In Tuesday’s Wall Street session, Target Corp (NYSE:TGT) shares traded at $117.14, down -3.00% from the previous session.
TGT stock price is now -11.94% away from the 50-day moving average and -18.56% away from the 200-day moving average. The market capitalization of the company currently stands at $53.67B.
On November 26, 2024, Daiwa Securities Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock reducing its target price from $170 to quote $130, while ‘Telsey Advisory Group’ rates the stock as ‘Outperform’
In other news, Gomez Richard H., Executive Officer sold 6,348 shares of the company’s stock on Sep 27 ’24. The stock was sold for $997,715 at an average price of $157.17. Upon completion of the transaction, the Executive Officer now directly owns 123,551 shares in the company, valued at $14.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 27 ’24, Officer Gomez Richard H. bought 6,348 shares of the business’s stock. A total of $997,716 was incurred on buying the stock at an average price of $157.17. A total of 0.25% of the company’s stock is owned by insiders.
During the past 12 months, Target Corp has had a low of $119.92 and a high of $181.86. As of last week, the company has a debt-to-equity ratio of 1.60, a current ratio of 0.94, and a quick ratio of 0.25.
The net profit margin was 4.06% and return on equity was 32.37% for TGT. The company reported revenue of $25.67 billion for the quarter, compared to $25.4 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.06 percent.
