Hot Stock in Focus: Target Corp. (TGT)

Target Corp. (TGT) plummeted -0.02 percent and ended the day at $53.39. The Average Volume of the company is 7.83 Million and P/E (price to earnings) ratio is 11.62, while Forward P/E ratio is 13.27.

Wolfe Research Downgrade its coverage for Target Corp. (TGT) in a note sent to investors on 1-Mar-17. The research firm Downgrade the stock to Underperform. Moreover, Telsey Advisory Group issued Downgrade rating for the stock on 1-Mar-17. Susquehanna also Initiated the company to Neutral on 10-Feb-17, 2016. Additionally, Bernstein Initiated its ratings on the stock to Outperform.

The highest price TGT stock touched in the last 12 month was $81.39 and the lowest price it hit in the same period was $52.72. The stock has a Return on Assets of 7.1 percent, Return on Investment of 15.5 percent and a Return on Equity of 23.7 percent. The company’s market cap is $29.51 Billion.

Target Corp. (TGT)’s growth estimate is -29.5 percent for the current quarter. The growth estimate for the next quarter is -17.9 percent. The company’s stock has climbed 4.64 percent in the past five year. The company is expected to grow by -0.65 percent over the next five years.

Target Corp. (TGT) has been given an average price target of $61.1 from analysts, according to data collected by Finviz.

Now we look at the Moving Averages, the 200-day is -20.7, the 50-day is -8.52 and the 20-day is -0.85. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.

Looking forward, the company is expected to report earnings of $1.01 per share for the current quarter. Revenue is expected in between 15.86 Billion and 15.38 Billion with an average of 15.62 Billion.

Target Corp. (TGT) has a mean recommendation of 2.85, according to data compiled by Zacks Investment Research. The recommendation scale measures the value from 1 to 5, where 1 means ‘’Strong Buy’’ and 5 stands for ’’Sell’’.

Target Corp. (TGT) performance during the last one year Degraded -32.51 percent, while its year to date (YTD) performance showed a Negative trend of -25.4 percent. The stock Fell -19.93 percent over the past six months. The stock’s quarterly performance indicates a Negative momentum of -24.38 percent, whereas its last one month trend is Pessimistic with -2.16 percent. Its weekly performance showed a downward trend of -0.34 percent.

Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 3.9 percent, operating profit margin was 7.2 percent, whereas gross profit margin stands at 29.7 percent. Beta factor was calculated at 0.51.

Target Corp. (TGT) has 556.1 Million shares outstanding and 551.79 Million shares were floated in market. The short ratio in the company’s stock is documented at 4.75 and the short float is around of 6.74%. The stock’s average true range of stands at 0.85, while the relative strength index is 35.18.

Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 0.3, current ratio was 0.9, LT Debt/Equity ratio was 1.01 and Total Debt/Equity ratio was 1.16.