Markets

Can Target Corporation (TGT) Shock Analysts Again?

Can Target Corporation (TGT) Shock Analysts Again?

The average analysts gave this company a mean recommendation of 1.80. Zacks has "Hold" rating and $91 target.

The share of Target Corp.

Whereas they predicted High and Low Earnings Estimate as $1.01 and $0.82 respectively.

In case of Revenue Estimates, 15620000 analysts have provided their consensus Average Revenue Estimates for Target Corp.as 21000.

Target Corporation (TGT) has gained $1.14, or +2.14%, in the last 30 days.

The company's expected revenue in the current quarter to be 15.62 Billion, seeing a projected current quarter growth of -29.5%, and per annum growth estimates over the next 5 year period of around -0.65%. According to these analysts, the Low Revenue Estimate for Target Corp.is 15.38 Billion and the High Revenue Estimate is 15.86 Billion. The Return on Equity ratio of Target Corp. The business's quarterly revenue was down 1.1% on a year-over-year basis.

In terms of earnings per share, 24 analysts have a 1.00 EPS mean target for the quarter ending Jul-17, for the quarter ending Oct-17, 24 analysts have a 0.79 EPS mean target and for the quarter ending Oct-17 there are 24 estimates of 5.06 EPS.

Several equities research analysts have recently commented on the company. TheStreet downgraded Target from a "b-" rating to a "c+" rating in a research note on Monday, March 27th.

Wider ban on laptops would cost passengers $1 billion, airline group warns
The association proposed more in-depth pre-flight screening, rather than forcing passengers to give up their electronics. American officials were invited to Brussels next week to discuss the proposed ban, the European Union said .


In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Stifel Nicolaus assumed coverage on Target in a report on Thursday, January 19th. Six investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and eight have issued a buy rating to the company's stock.

On 5/20/2016 Catherine R Smith, Insider, bought 5,000 with an average share price of $67.82 per share and the total transaction amounting to $339,100.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

In other news, Director Donald R. Knauss acquired 10,000 shares of Target stock in a transaction on Thursday, March 9th. The disclosure for this purchase can be found here. Following the transaction, the director now owns 16,431 shares of the company's stock, valued at $901,404.66. Company insiders own 0.25% of the company's stock. The original version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/05/18/target-co-tgt-position-maintained-by-manchester-capital-management-llc-updated.html.

KeyCorp (NYSE:KEY) shares moved to $18.21 after opening the day at $18.10, on Friday. Carroll Financial Associates Inc. boosted its position in Target by 5.8% in the first quarter. Finally, Focused Wealth Management Inc purchased a new position in Target during the fourth quarter worth $166,000. Renaissance Technologies LLC purchased a new stake in shares of Target during the fourth quarter worth about $129,277,000. BlackRock Inc. now owns 47,046,403 shares of the retailer's stock worth $2,596,495,000 after buying an additional 44,877,391 shares in the last quarter. The stock of Target Corporation (NYSE:TGT) has "Hold" rating given on Monday, August 17 by Deutsche Bank. Finally, Investment Centers of America Inc. raised its position in Target by 9.6% in the first quarter.

The stock has a 1-year performance down -23.70% and a negative weekly performance at -2.65%. The company's shares traded on stronger-than-usual volume today: $11.92M shares changed hands while the stock's average volume is 7.65M shares per day. Target Co. The firm has a market capitalization of $30.70 billion, a P/E ratio of 11.83 and a beta of 0.63. Target Corporation's 50-day moving average is $55.00 and its 200-day moving average is $64.70. The stock appeared -6.50% below its 52-week highs and is up 1.38% for the last five trades. Target also saw some unusual options trading on Thursday. Earnings per share are calculated by dividing a company's net income by its number of shares outstanding.

The business also recently declared a quarterly dividend, which will be paid on Saturday, June 10th. A recommendation of 1 or 2 would represent a consensus Buy. The ex-dividend date is Monday, May 15th.

On 9/21/2016 Target announced a quarterly dividend of $0.60 3.5% with an ex dividend date of 11/14/2016 which will be payable on 12/10/2016.

Continuing the momentum, Target's digital channel sales grew 22% in the quarter, but remain significantly small to make up for the decline at its brick and mortar stores - the company expects low single digit decline in comps throughout 2017.


  • Morning Runner: Wal-Mart Stores Inc. (WMT)

    Morning Runner: Wal-Mart Stores Inc. (WMT)

    News coverage about Wal-Mart Stores (NYSE:WMT) has trended somewhat positive this week, AlphaOne Sentiment reports. The company has a market capitalization of $231.39 billion, a price-to-earnings ratio of 17.42 and a beta of 0.09.

    Senators Toomey, Casey react to report Trump shared classified info with Russians

    In a later tweet , Trump took aim at "LEAKERS in the intelligence community", a frequent target of his months-old administration. Former Defense Secretary and CIA Director Leon Panetta called Trump a "loose cannon" Tuesday morning in an appearance on CNN .

    Excessive caffeine led to death of teen, coroner says

    NBC News reports that the death of a 16-year-old student last month in SC has officially been deemed a caffeine overdose . A SC high school student died after ingesting a large amount of caffeine, the Richland County Coroner told WOLO .
  • ICJ order is just a basic ruling, says Pakistani delegation

    ICJ order is just a basic ruling, says Pakistani delegation

    It rejected Pakistan's contention that a 2008 bilateral agreement between the two precluded the application of Vienna Convention . Asian neighbors Pakistan and India have a history of bitter relations, and Jadhav's death sentence has further strained ties.

    Top Trump aide won't say if Western Wall is part of Israel

    Conflict seems to be brewing in regards to not only the USA embassy, but the Western Wall, as well. This is, of course, completely contrary to Trump's pro-Israel campaign rhetoric.
    Macron to name PM on first day as French President

    Macron to name PM on first day as French President

    Meanwhile, Mr Juppe described the new prime minister as "a man of great talent" with "all the qualities to handle the hard job". Newly elected president Emmanuel Macron's party is due to announce the list of candidates on Thursday.
  • Cereals, hair oil, soaps to cost less in GST; cess on cars

    Jaitley said that in case the Council is unable to complete discussions, it might decide to meet again in the "near future". Currently, there are 17 items in the negative list of services on which service tax is not levied.
    Apple, Qualcomm spat intensifies, manufacturers drawn in

    Apple, Qualcomm spat intensifies, manufacturers drawn in

    The rub here is that Qualcomm says many of these licensing agreements were in place before Apple produced its first iPhone. In Wednesday's complaint, Qualcomm alleges that Apple "orchestrated" the actions of the contract manufacturers against it.

    Google's building its own smartphone-free Daydream VR headsets

    The Google-powered standalone VR products will also use positioning inside-out tracking technology Google calls WorldSense . It's also similar to Microsoft's Mixed Reality Headset development kits with inside-out tracking.
  • Nigeria negotiating with Boko Haram for more Chibok releases

    Those girls are in a government rehabilitation camp where they rarely see their families. Some of the released girls during their meeting with President Buhari on Sunday.

    Private plane disappeared in the Bermuda triangle

    A private plane carrying four people, including two children, has disappeared while flying through the infamous Bermuda Triangle. Webber was assisting, along with the Customs and Border Patrol and the Royal Bahamas Defense Force, the Coast Guard said.
    Two die after Greek passenger train derails

    Two die after Greek passenger train derails

    That announcement early Sunday corrects an earlier statement in which Trainose had put the number of dead at four, with 5 injured. A 24-year-old man who lived in the building reportedly jumped off a balcony to safety just before impact.