Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Target Corp’s current trading price is -38.81% away from its 52-week high, while its distance from the 52-week low is 17.26%. The stock’s price range during this period has varied between $87.35 and $167.40. The company, active in the Consumer Defensive sector, saw a trading volume of around 5.09 million for the day, considerably lower average daily volume of 6.57 million observed over the last three months.
Target Corp (TGT) currently has a stock price of $102.43. The stock saw a sharp increase in the last trading session, hitting a high of $135.0 after opening at $102.43. The lowest recorded price for the day was $82.0 before it closed at $99.79.
The market performance of Target Corp has been somewhat unstable.
How Financial Performance Impacts Market Capitalization
Target Corp (TGT) has experienced a quarterly rise of 8.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 46.54B and boasts a workforce of 440000 employees.
Decoding Analysts’ Ratings for Target Corp
As of right now, 7 analysts are rating Target Corp as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 24 analysts are recommending to HOLD this stock, 3 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 99.09, with a change in price of -4.85. Similarly, Target Corp recorded 7,352,490 in trading volume during the last 100 days, posting a change of -4.52%.
How TGT’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for TGT stands at 1.30. Similarly, the long-term debt-to-equity ratio is also 1.20.
TGT Stock Stochastic Average
As of today, the raw stochastic average of Target Corp over the last 50 days is at 61.58%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 38.15%. Further, the company’s Stochastic %K and %D values for the last 20 days were 21.26% and 15.33%, respectively.
TGT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -30.33%.However, over the last six months, we can see a stronger performance of -23.65%. Over the last 30 days, the price of TGT has fallen by 0.82%. And in the last five days, it has fallen by -1.68%.
