Target Corporation Stock Was Up By 11.43% On Tuesday

(VIANEWS) – The NYSE ended the session with Target Corporation rising 11.43% to $167.69 on Tuesday, after two sequential sessions in a row of losses. NYSE dropped 0.49% to $17,662.19, after three successive sessions in a row of gains, on what was a somewhat bearish trend trading session today.

Target Corporation’s last close was $150.49, 12.12% below its 52-week high of $171.24.

About Target Corporation

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. It also provides dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, and food service; electronics, which includes video game hardware and software, toys, entertainment, sporting goods, and luggage; and furniture, lighting, storage, kitchenware, small appliances, home décor, bed and bath, home improvement, school/office supplies, greeting cards and party supplies, and other seasonal merchandise. In addition, the company sells merchandise through periodic design and creative partnerships, and shop-in-shop experience; and in-store amenities. Further, it sells its products through its stores; and digital channels, including Target.com. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.

Earnings Per Share

As for profitability, Target Corporation has a trailing twelve months EPS of $7.61.

PE Ratio

Target Corporation has a trailing twelve months price to earnings ratio of 22.04. Meaning, the purchaser of the share is investing $22.04 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 30.87%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 26.5% and 2%, respectively.

Volume

Today’s last reported volume for Target Corporation is 19979500 which is 469.07% above its average volume of 3510880.

Revenue Growth

Year-on-year quarterly revenue growth declined by 4.2%, now sitting on 106.89B for the twelve trailing months.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Feb 20, 2024, the estimated forward annual dividend rate is 4.4 and the estimated forward annual dividend yield is 2.83%.

More news about Target Corporation (TGT).

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