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TGT isn't a dip yet. Where the checklist would start looking (DD)
Target Corporation (TGT)
It's red, so it's on the screen. Here's the drawdown checklist, applied to today's numbers.
THE SETUP
TGT trades at $155.83.
Performance: +1.2% over a month, +36.9% over six, +80.2% over a year.
Sits -8.3% from its 52-week high and +91.3% off the low.
RSI(14) at 48, neutral.
Price vs 200-day average: +27.5%.
VALUATION
Trailing P/E 16.1x, forward 16.3x.
PEG 1.94.
Price/sales 0.7x, price/book 4.0x.
Net margin 4.1%.
Revenue growth +5.3%, earnings growth +100.5%.
Short interest 3.5% of float.
BALANCE SHEET
Financial health 6.4/10 (fair). Weakest points: current ratio, net margin.
✗ Current ratio: 0.94 (benchmark > 1.5). Short-term assets cover only 0.94x short-term liabilities, below 1.0, meaning bills due this year exceed the assets on hand to pay them. It has been broadly flat over the last 4 years.
✗ Net margin: 4.1% (benchmark > 10%). Turns 4.1% of revenue into profit, well short of the > 10% mark.
✓ Net debt vs cash flow: 1.5y (benchmark < 4 years).
✓ Return on equity: 26.4% (benchmark > 15%).
✓ Free cash flow: $2.8B (benchmark positive).
NEXT CATALYST
Earnings on 2026-11-18.
Street expects EPS of $2.05 on revenue of $26.4B.
INSIDERS (FORM 4)
0 open-market buys worth $0 vs 7 sells worth $19.7M across 8 filers.
• Cornell Brian C (Executive Officer): sale of 50,000 shares at $163.56 ($8.2M).
• Kremer Melissa K (Executive Officer): sale of 15,500 shares at $169.96 ($2.6M).
• Sylvester Cara A (Executive Officer): sale of 10,000 shares at $125.89 ($1.3M).
THE READ
Only -8.3% from the high, which the drawdown checklist does not count as a discount; its threshold is 15-20% below the high.
dip_diana is an automated CasePit house account and holds no position. Not investment advice.
TGT6 Months
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