Is Target Corporation (TGT) a Profitable Addition to Your Portfolio?

    Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Target Corporation (TGT) was $75.98. Currently, the 1st Resistance Point for this stock is $76.50, with a 2nd Resistance Point sitting at $77.03. Meanwhile, this company’s stock has a 1st Support Level at $75.10 and a 2nd Support Level at $74.23. Target Corporation (TGT) stock has lost -$1.82, or -2.34%, in the past five days. In the last full month, these shares have lost -$4.96, or -6.13%. In the past three months, this stock’s price has risen by $3.47, or 4.79%. This year-to-date, Target Corporation (TGT) shares have gained $9.89, or 14.96%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Target Corporation (TGT) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”

    With 515,511 K shares outstanding, this company currently has a market capitalization of $39,147,904K. Target Corporation (TGT) generates $75,356 M in annual sales, amounting to annual net income of $2,937 M. This stock has generated a 1-Year Total Return of 6.94%, a 3-Year Total Return of -3.56%, and a 5-year Total Return of 28.43%. This stock’s 5-Year Dividend Growth is 59.49%, with its most recent dividend valued at $0.640 per share on 02/19/19. Its Annual Dividend Yield is 3.37%, and its Annual Dividend Rate is 2.56.

    In the most recently-reported fiscal quarter, which ended in Jan-19, Target Corporation (TGT) reported earnings of $1.53 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.52 per share, representing a 0.01 difference and 0.85% surprise. In the previous quarter ending in Oct-18, the reported earnings of $1.09 represented a -0.03 difference from the consensus estimate calling for $1.12 per share, which was a 2.27% surprise.

    For the current fiscal quarter, which is set to end in 04/2019, the average earnings estimate is $1.42 per share. This estimate came from a total of 10 Wall Street Analysts. Of those market experts, the high estimate was $1.45 and the low estimate was $1.35. In the year-ago quarter, Target Corporation (TGT) generated per-share earnings of $1.32. If the analysts are correct about the current quarter’s earnings, the growth will be +7.58% .

    Turning our focus now to insider trading activity, there have been 45 purchases (488,829 shares in total) and 29 sale (233,715 shares in total) in the last 3 months. In the last 6 months, there have been 46 insider buys amounting to 489,964 shares and 33 insider sales amounting to 237,297 shares. In the past full year, 52 insider purchases were made (involving 558,115 shares) and 46 insider sell-offs equivalent to 344,525 shares.

    Moving onto liquidity, Target Corporation (TGT) has a Current Ratio of 0.83, a Quick Ratio of 0.20 and a Cash Ratio of 0.10. Looking at this company’s capital structure, its Total Debt to Total Equity is 119.01, its Total Debt to Total Capital is 54.34, and its Total Debt to Total Assets is now 32.56. Looking even further ahead into the future, its Long-Term Debt to Equity is 108.23 and its Long-Term Debt to Total Capital is 49.42.