Wall Street analysts will be watching closely when Target Corporation (NYSE:TGT) reports its quarterly earnings next, which is scheduled for Wed 22 May (In 69 Days). In the preceding quarter, the company reportedly generated EPS of $1.53 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 5.50%, a profit margin of 4.10%29.30%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Target Corporation (NYSE:TGT). Most recently, on March 6th, 2019, Telsey Advisory Group Reiterated a Outperform rating. Before that, on February 26th, 2019, Citigroup Resumed to Neutral. Telsey Advisory Group Reiterated a Outperform rating on January 7th, 2019, Standpoint Research Upgrade an Buy rating on December 26th, 2018, and KeyBanc Capital Mkts Initiated a Overweight rating on November 16th, 2018.
At its current price point, combined with the fact that this company has 524.31M shares outstanding, the current market capitalization sits at 40.10B. In the last trading day, 3,768,881 shares of Target Corporation were traded, which compares to its usual volume of about 5.60M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.32 in the past five trading days, resulting in a percentage change of +0.42% and a moving average of 76.37. In the past 20 days, its price changed by $3.92 (which is +5.40%) and the stock’s moving average was 74.15. Looking back a full 50 days, shares of TGT changed by $10.40 (which is +15.74%) and demonstrated a moving average of 71.82.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 84.04%, a 14-day Stochastic %K score of 85.32% and a 20-day Stochastic %K score of 87.95%. Using a similar metric, Target Corporation (TGT) shares showed a Stochastic %D of 81.02% over the past 9 days, a Stochastic %D score of 81.97% over the last 14 days, and a 20-day Stochastic %D of 86.49%. Meanwhile, this stock’s MACD Oscillator was 0.64 over the past 9 days, 1.77 over the past two weeks, and 2.45 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $76.49 level. Over the past 12 months, this stock has experienced a high price of $90.39 and a low of $60.15. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
SSgA Funds Management Inc sold more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Target Corporation (NYSE:TGT) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 44,596,434 shares of the company’s stock following the subtraction of -329,252 to this investor’s holdings during the three-month period. This share count represents that SSgA Funds Management Inc now held 8.55% stake in Target Corporation (TGT)’s shares.
Just in the most recent trading day, Target Corporation (NYSE:TGT) experienced a high price of $76.8 and low point of $76.05. At the end of the last trading session, this stock was at 76.49 per share, following a loss of -$0.46, or -0.82% during the full day.