Added to YB: 2024-08-02
Pitch date: 2024-07-31
TGT [neutral]
Target Corporation
-18.1%
current return
Author Info
Kroker Equity Research is a value investor that uses Discounted Cash Flow (DCF) Model or the Excess Returns Model to value stocks. Sign up for their newsletter.
Company Info
Target Corporation operates as a general merchandise retailer in the United States. The company offers apparel for women, men, young adults, kids, toddlers, and babies, as well as jewelry, accessories, and shoes; and beauty products, such as skin and bath care, cosmetics, hair care, oral care, deodorant, and shaving products.
Market Cap
$52.4B
Pitch Price
$141.23
Price Target
150.00 (+30%)
Dividend
3.94%
EV/EBITDA
7.88
P/E
14.01
EV/Sales
0.66
Sector
Consumer Staples Distribution and Retail
Category
value
Target Corporation - $TGT
TGT: Target recovering from COVID highs; Q1'25 sees 0-2% comp sales growth, EPS $8.60-$9.60. Investing in stores, loyalty program, Roundel ad biz. 3% rev CAGR, 6% EBIT margin expected. DCF fair value $132/share vs $150 current. P/E 15.47x, EV/EBIT 14.13x. Slight overvaluation; better opportunities elsewhere.
Read full article (7 min)