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Target (TGT) Stock Moves -3.16%: What You Should Know
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Target (TGT - Free Report) closed at $157.95 in the latest trading session, marking a -3.16% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 4.36%. At the same time, the Dow lost 3.44%, and the tech-heavy Nasdaq lost 5.52%.
The retailer's stock has climbed by 8.07% in the past month, falling short of the Retail-Wholesale sector's gain of 11.64% and outpacing the S&P 500's loss of 0.38%.
The upcoming earnings release of Target will be of great interest to investors. The company's earnings report is expected on November 18, 2026. On that day, Target is projected to report earnings of $2.04 per share, which would represent year-over-year growth of 14.61%. Simultaneously, our latest consensus estimate expects the revenue to be $26.38 billion, showing a 4.39% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $10.52 per share and a revenue of $110.12 billion, demonstrating changes of +38.97% and +4.64%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Target. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.16% increase. Target is holding a Zacks Rank of #2 (Buy) right now.
Valuation is also important, so investors should note that Target has a Forward P/E ratio of 15.51 right now. This expresses a discount compared to the average Forward P/E of 21.68 of its industry.
One should further note that TGT currently holds a PEG ratio of 2.55. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Retail - Discount Stores industry was having an average PEG ratio of 2.04.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 55, placing it within the top 23% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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 use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Target (TGT) Stock Moves -3.16%: What You Should Know
Target (TGT - Free Report) closed at $157.95 in the latest trading session, marking a -3.16% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 4.36%. At the same time, the Dow lost 3.44%, and the tech-heavy Nasdaq lost 5.52%.
The retailer's stock has climbed by 8.07% in the past month, falling short of the Retail-Wholesale sector's gain of 11.64% and outpacing the S&P 500's loss of 0.38%.
The upcoming earnings release of Target will be of great interest to investors. The company's earnings report is expected on November 18, 2026. On that day, Target is projected to report earnings of $2.04 per share, which would represent year-over-year growth of 14.61%. Simultaneously, our latest consensus estimate expects the revenue to be $26.38 billion, showing a 4.39% escalation compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $10.52 per share and a revenue of $110.12 billion, demonstrating changes of +38.97% and +4.64%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Target. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.16% increase. Target is holding a Zacks Rank of #2 (Buy) right now.
Valuation is also important, so investors should note that Target has a Forward P/E ratio of 15.51 right now. This expresses a discount compared to the average Forward P/E of 21.68 of its industry.
One should further note that TGT currently holds a PEG ratio of 2.55. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Retail - Discount Stores industry was having an average PEG ratio of 2.04.
The Retail - Discount Stores industry is part of the Retail-Wholesale sector. At present, this industry carries a Zacks Industry Rank of 55, placing it within the top 23% of over 250 industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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 use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.