Latest Tally Of Analyst Opinions: Target Corporation (TGT), Halliburton Company
- Author: Zachary Reyes May 24, 2017,
May 24, 2017, 3:38
For the Current Quarter, the growth estimate for Target Corp.is -14.6%, while for the Next Quarter the stock growth estimate is -26.9%. (NYSE:TGT) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). LSV Asset Management now owns 4,849,168 shares of the retailer's stock valued at $333,040,000 after buying an additional 292,180 shares during the last quarter. Target Corp. (TGT) has the market capitalization of 30.93 Billion. Tompkins Financial Corp now owns 1,711 shares of the retailer's stock valued at $141,000 after buying an additional 781 shares during the period. Woodmont Investment Counsel LLC acquired a new stake in Target during the third quarter worth $128,000. It also increased its holding in O Reilly Automotive Inc (NASDAQ:ORLY) by 18,236 shares in the quarter, for a total of 31,759 shares, and has risen its stake in Ishares (IWS). Inc. now owns 6,173 shares of the retailer's stock worth $424,000 after buying an additional 500 shares during the period. Linscomb & Williams Inc. raised its stake in Target by 0.7% in the fourth quarter.
The company shows its Return on Assets (ROA) value of 7.1%. Institutional investors and hedge funds own 88.53% of the company's stock. The 52-week high price of the stock is $78.61 while its 52-week Low price is $52.72.
Target Corp. (TGT) belongs to the "Services" sector with an industry focus on "Discount, Variety Stores", with Mr. Brian C. Cornell as Chairman and Chief Exec. Officer.
Target Corp. (TGT) has the market capitalization of $30.64 Billion. The company's 50-day moving average is $55.14 and its 200-day moving average is $64.38.
Target (NYSE:TGT) last posted its earnings results on Wednesday, May 17th.
Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Target Corp. the EPS stands at 1.21 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.91, suggesting the stock exceeded the analysts' expectations. Target had a return on equity of 25.18% and a net margin of 4.75%. The firm's quarterly revenue was down 1.1% on a year-over-year basis. The stock has been upbeat for quite some time as is up 0.13% for the last 20 trading days, and now the firm's performance is turning out to be bullish with a 1.31% gain for the week.
The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. Shareholders of record on Wednesday, May 17th will be given a dividend of $0.60 per share. The company has managed to keep price to sales ratio of 2.60 against an industry average of 4.05. The ex-dividend date is Monday, May 15th.
Now the P/E of Target Corp. stands at 11.67.
WARNING: "Target Co. (TGT) Shares Bought by North Star Investment Management Corp." was reported by Stock Observer and is the sole property of of Stock Observer. If you are viewing this news story on another publication, it was stolen and reposted in violation of United States and global trademark and copyright law. First National Bank Sioux Falls boosted its position in shares of Target by 18.5% in the third quarter.
A number of equities research analysts have commented on the company. The stock of Target Corporation (NYSE:TGT) earned "Outperform" rating by Cowen & Co on Saturday, August 22. Their 52-Week High and Low are noted here. Instinet decreased their price objective on shares of Target to $60.00 in a research note on Wednesday, March 1st. Stifel Nicolaus dropped their price target on shares of Target from $72.00 to $58.00 and set a hold rating for the company in a research note on Wednesday, March 1st. Finally, Goldman Sachs Group Inc set a $53.00 price target on shares of Target and gave the stock a "sell" rating in a research note on Wednesday, March 1st. Six analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and eight have assigned a buy rating to the company. The stock presently has an average rating of "Hold" and an average price target of $65.49.
The (Simple Month Average) SMA20 is at -0.28 percent, its SMA50 Value is 2.02% and SMA200 value is reported as -14.37 Percent. The shares were bought at an average price of $54.86 per share, with a total value of $548,600.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The stock was purchased at an average price of $58.20 per share, with a total value of $116,400.00. The disclosure for this purchase can be found here. These analysts have also projected a Low Estimate of $0.79/share and a High Estimate of $1.15/share.
Target Corporation is a general merchandise retailer selling products through its stores and digital channels.