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Target Corp TGT Stock Quote

Morningstar Rating
| Rating as of

NYSE: TGT

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Market Closed

| Currency in USD

  • Last Close 112.60
  • Sector Consumer Defensive
  • Industry Discount Stores
  • Investment Style Large Value
  • Day Range 112.54  –  117.37
  • Year Range 112.54  –  180.46
  • Market Cap 51.9768 Bil
  • Volume / Avg 6.6 Mil /  4.8 Mil
  • Price / Sales 0.48
  • Price / Book 4.33
  • Forward Div Yield 3.28%
  • Trailing Div Yield 3.85%

Morningstar‘s Stock Analysis TGT

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Target Earnings: Margins Improve, but Sales Suffer From Pullback in Discretionary Categories

Noah Rohr Analyst

Analyst Note

| Noah Rohr |

No-moat Target delivered mixed second-quarter results, as the retailer showed encouraging margin improvement but faced top-line pressure in its discretionary product categories. Against a precarious economic backdrop, the retailer reduced its 2023 earnings per share guidance to $7.00-$8.00 from $7.75-$8.75 and expects full-year comparable sales to fall by a mid-single-digit percentage. Encouragingly, Target's inventory levels continued to normalize, with inventory in discretionary product categories down 25% compared with the prior year, reducing the need for significant promotional destocking. Nonetheless, we are lowering our fair value estimate to $139 per share from $141 to account for the more pronounced pullback in near-term expectations.

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Key Statistics TGT

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Company Profile TGT

Business Description

Target serves as the nation’s sixth-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 nearly $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 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.

Contact
1000 Nicollet Mall
Minneapolis, MN, 55403
Sector Consumer Defensive
Industry Discount Stores
Employees 440,000

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Related News TGT

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Competitors & Peers TGT

More on TGT’s Competitors & Peers

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
112.60104.50162.35108.14
Currency
USDUSDUSDUSD
Change
−$4.72 (4.02%) −$1.00 (0.95%) +$0.43 (0.27%) −$1.62 (1.48%)
Market Cap
51.98 Bil22.99 Bil436.98 Bil23.73 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.

FAQs for Target Corp Stock

Yes. TGT has a forward dividend yield of 3.91%. 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 51.98 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 0.48.
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 15.45.
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 4.33.
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.