Key Highlights for Investors:
- Target (TGT, Financial) stock has declined by 17.1% in the past month, sparking mixed outlooks.
- Projected earnings of $1.79 per share this quarter, with slight sales growth anticipated.
- Analysts foresee a 50.61% upside potential based on current price targets.
Target's Recent Stock Performance Analysis
Target Corporation (NYSE: TGT) has witnessed a significant 17.1% drop in its stock price over the last month. Despite this downward trend, investors are keenly watching as the retail giant prepares to announce its earnings, projected at $1.79 per share this quarter. This figure represents an 11.8% annual decline in earnings, while sales are expected to see a modest 0.3% increment, reaching $24.6 billion.
There is room for optimism as analysts project a gradual uptick in earnings, with estimates forecasting a 3.6% rise for the entire fiscal year. This anticipated improvement underscores the company's potential for recovery and growth.
Wall Street's Perspective: Analyst Forecasts
Wall Street analysts have provided their one-year price targets for Target Corp (TGT, Financial), with an average target price set at $133.68. This estimate ranges from a high of $160.00 to a low of $100.00, indicating a potential upside of 50.61% from the current trading price of $88.76. To delve deeper into these projections, visit the Target Corp (TGT) Forecast page.
Furthermore, a consensus from 39 brokerage firms has rated Target Corp with an average recommendation of 2.5, signaling an "Outperform" status. This rating scale ranges from 1 to 5, where 1 represents a "Strong Buy" and 5 suggests a "Sell," reflecting a generally positive sentiment among analysts.
Evaluating the GF Value Estimate
According to GuruFocus, the estimated GF Value for Target Corp (TGT, Financial) in the next year is $155.26. This valuation implies a substantial upside of 74.92% from the current price of $88.76. The GF Value is derived using the historical multiples at which the stock has previously traded, combined with past business growth and future performance predictions. This metric offers valuable insight into the fair value at which the stock should ideally trade.
For more comprehensive data and analysis, visit the Target Corp (TGT, Financial) Summary page.
