Target (NYSE:TGT) Issues FY 2025 Earnings Guidance

Target (NYSE:TGT) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 8.800-9.800 for the period, compared to the consensus estimate of 9.270. The company issued revenue guidance of $107.6 billion-$107.6 billion, compared to the consensus revenue estimate of $106.4 billion.

Analysts Set New Price Targets

Several equities analysts have commented on the company. StockNews.com cut Target from a “buy” rating to a “hold” rating in a report on Monday. Citigroup lifted their price objective on Target from $130.00 to $133.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Evercore ISI cut their target price on Target from $165.00 to $130.00 and set an “in-line” rating on the stock in a research note on Thursday, November 21st. Wells Fargo & Company dropped their price objective on Target from $180.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 20th. Finally, TD Cowen dropped their price objective on shares of Target from $165.00 to $145.00 and set a “hold” rating on the stock in a report on Thursday, November 21st. One analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $157.93.

Target Stock Performance

Shares of TGT stock opened at $120.28 on Tuesday. The company has a market capitalization of $55.11 billion, a price-to-earnings ratio of 12.76, a PEG ratio of 1.94 and a beta of 1.15. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. The company has a 50-day simple moving average of $133.54 and a 200 day simple moving average of $142.28. Target has a 52 week low of $119.92 and a 52 week high of $181.86.

Target Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Saturday, March 1st. Investors of record on Wednesday, February 12th were issued a dividend of $1.12 per share. This represents a $4.48 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend was Wednesday, February 12th. Target’s payout ratio is 47.51%.

Target Company Profile

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.