Target Stock Symbol Insights and Trends

Target stock symbol is a popular choice among investors, and for good reason. The stock symbol is TGT.

The company was founded in 1902 as the Goodfellow Dry Goods Company in Minneapolis, Minnesota.

Target's stock price has fluctuated over the years, with a high of $265.73 in 2021 and a low of $15.38 in 2002.

In 2020, Target's revenue reached $93.5 billion, a significant increase from $69.5 billion in 2015.

Target's financial data reveals some interesting trends. The company's sales per share have been steadily increasing, reaching $232.09 in 2024.

Target's P/E ratio has fluctuated over the years, ranging from 12.92 in 2019 to 28.17 in 2023. This indicates that investors' expectations for the company's future performance have varied.

The company's dividend yield has also changed, dropping to 1.55% in 2022 before increasing to 3.01% in 2024. This suggests that Target is prioritizing paying dividends to its shareholders.

Here's a breakdown of Target's key financial metrics over the years:

In 2023, Target's revenue was $107.41 billion, a decrease of -1.57% compared to the previous year's $109.12 billion.

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Target Corporation, the parent company of Target Stock, was founded in 1902 by George Dayton in Minneapolis, Minnesota.

The company started as a small dry goods store called Dayton's Dry Goods Company and has since grown into a multinational retailer with over 1,900 stores across the United States.

Target's headquarters is located in Minneapolis, Minnesota, where the company's founder George Dayton first opened the doors to his store.

The company's name was changed to Target Corporation in 2000 to reflect its focus on the Target brand.

Today, Target Corporation is a Fortune 500 company with a market capitalization of over $100 billion.

Target's stock performance has been a mixed bag over the years.

In the short term, the stock has shown some volatility, with a 3.34% increase in just one week. On the other hand, the stock has also experienced a 5.53% decline over the past three months.

Here's a breakdown of Target's stock performance over different time periods:

Target's performance has been a mixed bag over the past few years. The company's revenue has decreased by 1.57% in 2023 compared to the previous year.

One thing that's worth noting is that Target's earnings have actually increased, up 48.85% in 2023. This suggests that the company is still generating a significant amount of profit, even if its revenue is down slightly.

The stock's performance over different time periods is also worth looking at. In the short term, the stock has seen some volatility, with a 3.34% increase in the past week and a 5.17% increase in the past month. However, over the longer term, the stock has been more steady, with a 28.68% increase over the past five years.

Here's a breakdown of Target's performance over different time periods:

Analysts are also optimistic about Target's future performance, with an average rating of "Buy" from 32 analysts and a 12-month stock price forecast of $159.56, which represents a 13.12% increase from the latest price.

Analysts Recommendations can be a great indicator of a stock's potential performance. Analysts have consistently recommended buying TGT stock over the past few months.

The current number of BUY recommendations is 14, which is the same as it was one month ago. Three months ago, there were 17 BUY recommendations.

The number of OVERWEIGHT recommendations has remained steady at 2 over the past three months. Similarly, the number of HOLD recommendations has also remained the same at 22.

There are no UNDERWEIGHT recommendations at present, and the number of SELL recommendations is just 1.

Here's a breakdown of the current analyst recommendations:

The overall trend suggests that analysts are cautiously optimistic about TGT stock, recommending an overweight rating.

Victoria Greene, CIO of G Squared Private Wealth, shared her outlooks on Southwest Airlines and Taiwan Semiconductor as part of a 3-Stock Lunch segment on CNBC's 'Power Lunch'.

Her thoughts on Southwest Airlines were likely influenced by the airline's recent performance, as she joined the show to share her views.

Southwest Airlines is a well-known player in the airline industry, with a strong presence in the US market.

Greene's comments on Taiwan Semiconductor were likely informed by the company's recent growth and expansion into new markets.

Taiwan Semiconductor is a leading manufacturer of semiconductors, a crucial component in many electronic devices.

Insider trading can be a significant indicator of a company's direction. Cornell Brian C has been selling shares in the past, with a notable sale of 45,000 shares on August 26, 2024, at a price of 158.67.

The data shows that several insiders have been buying shares. Amy Tu made two purchases on August 29, 2024, buying 26,124 and 5,878 shares.

Some insiders have been selling a significant number of shares. Richard H. Gomez sold 6,348 shares on September 26, 2024, at a price of 157.17.

Here are some key insider activity statistics:

It's worth noting that the prices of the shares sold by insiders vary, with Gomez selling at 157.17 and Cornell selling at 158.67.

Target stock symbol has a long history of paying dividends to its shareholders, and it's essential to understand the dividend calendar to make informed investment decisions.

In 2024, Target Corp. declared a dividend of $4.38 per share, with a yield of 3.01%.

The dividend payout has been steadily increasing over the years, with a high of $4.38 in 2024 and a low of $0.18 in 1999.

Here's a breakdown of the dividend payout for Target Corp. over the years:

Target's holiday season was a mixed bag, but the sales numbers are what caught my attention. Target's holiday sales exceeded expectations, which is a great sign for the company.

The retailer saw a significant increase in sales, but it's worth noting that profit didn't follow suit. Discounts reigned king, which likely contributed to the lack of profit growth.

Target is now expecting same-store sales growth of 1.5% for stores open at least 13 months in the fourth quarter, above previous expectations that it would stay flat. This is a positive development for the company.

Despite the strong sales numbers, Target did experience a Q3 earnings miss, dropping 45¢ per share below analyst estimates. This setback was likely a result of the company's efforts to align itself with an "evolving external landscape" by ending its diversity, equity, and inclusion goals.

Target stock symbol TGT has been a part of the S&P 500 index since 1989.

The company has a long history of innovation, with the first Target store opening in 1962 in Roseville, Minnesota.

Target has been a leader in e-commerce, with online sales growing by 24% in 2020.

The company has also made significant investments in its supply chain, with a goal of achieving 95% of shipments on time by 2023.

Target has a strong presence in the retail industry, with over 1,900 stores across the United States.

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