Target is a discount store company located in Minnesota, United States, which is part of the Consumer Defensive sector, and is traded under the ticker TGT on the NYSE exchange.
Target stock last closed at $149.99, down 0.56% from the previous day, and has increased 35.07% in one year. It has overperformed other stocks in the Discount Stores industry by 0.06 percentage points. Target stock is currently +42.54% from its 52-week low of $105.23, and -17.52% from its 52-week high of $181.86.
At the moment, there are 460.67M shares of TGT outstanding. The market cap of TGT is $69.10B. In the past 24 hours, 3.28M TGT shares were traded.
How to Buy Target Stock
Wondering how to invest in Target stock? Here's how.
Decide where to buy Target stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Target stock.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Fund your brokerage account: Select your method of payment and add your info.
Evaluate Target stock: The Target ticker symbol is TGT. Is Target stock a good investment? Should you buy shares of TGT? How do TGT's underlying business fundamentals look? Do top analysts think Target is a good buy? Why has TGT's stock price moved recently? (Hint: Our stock market research website can help you decide if TGT is a good stock to buy).
Make your TGT buy order: Decide if you will purchase TGT shares at the current market price or use a limit order to purchase TGT shares at a given price.
Get the latest news on your TGT investment: Create a watchlist to keep track of your position in Target shares.
Step 1: Decide where to buy Target stock
You need an online brokerage account in order to access the NYSE market and buy TGT shares.
A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
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Step 2: Sign up for a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you can invest in TGT stock today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Evaluate Target stock
After you have selected the best place to buy Target stock, it's important to research their stock before you invest, so you can wrap your head around the risk and opportunity.
Target quick stats
TGT Price
$149.99
1w %
0.46%
1y %
35.07%
5y %
37.9%
P/E
15.45x
P/B
4.79x
P/S
0.65x
PEG
2.8x
Revenue
$107.30B
Earnings
$4.49B
Fore. Rev. Growth
2.06%
Fore. Earn. Growth
5.51%
Market Cap
$69.10B
Next Earnings
Nov 20, 2024
Next Dividend
Dec 10, 2024
TGT Fundamentals
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on TGT's stock page.
How is TGT stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge TGT's fair value.
Using relative valuations ratios:
TGT could be undervalued based on its P/E ratio of 15.45x, relative to Discount Stores industry P/E ratio of 43.11x
TGT may be undervalued based on its P/B ratio of 4.79x, relative to Discount Stores industry P/B ratio of 8.33x
TGT may be overvalued based on its PEG ratio of 2.8x
You can access additional valuation analysis on TGT's stock here.
TGT Financial Health Summary
Passed Financial Due Diligence Checks:
TGT profit margin has gone up from 3.1% to 4.2% in the past year.
TGT's operating cash flow of $8.56B allows it to safely service it's debt of $18.74B.
TGT earnings of $6.22B is not sufficient to cover its interest payments.
Failed Financial Due Diligence Checks:
There are more short-term liabilities than short-term assets on the TGT balance sheet.
Total TGT debt is higher than 5 years ago, relative to shareholder equity.
TGT has a relatively high debt to equity ratio of 2.88.
There are more long-term liabilities than short-term assets on the TGT balance sheet.
Is it a good time to buy TGT stock, according to Wall Street analysts?
Out of 22 Wall Street analysts who monitor TGT, the consensus analyst rating on TGT is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Latest TGT Analyst Forecasts
Paul Lejuez, a top 5% analyst from Citigroup maintains TGT with a strong buy rating and raises their TGT price target from $180.00 to $188.00, on Aug 22, 2024.
Edward Kelly, a top 10% analyst from Wells Fargo maintains TGT with a strong buy rating and raises their TGT price target from $160.00 to $180.00, on Aug 22, 2024.
Steven Shemesh, a top 32% analyst from RBC Capital maintains TGT with a buy rating and raises their TGT price target from $174.00 to $177.00, on Aug 22, 2024.
Michael Lasser, a top 7% analyst from UBS maintains TGT with a strong buy rating and raises their TGT price target from $185.00 to $200.00, on Aug 22, 2024.
Corey Tarlowe, a top 20% analyst from Jefferies maintains TGT with a strong buy rating and raises their TGT price target from $190.00 to $195.00, on Aug 22, 2024.
You can dive deeper into what analysts are saying on the Target stock forecast page.
Metrics for Advanced TGT Traders
SMA10
149.52
SMA20
152.82
SMA50
152.97
SMA100
149.44
SMA200
153.52
MACD
-1.02
MACD Signal
-0.63
MACD Histogram
-0.39
RSI
45.97
Stochastic %K
20.77
Stochastic %D
15.94
StochRSI %K
28.64
StochRSI %D
21.15
Is TGT Growing Revenue?
Last year, TGT earnings were $4.49B. In the last five year, TGT's earnings have grown by 9.82% per year. This was faster than the Discount Stores industry average of 8.76%.
Last year, TGT revenue was $107.30B. During the last five year, TGT's revenue has increased by 6.9% per year. This was slower than the Discount Stores industry average of 7.22%.
Target pays a dividend of 2.95%, compared to the Discount Stores industry's average dividend yield of 2.31%. If you owned $1,000 worth of TGT stock, you would have been paid $29.47 in the past year.
Target dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Make your TGT buy order
You have two main order types:
Market order: A market order is an order to buy or sell a stock at the best price on the market. Market orders are mostly fine.
Limit order: A limit order lets you buy or sell a stock at a specific price (or better). If you want to make sure you're buying or selling at an exact price limit, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you want more help buying stocks on eToro, watch the how to video below:
As of Nov 4, 2024, it costs $149.99 to buy one share of Target stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.067 shares of TGT.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.