Targa Resources (TRGP)

Targa Resources (TRGP) Stock Price & Analysis


TRGP Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$54.36 - $79.16
Previous Close$71.49
Average Volume (3M)1.65M
Market Cap
Enterprise Value$29.25B
Total Cash (Recent Filing)$211.80M
Total Debt (Recent Filing)$11.44B
Price to Earnings (P/E)18.4
Aug 03, 2023
1.55 (2.16%)
Share Statistics
EPS (TTM)3.88
Shares Outstanding226,019,124
10 Day Avg. Volume1,470,993
30 Day Avg. Volume1,651,000
Standard Deviation0.20
Financial Highlights & Ratios
Price to Book (P/B)-82.38
Price to Sales (P/S)4.01
Price to Cash Flow (P/CF)3.60
P/FCF Ratio3.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.46
Enterprise Value/Gross Profit1.40
Enterprise Value/Ebitda1.70
Price Target Upside36.58% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11



Risk Analysis

Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy

Product Insights

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What was Targa Resources’s price range in the past 12 months?
Targa Resources lowest stock price was $54.36 and its highest was $79.16 in the past 12 months.
    What is Targa Resources’s market cap?
    Currently, no data Available
    When is Targa Resources’s upcoming earnings report date?
    Targa Resources’s upcoming earnings report date is Aug 03, 2023 which is in 60 days.
      How were Targa Resources’s earnings last quarter?
      Targa Resources released its earnings results on May 04, 2023. The company reported $0.029 earnings per share for the quarter, missing the consensus estimate of $1.435 by -$1.406.
        Is Targa Resources overvalued?
        According to Wall Street analysts Targa Resources’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Targa Resources pay dividends?
          Targa Resources pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 2.17%. See more information on Targa Resources dividends here
            What is Targa Resources’s EPS estimate?
            Targa Resources’s EPS estimate is $1.34.
              How many shares outstanding does Targa Resources have?
              Targa Resources has 226,019,120 shares outstanding.
                What happened to Targa Resources’s price movement after its last earnings report?
                Targa Resources reported an EPS of $0.029 in its last earnings report, missing expectations of $1.435. Following the earnings report the stock price went down -2.858%.
                  Which hedge fund is a major shareholder of Targa Resources?
                  Among the largest hedge funds holding Targa Resources’s share is Blackstone Inc.. It holds Targa Resources’s shares valued at 599M.


                    Targa Resources Stock Smart Score

                    The Targa Resources stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                    Learn more about TipRanks Smart Score

                    Company Description

                    Targa Resources

                    Targa Resources Corp. provides midstream natural gas and natural gas liquids services. It also provides gathering, storing, and terminaling crude oil and storing, terminaling, and selling refined petroleum products. It operates through the following business segments: Gathering and Processing, and Logistics and Transportation. The Gathering and Processing segment includes assets used in the gathering of natural gas produced from oil and gas wells and processing this raw natural gas into merchantable natural gas by extracting NGLs and removing impurities; and assets used for crude oil gathering and terminaling. The Logistics and Transportation segment includes all the activities necessary to convert mixed NGLs into NGL products and provides certain value added services such as storing, fractionating, terminaling, transporting and marketing of NGLs and NGL products, including services to LPG exporters; storing and terminaling of refined petroleum products and crude oil and certain natural gas supply and marketing activities in support of its other businesses. The company was founded on October 27, 2005 and is headquartered in Houston, TX.


                    Top 5 ETFs holding TRGP

                    Market Value
                    Smart Score
                    Vanguard S&P 500 ETF
                    SPDR S&P 500 ETF Trust
                    SPDR S&P 500 ETF Trust CDI
                    iShares Core S&P 500 ETF
                    iShares Russell 1000 Growth ETF
                    Up to five ETFs with an Outperform Smart Score that hold TRGP. The ETFs are listed according to market value of TRGP within the ETF


                    Forecast EPS vs Actual EPS

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