Is Most-Watched Stock Target Corporation (TGT) Worth Betting on Now?

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• The Zacks Consensus Estimate for Target's current quarter has changed -0.4% over the last 30 days

  60% confidence

• The next fiscal year consensus EPS estimate for Target has changed +3.8% over the past month

  60% confidence

• The current fiscal year consensus EPS estimate for Target has changed +4.1% over the last 30 days

  60% confidence

• The consensus earnings estimate of $8.80 for Target's next fiscal year indicates a change of +6.3% from what Target is expected to report a year ago

  60% confidence

• Target is expected to post earnings of $2.21 per share for the current quarter, indicating a change of +7.8% from the year-ago quarter

  60% confidence

• Target shares returned -2.8% over the past month versus the Zacks S&P 500 composite's +4.8% change, while the Zacks Retail - Discount Stores industry gained 0.6%

  60% confidence

• The consensus earnings estimate of $8.28 for Target's current fiscal year points to a change of +9.4% from the prior year

  60% confidence

• Empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements

  60% confidence

• Target receives a Zacks Rank #3 (Hold), driven by the size of recent consensus estimate change and three other earnings-estimate-related factors

  60% confidence

Data points we hold from this source