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Target Corp (TGT) Stock Could Soon Reward Patient Investors

Target Corp (NYSE: TGT) is -34.34% lower on its value in year-to-date trading and has touched a low of $90.25 and a high of $173.04 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 $94.38 in the last trading session, with the day’s loss setting it -5.62%.

Currently trading at $88.76, the stock is -13.73% and -24.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 13.36 million and changing -5.95% at the moment leaves the stock -35.85% off its SMA200. TGT registered -48.33% loss for a year compared to 6-month loss of -41.94%. The firm has a 50-day simple moving average (SMA 50) of $117.6646 and a 200-day simple moving average (SMA200) of $138.3539.

The stock witnessed a -22.04% gain in the last 1 month and extending the period to 3 months gives it a -36.28%, and is -15.01% 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 7.17% over the week and 3.88% over the month.

Target Corp (TGT) has around 440000 employees, a market worth around $40.44B and $106.57B in sales. Current P/E ratio is 10.02 and Fwd P/E is 9.18. Profit margin for the company is 3.84%. Distance from 52-week low is -1.65% and -48.71% from its 52-week high. The company has generated returns on investments over the last 12 months (12.57%).

with sales reaching $24.59B over the same period.The EPS is expected to grow by 1.53% this year, but quarterly earnings will post 1.26% year-over-year. Quarterly sales are estimated to grow 0.23% in year-over-year returns.

Target Corp (TGT) Top Institutional Holders

2469.0 institutions hold shares in Target Corp (TGT), with institutional investors hold 84.07% of the company’s shares. The shares outstanding are 455.57M, and float is at 454.32M with Short Float at 3.18%. Institutions hold 83.85% 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 7.0814 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).

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