In the past 5 years, the stock showed growth of 4.64% per annum. First Manhattan Co. increased its stake in Target by 41.4% in the first quarter. (NYSE:TGT) opened at 55.04 on Thursday.
A 52-week high/low is the highest and lowest price that a stock has traded at during the previous year.
Another critical number in evaluating a stock is P/E or the price to earnings ratio. The company has a 50-day moving average price of $55.14 and a 200-day moving average price of $64.38.
Analysts await Target Corporation (NASDAQ:TGT) to report earnings on May, 17 for the fiscal quarter ending April 2017.
Target saw strong sales in March, tail end of the quarter, after a substantially weak fourth quarter, helping it deliver an EPS (excluding one-offs) way above its guidance of $0.80 and $1.00. The company had revenue of $20.69 billion for the quarter, compared to analyst estimates of $20.76 billion. Return on Equity (ROE) stands at 23.7% and Return on Investment (ROI) of 15.5 percent.
Office Depot Inc (NASDAQ:ODP) have shown a high EPS growth of 36.30% in the last 5 years and has earnings growth of 24.50% yoy. TGT generated revenue of $17.1 Billion in the same quarter, one year ago. On average, analysts forecast that Target Co. will post $4.15 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Saturday, June 10th. Investors of record on Wednesday, May 17th will be issued a dividend of $0.60 per share. The ex-dividend date is Monday, May 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.36%.
Daredevil Golden Gate Bridge video prompts security review Despite climbing the bridge - and trespassing near it - being completely illegal, Teatime still called his climb a "must-do". Locati said the bridge's security system was "not created to protect thrill-seekers from harming themselves".
On 9/21/2016 Target announced a quarterly dividend of $0.60 3.5% with an ex dividend date of 11/14/2016 which will be payable on 12/10/2016.
Several research firms have recently commented on TGT. Susquehanna Bancshares Inc began coverage on shares of Target in a research report on Friday, February 10th. The company presently has an average rating of "Hold" and a consensus target price of $66.40. TheStreet lowered shares of Target from a "b-" rating to a "c+" rating in a research report on Monday, March 27th. Vetr lowered shares of Target from a "buy" rating to a "hold" rating and set a $59.51 target price for the company.in a research report on Tuesday, May 9th. Buy rating has been given by 3 analysts to the company stock whereas 1 analyst given UNDERPERFORM rating to stock and 10 analysts given HOLD rating. Target Corp. P/E (price to earnings) ratio is 11.98 and Forward P/E ratio of 13.63. (TGT) now has a value of $54.53 while the company's 52 week low is at $52.72, the shares dropped to the 52 week low on 04/05/17.
According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 2.96 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. Two Sigma Advisers LP now owns 2,012,067 shares of the retailer's stock worth $138,189,000 after buying an additional 1,744,553 shares during the period. The disclosure for this purchase can be found here. Looking back over the last month, shares have performed 3.67%. Over the past few months, insider ownership has seen a move of 1.01% while institutional ownership has changed -2.62%.
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Other research analysts also recently issued reports about the company. Linscomb & Williams Inc. boosted its stake in shares of Target by 0.7% in the fourth quarter. Prescott Group Capital Management L.L.C. owns 567,926 shares or 0.32% of their USA portfolio. Following the completion of the acquisition, the director now directly owns 16,431 shares in the company, valued at $901,404.66. BlueCrest Capital Management Ltd raised its position in Target by 176.7% in the first quarter. Compton Capital Management Inc.
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