We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
In the latest trading session, Target (TGT - Free Report) closed at $130.24, marking a +1.1% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.46%. Elsewhere, the Dow saw an upswing of 1.24%, while the tech-heavy Nasdaq appreciated by 2.03%.
The retailer's stock has climbed by 7.78% in the past month, falling short of the Retail-Wholesale sector's gain of 11.7% and the S&P 500's gain of 10.32%.
Investors will be eagerly watching for the performance of Target in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 20, 2026. The company's earnings per share (EPS) are projected to be $1.34, reflecting a 3.08% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $24.28 billion, indicating a 1.81% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $8.02 per share and a revenue of $106.8 billion, demonstrating changes of +5.94% and +1.93%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Target. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.18% lower within the past month. Right now, Target possesses a Zacks Rank of #3 (Hold).
Digging into valuation, Target currently has a Forward P/E ratio of 16.06. This indicates a discount in contrast to its industry's Forward P/E of 27.75.
It's also important to note that TGT currently trades at a PEG ratio of 5.37. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Discount Stores industry had an average PEG ratio of 3.1 as trading concluded yesterday.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 50, which puts it in the top 21% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Target (TGT) Rises Yet Lags Behind Market: Some Facts Worth Knowing
In the latest trading session, Target (TGT - Free Report) closed at $130.24, marking a +1.1% move from the previous day. The stock's change was less than the S&P 500's daily gain of 1.46%. Elsewhere, the Dow saw an upswing of 1.24%, while the tech-heavy Nasdaq appreciated by 2.03%.
The retailer's stock has climbed by 7.78% in the past month, falling short of the Retail-Wholesale sector's gain of 11.7% and the S&P 500's gain of 10.32%.
Investors will be eagerly watching for the performance of Target in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on May 20, 2026. The company's earnings per share (EPS) are projected to be $1.34, reflecting a 3.08% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $24.28 billion, indicating a 1.81% growth compared to the corresponding quarter of the prior year.
For the full year, the Zacks Consensus Estimates project earnings of $8.02 per share and a revenue of $106.8 billion, demonstrating changes of +5.94% and +1.93%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Target. These revisions help to show the ever-changing nature of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.18% lower within the past month. Right now, Target possesses a Zacks Rank of #3 (Hold).
Digging into valuation, Target currently has a Forward P/E ratio of 16.06. This indicates a discount in contrast to its industry's Forward P/E of 27.75.
It's also important to note that TGT currently trades at a PEG ratio of 5.37. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Retail - Discount Stores industry had an average PEG ratio of 3.1 as trading concluded yesterday.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 50, which puts it in the top 21% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.