- Previous Close
148.52 - Open
149.04 - Bid 150.02 x 800
- Ask 150.10 x 800
- Day's Range
148.09 - 150.45 - 52 Week Range
105.23 - 181.86 - Volume
1,427,596 - Avg. Volume
4,130,142 - Market Cap (intraday)
69.092B - Beta (5Y Monthly) 1.24
- PE Ratio (TTM)
15.49 - EPS (TTM)
9.68 - Earnings Date Nov 20, 2024
- Forward Dividend & Yield 4.48 (3.02%)
- Ex-Dividend Date Nov 20, 2024
- 1y Target Est
176.13
Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies. It also provides dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, and food service; electronics, which includes video game hardware and software, toys, entertainment, sporting goods, and luggage; and furniture, lighting, storage, kitchenware, small appliances, home decor, bed and bath, home improvement, school/office supplies, greeting cards and party supplies, and other seasonal merchandise. In addition, the company sells merchandise through periodic design and creative partnerships, and shop-in-shop experience; and in-store amenities. Further, it sells its products through its stores; and digital channels, including Target.com. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.
corporate.target.com415,000
Full Time Employees
February 03
Fiscal Year Ends
Sector
Industry
Recent News: TGT
View MoreRelated Videos: TGT
Performance Overview: TGT
Trailing total returns as of 10/31/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: TGT
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: TGT
View MoreValuation Measures
Market Cap
68.42B
Enterprise Value
83.66B
Trailing P/E
15.34
Forward P/E
14.22
PEG Ratio (5yr expected)
1.74
Price/Sales (ttm)
0.64
Price/Book (mrq)
4.74
Enterprise Value/Revenue
0.78
Enterprise Value/EBITDA
9.17
Financial Highlights
Profitability and Income Statement
Profit Margin
4.18%
Return on Assets (ttm)
7.23%
Return on Equity (ttm)
33.97%
Revenue (ttm)
107.3B
Net Income Avi to Common (ttm)
4.49B
Diluted EPS (ttm)
9.68
Balance Sheet and Cash Flow
Total Cash (mrq)
3.5B
Total Debt/Equity (mrq)
132.80%
Levered Free Cash Flow (ttm)
3.74B
Research Analysis: TGT
View MoreCompany Insights: TGT
TGT does not have Company Insights
Research Reports: TGT
View MoreDespite Its Ubiquitous Brand, Target's Competitive Standing Looks Precarious Amid Stout Competition
Target serves as the nation’s seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target’s upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer. Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm’s vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.
RatingPrice TargetChecking Our List: Holiday Sales May Rise 3%
We expect holiday retail sales to rise about 3% this year to almost $1 trillion. Our experience is that when U.S. consumers are employed, they go out of their way make the season special. We believe the Fed's 50-basis-point rate cut last month, unemployment's downtick to 4.1%, and the potential for 3% GDP growth in 3Q are catalysts to make the season bright. The average annual sales gain during the past 20 holidays has been 4%, with a 3.8% increase last year and a high of 12% in the pandemic-recovery year of 2021. The only decline, of 4.7%, came as the economy entered a deep recession in 2008. We calculate holiday sales the same way the National Retail Federation does, based on the year-over-year change in the Commerce Department's Retail Sales data for the combined months of November and December. Like the NRF, we exclude sales at gas stations, car dealers, and restaurants -- and focus on core retail. There are three categories that represent two-thirds of holiday-season sales and drive our forecast: grocery stores, general merchandise stores, and e-commerce. Our forecasts for those categories are +2%, +3%, and +6.5%, respectively. Why is our forecast slightly below the historical average in a strong economy? Retail sales have a heavy weighting in non-durable goods, which has not been a blockbuster category, declining 0.8% in the 1Q GDP report and rising only 1.7% in the 2Q report. As well, a lot of the strength in both GDP and consumer spending has been in services, which also aren't a major factor in retail sales. Finally, GDP has had a big boost from investments, including AI, which aren't a factor in retail sales. Within our sales forecast, e-commerce is the biggest category, representing 30% of holiday sales. While e-commerce could grow faster than our 6.5% estimate, it has a tough comparison in an already big category. What would it take for holiday sales to grow 4%? Nine percent growth in e-commerce might do it, but that's a high hurdle.
Despite Its Ubiquitous Brand, Target's Competitive Standing Looks Precarious Amid Stout Competition
Target serves as the nation’s seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target’s upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a leading US retailer. Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm’s vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.
RatingPrice TargetLarge Cap US Pick List - October 2024
This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.