Target Corporation (TGT) stock is down 1.89% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.
Target Corporation has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on TGT!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With TGT Stock Today?
Target Corporation (TGT) stock has fallen -1.36% while the S&P 500 is higher by 0% as of 12:07 PM on Friday, Sep 30. TGT is down -$2.07 from the previous closing price of $151.79 on volume of 1,521,560 shares. Over the past year the S&P 500 is down -16.49% while TGT is down -36.52%. TGT earned $8.81 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 16.98.
To screen for more stocks like Target Corporation click here.
More About Target Corporation
With 1,926 stores (as of the end of fiscal 2021), Target is a leading American general merchandise retailer, offering a variety of products across several categories, including beauty and household essentials (26% of fiscal 2021 sales), food and beverage (19%), home furnishings and décor (19%), hardlines (18%), and apparel and accessories (17%). Most of Target's stores are large, averaging more than 125,000 square feet. The company has a significant e-commerce presence, deriving around 19% of sales from the channel (up from about 9% in fiscal 2019, before the pandemic). In addition to its namesake stores, Target owns Shipt, an online same-day delivery platform. After it exited Canada in 2015, virtually all of Target's revenue is generated from the United States.
Click Here to get the full Stock Report for Target Corporation stock.