Target Shares Drop 3.02% as Broader Market Advances

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Target shares slid 3.02% in the latest session, underperforming the broader market which posted modest gains. This drop highlights relative underperformance in the consumer discretionary sector during a day of overall market strength.

1. Analyst Consensus and Price Objectives

Target Corporation is covered by 34 research firms, which have assigned a consensus rating of Hold. Breakdowns include 4 Sell ratings, 20 Hold ratings and 10 Buy ratings. The average 12-month price objective among these brokers stands at $103.03, reflecting a range of viewpoints from underperform to outperform as firms assess Target’s competitive positioning and macro retail trends.

2. Q4 Earnings, Guidance and Financial Metrics

For the quarter ended November 19th, Target reported adjusted EPS of $1.78, beating consensus estimates by $0.07. Revenue totaled $25.27 billion, slightly below Wall Street’s $25.44 billion forecast and reflecting a 1.6% year-over-year decline. The company achieved a net margin of 3.58% and a return on equity of 22.74%. Inventories were well controlled, and the retailer maintained a debt-to-equity ratio of 0.99. For fiscal 2025, management has set an EPS guidance range of 7.00 to 8.00, while the Street consensus for fiscal 2025 EPS is 8.69.

3. Board Appointments and Dividend Declaration

Target has strengthened its board by adding John Hoke III, former Chief Innovation Officer of Nike, effective March 1, and Steve Bratspies, former CEO of HanesBrands, effective April 1. Hoke will serve on the Governance & Sustainability and Compensation & Human Capital Management committees; Bratspies will join the Audit & Risk and Infrastructure & Finance committees. In parallel, the company declared a quarterly dividend of $1.14 per share, payable March 1 to holders of record as of February 11, representing a $4.56 annualized payout and a yield of approximately 4.3%, with a payout ratio of 55.34%.

Sources

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