The price of Target Corp (NYSE:TGT) shares last traded on Wall Street rose 0.38% to $133.38.
TGT stock price is now 15.51% away from the 50-day moving average and -2.05% away from the 200-day moving average. The market capitalization of the company currently stands at $61.58B.
With the price target enhanced from $145 to $160, Telsey Advisory Group maintained Outperform rating for Target Corp (NYSE: TGT).
In other news, ZABEL MATTHEW L, Executive Officer sold 4,000 shares of the company’s stock on Nov 28. The stock was sold for $525,320 at an average price of $131.33. Upon completion of the transaction, the Executive Officer now directly owns 16,486 shares in the company, valued at $2.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22, Executive Officer HENNINGTON CHRISTINA sold 4,000 shares of the business’s stock. A total of $522,195 was realized by selling the stock at an average price of $130.55. This leaves the insider owning 38,451 shares of the company worth $5.13 million. Insiders disposed of 326,832 shares of company stock worth roughly $43.59 million over the past 1 year. A total of 0.26% of the company’s stock is owned by insiders.
A candlestick chart of Target Corp (NYSE: TGT) showed a price of $133.24 on Wednesday morning. During the past 12 months, Target Corp has had a low of $102.93 and a high of $181.70. As of last week, the company has a debt-to-equity ratio of 1.55, a current ratio of 0.86, and a quick ratio of 0.18. According to the stock market information, the enterprise value for the company is $78.69B, which is based on a 16.99 price-to-earnings ratio, a 0.84 price-to-earnings-growth ratio, and a beta of 1.12. The fifty day moving average price for TGT is $115.47 and a two-hundred day moving average price translates $136.17 for the stock.
The latest earnings results from Target Corp (NYSE: TGT) was released for Oct, 2023. According to the Discount Stores Company, earnings per share came in at $1.94, beating analysts’ expectations of $1.36 by 0.58. This compares to $1.54 EPS in the same period last year. The net profit margin was 3.40% and return on equity was 30.87% for TGT. The company reported revenue of $25.4 billion for the quarter, compared to $26.52 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.22 percent. For the current quarter, analysts expect TGT to generate $31.87B in revenue.
