Analysts See $0.89 EPS for Target Corporation (TGT)

Jay Anderson
May 18, 2017

(NYSE:TGT) opened at 55.04 on Thursday. At the time of writing, Shares the company recently traded 4.40% away 52-week low and noted price movement -29.98% away from the 52-week high level. The company has a market capitalization of $30.84 billion, a price-to-earnings ratio of 11.88 and a beta of 0.63. The firm's 50 day moving average is $55.14 and its 200-day moving average is $64.38.

Target Corporation (TGT) has gained $1.14, or +2.14%, in the last 30 days. (TGT) is 1.45 while the analysts predicted the EPS of the stock to be 1.51 suggesting the company fell short of the analysts' expectations. Return on Equity (ROE) stands at 23.7% and Return on Investment (ROI) of 15.5 percent. The average EPS estimate of 10 Wall Street analysts is $0.89 per share, compared to the company's reported EPS of $1.29 per share in the year-ago quarter. The firm's quarterly revenue was down 1.1% on a year-over-year basis. The company reported revenue of $17.1 Billion in the same period previous year.

Investors looking to grow long term wealth should devote at least some of their portfolio to companies that pay dividends. The ex-dividend date of this dividend 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. Susquehanna Bancshares Inc began coverage on Target in a report on Friday, February 10th. Target presently has an average rating of "Hold" and a consensus target price of $66.07. Vetr upgraded it to "Strong-Buy" rating and $86.04 target in Wednesday, September 2 report.

When it comes to the Analysis of a Stock, Price Target plays a vital role.

A number of equities research analysts recently issued reports on TGT shares. The stock of Target Corporation (NYSE:TGT) has "Hold" rating given on Monday, August 17 by Deutsche Bank.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.96 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell.

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Analysts on average have given a price target of $59.43 to Target Corp.

Liberty Ventures (LVNTA) declined -2.85% and its total traded volume was 0.87 million shares contrast to the average volume of 0.74 million shares. Following the purchase, the director now owns 16,431 shares of the company's stock, valued at approximately $901,404.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Other hedge funds and other institutional investors have also bought and sold shares of the company. The shares were purchased at an average price of $58.95 per share, for a total transaction of $294,750.00.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

Shares of Target Co.

COPYRIGHT VIOLATION WARNING: This story was reported by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this article on another website, it was copied illegally and republished in violation of United States and worldwide copyright and trademark laws. The original version of this report can be accessed at [[permalink]]. The firm's revenue was down 1.1% compared to the same quarter a year ago. Moreno Evelyn V purchased a new stake in shares of Target during the third quarter valued at $3,988,000. Vanguard Group Inc is the second biggest holder with 41 million shares now valued at 2.93 B million whilst BlackRock Fund Advisors has 23 million shares valued at 1.68 B million. Shelton Capital Management raised its position in Target by 76.5% in the first quarter. It has a dividend yield of 4.30% and a 5 year dividend growth rate of 15.60%. RI boosted its stake in shares of Target by 0.4% in the first quarter. The stock's quarterly performance represents pessimistic momentum of -14.6 percent. BlackRock Inc. increased its stake in shares of Target by 2,069.0% in the first quarter.

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