Target Corporation operates as a general merchandise retailer in the United States. The company offers food assortments, including perishables, dry grocery, dairy, and frozen items; apparel, accessories, home décor products, electronics, toys, seasonal offerings, food, and other merchandise; and beauty and household essentials. It also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings. The company sells its products through its stores; and digital channels, including Target.com. As of March 09, 2022, the company operated approximately 2,000 stores. Target Corporation was incorporated in 1902 and is headquartered in Minneapolis, Minnesota.
Target Corporation (TGT) is currently priced at $128.96, showing a decrease of 76 cents (-0.586%) compared to the previous close at $129.72. The trading volume stands at $596,030, representing a 9.9% change relative to the average.
In the latest quarterly earnings report on Monday, March 2nd, TGT reported earnings per share of $2.44, surpassing the consensus estimate of $2.16.
With a forward dividend yield of 3.54%, TGT offers a dividend per share of $1.14 on a trailing twelve-month basis, totaling $4.54.
TGT generated a free cash flow of $2.29 billion, with an operating cash flow of $3 billion. Notably, the company repurchased common stock worth -$250 million and ended the period with $5.49 billion in cash.
The company reported a revenue of $30.45 billion, resulting in a net income of $1 billion. The earnings per share (EPS) and diluted EPS stand at $2.31 and $2.30, respectively.
Key ratios for TGT include a net profit margin of 4.33%, a return on equity of 8.55%, and a price-earnings ratio of 8.81.
TGT holds total assets of $59.49 billion, with total liabilities at $43.33 billion. The company's net debt is reported at $104 million.
This comprehensive financial analysis sheds light on Target Corporation's current standing and performance in the market.