Target provides its customers everyday essentials and merchandise. Co. sells an assortment of general merchandise and food. The majority of Co.'s general merchandise stores provide an edited food assortment, including perishables, dry grocery, dairy, and frozen items. Co.'s small format stores provide curated general merchandise and food assortments. Co.'s digital channels include merchandise assortment, including various items found in its stores, along with a complementary assortment. Co. also sells merchandise through periodic design and partnerships. Co.'s owned brands merchandise include: A New Day™, Archer Farms®, Art Class™, Ava & Viv®, Cat & Jack™, and Cloud Island™, among others. We show 45 historical shares outstanding datapoints in our TGT shares outstanding history coverage, used to compute TGT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Target market cap history over the course of time is important for investors
interested in comparing Target's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of Target versus a peer is one thing; comparing
Target market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like Target can fluctuate over the course of history.
With this page we aim to empower investors researching Target by allowing them to research the Target market cap history. |
Video: The Importance of Market Cap
