Dodge & Cox bought a new position in shares of Target during the fourth quarter valued at about $788,237,000. The Wall Street forecast had projected $0.83 per share, and the company reported EPS of $1.04 - also a 25.38% positive surprise. For the past 5 years, the stock's EPS growth has been almost 114.60%. Target has a 12 month low of $52.72 and a 12 month high of $79.33. The firm has a market capitalization of $30.83 billion, a price-to-earnings ratio of 11.877 and a beta of 0.63.
Target Corp. (TGT)'s distance from 200 day simple moving average is -15.24 percent, its distance from 50 day simple moving average is 1.49 percent, while its distance from 20 day simple moving average is 0.04 percent.
Target (NYSE:TGT) last released its earnings results on Wednesday, May 17th. The retailer reported $1.21 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.91 by $0.30.
18 analysts on average are expecting the company to report revenue of $15.92 Billion for the current quarter.
The company's net profit margin stands at 23.50% whereas its return on equity (ROE) is 6.60%. On average, analysts anticipate that Target will post $4.15 earnings per share for the current year.
Target Corp (NYSE:TGT)'s revenue estimates for the current quarter are $15.62 Billion according to 19 number of analysts, for the current quarter the company has high revenue estimates of $15.86 Billion in contradiction of low revenue estimates of $15.38 Billion.
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The firm also recently announced a quarterly dividend, which will be paid on Saturday, June 10th. The ex-dividend date of this dividend is Monday, May 15th. This represents a $2.40 annualized dividend and a yield of 4.36%. Susquehanna Bancshares Inc assumed coverage on Target in a report on Friday, February 10th. Trend analysis is based on historical data about the stock's performance given the overall trends of the market and particular indicators within the market. Morgan Stanley reiterated an "underweight" rating and set a $65.00 price objective on shares of Target in a research report on Wednesday, January 18th. Analyst's mean target price for WLL is $13.11 while analysts mean recommendation is 2.50. Also, Director Donald R. Knauss bought 10,000 shares of the company's stock in a transaction dated Thursday, March 9th. Many traders and investors view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement.
On 11/17/2016 Anne M. Mulcahy, Director, sold 3,957 with an average share price of $75.45 per share and the total transaction amounting to $298,555.65. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.
In other news, insider Cathy R. Smith bought 5,000 shares of the company's stock in a transaction dated Wednesday, March 1st. The Stock now has a Weekly Volatility of 2.60% and Monthly Volatility of 1.71%. The disclosure for this purchase can be found here. Linscomb & Williams Inc. now owns 3,274 shares of the retailer's stock valued at $236,000 after buying an additional 24 shares during the period. However the six-month change in the insider ownership was recorded 1.01%, as well as three-month change in the institutional ownership was recorded -2.62%.
TRADEMARK VIOLATION NOTICE: "Target Co".
TRADEMARK VIOLATION WARNING: This piece of content was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. The correct version of this piece of content can be accessed at https://www.com-unik.info/2017/05/17/prospera-financial-services-inc-boosts-stake-in-target-co-tgt-updated-updated-updated.html. First National Bank Sioux Falls boosted its position in shares of Target by 18.5% in the third quarter. Davidson Investment Advisors now owns 2,159 shares of the retailer's stock worth $148,000 after buying an additional 225 shares during the period. Gould Asset Management LLC CA boosted its stake in shares of Target by 0.3% in the fourth quarter. Prescott Group Capital Management L.L.C. owns 567,926 shares or 0.32% of their United States portfolio. Shelton Capital Management now owns 88,348 shares of the retailer's stock worth $4,876,000 after buying an additional 38,287 shares in the last quarter. BlueCrest Capital Management Ltd now owns 81,091 shares of the retailer's stock worth $4,475,000 after buying an additional 51,782 shares in the last quarter.