Target moved 0.8% this afternoon session, trading between a high of $120.787 and a low of $118.95 per share. Yesterday the stock finished at $119.34 per share, compared to an average analyst target price of $151.0.
Target Corporation operates as a general merchandise retailer in the United States. The large-cap department/specialty retail stores company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.6%. Target has trailing twelve months earnings per share (EPS) of 7.29, which at today's prices amounts to a price to earnings (P/E) ratio of 16.5.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 0.86. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-03-08 | 109,120,000 | -82,229,000 | 25 | -10.71 |
| 2022-03-09 | 106,005,000 | -74,963,000 | 28 | 0.0 |
| 2021-03-10 | 93,561,000 | -66,177,000 | 28 | -6.67 |
| 2020-03-11 | 78,112,000 | -54,864,000 | 30 | 7.14 |
| 2019-03-13 | 75,356,000 | -53,299,000 | 28 | -6.67 |
| 2018-03-14 | 72,714,000 | -51,125,000 | 30 |
At 28.2%, Target's average gross margins are wider than the 23.25% average of its industry peer group, which suggests that the firm might have a competitive advantage.
