Target Corporation Analyses

Stock Price Performance

Stock Price $94.74 as on 28 March 2020

The Target Corporation stock price movement is consistent with the NASDAQ, S&P 500 and

Dow Jones Industrial Average over last one year as shown in figure-1 below:

Figure 1

If the beta (β) of Target Corporation is calculated then it will be near to the value of 1 means

greater profitability of the firm but at higher risk. However, if the last two months' performance

is critically analyzed then the stock price movement is totally opposite to the market trend. The

Earning Price Per Share during this period was 6.36 whole PE Ratio was 14.89. in the last six

months, it touched the lowest figure of $105.94 and the highest figure of $129.21 and then get

stable on the $$94.74.

Target Corporation's comparison with NASDAQ shows that there is a strong correlation in the

stock price movement at both places. In case NASDAQ moves either up or down, Target
Corporation follows the same. However, in the last one quarter, Target Corporation's movement

was much higher than that of NASDAQ.

Financial Statement/Profitability Analysis

Target Corporation's revenue in the last three years has grown not too much. The revenue

dropped to 3.95% in the year 2019 as compared to 4.08% growth of the year 2018, however,

again gets stable in the first quarter of the year 2020 and now it is 4.25%. However, Return on

Equity and Return on Assets has witnessed growth that means it is now better utilizing its assets

and equity.

2020 2019 2018

Profit Margin 4.25% 3.95% 4.08%

ROE 27.73% 26.00% 25.06%

ROA 7.67% 7.11% 7.52%

Analyst Recommendation

From the analyst coverage page, the recommended rating of Target Corporation is 2.2 that is

above Buy rating and near to hold almost.

Figure 2
So according to the analysts, there is a strong growth prospect for the stock of Target

Corporation and must invest in it as shown in Figure-3.

Figure 3

Analysts are also expecting Average Price Targets of 125.26 and highest Price Targets of 150 as

a rise in Figure-4.

Figure 4

Based on the available trend, the EPS in the current quarter will be 1.63 but will rise to 6.72 and

7.32 in the two upcoming years respectively.

The recent closing price of Target Corporation stock is as on 28 March 2020 is $94.74

If we analyze Target Corporation stock movement for either one day or five days then there is a

clear uptrend in its stock price that means considerable growth. And if we again analyze its stock
price movement for the last one year then stock peaks and troughs are not too much high that

means Target Corporation's stock is not too much volatile.