Target Corp. (TGT) Tops Estimates

Target Corp. (TGT) reported fourth quarter non-GAAP EPS of $1.50 before the opening bell Wednesday, compared to the consensus estimate of $1.46. Revenues increased 4.1% from last year to $21.75 billion. Analysts expected revenues of $21.62 billion. The stock is currently trading up $0.90 to $77.85.

For Q1’15 , the U.S. retailer provided EPS guidance of $0.95-$1.05 versus consensus of $1.05 per share. The company said it will provide full-year 2015 guidance on March 3, 2015, from approximately 2:30 p.m. to 5:00 p.m. EST.

On valuation measures, Target Corp. shares, which currently have an average 3-month trading volume of 4.78 million shares, trade at a trailing-12 P/E of 32.33, a forward P/E of 16.99 and a P/E to growth ratio of 2.16. The median Wall Street price target on the name is $76.00 with a high target of $85.00. Currently ticker boasts 7 ‘Buy’ endorsements, compared to 16 ’Holds’ and 2 ‘Sell’.

Profitability-wise, TGT has a t-12 profit and operating margin of 2.07% and 4.55%, respectively. The $49.01 billion market cap company reported $780.00 million in cash vs. $14.33 billion in debt in its most recent quarter.

TGT currently prints a one year return of 41.35%, and a year-to-date return of around 2%.

The chart below shows where the equity has traded over the last 52 weeks.

Target Corp. operates general merchandise stores in the U.S. The company was founded in 1902 and is headquartered in Minneapolis, Minnesota.

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