Target Corp Stock Research

Market Summary

USD163.05+3.92

Market Closed

2.46%

TGT Alerts

1 major insider sales recently.
Big fall in earnings (Y/Y)

TGT Stock Price

TGT RSI Chart

TGT Valuation

Market Cap

75.1B

Price/Earnings (Trailing)

Price/Sales (Trailing)

0.69

EV/EBITDA

14.14

Price/Free Cashflow

-49.71

TGT Price/Sales (Trailing)

TGT Profitability

EBT Margin

3.13%

Return on Equity

24.75%

Return on Assets

5.21%

Free Cashflow Yield

-2.01%

TGT Fundamentals

TGT Revenue

Revenue (TTM)

109.1B

Revenue Y/Y

1.29%

Revenue Q/Q

18.39%

TGT Earnings

Earnings (TTM)

2.8B

Earnings Y/Y

-43.26%

Earnings Q/Q

23.03%

Price Action

52 Week Range

134.57249.03

(Low)(High)

Last 7 days

-2.7%

Last 30 days

-7.6%

Last 90 days

7.8%

Trailing 12 Months

-24.4%

TGT Financial Health

Current Ratio

0.92

Debt/Equity

1.43

Debt/Cashflow

0.25

TGT Investor Care

Dividend Yield

2.54%

Dividend/Share (TTM)

4.14

Buy Backs (1Y)

2.32%

Diluted EPS (TTM)

5.98

Peers (Alternatives to Target)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TGT	75.1B	109.1B	-7.61%	-24.37%	27	0.69	2.94%	-59.98%
DG	47.6B	36.3B	-6.40%	2.49%	20.23	1.31	6.80%	-3.69%
DLTR	30.7B	27.7B	-5.48%	-7.12%	19.01	1.11	6.47%	17.50%
BURL	13.9B	8.7B	-6.86%	8.00%	60.51	1.6	-6.65%	-43.71%
FIVE	10.8B	2.9B	-4.27%	28.72%	47.06	3.68	8.83%	-12.24%
MID-CAP
LAD	5.9B	28.2B	-23.37%	-34.80%	4.69	0.21	23.46%	18.01%
M	5.7B	24.8B	-15.92%	-23.81%	3.69	0.23	10.06%	66.71%
KSS	3.6B	18.6B	-29.64%	-56.39%	5.09	0.19	-2.61%	-43.69%
OLLI	3.3B	1.7B	-6.65%	30.03%	34.57	1.92	-3.66%	-46.77%
JWN	2.7B	15.7B	-21.74%	-29.19%	8.43	0.18	12.53%	2863.64%
SMALL-CAP
CWH	883.4M	7.0B	-18.31%	-29.13%	6.45	0.13	0.77%	-50.82%
HZO	624.3M	2.3B	-9.40%	-37.18%	3.44	0.27	10.30%	8.61%
ZUMZ	375.2M	1.0B	-23.86%	-52.54%	7.85	0.37	-12.30%	-61.41%
BIG	371.1M	5.7B	-21.82%	-63.47%	-2.5	0.07	-8.11%	-165.69%
PRTS	302.5M	661.6M	-25.35%	-25.67%	-318.04	0.46	13.59%	90.80%

Financials for Target

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	0.4%	109,120	108,721	107,855	106,978	106,005
S&GA Expenses	0.7%	20,658	20,518	20,158	20,005	19,752
EBITDA	-12.9%	6,281	7,213	8,175	10,312	-
EBITDA Margin	-13.2%	0.06*	0.07*	0.08*	0.10*	-
Earnings Before Taxes	-22.1%	3,418	4,385	5,387	7,540	8,900
EBT Margin	-22.3%	0.03*	0.04*	0.05*	0.07*	-
Interest Expenses	5.5%	478	453	433	425	421
Net Income	-19.4%	2,780	3,448	4,224	5,858	6,946
Net Income Margin	-19.7%	0.03*	0.03*	0.04*	0.05*	-
Free Cahsflow	16.3%	-1,510	-1,804	427	2,136	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	-4.1%	53,335	55,615	52,470	50,842	53,811
Current Assets	-12.5%	17,846	20,393	18,453	17,953	21,573
Cash Equivalents	133.6%	2,229	954	1,117	1,112	5,911
Inventory	-21.1%	13,499	17,117	15,320	15,083	13,902
Net PPE	1.9%	31,512	30,921	29,820	28,670	28,181
Current Liabilities	-18.0%	19,500	23,783	22,445	20,724	21,747
Long Term Debt	12.4%	16,009	14,237	13,453	13,379	13,549
Shareholder's Equity	1.9%	11,232	11,019	10,592	10,774	12,827
Retained Earnings	8.1%	5,005	4,631	4,421	5,495	6,920
Additional Paid-In Capital	0.8%	6,608	6,558	6,502	5,592	6,421
Accumulated Depreciation	2.8%	22,631	22,013	21,708	21,285	21,137
Shares Outstanding	0.0%	460	460	460	464	471

