Target Return On Equity vs. Market Capitalization

TGT Stock  USD 174.67  2.03  1.18%   
Based on Target's profitability indicators, Target's profitability may be sliding down. It has an above-average risk of reporting lower numbers next quarter. Profitability indicators assess Target's ability to earn profits and add value for shareholders.

Target Return On Equity

(0.12)

At this time, Target's Price To Sales Ratio is comparatively stable compared to the past year. Days Of Sales Outstanding is likely to gain to 5.64 in 2024, whereas Operating Cash Flow Sales Ratio is likely to drop 0.06 in 2024. At this time, Target's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Change To Netincome is likely to gain to about 1.2 B in 2024, whereas Accumulated Other Comprehensive Income is likely to drop (483 M) in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.290.2538
Fairly Up
Slightly volatile
Operating Profit Margin0.06250.0541
Fairly Up
Slightly volatile
Pretax Profit Margin0.05030.0493
Fairly Up
Slightly volatile
For Target profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Target to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Target utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Target's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Target over time as well as its relative position and ranking within its peers.
  
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For more information on how to buy Target Stock please use our How to Invest in Target guide.
Is Target's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Target. If investors know Target will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Target listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.574
Dividend Share
4.36
Earnings Share
8.94
Revenue Per Share
232.745
Quarterly Revenue Growth
0.017
The market value of Target is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target's value that differs from its market value or its book value, called intrinsic value, which is Target's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Target's market value can be influenced by many factors that don't directly affect Target's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Target's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Target Market Capitalization vs. Return On Equity Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Target's current stock value. Our valuation model uses many indicators to compare Target value to that of its competitors to determine the firm's financial worth.
Target is currently regarded as top stock in return on equity category among related companies. It is currently regarded as top stock in market capitalization category among related companies creating about  240,296,160,572  of Market Capitalization per Return On Equity. At this time, Target's Return On Equity is comparatively stable compared to the past year.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Target by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Target's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Target's earnings, one of the primary drivers of an investment's value.

Target Market Capitalization vs. Return On Equity

Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Target

Return On Equity

 = 

Net Income

Total Equity

 = 
0.34
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Target

Market Cap

 = 

Shares Outstanding

X

Share Price

 = 
80.64 B
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.

Target Market Capitalization vs Competition

Target is currently regarded as top stock in market capitalization category among related companies. Market capitalization of Consumer Staples industry is at this time estimated at about 140.31 Billion. Target totals roughly 80.64 Billion in market capitalization claiming about 57% of stocks in Consumer Staples industry.
Capitalization  Revenue  Valuation  Total debt  Workforce

Target Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Target, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Target will eventually generate negative long term returns. The profitability progress is the general direction of Target's change in net profit over the period of time. It can combine multiple indicators of Target, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for 2024
Accumulated Other Comprehensive Income-460 M-483 M
Operating Income5.8 B3.6 B
Income Before Tax5.3 B3.1 B
Total Other Income Expense Net-512 M-537.6 M
Net Income4.1 B2.3 B
Income Tax Expense1.2 B972.1 M
Net Income From Continuing Ops4.1 B3.8 B
Net Income Applicable To Common Shares3.2 B3.4 B
Non Operating Income Net Other43.2 M41 M
Interest Income430.2 M387.5 M
Net Interest Income-502 M-527.1 M
Change To Netincome1.1 B1.2 B
Net Loss 0.78 (0.45)

Target Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Target. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Target position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Target's important profitability drivers and their relationship over time.

Use Target in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Target position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Target will appreciate offsetting losses from the drop in the long position's value.

Target Pair Trading

Target Pair Trading Analysis

The ability to find closely correlated positions to Target could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Target when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Target - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Target to buy it.
The correlation of Target is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Target moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Target moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Target can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Target position

In addition to having Target in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Broad Equity ETFs Thematic Idea Now

Broad Equity ETFs
Broad Equity ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Equity ETFs theme has 467 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Broad Equity ETFs Theme or any other thematic opportunities.
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When determining whether Target is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Target Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Target Stock. Highlighted below are key reports to facilitate an investment decision about Target Stock:
Check out World Market Map.
For more information on how to buy Target Stock please use our How to Invest in Target guide.
Note that the Target information on this page should be used as a complementary analysis to other Target's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Target Stock analysis

When running Target's price analysis, check to measure Target's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.
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To fully project Target's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Target at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Target's income statement, its balance sheet, and the statement of cash flows.
Potential Target investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Target investors may work on each financial statement separately, they are all related. The changes in Target's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Target's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.