Target Income Statement Research

TGT Stock  USD 177.21  2.54  1.45%   
Most accounts from Target's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Target current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Target Valuation and Target Correlation analysis.
For more information on how to buy Target Stock please use our How to Invest in Target guide.
  
At this time, Target's Cost Of Revenue is comparatively stable compared to the past year. Net Income is likely to gain to about 4.3 B in 2024, whereas Gross Profit is likely to drop slightly above 16.3 B in 2024.
Most accounts from Target's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Target current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Target Valuation and Target Correlation analysis.
For more information on how to buy Target Stock please use our How to Invest in Target guide.At this time, Target's Cost Of Revenue is comparatively stable compared to the past year. Net Income is likely to gain to about 4.3 B in 2024, whereas Gross Profit is likely to drop slightly above 16.3 B in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue106.0B109.1B107.4B54.9B
Depreciation And Amortization3.0B2.7B2.8B1.5B

Target income statement Correlations

0.950.970.950.790.790.880.710.980.76-0.110.520.510.40.930.370.36-0.39-0.06-0.360.270.520.24
0.950.971.00.770.760.850.80.980.74-0.150.530.450.310.970.50.43-0.39-0.07-0.440.230.650.37
0.970.970.960.860.860.930.750.980.83-0.140.570.580.420.940.440.47-0.330.04-0.390.150.560.25
0.951.00.960.730.730.820.80.980.71-0.140.510.410.310.970.50.4-0.4-0.11-0.440.230.650.38
0.790.770.860.730.990.980.580.750.98-0.170.680.820.350.710.420.74-0.140.49-0.350.050.460.16
0.790.760.860.730.990.980.560.750.98-0.090.680.850.370.710.40.72-0.090.5-0.310.030.420.13
0.880.850.930.820.980.980.630.850.96-0.10.670.790.390.80.410.65-0.180.37-0.340.10.470.17
0.710.80.750.80.580.560.630.770.56-0.220.610.320.120.840.720.45-0.52-0.08-0.740.340.680.75
0.980.980.980.980.750.750.850.770.72-0.120.490.460.410.960.420.34-0.37-0.12-0.380.180.560.27
0.760.740.830.710.980.980.960.560.72-0.040.730.810.20.680.420.81-0.10.52-0.390.150.480.2
-0.11-0.15-0.14-0.14-0.17-0.09-0.1-0.22-0.12-0.040.090.02-0.26-0.14-0.380.010.390.090.180.22-0.29-0.19
0.520.530.570.510.680.680.670.610.490.730.090.46-0.110.510.490.78-0.410.29-0.660.260.580.48
0.510.450.580.410.820.850.790.320.460.810.020.460.450.430.270.490.330.670.04-0.040.03-0.06
0.40.310.420.310.350.370.390.120.410.2-0.26-0.110.450.35-0.04-0.260.110.080.4-0.54-0.25-0.42
0.930.970.940.970.710.710.80.840.960.68-0.140.510.430.350.490.35-0.41-0.1-0.460.240.60.43
0.370.50.440.50.420.40.410.720.420.42-0.380.490.27-0.040.490.5-0.320.11-0.650.190.810.79
0.360.430.470.40.740.720.650.450.340.810.010.780.49-0.260.350.5-0.150.62-0.630.230.610.43
-0.39-0.39-0.33-0.4-0.14-0.09-0.18-0.52-0.37-0.10.39-0.410.330.11-0.41-0.32-0.150.490.67-0.19-0.58-0.5
-0.06-0.070.04-0.110.490.50.37-0.08-0.120.520.090.290.670.08-0.10.110.620.490.07-0.09-0.1-0.09
-0.36-0.44-0.39-0.44-0.35-0.31-0.34-0.74-0.38-0.390.18-0.660.040.4-0.46-0.65-0.630.670.07-0.47-0.8-0.84
0.270.230.150.230.050.030.10.340.180.150.220.26-0.04-0.540.240.190.23-0.19-0.09-0.470.310.56
0.520.650.560.650.460.420.470.680.560.48-0.290.580.03-0.250.60.810.61-0.58-0.1-0.80.310.75
0.240.370.250.380.160.130.170.750.270.2-0.190.48-0.06-0.420.430.790.43-0.5-0.09-0.840.560.75
Click cells to compare fundamentals

Target Account Relationship Matchups

Target income statement Accounts

201920202021202220232024 (projected)
Total Revenue78.1B93.6B106.0B109.1B107.4B54.9B
Gross Profit23.2B27.4B31.0B26.9B27.3B16.3B
Operating Income4.7B6.5B8.9B3.8B5.8B3.6B
Ebit4.7B6.5B8.9B3.8B5.8B3.7B
Ebitda7.3B9.0B12.0B6.6B8.6B5.2B
Cost Of Revenue54.9B66.2B75.0B82.2B80.2B84.2B
Income Before Tax4.2B5.5B8.9B3.4B5.3B3.1B
Net Income3.3B4.4B6.9B2.8B4.1B4.3B
Income Tax Expense921M1.2B2.0B638M1.2B972.1M
Interest Expense477M977M421M478M526M396.3M
Tax Provision921M1.2B2.0B638M1.2B1.2B
Interest Income467M465M421M478M430.2M387.5M
Net Interest Income(477M)(977M)(421M)(478M)(502M)(527.1M)

Target Investors Sentiment

The influence of Target's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Target. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Target's public news can be used to forecast risks associated with an investment in Target. The trend in average sentiment can be used to explain how an investor holding Target can time the market purely based on public headlines and social activities around Target. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Target's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Target's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Target's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Target.

Target Implied Volatility

    
  18.96  
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Target in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Target's short interest history, or implied volatility extrapolated from Target options trading.

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 Valuation and Target Correlation 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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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
8.93
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.