TGT Stock Summary and Trading Ideas (Target | NYSE:TGT)

Target serves as the nation's seventh-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s-a decade in which the brand saw its top line grow threefold to almost $30 billion-and has since cemented itself as a leading US retailer. Today, Target operates over 1,950 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Target trades on the NYSE stock market under the symbol TGT.

As of November 26, 2024, TGT stock price declined to $126.55 with 7,756,847 million shares trading.

TGT has a beta of 0.35, meaning it tends to be less sensitive to market movements. TGT has a correlation of 0.02 to the broad based SPY ETF.

TGT has a market cap of $58.12 billion. This is considered a Large Cap stock.

Last quarter Target reported $26 billion in Revenue and $1.85 earnings per share. This fell short of revenue expectation by $-232 million and missed earnings estimates by -$.45.

In the last 3 years, TGT traded as high as $254.87 and as low as $102.93.

The top ETF exchange traded funds that TGT belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.

TGT has underperformed the market in the last year with a price return of +0.5% while the SPY ETF gained +33.5%. TGT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -19.5% and -16.7%, respectively, while the SPY returned +7.2% and +0.3%, respectively.

TGT support price is $128.39 and resistance is $132.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TGT shares will trade within this expected range on the day.