Target Stock Buy Hold or Sell Recommendation

TGT Stock  USD 177.21  2.54  1.45%   
Considering the 90-day investment horizon and your bold attitude towards risk, our recommendation regarding Target is 'Strong Buy'. Macroaxis provides Target buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Target positions. The advice algorithm takes into account all of Target's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Target's buy or sell advice are summarized below:
Real Value
170.72
Target Price
149.66
Hype Value
175.61
Market Value
177.21
Naive Value
172.59
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Target given historical horizon and risk tolerance towards Target. When Macroaxis issues a 'buy' or 'sell' recommendation for Target, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Target Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Target Stock please use our How to Invest in Target guide.
In addition, we conduct extensive research on individual companies such as Target and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Target. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Execute Target Buy or Sell Advice

The Target recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Target. Macroaxis does not own or have any residual interests in Target or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Target's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell TargetBuy Target
Strong Buy

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Target has a Risk Adjusted Performance of 0.1115, Jensen Alpha of 0.256, Total Risk Alpha of (0.08), Sortino Ratio of 0.1796 and Treynor Ratio of 0.4231
Macroaxis provides recommendation on Target to complement and cross-verify current analyst consensus on Target. Our trade recommendation engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Target is not overpriced, please validate all Target fundamentals, including its ebitda, target price, net asset, as well as the relationship between the current ratio and working capital . Given that Target has a price to book of 6.00 X, we advise you to double-check Target market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Target Trading Alerts and Improvement Suggestions

The company has 21.25 B in debt with debt to equity (D/E) ratio of 1.77, which is OK given its current industry classification. Target has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Target until it has trouble settling it off, either with new capital or with free cash flow. So, Target's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Target sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Target to invest in growth at high rates of return. When we think about Target's use of debt, we should always consider it together with cash and equity.
Over 81.0% of Target shares are owned by institutional investors
Latest headline from benzinga.com: These Are The Most Upgraded Stocks From Q1

Target current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Target analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Target analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Target Returns Distribution Density

The distribution of Target's historical returns is an attempt to chart the uncertainty of Target's future price movements. The chart of the probability distribution of Target daily returns describes the distribution of returns around its average expected value. We use Target price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Target returns is essential to provide solid investment advice for Target.
Mean Return
0.37
Value At Risk
-2.17
Potential Upside
2.39
Standard Deviation
1.98
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Target historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Target Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Target is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Target backward and forwards among themselves. Target's institutional investor refers to the entity that pools money to purchase Target's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Norges Bank2023-12-31
5.3 M
Goldman Sachs Group Inc2023-12-31
5.1 M
Northern Trust Corp2023-12-31
4.9 M
T. Rowe Price Associates, Inc.2023-12-31
4.6 M
Jpmorgan Chase & Co2023-12-31
4.3 M
Legal & General Group Plc2023-12-31
M
Bank Of New York Mellon Corp2023-12-31
3.9 M
Ubs Asset Mgmt Americas Inc2023-12-31
3.4 M
Amvescap Plc.2023-12-31
3.2 M
Vanguard Group Inc2023-12-31
44.9 M
State Street Corporation2023-12-31
36 M
Note, although Target's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Target Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory505M(1.7B)(3.2B)403M1.6B1.7B
Change In Cash1.0B5.9B(2.6B)(3.7B)22M20.9M
Free Cash Flow4.1B7.9B5.1B(1.5B)3.8B4.0B
Depreciation2.6B2.5B2.6B2.7B2.8B1.7B
Other Non Cash Items45M598M(268M)172M94M89.3M
Dividends Paid1.3B1.3B1.5B1.8B(2.0B)(1.9B)
Capital Expenditures3.0B2.6B3.5B5.5B4.8B2.8B
Net Income3.3B4.4B6.9B2.8B4.1B2.3B
End Period Cash Flow2.6B8.5B5.9B2.2B908M1.6B
Net Borrowings(330M)65M825M2.5B2.8B3.0B
Change To Netincome382M614M482M974M1.1B1.2B
Investments20M16M7M(5.5B)(4.8B)(4.5B)

Target Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Target or Consumer Staples Distribution & Retail sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Target's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Target stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.26
β
Beta against NYSE Composite0.86
σ
Overall volatility
2.05
Ir
Information ratio 0.12

Target Volatility Alert

Target has relatively low volatility with skewness of 3.08 and kurtosis of 17.73. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Target's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Target's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Target Implied Volatility

Target's implied volatility exposes the market's sentiment of Target stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Target's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Target stock will not fluctuate a lot when Target's options are near their expiration.

Target Fundamentals Vs Peers

Comparing Target's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Target's direct or indirect competition across all of the common fundamentals between Target and the related equities. This way, we can detect undervalued stocks with similar characteristics as Target or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Target's fundamental indicators could also be used in its relative valuation, which is a method of valuing Target by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Target to competition
FundamentalsTargetPeer Average
Return On Equity0.34-0.31
Return On Asset0.0679-0.14
Profit Margin0.04 %(1.27) %
Operating Margin0.06 %(5.51) %
Current Valuation96.48 B16.62 B
Shares Outstanding461.69 M571.82 M
Shares Owned By Insiders0.19 %10.09 %
Shares Owned By Institutions81.10 %39.21 %
Number Of Shares Shorted7.37 M4.71 M
Price To Earning22.82 X28.72 X
Price To Book6.00 X9.51 X
Price To Sales0.75 X11.42 X
Revenue107.41 B9.43 B
Gross Profit26.89 B27.38 B
EBITDA8.61 B3.9 B
Net Income4.14 B570.98 M
Cash And Equivalents2.23 B2.7 B
Cash Per Share2.19 X5.01 X
Total Debt21.25 B5.32 B
Debt To Equity1.77 %48.70 %
Current Ratio0.86 X2.16 X
Book Value Per Share29.09 X1.93 K
Cash Flow From Operations8.62 B971.22 M
Short Ratio2.12 X4.00 X
Earnings Per Share8.94 X3.12 X
Price To Earnings To Growth2.70 X4.89 X
Target Price183.01
Number Of Employees415 K18.84 K
Beta1.13-0.15
Market Capitalization80.64 B19.03 B
Total Asset55.36 B29.47 B
Retained Earnings7.09 B9.33 B
Working Capital(1.81 B)1.48 B
Note: Sale by Matt Zabel of 4000 shares of Target [view details]

Target Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Target . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Target Buy or Sell Advice

When is the right time to buy or sell Target? Buying financial instruments such as Target Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total16.2B18.8B21.2B11.0B
Total Assets53.8B53.3B55.4B32.0B

Use Investing Ideas to Build Portfolios

In addition to having Target in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Tips ETFs
Tips ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Tips ETFs theme has 25 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tips ETFs Theme or any other thematic opportunities.
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When determining whether Target is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Target Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Target Stock. Highlighted below are key reports to facilitate an investment decision about Target Stock:
Check out Target Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Target Stock please use our How to Invest in Target guide.
Note that the Target information on this page should be used as a complementary analysis to other Target's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Target's price analysis, check to measure Target's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.
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Is Target's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Target. If investors know Target will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Target listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.574
Dividend Share
4.36
Earnings Share
8.94
Revenue Per Share
232.745
Quarterly Revenue Growth
0.017
The market value of Target is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target's value that differs from its market value or its book value, called intrinsic value, which is Target's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Target's market value can be influenced by many factors that don't directly affect Target's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.