storefront. During the quarter that ended in April, its online sales surged with overall revenues amounting to $134.62 billion which is an increase from $123.93 billion one year ago.First-quarter costs also rose to around $900 million, mostly due to COVID-19 related expenses including cleaning and safety precautions, along with increased hourly and bonus pay for store and warehouse workers. Moreover, just like Amazon.com, Inc. (NASDAQ: AMZN), it is among the rare few who will increase its workforce as it plans to increase its workforce with 150,000 workers to meet the surging demand. But Walmart went the extra mile as it included workers who have lost their jobs in the pretty much dead sector that includes hotels and restaurants, giving those workers immediate positions in delivery and order fulfillment.TargetIn its earnings release, Target posted net sales of $19.6 billion, exceeding estimates of $18.75 billion. This helped boost the company's operating income to $468 and provided shareholders an adjusted diluted EPS of 59 cents versus analyst estimates of 46 cents.However, Target did indicate some negatives in its report, including operating margins falling to 2.4% from 6.4% a year ago. The company attributes this to a combination of increased sales of lower-margin products such as food as well as investments in new safety measures and premium pay for hourly workers.Not all retailers were that "lucky"This is by no means the case for everyone in retail as just on Monday, besides cutting its full-year profit guidance, Home Depot, Inc. (NYSE: HD) missed Wall Street's forecasts as after pre-tax costs to counter the coronavirus pandemic reached $850 million. Even Walmart withdrew its guidance due to the uncertainty of this dynamic crisis which is creating many external variables with potential impact, the same reasons Target declined to the same.It can be said that e-commerce came to retail's rescue -moreover it helped all those retailers which boarded that train in time to deliver their brand promise even amid these unprecedented times.This article is not a press release and is contributed by a verified independent journalist for IAMNewswire. It should not be construed as investment advice at any time please read the full disclosure . IAM Newswire does not hold any position in the mentioned companies. Press Releases - If you are looking for full Press release distribution contact: press@iamnewswire.com Contributors - IAM Newswire accepts pitches. If you're interested in becoming an IAM journalist contact: contributors@iamnewswire.comThe post Target and Walmart Prove Retail Isn't Dead appeared first on IAM Newswire.See more from Benzinga * Telemedicine A COVID-19 Winner * Detroit's Big 3 Automakers Resume Production * Opinion: Is Amazon Really A Winner Of The Pandemic?(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Coca-Cola CEO: Business is improving but 'we have to be cautious'
    Yahoo Finance

    Coca-Cola CEO: Business is improving but 'we have to be cautious'

    Yahoo Finance speaks with Coca-Cola CEO James Quincey about the path forward from the COVID-19 pandemic.