Target Past Earnings Performance
Past criteria checks 5/6
Target has been growing earnings at an average annual rate of 3.9%, while the Consumer Retailing industry saw earnings growing at 14.2% annually. Revenues have been growing at an average rate of 8.6% per year. Target's return on equity is 30.8%, and it has net margins of 3.9%.
Key information
3.9%
Earnings growth rate
6.3%
EPS growth rate
| Consumer Retailing Industry Growth | 10.9% |
| Revenue growth rate | 8.6% |
| Return on equity | 30.8% |
| Net Margin | 3.9% |
| Next Earnings Update | 22 May 2024 |
Recent past performance updates
Recent updates
Target Corporation (NYSE:TGT) Shares Could Be 34% Below Their Intrinsic Value Estimate
May 01
Target: Shares Due For A Pause, Earnings In Focus
Apr 30Target's Aim Is Improving
Mar 29Results: Target Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 07Target Q4 Preview: Top-Line Focus As Earnings Strength Appears Priced In
Mar 04Returns On Capital At Target (NYSE:TGT) Have Stalled
Feb 27We Are Not Confident Buying Target Before The Next Quarterly Results
Feb 23Target: Is This A Good Dividend Stock To Buy Before Q4 Earnings?
Feb 12Is It Too Late To Consider Buying Target Corporation (NYSE:TGT)?
Feb 12Target Corporation's (NYSE:TGT) Shares May Have Run Too Fast Too Soon
Jan 31Target: Reviewing This Dividend King's Dividend Safety
Jan 14Target Corporation: Strong Cash Flow And Stronger Margins
Jan 03Is Target (NYSE:TGT) Using Too Much Debt?
Dec 26Add Target To Your Holiday Shopping List
Dec 17Is Target Corporation (NYSE:TGT) Trading At A 43% Discount?
Dec 02Target: A Tempting But Risky Investment
Nov 26Target Q3 Earnings Preview: Are Shares Oversold Ahead Of Quarterly Results?
Nov 13Target (NYSE:TGT) Hasn't Managed To Accelerate Its Returns
Nov 06Target: Don't Just Window-Shop, Upgrading To Buy On Valuation
Oct 28Is There Now An Opportunity In Target Corporation (NYSE:TGT)?
Oct 23Target Corporation And Its Real Value
Oct 09Target: Financials Say Buy, But Too Much Drama For Now
Sep 27These 4 Measures Indicate That Target (NYSE:TGT) Is Using Debt Extensively
Sep 24Target: EPS Likely To Fall Further As New Economic Headwinds Grow
Sep 14Target: A Buy For The Kingly Dividend And Hold For The Turnaround
Aug 09Target: Optimistic Consumers Pulling Back, Retail Earnings On Tap, Shares A Hold
Jul 27Investors Could Be Concerned With Target's (NYSE:TGT) Returns On Capital
Jul 25Target (NYSE:TGT) Is Increasing Its Dividend To $1.10
Jul 13Target: Improved Upside And Yield After The Steep Sell-Off
Jun 26Target (NYSE:TGT) Is Paying Out A Larger Dividend Than Last Year
Jun 18Target: Turning Constructive (Rating Upgrade)
Jun 16Revenue & Expenses BreakdownBeta
How Target makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 03 Feb 24 | 107,412 | 4,138 | 21,361 | 0 |
| 28 Oct 23 | 106,888 | 3,632 | 21,013 | 0 |
| 29 Jul 23 | 108,008 | 3,373 | 20,987 | 0 |
| 29 Apr 23 | 109,272 | 2,721 | 20,798 | 0 |
| 28 Jan 23 | 109,120 | 2,780 | 20,546 | 0 |
| 29 Oct 22 | 108,721 | 3,448 | 20,419 | 0 |
| 30 Jul 22 | 107,855 | 4,224 | 20,069 | 0 |
| 30 Apr 22 | 106,978 | 5,858 | 19,921 | 0 |
| 29 Jan 22 | 106,005 | 6,946 | 19,636 | 0 |
| 30 Oct 21 | 103,348 | 6,782 | 19,559 | 0 |
| 31 Jul 21 | 100,328 | 6,308 | 19,353 | 0 |
| 01 May 21 | 98,143 | 6,181 | 18,985 | 0 |
| 30 Jan 21 | 93,561 | 4,368 | 18,546 | 0 |
| 31 Oct 20 | 88,621 | 3,821 | 17,592 | 0 |
| 01 Aug 20 | 84,653 | 3,513 | 17,081 | 0 |
| 02 May 20 | 80,100 | 2,761 | 16,539 | 0 |
| 01 Feb 20 | 78,112 | 3,269 | 16,163 | 0 |
| 02 Nov 19 | 77,690 | 3,234 | 16,033 | 0 |
| 03 Aug 19 | 76,847 | 3,144 | 15,831 | 0 |
| 04 May 19 | 76,202 | 3,005 | 15,715 | 0 |
| 02 Feb 19 | 75,356 | 2,930 | 15,606 | 0 |
| 03 Nov 18 | 75,362 | 3,220 | 15,681 | 0 |
| 04 Aug 18 | 74,415 | 3,079 | 15,468 | 0 |
| 05 May 18 | 73,272 | 2,950 | 15,175 | 0 |
| 03 Feb 18 | 72,714 | 2,908 | 14,990 | 0 |
| 28 Oct 17 | 70,421 | 2,642 | 14,162 | 0 |
| 29 Jul 17 | 69,988 | 2,775 | 13,774 | 0 |
| 29 Apr 17 | 69,522 | 2,730 | 13,513 | 0 |
| 28 Jan 17 | 70,271 | 2,666 | 14,086 | 0 |
| 29 Oct 16 | 70,431 | 3,268 | 13,650 | 0 |
| 30 Jul 16 | 71,603 | 3,136 | 13,952 | 0 |
| 30 Apr 16 | 72,862 | 3,284 | 14,215 | 0 |
| 30 Jan 16 | 73,785 | 3,321 | 14,473 | 0 |
| 31 Oct 15 | 73,909 | 2,860 | 14,476 | 0 |
| 01 Aug 15 | 73,550 | 2,911 | 14,489 | 0 |
| 02 May 15 | 73,080 | 2,529 | 14,625 | 0 |
| 31 Jan 15 | 72,618 | 2,449 | 14,552 | 0 |
| 01 Nov 14 | 71,066 | 2,732 | 13,918 | 0 |
| 02 Aug 14 | 71,070 | 2,546 | 14,126 | 0 |
| 03 May 14 | 71,230 | 2,767 | 14,203 | 0 |
| 01 Feb 14 | 71,279 | 2,694 | 14,365 | 0 |
| 02 Nov 13 | 73,807 | 2,412 | 15,331 | 0 |
| 03 Aug 13 | 73,478 | 2,708 | 15,183 | 0 |
Quality Earnings: TGT has high quality earnings.
Growing Profit Margin: TGT's current net profit margins (3.9%) are higher than last year (2.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TGT's earnings have grown by 3.9% per year over the past 5 years.
Accelerating Growth: TGT's earnings growth over the past year (49.1%) exceeds its 5-year average (3.9% per year).
Earnings vs Industry: TGT earnings growth over the past year (49.1%) exceeded the Consumer Retailing industry 15.8%.
Return on Equity
High ROE: Whilst TGT's Return on Equity (30.81%) is high, this metric is skewed due to their high level of debt.