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Targa Resources (TRGP)
NYSE:TRGP
Total Valuation
Targa Resources has a market cap or net worth of $38.51B. The enterprise value is $54.74B.
Market Cap$38.51B
Enterprise Value$54.74B
Share Statistics
Targa Resources has 217,585,330 shares outstanding. The number of shares has decreased by -2.65% in one year.
Shares Outstanding217,585,330
Owned by Insiders1.52%
Owned by Institutions1.07%
Financial Efficiency
Targa Resources’s return on equity (ROE) is 0.49 and return on invested capital (ROIC) is 10.83%.
Return on Equity (ROE)0.49
Return on Assets (ROA)0.06
Return on Invested Capital (ROIC)10.83%
Return on Capital Employed (ROCE)0.14
Revenue Per Employee4.86M
Profits Per Employee460.98K
Employee Count3,370
Asset Turnover0.72
Inventory Turnover36.27
Valuation Ratios
The current PE Ratio of Targa Resources is 30.73. Targa Resources’s PEG ratio is 0.53.
PE Ratio30.73
PS Ratio2.63
PB Ratio15.16
Price to Fair Value15.16
Price to FCF57.47
Price to Operating Cash Flow10.77
PEG Ratio0.53
Income Statement
In the last 12 months, Targa Resources had revenue of 16.38B and earned 1.28B in profits. Earnings per share was 5.81.
Revenue16.38B
Gross Profit4.26B
Operating Income2.70B
Pretax Income1.94B
Net Income1.28B
EBITDA4.13B
Earnings Per Share (EPS)5.81
Cash Flow
In the last 12 months, operating cash flow was 3.65B and capital expenditures -2.97B, giving a free cash flow of 683.90M billion.
Operating Cash Flow3.65B
Free Cash Flow683.90M
Free Cash Flow per Share3.14
Dividends & Yields
Targa Resources pays an annual dividend of $3, resulting in a dividend yield of 1.74%
Dividend Per Share$3
Dividend Yield1.74%
Payout Ratio51.81%
Free Cash Flow Yield―
Earnings Yield―
Stock Price Statistics
Beta1.01
52-Week Price Change55.10%
50-Day Moving Average188.36
200-Day Moving Average172.60
Relative Strength Index (RSI)48.72
Average Volume (3m)2.33M
Important Dates
Targa Resources upcoming earnings date is May 1, 2025, TBA Not Confirmed.
Last Earnings DateFeb 20, 2025
Next Earnings DateMay 1, 2025
Ex-Dividend DateApr 30, 2025
Financial Position
Targa Resources as a current ratio of 0.72, with Debt / Equity ratio of 550.26%
Current Ratio0.72
Quick Ratio0.62
Debt to Market Cap0.36
Net Debt to EBITDA3.40
Interest Coverage Ratio3.51
Taxes
In the past 12 months, Targa Resources has paid 384.50M in taxes.
Income Tax384.50M
Effective Tax Rate0.20
Enterprise Valuation
Targa Resources EV to EBITDA ratio is 12.92, with an EV/FCF ratio of 77.97.
EV to Sales3.26
EV to EBITDA12.92
EV to Free Cash Flow77.97
EV to Operating Cash Flow14.61
Balance Sheet
Targa Resources has $157.30M in cash and marketable securities with $1.53B in debt, giving a net cash position of $14.11B billion.
Cash & Marketable Securities$157.30M
Total Debt$1.53B
Net Cash$14.11B
Net Cash Per Share$64.84
Tangible Book Value Per Share$11.08
Margins
Gross margin is 21.11%, with operating margin of 16.45%, and net profit margin of 7.81%.
Gross Margin21.11%
Operating Margin16.45%
Pretax Margin11.83%
Net Profit Margin7.81%
EBITDA Margin25.20%
EBIT Margin16.51%
Analyst Forecast
The average price target for Targa Resources is $221.57, which is 11.43% higher than the current price. The consensus rating is Strong Buy
Price Target$221.57
Price Target Upside24.74% Upside
Analyst ConsensusStrong Buy
Analyst Count15
Revenue Growth Forecast6.45%
EPS Growth Forecast56.33%