Target (NYSE:TGT) Issues FY 2025 Earnings Guidance

Target (NYSE:TGT) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 8.800-9.800 for the period, compared to the consensus EPS estimate of 9.270. The company issued revenue guidance of $107.6 billion-$107.6 billion, compared to the consensus revenue estimate of $106.4 billion.

Target Stock Performance

NYSE TGT opened at $120.28 on Tuesday. The company has a quick ratio of 0.25, a current ratio of 0.94 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $55.11 billion, a P/E ratio of 12.76, a P/E/G ratio of 1.94 and a beta of 1.15. Target has a 12-month low of $119.92 and a 12-month high of $181.86. The firm has a 50-day moving average price of $133.54 and a two-hundred day moving average price of $142.28.

Target Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, March 1st. Shareholders of record on Wednesday, February 12th were issued a $1.12 dividend. This represents a $4.48 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date was Wednesday, February 12th. Target’s dividend payout ratio is currently 47.51%.

Analysts Set New Price Targets

A number of analysts have issued reports on TGT shares. Wells Fargo & Company cut their price objective on shares of Target from $180.00 to $150.00 and set an “overweight” rating for the company in a report on Wednesday, November 20th. Bank of America dropped their target price on shares of Target from $195.00 to $160.00 and set a “buy” rating for the company in a research report on Thursday, November 21st. StockNews.com cut shares of Target from a “buy” rating to a “hold” rating in a research report on Monday. Gordon Haskett cut shares of Target from a “buy” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, Daiwa Capital Markets cut shares of Target from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $170.00 to $130.00 in a research report on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, eighteen have given a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $157.93.

About Target

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.