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 EPS guidance of 8.800-9.800 for the period, compared to the consensus EPS 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.

Target Trading Down 3.2 %

Target stock opened at $120.28 on Tuesday. 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 business’s 50-day simple moving average is $133.54 and its 200-day simple moving average is $142.28. The firm has a market capitalization of $55.11 billion, a PE ratio of 12.76, a PEG ratio of 1.94 and a beta of 1.15. Target has a 52 week low of $119.92 and a 52 week high of $181.86.

Target Dividend Announcement

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

Wall Street Analyst Weigh In

TGT has been the topic of a number of recent research reports. Daiwa America downgraded Target from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Deutsche Bank Aktiengesellschaft downgraded Target from a “buy” rating to a “hold” rating and decreased their target price for the stock from $184.00 to $108.00 in a research report on Wednesday, November 20th. Gordon Haskett downgraded Target from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th. JPMorgan Chase & Co. lifted their price objective on Target from $139.00 to $146.00 and gave the company a “neutral” rating in a report on Wednesday, February 26th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $165.00 price objective on shares of Target in a report on Monday, November 25th. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, Target currently has an average rating of “Hold” and an average price target of $157.93.

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.