Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Targa Resources Corp (NYSE: TRGP) closed the day trading at $112.83 up 0.03% from the previous closing price of $112.80. In other words, the price has increased by $0.03 from its previous closing price. On the day, 1.05 million shares were traded. TRGP stock price reached its highest trading level at $113.52 during the session, while it also had its lowest trading level at $112.535.
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 137.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 73.86. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 4.86 whereas as Long-Term Debt/Eq ratio is at 4.65.
On March 02, 2023, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $115.
On December 09, 2022, Citigroup started tracking the stock assigning a Buy rating and target price of $95.Citigroup initiated its Buy rating on December 09, 2022, with a $95 target price.
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 05 ’24 when Boushka Julie H. sold 10,000 shares for $100.96 per share. The transaction valued at 1,009,600 led to the insider holds 59,919 shares of the business.
Pryor D. Scott sold 10,000 shares of TRGP for $970,007 on Feb 26 ’24. The insider now owns 156,098 shares after completing the transaction at $97.00 per share. On Feb 23 ’24, another insider, Muraro Robert, who serves as the Chief Commercial Officer of the company, sold 10,000 shares for $97.31 each. As a result, the insider received 973,080 and left with 219,451 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRGP now has a Market Capitalization of 25016328192 and an Enterprise Value of 39912673280. As of this moment, Targa’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.16, and their Forward P/E ratio for the next fiscal year is 16.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 9.27. Its current Enterprise Value per Revenue stands at 2.479 whereas that against EBITDA is 10.559.
Stock Price History:
Over the past 52 weeks, TRGP has reached a high of $117.87, while it has fallen to a 52-week low of $67.36. The 50-Day Moving Average of the stock is 2.53%, while the 200-Day Moving Average is calculated to be 23.00%.
Shares Statistics:
Over the past 3-months, TRGP traded about 1.82M shares per day on average, while over the past 10 days, TRGP traded about 1642670 shares per day. A total of 222.61M shares are outstanding, with a floating share count of 217.31M. Insiders hold about 1.99% of the company’s shares, while institutions hold 93.19% stake in the company. Shares short for TRGP as of 1713139200 were 3986856 with a Short Ratio of 2.19, compared to 1710460800 on 4320294. Therefore, it implies a Short% of Shares Outstanding of 3986856 and a Short% of Float of 2.07.
Dividends & Splits
TRGP’s forward annual dividend rate is 2.25, up from 2.25 a year ago. Against a Trailing Annual Dividend Yield of 0.019946808The stock’s 5-year Average Dividend Yield is 5.31.
