Target
Market Cap
US$102.3b
Last Updated
2021/04/13 22:10 UTC
Data Sources
Company Financials +
Executive Summary
Target Corporation operates as a general merchandise retailer in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with solid track record and pays a dividend.
Similar Companies
Share Price & News
How has Target's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TGT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: TGT's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.2%
TGT
1.1%
US Multiline Retail
1.3%
US Market
1 Year Return
89.1%
TGT
65.4%
US Multiline Retail
53.9%
US Market
Return vs Industry: TGT exceeded the US Multiline Retail industry which returned 70.8% over the past year.
Return vs Market: TGT exceeded the US Market which returned 57.9% over the past year.
Shareholder returns
| TGT | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | 1.1% | 1.3% |
| 30 Day | 13.8% | 9.8% | 2.8% |
| 90 Day | 4.1% | 3.8% | 6.6% |
| 1 Year | 92.5%89.1% | 67.2%65.4% | 56.6%53.9% |
| 3 Year | 206.3%182.9% | 98.9%87.9% | 62.7%52.3% |
| 5 Year | 184.5%144.0% | 117.0%93.2% | 120.5%95.9% |
Long-Term Price Volatility Vs. Market
How volatile is Target's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Did Target Corporation (NYSE:TGT) Insiders Sell Shares?1 month ago | Simply Wall St
Should You Be Adding Target (NYSE:TGT) To Your Watchlist Today?5 months ago | Simply Wall St
Is It Smart To Buy Target Corporation (NYSE:TGT) Before It Goes Ex-Dividend?Valuation
Is Target undervalued compared to its fair value and its price relative to the market?
23.49x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TGT ($205.1) is trading above our estimate of fair value ($202.87)
Significantly Below Fair Value: TGT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TGT is poor value based on its PE Ratio (23.5x) compared to the US Multiline Retail industry average (22.1x).
PE vs Market: TGT is poor value based on its PE Ratio (23.5x) compared to the US market (22.3x).
Price to Earnings Growth Ratio
PEG Ratio: TGT is poor value based on its PEG Ratio (4.9x)
Price to Book Ratio
PB vs Industry: TGT is overvalued based on its PB Ratio (7.1x) compared to the US Multiline Retail industry average (3.7x).
Future Growth
How is Target forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
4.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGT's forecast earnings growth (4.8% per year) is above the savings rate (2%).
Earnings vs Market: TGT's earnings (4.8% per year) are forecast to grow slower than the US market (18.6% per year).
High Growth Earnings: TGT's earnings are forecast to grow, but not significantly.
Revenue vs Market: TGT's revenue (2.3% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: TGT's revenue (2.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TGT's Return on Equity is forecast to be high in 3 years time (29.4%)
Past Performance
How has Target performed over the past 5 years?
3.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGT has high quality earnings.
Growing Profit Margin: TGT's current net profit margins (4.7%) are higher than last year (4.2%).
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 (33.6%) exceeds its 5-year average (3.9% per year).
Earnings vs Industry: TGT earnings growth over the past year (33.6%) underperformed the Multiline Retail industry 67.7%.
Return on Equity
High ROE: TGT's Return on Equity (30.2%) is considered high.
Financial Health
How is Target's financial position?
Financial Position Analysis
Short Term Liabilities: TGT's short term assets ($20.8B) exceed its short term liabilities ($20.1B).
Long Term Liabilities: TGT's short term assets ($20.8B) exceed its long term liabilities ($16.7B).
Debt to Equity History and Analysis
Debt Level: TGT's debt to equity ratio (75%) is considered high.
Reducing Debt: TGT's debt to equity ratio has reduced from 98.9% to 75% over the past 5 years.
Debt Coverage: TGT's debt is well covered by operating cash flow (97.2%).
Interest Coverage: TGT's interest payments on its debt are well covered by EBIT (14.2x coverage).
Balance Sheet
Dividend
What is Target current dividend yield, its reliability and sustainability?
1.33%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: TGT's dividend (1.33%) is higher than the bottom 25% of dividend payers in the US market (1.26%).
High Dividend: TGT's dividend (1.33%) is low compared to the top 25% of dividend payers in the US market (3.5%).
Stability and Growth of Payments
Stable Dividend: TGT's dividends per share have been stable in the past 10 years.
Growing Dividend: TGT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.7%), TGT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TGT's dividends in 3 years are forecast to be well covered by earnings (32.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Brian Cornell (61 yo)
6.67yrs
Tenure
US$18,938,363
Compensation
Mr. Brian C. Cornell has been Non-Executive Chairman and Independent Director of Yum! Brands, Inc. since November 16, 2018 and September 18, 2015 respectively. He has been the Chairman and Chief Executive ...
CEO Compensation Analysis
Compensation vs Market: Brian's total compensation ($USD18.94M) is above average for companies of similar size in the US market ($USD10.98M).
Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TGT's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: TGT's board of directors are considered experienced (5.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TGT insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Target Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Target Corporation
- Ticker: TGT
- Exchange: NYSE
- Founded: 1902
- Industry: General Merchandise Stores
- Sector: Retail
- Market Cap: US$102.266b
- Shares outstanding: 498.62m
- Website: https://corporate.target.com
Number of Employees
Location
- Target Corporation
- 1000 Nicollet Mall
- Minneapolis
- Minnesota
- 55403
- United States
Listings
Biography
Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, h...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/13 22:10 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2021/01/30 |
| Annual Earnings | 2021/01/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.