Roth Capital Comments on Target’s FY2025 Earnings (NYSE:TGT)

Target Co. (NYSE:TGT) – Stock analysts at Roth Capital lowered their FY2025 earnings estimates for shares of Target in a report issued on Thursday, November 21st. Roth Capital analyst W. Kirk now anticipates that the retailer will post earnings per share of $8.87 for the year, down from their prior forecast of $9.66. The consensus estimate for Target’s current full-year earnings is $8.60 per share. Roth Capital also issued estimates for Target’s Q4 2025 earnings at $2.41 EPS, Q3 2026 earnings at $1.99 EPS, Q4 2026 earnings at $2.65 EPS and FY2026 earnings at $9.56 EPS.

Target (NYSE:TGT) last posted its quarterly earnings data on Wednesday, November 20th. The retailer reported $1.85 earnings per share for the quarter, missing the consensus estimate of $2.30 by ($0.45). The firm had revenue of $25.23 billion for the quarter, compared to analyst estimates of $25.87 billion. Target had a return on equity of 31.11% and a net margin of 4.06%. The business’s quarterly revenue was up .9% on a year-over-year basis. During the same period in the previous year, the business posted $2.10 EPS.

A number of other analysts have also weighed in on the company. TD Cowen lowered their target price on Target from $165.00 to $145.00 and set a “hold” rating for the company in a research note on Thursday, November 21st. BMO Capital Markets lowered their price objective on shares of Target from $160.00 to $120.00 and set a “market perform” rating for the company in a research report on Thursday, November 21st. Wells Fargo & Company reduced their target price on shares of Target from $180.00 to $150.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 20th. Daiwa Capital Markets upgraded shares of Target from a “neutral” rating to an “outperform” rating and set a $170.00 price objective for the company in a research report on Monday, August 26th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $195.00 price objective on shares of Target in a report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $161.63.

Target Trading Up 4.4 %

Shares of TGT opened at $130.50 on Monday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94. The company has a market cap of $60.12 billion, a price-to-earnings ratio of 13.84, a PEG ratio of 2.05 and a beta of 1.24. The stock has a fifty day moving average price of $150.82 and a two-hundred day moving average price of $149.31. Target has a 52-week low of $120.21 and a 52-week high of $181.86.

Target Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Wednesday, November 20th will be paid a dividend of $1.12 per share. The ex-dividend date of this dividend is Wednesday, November 20th. This represents a $4.48 dividend on an annualized basis and a yield of 3.43%. Target’s payout ratio is 47.51%.

Insiders Place Their Bets

In related news, insider Richard H. Gomez sold 6,348 shares of the firm’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of $157.17, for a total value of $997,715.16. Following the completion of the transaction, the insider now directly owns 123,551 shares of the company’s stock, valued at approximately $19,418,510.67. This trade represents a 4.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Matthew A. Liegel sold 1,000 shares of the company’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $153.13, for a total transaction of $153,130.00. Following the sale, the chief accounting officer now directly owns 7,276 shares in the company, valued at $1,114,173.88. This trade represents a 12.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.15% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of TGT. Synovus Financial Corp increased its holdings in shares of Target by 7.2% in the third quarter. Synovus Financial Corp now owns 37,209 shares of the retailer’s stock valued at $5,800,000 after purchasing an additional 2,496 shares during the last quarter. Tidal Investments LLC boosted its holdings in shares of Target by 9.4% during the third quarter. Tidal Investments LLC now owns 38,774 shares of the retailer’s stock worth $6,043,000 after acquiring an additional 3,325 shares during the period. Cim Investment Management Inc. increased its stake in shares of Target by 63.2% during the third quarter. Cim Investment Management Inc. now owns 14,930 shares of the retailer’s stock worth $2,327,000 after purchasing an additional 5,779 shares during the period. Wilmington Savings Fund Society FSB lifted its holdings in Target by 331.7% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 14,387 shares of the retailer’s stock worth $2,242,000 after purchasing an additional 11,054 shares during the last quarter. Finally, Arvest Bank Trust Division bought a new stake in Target in the 3rd quarter valued at $1,684,000. 79.73% of the stock is currently owned by institutional investors and hedge funds.

About Target

Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, boys, girls, toddlers, and infants and newborns, as well as jewelry, accessories, and shoes; and beauty and personal care, baby gear, cleaning, paper products, and pet supplies.