Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Targa Resources Corp (NYSE: TRGP) closed the day trading at $158.25 down -2.24% from the previous closing price of $161.87. In other words, the price has decreased by -$2.24 from its previous closing price. On the day, 3.28 million shares were traded.
Ratios:
For a better understanding of TRGP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 152.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 6.61 whereas as Long-Term Debt/Eq ratio is at 6.34.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 24 ’25 when Boushka Julie H. bought 5,000 shares for $204.94 per share.
Cooksen Lindsey sold 1,050 shares of TRGP for $208,042 on Feb 28 ’25. The Director now owns 11,075 shares after completing the transaction at $198.14 per share. On Feb 28 ’25, another insider, Chung Paul W, who serves as the Director of the company, sold 6,222 shares for $202.91 each. As a result, the insider received 1,262,532 and left with 35,920 shares of the company.
Valuation Measures:
As of this moment, Targa’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.08, and their Forward P/E ratio for the next fiscal year is 16.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 14.04.
Stock Price History:
Over the past 52 weeks, TRGP has reached a high of $218.51, while it has fallen to a 52-week low of $110.09. The 50-Day Moving Average of the stock is -13.73%, while the 200-Day Moving Average is calculated to be -9.37%.
Shares Statistics:
A total of 217.46M shares are outstanding, with a floating share count of 213.86M. Insiders hold about 1.71% of the company’s shares, while institutions hold 92.50% stake in the company.
