Target Stock Beta
| TGT Stock | USD 164.44 0.90 0.54% |
Target fundamentals help investors to digest information that contributes to Target's financial success or failures. It also enables traders to predict the movement of Target Stock. The fundamental analysis module provides a way to measure Target's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Target stock.
Target | Beta |
Target Company Beta Analysis
Target's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Target Beta | 1.15 |
Most of Target's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Target is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Target Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Target is extremely important. It helps to project a fair market value of Target Stock properly, considering its historical fundamentals such as Beta. Since Target's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Target's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Target's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Target has a Beta of 1.151. This is 6.42% lower than that of the Consumer Staples Distribution & Retail sector and 25.11% higher than that of the Consumer Staples industry. The beta for all United States stocks is notably lower than that of the firm.
Target Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Target's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Target could also be used in its relative valuation, which is a method of valuing Target by comparing valuation metrics of similar companies.Target is currently under evaluation in beta category among related companies.
Target ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Target's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Target's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Target Institutional Holders
Institutional Holdings refers to the ownership stake in Target that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Target's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Target's value.| 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 |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Target will likely underperform.
Target Fundamentals
| Return On Equity | 0.34 | ||||
| Return On Asset | 0.0679 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 92.3 B | ||||
| Shares Outstanding | 461.69 M | ||||
| Shares Owned By Insiders | 0.20 % | ||||
| Shares Owned By Institutions | 81.61 % | ||||
| Number Of Shares Shorted | 7.06 M | ||||
| Price To Earning | 22.82 X | ||||
| Price To Book | 5.71 X | ||||
| Price To Sales | 0.71 X | ||||
| Revenue | 107.41 B | ||||
| Gross Profit | 26.89 B | ||||
| EBITDA | 8.61 B | ||||
| Net Income | 4.14 B | ||||
| Cash And Equivalents | 2.23 B | ||||
| Cash Per Share | 2.19 X | ||||
| Total Debt | 21.25 B | ||||
| Debt To Equity | 1.77 % | ||||
| Current Ratio | 0.86 X | ||||
| Book Value Per Share | 29.09 X | ||||
| Cash Flow From Operations | 8.62 B | ||||
| Short Ratio | 1.43 X | ||||
| Earnings Per Share | 8.94 X | ||||
| Price To Earnings To Growth | 2.56 X | ||||
| Target Price | 185.05 | ||||
| Number Of Employees | 415 K | ||||
| Beta | 1.15 | ||||
| Market Capitalization | 76.88 B | ||||
| Total Asset | 55.36 B | ||||
| Retained Earnings | 7.09 B | ||||
| Working Capital | (1.81 B) | ||||
| Current Asset | 9.65 B | ||||
| Current Liabilities | 7.05 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.35 % | ||||
| Net Asset | 55.36 B | ||||
| Last Dividend Paid | 4.36 |
About Target Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Target's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Target using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Target based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
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 Piotroski F Score and Target Altman Z Score analysis. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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.
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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.