Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $170.90 in the prior trading day, Targa Resources Corp (NYSE: TRGP) closed at $162.34, down -5.01%. In other words, the price has decreased by -$5.01 from its previous closing price. On the day, 3.15 million shares were traded. TRGP stock price reached its highest trading level at $170.93 during the session, while it also had its lowest trading level at $160.555.
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 161.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.65. 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 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:
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 35322744832 and an Enterprise Value of 53233147904. As of this moment, Targa’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.22, and their Forward P/E ratio for the next fiscal year is 17.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.12 while its Price-to-Book (P/B) ratio in mrq is 13.64. Its current Enterprise Value per Revenue stands at 3.25 whereas that against EBITDA is 12.893.
Stock Price History:
The Beta on a monthly basis for TRGP is 1.22, which has changed by 0.44546342 over the last 52 weeks, in comparison to a change of 0.092895746 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 -12.31%, while the 200-Day Moving Average is calculated to be -6.89%.
Shares Statistics:
The stock has traded on average 2.08M shares per day over the past 3-months and 2098810 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 213.86M. Insiders hold about 1.71% of the company’s shares, while institutions hold 92.18% stake in the company. Shares short for TRGP as of 1744675200 were 4317038 with a Short Ratio of 2.08, compared to 1741910400 on 4126573. Therefore, it implies a Short% of Shares Outstanding of 4317038 and a Short% of Float of 2.3.
Dividends & Splits
In the trailing 12 months, TRGP’s forward annual dividend rate was 0.0, compared to 3.25 this year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.78.
Earnings Estimates
The current rating of Targa Resources Corp (TRGP) reflects the combined expertise of 1.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $2.15, with high estimates of $2.15 and low estimates of $2.15.
Analysts are recommending an EPS of between $8.36 and $8.28 for the fiscal current year, implying an average EPS of $8.32. EPS for the following year is $10.0, with 8.0 analysts recommending between $10.92 and $9.3.
Revenue Estimates
4 analysts predict $4.86B in revenue for the current quarter. It ranges from a high estimate of $5.96B to a low estimate of $4.36B. As of the current estimate, Targa Resources Corp’s year-ago sales were $3.56BFor the next quarter, 4 analysts are estimating revenue of $5.04B. There is a high estimate of $6.43B for the next quarter, whereas the lowest estimate is $4.51B.
A total of 5 analysts have provided revenue estimates for TRGP’s current fiscal year. The highest revenue estimate was $25.1B, while the lowest revenue estimate was $18.94B, resulting in an average revenue estimate of $22.18B. In the same quarter a year ago, actual revenue was $16.38BBased on 9 analysts’ estimates, the company’s revenue will be $24.31B in the next fiscal year. The high estimate is $31.25B and the low estimate is $18.66B.
