Zacks Research Has Optimistic View of Target FY2025 Earnings

Target Co. (NYSE:TGT) – Equities research analysts at Zacks Research boosted their FY2025 earnings per share (EPS) estimates for Target in a research note issued to investors on Tuesday, January 21st. Zacks Research analyst S. Singh now anticipates that the retailer will earn $8.66 per share for the year, up from their previous forecast of $8.61. The consensus estimate for Target’s current full-year earnings is $8.68 per share. Zacks Research also issued estimates for Target’s Q4 2025 earnings at $2.21 EPS and Q1 2027 earnings at $2.22 EPS.

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). The firm had revenue of $25.23 billion for 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 for the quarter was up .9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.10 EPS.

Several other brokerages also recently commented on TGT. Sanford C. Bernstein initiated coverage on shares of Target in a research report on Tuesday, October 22nd. They set a “market perform” rating and a $168.00 price objective for the company. Bank of America reduced their price objective on shares of Target from $195.00 to $160.00 and set a “buy” rating for the company in a research report on Thursday, November 21st. BMO Capital Markets reduced their price objective on shares of Target from $160.00 to $120.00 and set a “market perform” rating for the company in a research report on Thursday, November 21st. JPMorgan Chase & Co. reduced their price objective on shares of Target from $167.00 to $139.00 and set a “neutral” rating for the company in a research report on Thursday, November 21st. Finally, HSBC downgraded shares of Target from a “buy” rating to a “hold” rating and set a $138.00 price objective for the company. in a research report on Wednesday, November 20th. One analyst has rated the stock with a sell rating, sixteen have given a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $158.57.

Target Stock Performance

NYSE:TGT opened at $137.99 on Friday. The company has a market capitalization of $63.23 billion, a PE ratio of 14.63, a P/E/G ratio of 2.21 and a beta of 1.16. Target has a fifty-two week low of $120.21 and a fifty-two week 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. The company has a 50 day simple moving average of $134.37 and a two-hundred day simple moving average of $144.82.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Tempus Wealth Planning LLC grew its holdings in Target by 1.7% during the 4th quarter. Tempus Wealth Planning LLC now owns 11,758 shares of the retailer’s stock valued at $1,589,000 after buying an additional 202 shares in the last quarter. RBA Wealth Management LLC purchased a new position in Target during the 4th quarter valued at about $438,000. E&G Advisors LP boosted its position in shares of Target by 11.8% during the 4th quarter. E&G Advisors LP now owns 2,451 shares of the retailer’s stock valued at $331,000 after acquiring an additional 259 shares during the last quarter. Lazari Capital Management Inc. boosted its position in shares of Target by 21.7% during the 4th quarter. Lazari Capital Management Inc. now owns 2,034 shares of the retailer’s stock valued at $275,000 after acquiring an additional 363 shares during the last quarter. Finally, JB Capital LLC boosted its position in shares of Target by 6.5% during the 4th quarter. JB Capital LLC now owns 22,151 shares of the retailer’s stock valued at $2,994,000 after acquiring an additional 1,349 shares during the last quarter. Hedge funds and other institutional investors own 79.73% of the company’s stock.

Target Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Wednesday, February 12th will be issued a dividend of $1.12 per share. This represents a $4.48 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date is Wednesday, February 12th. Target’s payout ratio is presently 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.