Total Valuation
Target has a market cap or net worth of $66.28 billion. The enterprise value is $81.79 billion.
| Market Cap | 66.28B |
| Enterprise Value | 81.79B |
Important Dates
The last earnings date was Wednesday, May 22, 2024, before market open.
| Earnings Date | May 22, 2024 |
| Ex-Dividend Date | May 14, 2024 |
Share Statistics
Target has 462.63 million shares outstanding. The number of shares has decreased by -0.41% in one year.
| Shares Outstanding | 462.63M |
| Shares Change (YoY) | -0.41% |
| Shares Change (QoQ) | +0.11% |
| Owned by Insiders (%) | 0.18% |
| Owned by Institutions (%) | 81.21% |
| Float | 460.34M |
Valuation Ratios
The trailing PE ratio is 16.03 and the forward PE ratio is 15.79. Target's PEG ratio is 2.56.
| PE Ratio | 16.03 |
| Forward PE | 15.79 |
| PS Ratio | 0.62 |
| Forward PS | 0.61 |
| PB Ratio | 4.93 |
| P/FCF Ratio | 17.27 |
| PEG Ratio | 2.56 |
Financial Ratio History
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.51, with an EV/FCF ratio of 21.31.
| EV / Earnings | 19.77 |
| EV / Sales | 0.76 |
| EV / EBITDA | 9.51 |
| EV / EBIT | 14.10 |
| EV / FCF | 21.31 |
Financial Position
The company has a current ratio of 0.91, with a Debt / Equity ratio of 1.44.
| Current Ratio | 0.91 |
| Quick Ratio | n/a |
| Debt / Equity | 1.44 |
| Debt / EBITDA | 2.25 |
| Debt / FCF | 5.03 |
| Interest Coverage | 11.55 |
Financial Efficiency
Return on equity (ROE) is 33.40% and return on invested capital (ROIC) is 13.61%.
| Return on Equity (ROE) | 33.40% |
| Return on Assets (ROA) | 7.60% |
| Return on Capital (ROIC) | 13.61% |
| Revenue Per Employee | $258,824 |
| Profits Per Employee | $9,971 |
| Employee Count | 415,000 |
| Asset Turnover | 1.98 |
| Inventory Turnover | 6.12 |
Taxes
In the past 12 months, Target has paid $1.16 billion in taxes.
| Income Tax | 1.16B |
| Effective Tax Rate | 21.88% |
Stock Price Statistics
The stock price has decreased by -5.69% in the last 52 weeks. The beta is 1.17, so Target's price volatility has been higher than the market average.
| Beta (1Y) | 1.17 |
| 52-Week Price Change | -5.69% |
| 50-Day Moving Average | 165.48 |
| 200-Day Moving Average | 139.40 |
| Relative Strength Index (RSI) | 24.66 |
| Average Volume (30 Days) | 3,831,379 |
Short Selling Information
The latest short interest is 6.34 million, so 1.37% of the outstanding shares have been sold short.
| Short Interest | 6.34M |
| Short Previous Month | 7.06M |
| Short % of Shares Out | 1.37% |
| Short % of Float | 1.38% |
| Short Ratio (days to cover) | 2.15 |
Income Statement
In the last 12 months, Target had revenue of $107.41 billion and earned $4.14 billion in profits. Earnings per share was $8.94.
| Revenue | 107.41B |
| Gross Profit | 29.68B |
| Operating Income | 5.71B |
| Pretax Income | 5.30B |
| Net Income | 4.14B |
| EBITDA | 8.60B |
| EBIT | 5.80B |
| Earnings Per Share (EPS) | $8.94 |
Full Income Statement
Balance Sheet
The company has $3.81 billion in cash and $19.32 billion in debt, giving a net cash position of -$15.51 billion or -$33.53 per share.
| Cash & Cash Equivalents | 3.81B |
| Total Debt | 19.32B |
| Net Cash | -15.51B |
| Net Cash Per Share | -$33.53 |
| Equity / Book Value | 13.43B |
| Book Value Per Share | 29.03 |
| Working Capital | -1.81B |
Full Balance Sheet
Cash Flow
In the last 12 months, operating cash flow was $8.62 billion and capital expenditures -$4.78 billion, giving a free cash flow of $3.84 billion.
| Operating Cash Flow | 8.62B |
| Capital Expenditures | -4.78B |
| Free Cash Flow | 3.84B |
| FCF Per Share | $8.32 |
Full Cash Flow Statement
Margins
Gross margin is 27.63%, with operating and profit margins of 5.31% and 3.85%.
| Gross Margin | 27.63% |
| Operating Margin | 5.31% |
| Pretax Margin | 4.93% |
| Profit Margin | 3.85% |
| EBITDA Margin | 8.01% |
| EBIT Margin | 5.40% |
| FCF Margin | 3.57% |
Dividends & Yields
This stock pays an annual dividend of $4.40, which amounts to a dividend yield of 3.07%.
| Dividend Per Share | $4.40 |
| Dividend Yield | 3.07% |
| Dividend Growth (YoY) | 1.85% |
| Years of Dividend Growth | 53 |
| Payout Ratio | 49.22% |
| Buyback Yield | 0.41% |
| Shareholder Yield | 3.48% |
| Earnings Yield | 6.24% |
| FCF Yield | 5.79% |
Dividend Details
Analyst Forecast
The average price target for Target is $181.50, which is 26.68% higher than the current price. The consensus rating is "Buy".
| Price Target | $181.50 |
| Price Target Difference | 26.68% |
| Analyst Consensus | Buy |
| Analyst Count | 31 |
| Revenue Growth Forecast (5Y) | 3.11% |
| EPS Growth Forecast (5Y) | 8.30% |
Stock Forecasts
Stock Splits
The last stock split was on July 20, 2000. It was a forward split with a ratio of 2:1.
| Last Split Date | Jul 20, 2000 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
Target has an Altman Z-Score of 3.37 and a Piotroski F-Score of 7.
| Altman Z-Score | 3.37 |
| Piotroski F-Score | 7 |
