Alert: New Earnings Report (11/20/24)-Target Corp (NYSE: TGT).

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For its third fiscal quarter (ending October 31), Target Corp (NYSE: TGT) has reported a -11% decline in E.P.S. from $2.10 a year ago to $1.86 in the current quarter. For the latest four quarters through October 31, E.P.S. were $9.46 versus $7.87 for the same period a year ago — an increase of 20%.

Recent Price Action

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Target Corp (NYSE: TGT) stock suffered a major decline of -22.0% on 11/20/24. The shares closed at $121.72. Moreover, trading volume in this decline was exceptionally high at 1306% of normal. The stock has been weak relative to the market over the last nine months and has declined -21.8% during the last week.

Current PriceTarget Research Rating

Target has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Target has a neutral Appreciation Score of 51 and a slightly negative Power Rating of 33, producing the Negative Value Trend Rating.

Rating Review

In light of this new information and highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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