Roth Capital Has Bearish Outlook for Target FY2025 Earnings

Target Co. (NYSE:TGT) – Investment analysts at Roth Capital dropped their FY2025 earnings per share estimates for shares of Target in a research report issued to clients and investors on Thursday, November 21st. Roth Capital analyst W. Kirk now anticipates that the retailer will post earnings per share of $8.87 for the year, down from their previous forecast 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.

Target (NYSE:TGT) last announced its quarterly 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). The firm had revenue of $25.23 billion during the quarter, compared to analyst estimates of $25.87 billion. Target had a net margin of 4.06% and a return on equity of 31.11%. The business’s revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.10 earnings per share.

Several other analysts also recently commented on TGT. Wells Fargo & Company dropped their price objective on Target from $180.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 20th. Piper Sandler cut their price target on Target from $156.00 to $130.00 and set a “neutral” rating on the stock in a report on Thursday, November 21st. Jefferies Financial Group lifted their price objective on shares of Target from $190.00 to $195.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. BMO Capital Markets decreased their price objective on Target from $160.00 to $120.00 and set a “market perform” rating for the company in a report on Thursday, November 21st. Finally, Truist Financial upped their price objective on Target from $156.00 to $162.00 and gave the stock a “hold” rating in a research note on Thursday, August 22nd. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $160.30.

Target Trading Down 3.0 %

TGT opened at $126.55 on Monday. The firm’s fifty day moving average is $150.31 and its two-hundred day moving average is $149.05. The firm has a market cap of $58.30 billion, a PE ratio of 13.42, a price-to-earnings-growth ratio of 2.05 and a beta of 1.24. Target has a twelve month low of $120.21 and a twelve month high of $181.86. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.25 and a current ratio of 0.94.

Target Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Wednesday, November 20th will be given a $1.12 dividend. This represents a $4.48 annualized dividend and a dividend yield of 3.54%. The ex-dividend date is Wednesday, November 20th. Target’s payout ratio is presently 47.51%.

Insider Buying and Selling

In related news, insider Richard H. Gomez sold 6,348 shares of the company’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $157.17, for a total transaction of $997,715.16. Following the completion of the sale, the insider now directly owns 123,551 shares in the company, valued at $19,418,510.67. This represents a 4.89 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Matthew A. Liegel sold 1,000 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $153.13, for a total value of $153,130.00. Following the completion of the sale, the chief accounting officer now directly owns 7,276 shares in the company, valued at $1,114,173.88. This trade represents a 12.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.15% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Target

A number of institutional investors have recently added to or reduced their stakes in TGT. Cynosure Group LLC boosted its stake in shares of Target by 4.3% during the third quarter. Cynosure Group LLC now owns 1,590 shares of the retailer’s stock valued at $248,000 after purchasing an additional 65 shares in the last quarter. Financial Advocates Investment Management increased its position in Target by 1.2% in the 3rd quarter. Financial Advocates Investment Management now owns 5,736 shares of the retailer’s stock valued at $894,000 after acquiring an additional 67 shares during the period. Hancock Whitney Corp raised its stake in shares of Target by 3.3% during the third quarter. Hancock Whitney Corp now owns 2,156 shares of the retailer’s stock valued at $336,000 after acquiring an additional 68 shares during the last quarter. Beacon Capital Management LLC lifted its holdings in shares of Target by 20.8% during the second quarter. Beacon Capital Management LLC now owns 400 shares of the retailer’s stock worth $59,000 after purchasing an additional 69 shares during the period. Finally, Integral Investment Advisors Inc. grew its stake in shares of Target by 5.3% in the second quarter. Integral Investment Advisors Inc. now owns 1,382 shares of the retailer’s stock worth $203,000 after purchasing an additional 69 shares during the last quarter. 79.73% of the stock is currently owned by institutional investors and hedge funds.

About Target

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.