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54
TRGP Quote, Financials, Valuation and Earnings
Last price:
$177.39
Seasonality move
:
3.45%
Day range:
$176.43 - $184.58
52-week range:
$103.18 - $218.51
Dividend yield:
1.65%
P/E ratio:
31.58x
P/S ratio:
2.46x
P/B ratio:
15.30x
Volume:
2.6M
Avg. volume:
1.7M
1-year change:
73.69%
Market cap:
$39.7B
Revenue:
$16.4B
EPS (TTM):
$5.76
Analysts' Opinion
-
Consensus RatingTarga Resources has received a consensus rating of Buy. The company's average rating is a Buy based on 14 Buy ratings, 2 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $213.79, Targa Resources has an estimated upside of 17.53% from its current price of $181.91.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $138.11 representing 24.08% downside risk from its current price of $181.91.
Fair Value
-
According to the consensus of 16 analysts, Targa Resources has 17.53% upside to fair value with a price target of $213.79 per share.
TRGP vs. S&P 500
-
Over the past 5 trading days, Targa Resources has underperformed the S&P 500 by -6.94% suggesting its relative strength compared to the major market average is weak at this time.
Share Buyback
-
Targa Resources does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
Targa Resources has grown year-over-year revenues for 1 quarter straight. In the most recent quarter Targa Resources reported revenues of $4.4B.
Earnings Growth
-
Targa Resources has grown year-over-year earnings for 2 quarters straight. In the most recent quarter Targa Resources reported earnings per share of $1.46.
Enterprise value:
55.2B
EV / Invested capital:
3.02x
Price / LTM sales:
2.46x
EV / EBIT:
20.45x
EV / Revenue:
3.37x
PEG ratio (5yr expected):
0.55x
EV / Free cash flow:
80.74x
Price / Operating cash flow:
58.84x
Enterprise value / EBITDA:
13.39x
Gross Profit (TTM):
$4.3B
Return On Assets:
6.11%
Net Income Margin (TTM):
8.01%
Return On Equity:
29.27%
Return On Invested Capital:
7.37%
Operating Margin:
15.9%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2023-12-31 | 2024-12-31 | |
| Income Statement | ||||||
| Revenue | $20.9B | $16.1B | $16.4B | $4.2B | $4.4B | |
| Gross Profit | $3B | $4.1B | $4.3B | $999.6M | $1.1B | |
| Operating Income | $1.7B | $2.6B | $2.7B | $635.3M | $700.5M | |
| EBITDA | $3.2B | $4B | $4.1B | $979.5M | $1.1B | |
| Diluted EPS | $3.89 | $3.67 | $5.76 | $1.23 | $1.46 | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $1.5B | $1.8B | $2.4B | $2.2B | $2.3B | |
| Total Assets | $15.9B | $15.2B | $19.6B | $20.7B | $22.7B | |
| Current Liabilities | $1.8B | $2.3B | $3.1B | $2.8B | $3.2B | |
| Total Liabilities | $10B | $10B | $14.6B | $16.1B | $18.3B | |
| Total Equity | $5.9B | $5.2B | $5B | $4.6B | $4.4B | |
| Total Debt | $7.7B | $6.6B | $11.3B | $12.7B | $13.9B | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2023-12-31 | 2024-12-31 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $2.4B | $3.2B | $3.6B | $957.7M | $1.3B | |
| Cash From Investing | -$4.1B | -$2.4B | -$3B | -$727M | -$746.3M | |
| Cash From Financing | $1.8B | -$888.1M | -$612.8M | -$228.5M | -$551.5M | |
| Free Cash Flow | $1B | $826.2M | $683.9M | $237.7M | $601M | |
TRGP
Sector
Market Cap
$39.7B
$59.2M
Price % of 52-Week High
83.25%
59.45%
Dividend Yield
1.65%
0%
Shareholder Yield
2.85%
4.64%
1-Year Price Total Return
73.69%
-24.3%
Beta (5-Year)
2.320
1.026
Dividend yield:
1.65%
Annualized payout:
$2.75
Payout ratio:
46.91%
Growth streak:
3 years
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Technicals
8-day SMA
Sell
Level
$191.53
200-day SMA
Buy
Level
$162.60
Bollinger Bands (100)
Sell
Level
174.61 - 204.87
Chaikin Money Flow
Buy
Level
298.6M
20-day SMA
Sell
Level
$198.59
Relative Strength Index (RSI14)
Sell
Level
34.62
ADX Line
Sell
Level
25.21
Williams %R
Buy
Level
-84.5372
50-day SMA
Sell
Level
$196.84
MACD (12, 26)
Sell
Level
-3.81
25-day Aroon Oscillator
Sell
Level
-48
On Balance Volume
Neutral
Level
428M
Financial Scores
Hold
Altman Z-Score
(Annual)
Level (2.4136)
Sell
CA Score
(Annual)
Level (-1.3386)
Buy
Beneish M-Score
(Annual)
Level (-2.9374)
Buy
Momentum Score
Level (10)
Sell
Ohlson Score
Level (0.9314)
Buy
Piotroski F Score
(Annual)
Level (5)
Buy
Quality Ratio Score
Level (3)
Buy
Fundamental Score
Level (6)
Revenue Forecast
Earnings per Share Forecast
Company Profile
Targa Resources is a midstream firm that primarily operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset.
Stock Forecast FAQ
In the current month, TRGP has received 14 Buy ratings 2 Hold ratings, and 0 Sell ratings. The TRGP average analyst price target in the past 3 months is $213.79.
-
Where Will Targa Resources Stock Be In 1 Year?
According to analysts, the consensus estimate is that Targa Resources share price will rise to $213.79 per share over the next 12 months.
-
What Do Analysts Say About Targa Resources?
Analysts are divided on their view about Targa Resources share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Targa Resources is a Sell and believe this share price will drop from its current level to $138.11.
-
What Is Targa Resources's Price Target?
The price target for Targa Resources over the next 1-year time period is forecast to be $213.79 according to 16 Wall Street analysts, 14 of them rate the stock a Buy, 0 rate the stock a Sell, and 2 analysts rate the stock a Hold.
-
Is TRGP A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for Targa Resources is a Buy. 14 of 16 analysts rate the stock a Buy at this time.
-
How Can I Buy Shares Of TRGP?
You can purchase shares of Targa Resources via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Targa Resources shares.
-
What Is The Targa Resources Share Price Today?
Targa Resources was last trading at $177.39 per share. This represents the most recent stock quote for Targa Resources. Yesterday, Targa Resources closed at $181.91 per share.
-
How To Buy Targa Resources Stock Online?
In order to purchase Targa Resources stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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