Somewhat Positive News Coverage Somewhat Unlikely to Impact Target (TGT) Share Price

Media coverage about Target (NYSE:TGT) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Target earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the retailer an impact score of 46.67324245052 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news stories that may have effected Accern’s scoring:

A number of analysts have recently commented on TGT shares. Moffett Nathanson started coverage on shares of Target in a report on Monday, December 4th. They set a “neutral” rating on the stock. Stifel Nicolaus restated a “hold” rating and set a $75.00 target price on shares of Target in a report on Thursday, January 11th. Telsey Advisory Group boosted their target price on shares of Target from $58.00 to $65.00 and gave the company an “outperform” rating in a report on Wednesday, January 3rd. Vetr cut shares of Target from a “hold” rating to a “sell” rating and set a $70.45 target price on the stock. in a report on Thursday, January 11th. Finally, Wells Fargo & Co started coverage on shares of Target in a report on Friday, November 3rd. They set a “market perform” rating and a $62.00 target price on the stock. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Target has a consensus rating of “Hold” and an average target price of $66.78.

Target (TGT) traded up $0.20 on Friday, hitting $78.10. The stock had a trading volume of 7,794,516 shares, compared to its average volume of 7,220,000. The company has a current ratio of 0.96, a quick ratio of 0.27 and a debt-to-equity ratio of 1.01. The stock has a market cap of $42,450.00, a price-to-earnings ratio of 16.41, a PEG ratio of 4.12 and a beta of 0.63. Target has a 12-month low of $48.56 and a 12-month high of $78.17.

Target (NYSE:TGT) last posted its quarterly earnings results on Wednesday, November 15th. The retailer reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.05. Target had a return on equity of 24.09% and a net margin of 3.80%. The firm had revenue of $16.67 billion during the quarter, compared to analyst estimates of $16.61 billion. During the same quarter in the previous year, the firm earned $1.04 EPS. Target’s quarterly revenue was up 1.4% compared to the same quarter last year. equities analysts anticipate that Target will post 4.72 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 10th. Shareholders of record on Wednesday, February 21st will be given a $0.62 dividend. This represents a $2.48 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date is Tuesday, February 20th. Target’s dividend payout ratio (DPR) is 52.10%.

In other Target news, Director Roxanne S. Austin sold 4,705 shares of the business’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $62.61, for a total value of $294,580.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.25% of the stock is currently owned by insiders.

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About Target

Target Corporation (Target) is a general merchandise retailer selling products through its stores and digital channels. Its general merchandise stores offer an edited food assortment, including perishables, dry grocery, dairy and frozen items. Its digital channels include a range of general merchandise, including a range of items found in its stores, along with an assortment, such as additional sizes and colors sold only online.

Insider Buying and Selling by Quarter for Target (NYSE:TGT)

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