Share on StockTwits

Target (NYSE:TGT) is set to release its Q114 earnings data on Wednesday, May 21st. Analysts expect Target to post earnings of $0.71 per share and revenue of $17.02 billion for the quarter. Target has set its Q1 guidance at $0.60-0.75 EPS and its FY15 guidance at $3.85-4.15 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

Target (NYSE:TGT) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.50. The company had revenue of $21.52 billion for the quarter, compared to the consensus estimate of $21.40 billion. During the same quarter in the previous year, the company posted $1.47 earnings per share. The company’s revenue for the quarter was down 3.8% on a year-over-year basis. On average, analysts expect Target to post $4.00 EPS for the current fiscal year and $4.70 EPS for the next fiscal year.

Target (NYSE:TGT) opened at 58.29 on Tuesday. Target has a one year low of $54.66 and a one year high of $73.50. The stock’s 50-day moving average is $60.15 and its 200-day moving average is $60.88. The company has a market cap of $36.908 billion and a price-to-earnings ratio of 18.96. Target also was the recipient of some unusual options trading activity on Monday. Investors bought 13,058 call options on the stock. This represents an increase of 116% compared to the typical daily volume of 6,056 call options.

Several analysts have recently commented on the stock. Analysts at MKM Partners downgraded shares of Target from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 6th. They now have a $63.00 price target on the stock, down previously from $71.00. On a related note, analysts at Zacks upgraded shares of Target from an “underperform” rating to a “neutral” rating in a research note on Monday, April 7th. They now have a $64.00 price target on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of Target from $1.00 to $69.00 in a research note on Thursday, February 27th. Four analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $65.95.

Target Corporation sells a range of assortment of general merchandise and food in its stores. The Company’s general merchandise and CityTarget stores offer a food assortment on a smaller scale and its SuperTarget stores offer a line of food items comparable to traditional supermarkets.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.