Target Corp [TGT] is 9.93% higher this YTD. Is it still time to buy?

Target Corp [NYSE: TGT] traded at a high on Monday, posting a 2.91 gain after which it closed the day’ session at $156.56.

The results of the trading session contributed to over 6488404 shares changing hands. Over the past one week, the price volatility of Target Corp stands at 1.98% while the volatility over the past one month is 2.07%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for TGT stock reached $71.49 billion, with 461.68 million shares outstanding and 459.55 million shares in the current float. Compared to the average trading volume of 4.04M shares, TGT reached a trading volume of 6488404 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Target Corp [TGT]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TGT shares is $175.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TGT stock is a recommendation set at 2.08. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Bernstein have made an estimate for Target Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on October 22, 2024. The new note on the price target was released on August 26, 2024, representing the official price target for Target Corp stock. Previously, the target price had yet another raise from $190 to $195, while Telsey Advisory Group kept a Outperform rating on TGT stock. On August 22, 2024, analysts increased their price target for TGT shares from 158 to 160.

The Average True Range (ATR) for Target Corp is set at 3.35, with the Price to Sales ratio for TGT stock in the period of the last 12 months amounting to 0.67. The Price to Book ratio for the last quarter was 5.01, with the Price to Cash per share for the same quarter was set at 7.66. Price to Free Cash Flow for TGT in the course of the last twelve months was 13.57 with Quick ratio for the last quarter at 0.27.

How has TGT stock performed recently?

Target Corp [TGT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.14. With this latest performance, TGT shares dropped by -0.18% in over the last four-week period, additionally sinking by -0.10% over the last 6 months – not to mention a rise of 20.49% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TGT stock in for the last two-week period is set at 57.91, with the RSI for the last a single of trading hit 61.80, and the three-weeks RSI is set at 55.72 for Target Corp [TGT]. The present Moving Average for the last 50 days of trading for this stock 152.68, while it was recorded at 154.56 for the last single week of trading, and 154.06 for the last 200 days.

Target Corp [TGT]: Deeper insight into the fundamentals

Target Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.27 and a Current Ratio set at 0.90.

Earnings analysis for Target Corp [TGT]

With the latest financial reports released by the company, Target Corp posted 2.1/share EPS, while the average EPS was predicted by analysts to be reported at 1.48/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.62. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TGT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Target Corp go to 8.12%.

Insider trade positions for Target Corp [TGT]

There are presently around $83.86%, or 84.06%% of TGT stock, in the hands of institutional investors. The top three institutional holders of TGT stocks are: VANGUARD GROUP INC with ownership of 44.52 million shares, which is approximately 9.6318%. STATE STREET CORP, holding 32.75 million shares of the stock with an approximate value of $$4.85 billion in TGT stocks shares; and STATE STREET CORP, currently with $$4.8 billion in TGT stock with ownership which is approximately 7.0119%.