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.
Target |
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
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
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 Bank | 2023-12-31 | 5.3 M | Goldman Sachs Group Inc | 2023-12-31 | 5.1 M | Northern Trust Corp | 2023-12-31 | 4.9 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 4.6 M | Jpmorgan Chase & Co | 2023-12-31 | 4.3 M | Legal & General Group Plc | 2023-12-31 | 4 M | Bank Of New York Mellon Corp | 2023-12-31 | 3.9 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 3.4 M | Amvescap Plc. | 2023-12-31 | 3.2 M | Vanguard Group Inc | 2023-12-31 | 44.9 M | State Street Corporation | 2023-12-31 | 36 M |
Target Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change To Inventory | 505M | (1.7B) | (3.2B) | 403M | 1.6B | 1.7B | |
Change In Cash | 1.0B | 5.9B | (2.6B) | (3.7B) | 22M | 20.9M | |
Free Cash Flow | 4.1B | 7.9B | 5.1B | (1.5B) | 3.8B | 4.0B | |
Depreciation | 2.6B | 2.5B | 2.6B | 2.7B | 2.8B | 1.7B | |
Other Non Cash Items | 45M | 598M | (268M) | 172M | 94M | 89.3M | |
Dividends Paid | 1.3B | 1.3B | 1.5B | 1.8B | (2.0B) | (1.9B) | |
Capital Expenditures | 3.0B | 2.6B | 3.5B | 5.5B | 4.8B | 2.8B | |
Net Income | 3.3B | 4.4B | 6.9B | 2.8B | 4.1B | 2.3B | |
End Period Cash Flow | 2.6B | 8.5B | 5.9B | 2.2B | 908M | 1.6B | |
Net Borrowings | (330M) | 65M | 825M | 2.5B | 2.8B | 3.0B | |
Change To Netincome | 382M | 614M | 482M | 974M | 1.1B | 1.2B | |
Investments | 20M | 16M | 7M | (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 Composite | 0.86 | |
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 |
Fundamentals | Target | Peer Average |
Return On Equity | 0.34 | -0.31 |
Return On Asset | 0.0679 | -0.14 |
Profit Margin | 0.04 % | (1.27) % |
Operating Margin | 0.06 % | (5.51) % |
Current Valuation | 96.48 B | 16.62 B |
Shares Outstanding | 461.69 M | 571.82 M |
Shares Owned By Insiders | 0.19 % | 10.09 % |
Shares Owned By Institutions | 81.10 % | 39.21 % |
Number Of Shares Shorted | 7.37 M | 4.71 M |
Price To Earning | 22.82 X | 28.72 X |
Price To Book | 6.00 X | 9.51 X |
Price To Sales | 0.75 X | 11.42 X |
Revenue | 107.41 B | 9.43 B |
Gross Profit | 26.89 B | 27.38 B |
EBITDA | 8.61 B | 3.9 B |
Net Income | 4.14 B | 570.98 M |
Cash And Equivalents | 2.23 B | 2.7 B |
Cash Per Share | 2.19 X | 5.01 X |
Total Debt | 21.25 B | 5.32 B |
Debt To Equity | 1.77 % | 48.70 % |
Current Ratio | 0.86 X | 2.16 X |
Book Value Per Share | 29.09 X | 1.93 K |
Cash Flow From Operations | 8.62 B | 971.22 M |
Short Ratio | 2.12 X | 4.00 X |
Earnings Per Share | 8.94 X | 3.12 X |
Price To Earnings To Growth | 2.70 X | 4.89 X |
Target Price | 183.01 | |
Number Of Employees | 415 K | 18.84 K |
Beta | 1.13 | -0.15 |
Market Capitalization | 80.64 B | 19.03 B |
Total Asset | 55.36 B | 29.47 B |
Retained Earnings | 7.09 B | 9.33 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.
Accumulation Distribution | 56766.51 | |||
Daily Balance Of Power | 0.9373 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 176.05 | |||
Day Typical Price | 176.43 | |||
Price Action Indicator | 2.44 | |||
Period Momentum Indicator | 2.54 |
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 Total | 16.2B | 18.8B | 21.2B | 11.0B | Total Assets | 53.8B | 53.3B | 55.4B | 32.0B |
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.Did You Try This Idea?
Run Tips ETFs Thematic Idea Now
Tips ETFs
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.
View All Next | Launch |
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.
Complementary Tools for Target Stock analysis
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.
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
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.