Should you buy shares of Target Corporation (TGT) on Thursday?

Target Corporation (TGT) achieves a strong valuation ranking of 78 from Investors Observer data analysis. The proprietary ranking system focuses on the underlying health of a business by analyzing its stock price, earnings, and rate of growth. TGT is worth better than 78% of the shares based on these valuation analyzes. Investors primarily focused on buy and hold strategies will find the valuation ranking relevant to their goals when making investment decisions.

TGT achieves an evaluation ranking of 78 today. Find out what this means to you and get the rest of the leaderboard on TGT!

Metrics analysis

TGT has a twelve-month price-to-earnings (PE) ratio of 20.2, which puts it above the historic average of around 15. TGT is currently trading at a low value due to investors paying. more than the value of the stock in relation to its profits. . TGT’s 12-month earnings per share (EPS) of 12.56 does not justify its market share price. The tracking PE ratios do not take into account the company’s projected growth rate. So some companies will have high PE ratios due to high growth recruiting more investors even though the underlying company has produced low profits so far. TGT’s 12-month PE / Growth Ratio (PEG) of 1.45 is considered mediocre because the market overstates TGT relative to the expected growth in company earnings. TGT’s PEG is derived from its forward price / earnings ratio divided by its growth rate. A PEG ratio of 1 represents a perfect correlation between earnings growth and the stock price. Due to their incorporation of more fundamentals of the overall health of a company and their focus on the future rather than the past, PEG ratios are one of the most widely used valuation metrics by analysts today. ‘hui.

Summary

TGT’s valuation measures are weak at its current price due to an overvalued PEG ratio despite strong growth. TGT’s PE and PEG are lower than the market average, resulting in a lower than average review score. Click here for the full Target Corporation (TGT) stock report.


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