Target Financials

TGT Stock  USD 125.01  3.42  2.81%   
Based on the key indicators related to Target's liquidity, profitability, solvency, and operating efficiency, Target may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. At this time, Target's Property Plant And Equipment Gross is comparatively stable compared to the past year. Common Stock is likely to gain to about 52.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 9.9 B in 2024. Key indicators impacting Target's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.911.053
Fairly Down
Very volatile
Operating Income3.6 B5.7 B
Way Down
Slightly volatile
Current Ratio1.20.9064
Significantly Up
Very volatile
The essential information of the day-to-day investment outlook for Target includes many different criteria found on its balance sheet. An individual investor should monitor Target's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Target.

Cash And Equivalents

2.69 Billion

  
Understanding current and past Target Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Target's financial statements are interrelated, with each one affecting the others. For example, an increase in Target's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Target's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Target. Check Target's Beneish M Score to see the likelihood of Target's management manipulating its earnings.

Target Stock Summary

Target competes with Hf Foods, Innovative Food, Calavo Growers, Chefs Warehouse, and AMCON Distributing. Target Corporation operates as a general merchandise retailer in the United States. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota. Target Corp operates under Discount Stores classification in the United States and is traded on New York Stock Exchange. It employs 450000 people.
Foreign Associate
  Mexico
Specialization
Consumer Defensive, Consumer Staples Distribution & Retail
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS87612E1064
CUSIP87612E106
LocationMinnesota; U.S.A
Business Address1000 Nicollet Mall,
SectorConsumer Staples Distribution & Retail
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websitecorporate.target.com
Phone612 304 6073
CurrencyUSD - US Dollar

Target Key Financial Ratios

Target Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets42.8B51.2B53.8B53.3B55.4B32.0B
Other Current Liab955M4.3B4.8B4.8B4.9B5.2B
Net Debt11.2B6.4B10.3B16.5B15.8B9.4B
Retained Earnings6.4B8.8B6.9B5.0B7.1B7.5B
Cash2.6B8.5B5.9B2.2B3.8B4.0B
Net Receivables498M631M1.4B1.2B891M846.5M
Inventory9.0B10.7B13.9B13.5B11.9B6.4B
Other Current Assets796M961M407M949M916M1.1B
Total Liab30.9B36.8B41.0B42.1B41.9B21.9B
Total Current Assets12.9B20.8B21.6B17.8B17.5B11.9B
Short Term Debt161M1.4B425M426M1.4B815.3M
Accounts Payable9.9B12.9B15.5B13.5B12.1B6.7B
Intangible Assets686M37M25M645M8M7.6M
Net Tangible Assets11.8B13.8B12.8B11.2B10.1B10.7B
Long Term Debt10.0B9.8B13.5B16.0B14.9B13.5B
Long Term Debt Total11.3B11.5B13.5B16.0B18.4B13.7B
Capital Surpluse6.2B6.3B6.4B6.6B7.6B5.8B

Target Key Income Statement Accounts

The reason investors look at the income statement is to determine what Target's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue78.1B93.6B106.0B109.1B107.4B54.9B
Gross Profit23.2B27.4B31.0B26.9B29.7B16.3B
Operating Income4.7B6.5B8.9B3.8B5.7B3.6B
Ebit4.7B6.6B9.3B4.0B5.9B3.7B
Ebitda7.3B9.1B12.0B6.7B8.7B5.2B
Cost Of Revenue54.9B66.2B75.0B82.2B77.7B81.6B
Income Before Tax4.2B5.5B8.9B3.4B5.3B3.1B
Net Income3.3B4.4B6.9B2.8B4.1B4.3B
Income Tax Expense921M1.2B2.0B638M1.2B972.1M
Interest Expense477M977M421M478M502M395.4M
Tax Provision921M1.2B2.0B638M1.2B1.2B
Interest Income467M465M421M478M430.2M387.5M
Net Interest Income(477M)(977M)(421M)(478M)(502M)(527.1M)

Target Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory505M(1.7B)(3.2B)403M1.6B1.7B
Change In Cash1.0B5.9B(2.6B)(3.7B)1.6B1.7B
Free Cash Flow4.1B7.9B5.1B(1.5B)3.8B4.0B
Depreciation2.6B2.5B2.6B2.7B2.8B1.7B
Other Non Cash Items45M598M(268M)172M94M89.3M
Dividends Paid1.3B1.3B1.5B1.8B2.0B2.1B
Capital Expenditures3.0B2.6B3.5B5.5B4.8B2.8B
Net Income3.3B4.4B6.9B2.8B4.1B2.3B
End Period Cash Flow2.6B8.5B5.9B2.2B3.8B4.0B
Net Borrowings(330M)65M825M2.5B2.8B3.0B
Change To Netincome382M614M482M974M1.1B1.2B
Investments20M16M7M(5.5B)(4.8B)(4.5B)

Target Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Target's current stock value. Our valuation model uses many indicators to compare Target value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Target competition to find correlations between indicators driving Target's intrinsic value. More Info.
Target is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  0.21  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Target is roughly  4.70 . At this time, Target's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Target by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Target Systematic Risk

Target's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Target volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Target correlated with the market. If Beta is less than 0 Target generally moves in the opposite direction as compared to the market. If Target Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Target is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Target is generally in the same direction as the market. If Beta > 1 Target moves generally in the same direction as, but more than the movement of the benchmark.

Target Thematic Clasifications

Target is part of several thematic ideas from Power Assets to Impulse. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Target Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Target's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Target growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.16

At this time, Target's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Target November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Target help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Target. We use our internally-developed statistical techniques to arrive at the intrinsic value of Target based on widely used predictive technical indicators. In general, we focus on analyzing Target Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Target's daily price indicators and compare them against related drivers.

Additional Tools for Target Stock Analysis

When running Target's price analysis, check to measure Target's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.