Financhill
Buy
70

TRGP Quote, Financials, Valuation and Earnings

Last price:
$198.24
Seasonality move :
13.98%
Day range:
$198.01 - $202.22
52-week range:
$110.09 - $218.51
Dividend yield:
1.51%
P/E ratio:
34.55x
P/S ratio:
2.69x
P/B ratio:
16.74x
Volume:
1.3M
Avg. volume:
1.8M
1-year change:
79.21%
Market cap:
$43.4B
Revenue:
$16.4B
EPS (TTM):
$5.76

Analysts' Opinion

  • Consensus Rating
    Targa 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 Upside
    According to analysts' consensus price target of $217.85, Targa Resources has an estimated upside of 9.47% from its current price of $199.01.
  • Price Target Downside
    According to analysts, the lowest downside price target is $157.00 representing 100% downside risk from its current price of $199.01.

Fair Value

  • According to the consensus of 16 analysts, Targa Resources has 9.47% upside to fair value with a price target of $217.85 per share.

TRGP vs. S&P 500

  • Over the past 5 trading days, Targa Resources has underperformed the S&P 500 by -0.71% 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:
59B
EV / Invested capital:
3.22x
Price / LTM sales:
2.69x
EV / EBIT:
21.83x
EV / Revenue:
3.60x
PEG ratio (5yr expected):
0.61x
EV / Free cash flow:
86.20x
Price / Operating cash flow:
64.37x
Enterprise value / EBITDA:
14.30x
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
$43.4B
$63.2M
Price % of 52-Week High
91.08%
60.85%
Dividend Yield
1.51%
0%
Shareholder Yield
2.85%
4.69%
1-Year Price Total Return
79.21%
-21.55%
Beta (5-Year)
2.320
1.027
Dividend yield:
1.51%
Annualized payout:
$2.75
Payout ratio:
46.91%
Growth streak:
3 years

Technicals

8-day SMA
Sell
Level $200.22
200-day SMA
Buy
Level $167.75
Bollinger Bands (100)
Buy
Level 181.91 - 205.61
Chaikin Money Flow
Buy
Level 300M
20-day SMA
Buy
Level $193.67
Relative Strength Index (RSI14)
Buy
Level 52.77
ADX Line
Buy
Level 16.8
Williams %R
Neutral
Level -28.186
50-day SMA
Sell
Level $200.12
MACD (12, 26)
Buy
Level 1.20
25-day Aroon Oscillator
Buy
Level 44
On Balance Volume
Neutral
Level 428.4M

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 (4)
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 $217.85.

  • Where Will Targa Resources Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Targa Resources share price will rise to $217.85 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 $157.00.

  • What Is Targa Resources's Price Target?

    The price target for Targa Resources over the next 1-year time period is forecast to be $217.85 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 $198.24 per share. This represents the most recent stock quote for Targa Resources. Yesterday, Targa Resources closed at $199.01 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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