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	12.2%	4,018	3,580	5,156	6,092	8,625
Share Based Compensation	0.9%	220	218	212	232	228
Cashflow From Investing	-2.6%	-5,504	-5,367	-4,700	-3,937	-3,154
Cashflow From Financing	27.1%	-2,196	-3,012	-6,707	-8,859	-8,071
Dividend Payments	3.7%	1,836	1,771	1,714	1,632	1,548
Buy Backs	-46.1%	2,646	4,906	7,083	8,741	7,199

Risks for TGT

What is the probability of a big loss on TGT?

60.4%

Probability that Target stock will be more than 20% underwater in next one year

32.3%

Probability that Target stock will be more than 30% underwater in next one year.

15.8%

Probability that Target stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TGT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Target was unfortunately bought at previous high price.

Drawdowns

Returns for TGT

Cumulative Returns on TGT

12.1%

10-Year Cumulative Returns

12.9%

7-Year Cumulative Returns

20.3%

5-Year Cumulative Returns

18.5%

3-Year Cumulative Returns

What are the long-term rolling returns for TGT?

FIve years rolling returns for Target.

Annualized Returns

Which funds bought or sold TGT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-15	B. Riley Wealth Advisors, Inc.	reduced	-7.91	-215,396	2,653,600	0.07%
2023-03-10	MATHER GROUP, LLC.	sold off	-100	-1,088,000	-	-%
2023-03-10	BAILLIE GIFFORD & CO	unchanged	-	457	14,457	-%
2023-03-10	MATHER GROUP, LLC.	new	-	1,241,260	1,241,260	0.02%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-18.27	-20,645,300	94,613,700	0.10%
2023-03-08	SHEETS SMITH WEALTH MANAGEMENT	unchanged	-	1,219	233,219	0.04%
2023-03-08	Capital Asset Advisory Services LLC	new	-	251,522	251,522	0.02%
2023-03-07	Great Lakes Retirement, Inc.	new	-	291,508	291,508	0.07%
2023-03-06	Rockefeller Capital Management L.P.	reduced	-6.25	-1,944,000	31,323,000	0.16%
2023-03-06	NORTH STAR ASSET MANAGEMENT INC	added	1.29	3,784	245,784	0.01%

Latest Funds Activity

Are funds buying TGT calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own TGT

No. of Funds

Target News

Schedule 13G FIlings of Target

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2023	capital world investors	6.9%	31,778,911	SC 13G
Feb 09, 2023	vanguard group inc	9.29%	42,782,234	SC 13G/A
Jan 31, 2023	blackrock inc.	7.4%	34,281,026	SC 13G/A
Feb 14, 2022	state street corp	7.52%	36,017,144	SC 13G/A
Feb 10, 2022	vanguard group inc	8.90%	42,664,160	SC 13G/A
Feb 01, 2022	blackrock inc.	8.2%	39,463,243	SC 13G/A
Feb 24, 2021	state street corp	7.51%	37,603,636	SC 13G/A
Feb 12, 2021	state street corp	7.51%	37,603,636	SC 13G
Feb 10, 2021	vanguard group inc	8.61%	43,100,482	SC 13G/A
Feb 01, 2021	blackrock inc.	7.4%	37,134,621	SC 13G/A

TGT Fair Value

Target fair value in different scenarios

The table shows the Fair Value estimates for Target for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	104.55 -35.88%	144.94 -11.11%	211.81 29.90%	288.84 77.15%	358.99 120.17%
Current Inflation	96.53 -40.80%	131.19 -19.54%	187.76 15.15%	252.46 54.84%	311.13 90.82%
Very High Inflation	86.53 -46.93%	114.52 -29.76%	159.38 -2.25%	210.22 28.93%	256.08 57.06%

Historical Target Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Target

View All Filings

Date Filed	Form Type	Document
Mar 14, 2023	4	Insider Trading
Mar 14, 2023	4	Insider Trading
Mar 14, 2023	4	Insider Trading
Mar 14, 2023	4	Insider Trading
Mar 14, 2023	4	Insider Trading
Mar 14, 2023	4	Insider Trading
Mar 14, 2023	4	Insider Trading
Mar 14, 2023	4	Insider Trading
Mar 14, 2023	4	Insider Trading
Mar 14, 2023	4	Insider Trading

