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TGT
Stock ticker:
NYSE
AS OF
Jul 1 closing price
Price
$142.34
Change
+$1.04 (+0.74%)
Capitalization
66.02B

TGT Price Prediction, Target Corp AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Jul 01, 2022

TGT's Indicator enters downward trend

The Aroon Indicator for TGT entered a downward trend on July 01, 2022. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 135 similar instances where the Aroon Indicator formed such a pattern. In 83 of the 135 cases the stock moved lower. This puts the odds of a downward move at 61%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 09, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on TGT as a result. In of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TGT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where TGT's RSI Indicator exited the oversold zone, of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

The Moving Average Convergence Divergence (MACD) for TGT just turned positive on June 06, 2022. Looking at past instances where TGT's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TGT advanced for three days, in of 343 cases, the price rose further within the following month. The odds of a continued upward trend are .

TGT may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.127) is normal, around the industry mean (66.561). TGT has a moderately low P/E Ratio (11.779) as compared to the industry average of (24.635). Projected Growth (PEG Ratio) (2.179) is also within normal values, averaging (2.243). Dividend Yield (0.025) settles around the average of (0.023) among similar stocks. P/S Ratio (0.644) is also within normal values, averaging (1.112).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 59, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. TGT’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

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published price charts
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published Earnings

TGT is expected to report earnings to fall 53.88% to $1.01 per share on August 17

Target Corp TGT Stock Earnings Reports
Q3'22
Est.
$1.01
Q2'22
Missed
by $0.88
Q1'22
Beat
by $0.34
Q4'21
Beat
by $0.21
Q3'21
Beat
by $0.13
The last earnings report on May 18 showed earnings per share of $2.19, missing the estimate of $3.07. With 3.01M shares outstanding, the current market capitalization sits at 66.02B.
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A.I.Advisor
published Dividends

TGT paid dividends on June 10, 2022

Target Corp TGT Stock Dividends
А dividend of $0.90 per share was paid with a record date of June 10, 2022, and an ex-dividend date of May 17, 2022. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Walmart (NYSE:WMT), Costco Wholesale Corp (NASDAQ:COST), Target Corp (NYSE:TGT), Dollar General Corp (NYSE:DG), Dollar Tree (NASDAQ:DLTR), Big Lots (NYSE:BIG).

Industry description

Companies in the discount stores industry specialize in offering substantial discounts on a vast array of retail products. Some companies in this industry also operate general merchandise warehouse clubs. Products sold at discount stores are typically similar to those of any department store, but the pricing of the goods is generally much lower (and hence the name “discount”). Think Dollar General Corporation, Dollar Tree, Inc. and Five Below, Inc. Many discount stores target low-income households and/or price-sensitive consumers as their potential market. Discount stores’ profitability could hinge on factors like competitive pricing, sufficient locations, healthy revenue per square foot, and effective advertisement. These store operators could have an edge over other retailers during financial crises or recessions, when many consumers could be looking for less expensive alternatives.

Market Cap

The average market capitalization across the Discount Stores Industry is 49.16B. The market cap for tickers in the group ranges from 2.19M to 336.15B. WMT holds the highest valuation in this group at 336.15B. The lowest valued company is FRED at 2.19M.

High and low price notable news

The average weekly price growth across all stocks in the Discount Stores Industry was -1%. For the same Industry, the average monthly price growth was -1%, and the average quarterly price growth was -15%. DQJCY experienced the highest price growth at 5%, while BIG experienced the biggest fall at -12%.

Volume

The average weekly volume growth across all stocks in the Discount Stores Industry was -63%. For the same stocks of the Industry, the average monthly volume growth was -28% and the average quarterly volume growth was 27%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 47
P/E Growth Rating: 35
Price Growth Rating: 58
SMR Rating: 20
Profit Risk Rating: 58
Seasonality Score: 21 (-100 ... +100)
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published General Information

General Information

a department and discount store

Industry DiscountStores

Profile
Fundamentals
Details
Industry
Specialty Stores
Address
1000 Nicollet Mall
Phone
+1 612 304-6073
Employees
450000
Web
https://investors.target.com

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TGT and

Correlation & Price change

A.I.dvisor indicates that over the last year, TGT has been closely correlated with COST. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if TGT jumps, then COST could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TGT
1D Price
Change %
TGT100%
+0.81%
COST - TGT
67%
Closely correlated
+1.35%
DG - TGT
63%
Loosely correlated
+0.60%
DLTR - TGT
48%
Loosely correlated
+0.27%
BJ - TGT
48%
Loosely correlated
+2.10%
WMT - TGT
47%
Loosely correlated
+0.86%
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