1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
Capital Allocation
INVESTOR
Target has adapted to retail digitization, but we believe it faces a highly competitive environment with negligible customer switching costs, exacting pressure to elevate service while holding prices low. Without the scale of Walmart and Amazon or the differentiated business models that characterize moat-endowed defensive retailers we cover, we expect no-moat Target will be vulnerable to the competitive onslaught.
With 1,948 stores (as of the end of fiscal 2022), Target is a leading American general merchandise retailer, offering a variety of products across several categories, including beauty and household essentials (27% of fiscal 2022 sales), food and beverage (21%), home furnishings and decor (18%), hardlines (16%), and apparel and accessories (16%). Most of Target’s stores are large, averaging more than 125,000 square feet. The company has a significant e-commerce presence, deriving around 19% of sales from digital channels (up from about 9% in fiscal 2019, before the pandemic). In addition to its namesake stores, Target owns Shipt, an online same-day delivery platform. After it exited Canada in 2015, virtually all of Target’s revenue is generated from the United States.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of TGT’s competitive advantage.
Target Corp
XNYS: TGT
| Dollar Tree Inc
XNAS: DLTR
| Walmart Inc
XNYS: WMT
| Dollar General Corp
XNYS: DG
| |
Price
| 130.29 | 130.12 | 150.14 | 158.64 |
Currency
| USD | USD | USD | USD |
Change
| −$2.94 (2.20%) | −$3.49 (2.61%) | +$1.32 (0.89%) | −$7.48 (4.50%) |
Market Cap
| 60.10 Bil | 28.67 Bil | 404.89 Bil | 34.84 Bil |
Industry
| Discount Stores | Discount Stores | Discount Stores | Discount Stores |
Sector
|
Consumer Defensive
|
Consumer Defensive
|
Consumer Defensive
|
Consumer Defensive
|
* Trading data in this section is delayed by at least 15 minutes.
Yes. TGT has a forward dividend yield of 3.24%.
See
TGT’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
TGT’s market cap is 60.10 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
TGT’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
TGT’s price/sales is 0.57.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
TGT’s price/forward earnings is 22.70.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
TGT’s price/book is 5.30.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See TGT’s valuation ratios compared to the Market Index.
TGT’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare TGT’s historical performance against its industry peers and the overall market.
