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After finishing at $197.40 in the prior trading day, Targa Resources Corp (NYSE: TRGP) closed at $204.96, up 3.83%. In other words, the price has increased by $3.83 from its previous closing price. On the day, 1.26 million shares were traded. TRGP stock price reached its highest trading level at $205.7 during the session, while it also had its lowest trading level at $200.0.
Ratios:
Our goal is to gain a better understanding of TRGP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 204.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 65.37. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.72. In the meantime, Its Debt-to-Equity ratio is 5.50 whereas as Long-Term Debt/Eq ratio is at 5.35.
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 Feb 28 ’25 when Cooksen Lindsey sold 1,050 shares for $198.14 per share. The transaction valued at 208,042 led to the insider holds 11,075 shares of the business.
Chung Paul W sold 6,222 shares of TRGP for $1,262,532 on Feb 28 ’25. The Director now owns 35,920 shares after completing the transaction at $202.91 per share. On Feb 28 ’25, another insider, PAUL W CHUNG, who serves as the Director of the company, bought 6,222 shares for $202.91 each.
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 44703215616 and an Enterprise Value of 60661862400. As of this moment, Targa’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.62, and their Forward P/E ratio for the next fiscal year is 21.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.69 while its Price-to-Book (P/B) ratio in mrq is 17.22. Its current Enterprise Value per Revenue stands at 3.703 whereas that against EBITDA is 14.692.
Stock Price History:
The Beta on a monthly basis for TRGP is 1.76, which has changed by 0.8523271 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. 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 2.79%, while the 200-Day Moving Average is calculated to be 22.43%.
Shares Statistics:
The stock has traded on average 1.61M shares per day over the past 3-months and 1530170 shares per day over the last 10 days, according to various share statistics. A total of 217.76M shares are outstanding, with a floating share count of 214.38M. Insiders hold about 1.71% of the company’s shares, while institutions hold 92.17% stake in the company. Shares short for TRGP as of 1740700800 were 3791641 with a Short Ratio of 2.35, compared to 1738281600 on 3716203. Therefore, it implies a Short% of Shares Outstanding of 3791641 and a Short% of Float of 2.02.
Dividends & Splits
In the trailing 12 months, TRGP’s forward annual dividend rate was 3.0, compared to 3.00 this year. Against a Trailing Annual Dividend Yield of 0.015197569The stock’s 5-year Average Dividend Yield is 3.97.
