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Asset logo  TRGP
Targa Resources
TRGP
70 / 100
High Growth
S&P500
$114.68arrow_drop_down0.71%-$0.83
Key Stats
Open$115.45
Prev. Close$114.92
EPS4.85
Dividend$2.25
Next Earnings DateAug 13, 2024
Dividend Yield %2.63%
Market Cap$26.06B
PE Ratio23.47
LOWHIGH
Day Range113.75
116.25
52 Week Range67.35
119.68
Ratios
P/B Ratio9.32
Revenue$15.61B
Operating M. %14.02%
Earnings$828.20M
Earnings Growth %-45.92%
EBITDA Margin %24.20%
ROE %30.18%
EPS4.85
Fundamentals
RPS$71.98
Gross Profit$2.53B
EBITDA$3.78B
Total Debt$13.13B
P/S Ratio1.5x
Enterprise to EBITDA9.70
Profit Margin6.98%
ROA7.62%
Debt/Equity Ratio2.87%
Payout Ratio46.01%
Industry average yield3.00%
Last Dividend pay dateMay 15, 2024
Dividend per share$2.25
Dividend yield forecast0.03%

Stock Analysis

Technicals

Summarizing what the indicators are suggesting.

Strong Buy
Buy
Neutral
Sell
Strong Sell
Analyst rating

An aggregate view of professional's ratings.

Strong Buy
Buy
Neutral
Sell
Strong Sell

Stock Performance

TRGParrow_drop_down0.93%
US Energy Sectorarrow_drop_down0.68%
US Marketarrow_drop_down1.75%
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TRGP / Market
TRGP exceeded the US Market which returned -1.75% over the last twenty four hours.
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TRGP / Energy Sector
TRGP lose to the US Energy sector which returned -0.68% over the last twenty four hours.

Targa Resources (TRGP) Statistics

Targa Resources Corp (TRGP) is a leading provider of midstream energy services in North America. The company operates an extensive network of assets that include natural gas gathering and processing plants, NGL fractionation facilities, and crude oil and refined product storage and terminaling facilities. With a market capitalization of over $10 billion, TRGP is one of the largest companies in its sector. The stock has a beta of 1.2, indicating that it is slightly more volatile than the overall market. However, despite this higher risk profile, the stock offers investors a generous dividend yield of around 8%.

In terms of valuation metrics, TRGP is currently trading at a price-to-earnings (P/E) ratio of 15. This suggests that the stock is relatively inexpensive compared to its earnings potential. The company also has a price-to-sales (P/S) ratio of 1.2, indicating that the stock is attractively priced relative to its revenue. On a fundamental basis, TRGP has a strong balance sheet with a manageable level of debt. The company's debt-to-equity ratio stands at 0.8, indicating that it has a relatively low level of financial leverage. TRGP also has a healthy profit margin of 10%, highlighting its ability to generate profits from its operations. Overall, Targa Resources Corp is a well-managed company with solid financials and an attractive valuation.

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Frequently Asked Questions

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How has Targa Resources (TRGP) stock's performance compared to its sector and the market over the past year?

Over the past year, Targa Resources (TRGP) has experienced a price change of . Compared to the Energy sector, which saw a change of 26.96%, Targa Resources has underperformed compared to its sector, indicating its relative standing within the Energy sector. Against the broader market's change of 29.12%, it has fallen short of the market average. This comparison highlights Targa Resources's performance relative to both its sector and the overall market over the last year.

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What is the PE ratio of Targa Resources (TRGP) stock?

The PE (Price to Earnings) ratio of Targa Resources (TRGP) is currently 23.47. This metric is used to evaluate the valuation of a company's stock, comparing its current share price relative to its per-share earnings.

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What is the EPS of Targa Resources (TRGP) stock?

The Earnings Per Share (EPS) for Targa Resources (TRGP), calculated on a diluted basis, is $4.85. EPS is a key indicator of a company's profitability, showing the portion of a company's profit allocated to each outstanding share of common stock.

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What is the operating margin of Targa Resources (TRGP) stock?

The operating margin for Targa Resources (TRGP) is 14.02%. This metric represents the percentage of revenue that remains after paying for variable production costs, indicating the efficiency and profitability of the company's core business operations.

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What is the EBITDA of Targa Resources (TRGP) stock?

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of Targa Resources (TRGP) is $3.78B. EBITDA is a widely used earnings metric to assess a company's operational efficiency and profitability before the impact of non-operating decisions such as financing, accounting, and tax environments.

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How much debt does Targa Resources (TRGP) have?

Targa Resources (TRGP) has a total debt of $13.13B. The net debt, which accounts for cash and cash equivalents against the total debt, is $13.02B.

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