Targa Resources Inc.

72.95+1.34+1.87%Vol 2.20M1Y Perf -5.11%
Mar 31st, 2023 16:00 DELAYED
BID70.70 ASK75.30
Open71.76 Previous Close71.61
Pre-Market- After-Market73.36
 - -  0.41 0.56%
Target Price
92.50 
Analyst Rating
Strong Buy 1.06
Potential %
26.80 
Finscreener Ranking
+     37.73
Insiders Trans % 3/6/12 mo.
-100/-100/-100 
Value Ranking
+     34.27
Insiders Value % 3/6/12 mo.
-100/-100/-100 
Growth Ranking
★★+     47.45
Insiders Shares Cnt. % 3/6/12 mo.
-100/-100/-100 
Income Ranking
     14.75
Price Range Ratio 52W %
67.04 
Earnings Rating
Strong Sell
Market Cap16.53B 
Earnings Date
4th May 2023
Alpha0.01 Standard Deviation0.19
Beta2.51 

Today's Price Range

71.6273.05

52W Range

55.5681.50

5 Year PE Ratio Range

-115.70-8.00

Summary:

Buy

Technical Indicators: Neutral
Moving Averages: Strong Buy
Performance
1 Week
8.04%
1 Month
-4.38%
3 Months
-0.75%
6 Months
20.90%
1 Year
-5.11%
3 Years
1 138.54%
5 Years
65.80%
10 Years
17.30%

TickerPriceChg.Chg.%
TRGP72.951.34001.87
AAPL164.902.54001.56
GOOG104.002.68002.65
MSFT289.275.22001.84
XOM109.660.17000.16
WFC37.380.00000.00
JNJ155.001.57001.02
FB196.640.99000.51
GE95.601.55001.65
JPM130.311.56001.21
 
ProfitabilityValueIndustryS&P 500US Markets
12.40
6.40
11.00
-5.40
6.93
RevenueValueIndustryS&P 500US Markets
16.38B
72.34
19.32
12.66
DividendsValueIndustryS&P 500US Markets
1.87
1.40
-50.17
-34.02
Payout ratio45.00
Earnings HistoryEstimateReportedSurprise %
Q04 20221.291.386.98
Q03 20221.230.84-31.71
Q02 20221.061.6151.89
Q01 20220.890.06-93.26
Q04 20210.650.51-21.54
Q03 20210.410.6660.98
Q02 20210.290.15-48.28
Q01 20210.150.53253.33
Earnings Per EndEstimateRevision %Trend
12/2022 QR1.28-12.33Negative
12/2022 FY4.52-1.09Negative
3/2023 QR1.23-11.51Negative
12/2023 FY5.71-7.75Negative
Next Report Date4th May 2023
Estimated EPS Next Report1.29
Estimates Count6
EPS Growth Next 5 Years %-
Volume Overview
Volume2.20M
Shares Outstanding226.64K
Shares Float201.69M
Trades Count27.48K
Dollar Volume159.54M
Avg. Volume1.53M
Avg. Weekly Volume1.26M
Avg. Monthly Volume1.78M
Avg. Quarterly Volume1.57M

Targa Resources Inc. (NYSE: TRGP) stock closed at 72.95 per share at the end of the most recent trading day (a 1.87% change compared to the prior day closing price) with a volume of 2.20M shares and market capitalization of 16.53B. Is a component of S&P 500, Russell 1000 indices and it is traded on NYSE exchange. The company belongs in the Oil & Gas industry, Energy sector and employs 2372 people. Targa Resources Inc. CEO is Matthew Meloy.

The one-year performance of Targa Resources Inc. stock is -5.11%, while year-to-date (YTD) performance is -0.75%. TRGP stock has a five-year performance of 65.8%. Its 52-week range is between 55.56 and 81.5, which gives TRGP stock a 52-week price range ratio of 67.04%

Targa Resources Inc. currently has a PE ratio of 69.00, a price-to-book (PB) ratio of 6.94, a price-to-sale (PS) ratio of 1.04, a price to cashflow ratio of 7.10, a PEG ratio of 2.32, a ROA of 1.48%, a ROC of 5.32% and a ROE of 11.50%. The company’s profit margin is 6.93%, its EBITDA margin is 11.00%, and its revenue ttm is $16.38 Billion , which makes it $72.34 revenue per share.

Of the last four earnings reports from Targa Resources Inc., there were 2 positive earnings surprise and 2 negative earnings surprise. The company has EPS estimate of $1.29 for the next earnings report. Targa Resources Inc.’s next earnings report date is 04th May 2023.

The consensus rating of Wall Street analysts for Targa Resources Inc. is Strong Buy (1.06), with a target price of $92.5, which is +26.80% compared to the current price. The earnings rating for Targa Resources Inc. stock is Strong Sell (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

Targa Resources Inc. has a dividend yield of 1.87% with a dividend per share of $1.40 and a payout ratio of 45.00%.

Targa Resources Inc. has a Buy technical analysis rating based on Technical Indicators (ADX : 17.90, ATR14 : 2.35, CCI20 : 25.54, Chaikin Money Flow : -0.01, MACD : -0.98, Money Flow Index : 63.47, ROC : 7.04, RSI : 53.41, STOCH (14,3) : 83.16, STOCH RSI : 1.00, UO : 58.65, Williams %R : -16.84), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Targa Resources Inc. in the last 12-months were: D. Scott Pryor (Sold 20 000 shares of value $1 426 586 ), Ershel C. Redd (Sold 2 400 shares of value $171 576 ), Jennifer R. Kneale (Sold 28 242 shares of value $2 126 221 ), Joe Bob Perkins (Sold 273 723 shares of value $20 018 545 ), Julie H. Boushka (Sold 6 086 shares of value $450 475 ), Patrick J. McDonie (Sold 12 000 shares of value $861 149 ), Paul W. Chung (Sold 37 125 shares of value $2 758 601 ), Regina Gregory (Sold 38 657 shares of value $2 859 346 ), Rene R. Joyce (Sold 5 000 shares of value $377 855 ), Robert M. Muraro (Sold 25 000 shares of value $1 898 404 ), Waters S. Davis (Sold 14 285 shares of value $1 018 016 )

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
16 (94.12 %)
14 (93.33 %)
14 (93.33 %)
Moderate Buy
1 (5.88 %)
1 (6.67 %)
1 (6.67 %)
Hold
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Strong Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Summary RatingStrong Buy
1.06
Strong Buy
1.07
Strong Buy
1.07

Targa Resources Inc.

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 813,000 bbl/d of gross fractionation capacity at Mont Belvieu and operates an LPG export terminal. The Grand Prix natural gas liquids pipeline also recently entered full service.

CEO: Matthew Meloy

Telephone: +1 713 584-1000

Address: 811 Louisiana Street, Houston 77002, TX, US

Number of employees: 2 372

Bearish or Bullish?
WeekMonthThree MonthsSix Months

Bearish Bullish

50%50%

Bearish Bullish

63%38%

Bearish Bullish

57%43%

Bearish Bullish

58%42%


News

Stocktwits