Target Cash Per Share vs. Revenue
| TGTB34 Stock | BRL 811.70 14.20 1.78% |
For Target profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Target to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Target utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Target's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Target over time as well as its relative position and ranking within its peers.
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Target Revenue vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Target's current stock value. Our valuation model uses many indicators to compare Target value to that of its competitors to determine the firm's financial worth. Target is rated below average in cash per share category among its peers. It is rated below average in revenue category among its peers totaling about 7,020,198,676 of Revenue per Cash Per Share. Comparative valuation analysis is a catch-all model that can be used if you cannot value Target by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Target's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Target Revenue vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 15.10 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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| = | 106 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Target Revenue vs Competition
Target is rated below average in revenue category among its peers. Market size based on revenue of Discount Stores industry is at this time estimated at about 1.83 Trillion. Target holds roughly 106 Billion in revenue claiming about 6% of equities under Discount Stores industry.
Target Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Target, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Target will eventually generate negative long term returns. The profitability progress is the general direction of Target's change in net profit over the period of time. It can combine multiple indicators of Target, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Target Corporation operates as a general merchandise retailer in the United States. Target Corporation was founded in 1902 and is headquartered in Minneapolis, Minnesota. TARGET CORP operates under Discount Stores classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 409000 people.
Target Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Target. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Target position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Target's important profitability drivers and their relationship over time.
Use Target in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Target position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Target will appreciate offsetting losses from the drop in the long position's value.Target Pair Trading
Target Pair Trading Analysis
The ability to find closely correlated positions to Target could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Target when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Target - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Target to buy it.
The correlation of Target is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Target moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Target moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Target can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Target position
In addition to having Target in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Commodities Funds Thematic Idea Now
Commodities Funds
Funds or Etfs investing in commodities such as oil, gold, corn, soy, and agricultural goods. The Commodities Funds theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Commodities Funds Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Target Stock
When determining whether Target is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Target Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Target Stock. Highlighted below are key reports to facilitate an investment decision about Target Stock:Check out World Market Map. For information on how to trade Target Stock refer to our How to Trade Target Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
To fully project Target's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Target at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Target's income statement, its balance sheet, and the statement of cash flows.