Target Corp (NYSE:TGT) shares, rose in value, with the stock price down by -1.08% to the previous day’s close as strong demand from buyers drove the stock to $95.94.
Actively observing the price movement in the last trading, the stock closed the session at $96.99. The PE ratio was 10.54 over 12-month period. Referring to stock’s 52-week performance, its high was $167.40, and the low was $87.35. On the whole, TGT has fluctuated by -0.45% over the past month.
With the market capitalization of Target Corp currently standing at about $43.59 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.36, with its dividend yield at 3.50%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TGT’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of TGT currently trading nearly -0.53% and -1.76% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.05, while the 7-day volatility ratio is showing 2.01% which for the 30-day chart, stands at 2.44%. Furthermore, Target Corp (TGT)’s beta value is 1.22, and its average true range (ATR) is 3.30.
A comparison of Target Corp (TGT) with its peers suggests the former has fared considerably weaker in the market. TGT showed an intraday change of -1.08% in last session, and over the past year, it shrunk by -33.56%%.
Data on historical trading for Target Corp (NYSE:TGT) indicates that the trading volumes over the past 3 months, they’ve averaged 8.92 million. According to company’s latest data on outstanding shares, there are 454.36 million shares outstanding.
Nearly 0.28% of Target Corp’s shares belong to company insiders and institutional investors own 85.53% of the company’s shares. The stock has fallen by -29.03% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TGT stock heading into the next quarter.
