Insiders have acquired a total of 19,000 shares of company stock worth $1,073,750 in the last 90 days.
Price targets show what analysts believes a stock will be worth at the end of a certain time period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the company.
WAYFAIR INC. (NYSE:W) reported Orders delivered in the first quarter of 2017 were 4.2 million, an increase of 40.6% year over year. The firm owned 7,595 shares of the retailer's stock after selling 3,596 shares during the period.
Analyst Recommendations are opinions given by analysts to their clients about whether a given stock is worth buying or not. Finally, Reilly Financial Advisors LLC increased its position in Target by 77.6% in the first quarter. The short ratio in the company's stock is documented at 4.55 and the short float is around of 6.10%. Tompkins Financial Corp boosted its position in Target by 84.0% in the first quarter. Gould Asset Management LLC CA now owns 8,275 shares of the retailer's stock valued at $598,000 after buying an additional 25 shares during the period.
Archford Capital Strategies Llc increased Cvs Health Corp Com (NYSE:CVS) stake by 8,970 shares to 21,763 valued at $1.72M in 2016Q4.
Shares of Target Co.
On Monday, Target Corporation (NYSE:TGT) stock opened its trade at $57.51 and after floating in a range of $57.03 to $57.55, settled at $57.30. The stock's current trading price is $58.35 by scoring 0.46%.
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Target Corporation (NYSE:TGT)'s trailing twelve month revenues are $69.50B, whereas its price to sales ratio for the same period is 0.46.
Now we look at the Moving Averages, the 200-day is -14.96, the 50-day is 1.89 and the 20-day is 0.74. The current share price indicate that stock is -53.19% away from its one year high and is moving -0.56% ahead of its 52-week low. Target also was the recipient of unusually large options trading activity on Thursday. This represents an increase of approximately 328% compared to the typical volume of 5,596 put options.
While considering growth estimates of the company, it has next quarter growth estimates of -18.70% whereas during current quarter it has -29.50% estimations over growth, comparing to the estimations of -20.20% during current year and 1.00% for next year. For the most recent quarter, quick ratio was 0.3, current ratio was 0.9, LT Debt/Equity ratio was 1.01 and Total Debt/Equity ratio was 1.16. The business had revenue of $20.69 billion for the quarter, compared to analyst estimates of $20.76 billion. Target had a return on equity of 25.18% and a net margin of 4.75%. The firm's revenue for the quarter was down 4.3% compared to the same quarter previous year. The company posted actual EPS for the last quarter of $1.45.
Among 21 analysts covering Target Corporation (NYSE:TGT), 5 have Buy rating, 4 Sell and 12 Hold. Shareholders of record on Wednesday, May 17th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.13%. The ex-dividend date of this dividend is Monday, May 15th.
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A number of analysts have recently issued reports on the stock.
A price target is the projected price level of a financial security stated by an investment analyst. Finally, Barclays PLC reduced their price objective on shares of Target from $60.00 to $50.00 and set an "underweight" rating for the company in a research report on Wednesday, March 1st. The stock has dropped -97.86% from its peak and the consensus price target for the stock is $2.50 a share. Buckingham Research restated a "buy" rating and set a $77.00 price objective (down previously from $85.00) on shares of Target in a research report on Wednesday, January 18th. Target Corporation (NYSE:TGT) has declined 16.57% since September 30, 2016 and is downtrending. They noted that the move was a valuation call. Seven research analysts have rated the stock with a sell rating, seventeen have given a hold rating and eight have issued a buy rating to the company's stock. The company has price to cash ratio of 12.32. The stock presently has a consensus rating of "Hold" and an average price target of $66.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Donald R. Knauss bought 10,000 shares of Target stock in a transaction that occurred on Thursday, March 9th. The shares were acquired at an average price of $58.20 per share, for a total transaction of $116,400.00. About 2,294 shares traded. The disclosure for this purchase can be found here. Also, insider Cathy R. Smith purchased 5,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 1st.
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