Target Corp (NYSE: TGT) is -22.75% lower on its value in year-to-date trading and has touched a low of $100.50 and a high of $181.86 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TGT stock was last observed hovering at around $104.36 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $104.43, the stock is -2.90% and -14.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.07 million and changing 0.07% at the moment leaves the stock -25.16% off its SMA200. TGT registered -41.07% loss for a year compared to 6-month loss of -32.70%. The firm has a 50-day simple moving average (SMA 50) of $121.9014 and a 200-day simple moving average (SMA200) of $139.543.
The stock witnessed a -13.52% gain in the last 1 month and extending the period to 3 months gives it a -22.93%, and is -0.92% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.93% over the month.
Target Corp (TGT) has around 440000 employees, a market worth around $47.58B and $106.57B in sales. Current P/E ratio is 11.79 and Fwd P/E is 10.59. Profit margin for the company is 3.84%. Distance from 52-week low is 3.91% and -42.58% from its 52-week high. The company has generated returns on investments over the last 12 months (12.57%).
The EPS is expected to grow by 2.93% this year.
Target Corp (TGT) Top Institutional Holders
2466.0 institutions hold shares in Target Corp (TGT), with institutional investors hold 83.97% of the company’s shares. The shares outstanding are 455.57M, and float is at 454.35M with Short Float at 3.18%. Institutions hold 83.76% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 44.52 million shares valued at $6.59 billion. The investor’s holdings represent 9.6318% of the TGT Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 32.75 million shares valued at $4.85 billion to account for 7.086 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 32.41 million shares representing 7.0073% and valued at over $4.8 billion, while CAPITAL WORLD INVESTORS holds 4.4499 of the shares totaling 20.58 million with a market value of $3.05 billion.
Target Corp (TGT) Insider Activity
The most recent transaction is an insider sale by Cornell Brian C, the company’s Executive Officer. SEC filings show that Cornell Brian C sold 45,000 shares of the company’s common stock on Mar 11 ’25 at a price of $113.37 per share for a total of $5.1 million. Following the sale, the insider now owns 0.26 million shares.
Still, SEC filings show that on Mar 07 ’25, LIEGEL MATTHEW A (Chief Accounting Officer) disposed off 287 shares at an average price of $113.52 for $32580.0. The insider now directly holds 7,173 shares of Target Corp (TGT).
