Roth Capital Has Bearish Outlook for Target FY2025 Earnings

Target Co. (NYSE:TGT) – Analysts at Roth Capital cut their FY2025 earnings per share estimates for Target in a note issued to investors on Thursday, November 21st. Roth Capital analyst W. Kirk now anticipates that the retailer will post earnings of $8.87 per share for the year, down from their previous estimate 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.

TGT has been the subject of a number of other research reports. Telsey Advisory Group reaffirmed an “outperform” rating and set a $195.00 price target on shares of Target in a report on Wednesday, November 20th. Daiwa America raised Target to a “strong-buy” rating in a report on Monday, August 26th. UBS Group boosted their price target on Target from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, August 22nd. Piper Sandler decreased their target price on Target from $156.00 to $130.00 and set a “neutral” rating on the stock in a research report on Thursday, November 21st. Finally, HSBC lowered shares of Target from a “buy” rating to a “hold” rating and set a $138.00 price target on the stock. in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Target currently has a consensus rating of “Moderate Buy” and an average target price of $161.63.

Target Trading Up 4.4 %

TGT opened at $130.50 on Monday. The stock has a market capitalization of $60.12 billion, a price-to-earnings ratio of 13.84, a P/E/G ratio of 2.05 and a beta of 1.24. The company has a quick ratio of 0.25, a current ratio of 0.94 and a debt-to-equity ratio of 0.99. Target has a twelve month low of $120.21 and a twelve month high of $181.86. The company has a 50-day simple moving average of $150.82 and a 200 day simple moving average of $149.31.

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

Institutional Trading of Target

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TGT. Synovus Financial Corp lifted 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 in the last quarter. Tidal Investments LLC lifted its stake in Target by 9.4% during the 3rd quarter. Tidal Investments LLC now owns 38,774 shares of the retailer’s stock valued at $6,043,000 after acquiring an additional 3,325 shares in the last quarter. Cim Investment Management Inc. boosted its holdings in Target by 63.2% during the 3rd quarter. Cim Investment Management Inc. now owns 14,930 shares of the retailer’s stock worth $2,327,000 after acquiring an additional 5,779 shares during the last quarter. Wilmington Savings Fund Society FSB grew its stake in shares of Target by 331.7% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 14,387 shares of the retailer’s stock worth $2,242,000 after acquiring an additional 11,054 shares in the last quarter. Finally, Arvest Bank Trust Division purchased a new position in Target during the third quarter worth about $1,684,000. 79.73% of the stock is owned by institutional investors.

Insider Activity

In other Target news, CAO Matthew A. Liegel sold 1,000 shares of the business’s stock in a transaction on Friday, August 30th. The shares were sold at an average price of $153.13, for a total transaction of $153,130.00. Following the completion of the sale, the chief accounting officer now owns 7,276 shares in the company, valued at approximately $1,114,173.88. The trade was a 12.08 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 transaction of $997,715.16. Following the completion of the transaction, the insider now directly owns 123,551 shares in the company, valued at $19,418,510.67. This trade represents a 4.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.15% of the company’s stock.

Target Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Wednesday, November 20th will be paid a $1.12 dividend. This represents a $4.48 annualized dividend and a yield of 3.43%. The ex-dividend date is Wednesday, November 20th. Target’s dividend payout ratio (DPR) is currently 47.51%.

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.