Target Corporation (NYSE:TGT) has a beta of 1.01, a 12-month trailing P/E ratio of 23.76, and a growth ratio of 2.39. The stock’s Relative Strength Index (RSI) is 71.88, with weekly volatility at 2.05% and ATR at 5.03. The TGT stock’s 52-week price range has touched low of $92.13 and a $205.80 high. Its shares traded higher over the last trading session, gaining 0.04% on 04/06/21. The shares fell to a low of $202.95 before closing at $205.43. Intraday shares traded counted 2.49 million, which was 38.61% higher than its 30-day average trading volume of 4.05M. TGT’s previous close was $205.35 while the outstanding shares total 500.60M.
Investors have identified the Discount Stores company Target Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $101.08 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Target Corporation (TGT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For TGT, the company has in raw cash 8.51 billion on their books with 1.14 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 20.76 billion total, with 20.13 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 9.58 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TGT sounds very interesting.
Is the stock of TGT attractive?
In related news, Chief Accounting Officer, HARRISON ROBERT M sold 2,282 shares of the company’s stock in a transaction that recorded on Mar 25. The sale was performed at an average price of 192.45, for a total value of 439,167. As the sale deal closes, the Executive Officer, HENNINGTON CHRISTINA now sold 1,852 shares of the company’s stock, valued at 338,916. Also, Executive Officer, Kremer Melissa K sold 716 shares of the company’s stock in a deal that was recorded on Mar 19. The shares were price at an average price of 188.00 per share, with a total market value of 134,608. Following this completion of acquisition, the Executive Officer, FIDDELKE MICHAEL J now holds 450 shares of the company’s stock, valued at 80,767. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
19 out of 29 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Target Corporation. 1 analysts has assigned a Sell rating on the TGT stock. The 12-month mean consensus price target for the company’s shares has been set at $203.51.