Target(US:TGT) ZACKSยท2025-07-17 22:46Company Performance - Target's stock closed at $103.65, reflecting a gain of +2.28% from the previous session, outperforming the S&P 500's gain of 0.54% [1] - Prior to the recent trading day, Target shares had increased by 6.54%, surpassing the Retail-Wholesale sector's gain of 2.05% and the S&P 500's gain of 4.2% [1] Earnings Forecast - Target is projected to report earnings of $2.08 per share, indicating a year-over-year decline of 19.07% [2] - The consensus estimate for revenue is $24.88 billion, representing a 2.26% decrease compared to the same quarter of the previous year [2] - For the full year, earnings are estimated at $7.55 per share and revenue at $104.65 billion, reflecting changes of -14.79% and -1.79% from the prior year, respectively [3] Analyst Estimates and Valuation - Recent adjustments to analyst estimates for Target are crucial as they reflect short-term business trends [4] - The Zacks Rank system, which assesses estimate changes, currently ranks Target at 4 (Sell), with a historical average annual gain of +25% for 1 ranked stocks since 1988 [6] - Target's Forward P/E ratio is 13.42, which is lower than the industry average of 21.41, suggesting that Target is trading at a discount [7] Industry Context - Target has a PEG ratio of 2.9, compared to the Retail - Discount Stores industry's average PEG ratio of 2.76 [8] - The Retail - Discount Stores industry is ranked 166 in the Zacks Industry Rank, placing it in the bottom 33% of over 250 industries [9]