Target Co. Forecasted to Post Q2 2025 Earnings of $1.98 Per Share (NYSE:TGT)

Target Co. (NYSE:TGT) – Research analysts at DA Davidson cut their Q2 2025 earnings estimates for Target in a research report issued to clients and investors on Tuesday, August 6th. DA Davidson analyst M. Baker now anticipates that the retailer will earn $1.98 per share for the quarter, down from their previous estimate of $2.05. The consensus estimate for Target’s current full-year earnings is $9.31 per share. DA Davidson also issued estimates for Target’s FY2025 earnings at $9.00 EPS and FY2026 earnings at $10.29 EPS.

A number of other equities research analysts have also recently weighed in on TGT. Morgan Stanley cut their price objective on shares of Target from $190.00 to $180.00 and set an “overweight” rating on the stock in a research note on Thursday, May 23rd. Royal Bank of Canada dropped their price target on shares of Target from $191.00 to $181.00 and set an “outperform” rating on the stock in a research report on Thursday, May 23rd. UBS Group lowered their price objective on shares of Target from $191.00 to $185.00 and set a “buy” rating on the stock in a research note on Thursday, May 23rd. Piper Sandler started coverage on Target in a research report on Wednesday, July 10th. They issued a “neutral” rating and a $156.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Target from $209.00 to $190.00 and set a “buy” rating on the stock in a research report on Thursday, May 23rd. One analyst has rated the stock with a sell rating, ten have given a hold rating and eighteen have given a buy rating to the company. Based on data from MarketBeat, Target has a consensus rating of “Moderate Buy” and an average price target of $175.46.

Target Stock Up 0.4 %

TGT opened at $133.97 on Wednesday. The stock’s 50 day moving average price is $146.60 and its 200 day moving average price is $154.33. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.86 and a quick ratio of 0.27. The stock has a market cap of $61.98 billion, a P/E ratio of 15.04, a P/E/G ratio of 1.38 and a beta of 1.19. Target has a 12 month low of $102.93 and a 12 month high of $181.86.

Target (NYSE:TGT) last announced its quarterly earnings results on Wednesday, May 22nd. The retailer reported $2.03 EPS for the quarter, missing the consensus estimate of $2.05 by ($0.02). The firm had revenue of $24.14 billion during the quarter, compared to analyst estimates of $24.52 billion. Target had a net margin of 3.87% and a return on equity of 31.91%. Target’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.05 EPS.

Hedge Funds Weigh In On Target

A number of large investors have recently made changes to their positions in the business. Triad Wealth Partners LLC acquired a new position in Target in the 2nd quarter valued at approximately $25,000. Ables Iannone Moore & Associates Inc. purchased a new position in shares of Target during the 4th quarter valued at $28,000. Slocum Gordon & Co LLP acquired a new position in shares of Target in the second quarter worth $28,000. Rakuten Securities Inc. acquired a new stake in Target during the fourth quarter valued at $29,000. Finally, Private Wealth Management Group LLC purchased a new position in Target in the fourth quarter valued at about $29,000. Institutional investors and hedge funds own 79.73% of the company’s stock.

Target Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 10th. Shareholders of record on Wednesday, August 21st will be given a dividend of $1.12 per share. The ex-dividend date of this dividend is Wednesday, August 21st. This is a positive change from Target’s previous quarterly dividend of $1.10. This represents a $4.48 dividend on an annualized basis and a yield of 3.34%. Target’s dividend payout ratio (DPR) is presently 50.28%.

Target Company Profile

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.