Latest Insider Trading transactions for TGT

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-14	Cornell Brian C	sold	-5,564,130	158	-35,000	executive officer
2023-03-13	BOYLAN KATIE M	sold (taxes)	-60,539	158	-382	executive officer
2023-03-13	SYLVESTER CARA A	sold (taxes)	-32,171	158	-203	executive officer
2023-03-13	LIEGEL MATTHEW A	sold (taxes)	-16,165	158	-102	chief accounting officer
2023-03-13	FIDDELKE MICHAEL J	sold (taxes)	-75,595	158	-477	executive officer
2023-03-13	HENNINGTON CHRISTINA	sold (taxes)	-91,126	158	-575	executive officer
2023-03-11	BOYLAN KATIE M	sold (taxes)	-66,086	158	-417	executive officer
2023-03-11	SYLVESTER CARA A	sold (taxes)	-50,079	158	-316	executive officer
2023-03-11	LIEGEL MATTHEW A	sold (taxes)	-12,361	158	-78.00	chief accounting officer
2023-03-10	Mulligan John J	sold (taxes)	-20,440	159	-128	executive officer

About Target

Brian C. Cornell

www.targetcorp.com

65535

Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home dÃƒÂ©cor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target CafÃƒÂ©, Target Optical, Starbucks, and other food service offerings. The company sells its products through its stores; and digital channels, including Target.com. As of March 09, 2022, the company operated approximately 2,000 stores. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.

TGT Income Statement

2023-01-28

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Jan. 28, 2023	Jan. 29, 2022	Jan. 30, 2021
Total revenue	$ 109,120	$ 106,005	$ 93,561
Cost of sales	82,229	74,963	66,177
Selling, general and administrative expenses	20,658	19,752	18,615
Depreciation and amortization (exclusive of depreciation included in cost of sales)	2,385	2,344	2,230
Operating income	3,848	8,946	6,539
Net interest expense	478	421	977
Net other (income) / expense	(48)	(382)	16
Earnings before income taxes	3,418	8,907	5,546
Provision for income taxes	638	1,961	1,178
Net earnings	$ 2,780	$ 6,946	$ 4,368
Basic earnings per share (in usd per share)	$ 6.02	$ 14.23	$ 8.72
Diluted earnings per share (in usd per share)	$ 5.98	$ 14.10	$ 8.64
Weighted average common shares outstanding
Basic (in shares)	462,100,000	488,100,000	500,600,000
Diluted (in shares)	464,700,000	492,700,000	505,400,000
Antidilutive shares (in shares)	1,100,000	0	0
Sales
Total revenue	$ 107,588	$ 104,611	$ 92,400
Other revenue
Total revenue	$ 1,532	$ 1,394	$ 1,161

TGT Balance Sheet

2023-01-28

Consolidated Statements of Financial Position - USD ($) $ in Millions	Jan. 28, 2023	Jan. 29, 2022
Assets
Cash and cash equivalents	$ 2,229	$ 5,911
Inventory	13,499	13,902
Other current assets	2,118	1,760
Total current assets	17,846	21,573
Property and equipment
Land	6,231	6,164
Buildings and improvements	34,746	32,985
Fixtures and equipment	7,439	6,407
Computer hardware and software	3,039	2,505
Construction-in-progress	2,688	1,257
Accumulated depreciation	(22,631)	(21,137)
Property and equipment, net	31,512	28,181
Operating lease assets	2,657	2,556
Other noncurrent assets	1,320	1,501
Total assets	53,335	53,811
Liabilities and shareholders' investment
Accounts payable	13,487	15,478
Accrued and other current liabilities	5,883	6,098
Current portion of long-term debt and other borrowings	130	171
Total current liabilities	19,500	21,747
Long-term debt and other borrowings	16,009	13,549
Noncurrent operating lease liabilities	2,638	2,493
Deferred income taxes	2,196	1,566
Other noncurrent liabilities	1,760	1,629
Total noncurrent liabilities	22,603	19,237
Shareholders' investment
Common stock	38	39
Additional paid-in capital	6,608	6,421
Retained earnings	5,005	6,920
Accumulated other comprehensive loss	(419)	(553)
Total shareholders' investment	11,232	12,827
Total liabilities and shareholders' investment	$ 53,335	$ 53,811