After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Target Corp (TGT) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.20, or 0.15%, to $129.85. The Target Corp has recorded 588,002 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Target Corporation Reports Third Quarter Earnings.
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Stocks Info
Target Corp is listed on the NYSE in the Consumer Defensive sector while operating in the Discount Stores industry. The current market capitalization of Target Corp is $59.85B. A total of 5.81 million shares were traded on the day, compared to an average of 5.12M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, TGT has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 870 and the disposition of 0 shares. Over the last 12 months, there were 50 BUYs and 66 SELLs from insiders. Insiders purchased 594,144 shares during that period but sold 421,832.
In the most recent transaction, LIU DON H sold 16,000 shares of TGT for 130.00 per share on Nov 16. After the transaction, the Executive Officer now owns 48,882 company shares. In a previous transaction on Aug 18, Cornell Brian C sold 30,000 shares at 130.70 per share. TGT shares that Executive Officer owns now total 399,669.
Among the insiders who sold shares, LIEGEL MATTHEW A disposed of 1,459 shares on May 18 at a per-share price of $160.75. This resulted in the Chief Accounting Officer holding 3,748 shares of TGT after the transaction. In another insider transaction, LIU DON H sold 6,000 shares at $167.00 per share on Apr 03. Company shares held by the Executive Officer now total 53,078.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Target Corp pays an annual dividend of $4.30, resulting in a dividend yield of 3.32%, and it has a price to earnings (P/E) ratio of 16.51. TGT’s most recent ex-dividend date was 11/14/2023 when it declared a $1.10 quarterly dividend that was paid in cash on 12/10/2023. Previously, the company paid the dividend on 9/10/2023 with an ex-dividend date of 8/15/2023. The TGT stock dividend was $1.10 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for TGT in the last 3 months, the mean price target is $149.99 with high estimates of $180.00 and low estimates of $125.00. In terms of 52-week highs and lows, TGT has a high of $181.70 and a low of $102.93.
As of this writing, TGT has an earnings estimate of $2.18 per share for the current quarter. EPS was calculated based on a consensus of 27 estimates, with a high estimate of $2.38 per share and a lower estimate of $1.74. The company reported an EPS of $1.8 in the last quarter, which was 30.40% higher than expectations of $1.38.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TGT is Buy with a score of 3.86.
