Targa Resources Statistics
Total Valuation
TRGP has a market cap or net worth of $36.76 billion. The enterprise value is $51.57 billion.
| Market Cap | 36.76B |
| Enterprise Value | 51.57B |
Important Dates
The next confirmed earnings date is Tuesday, November 5, 2024, before market open.
| Earnings Date | Nov 5, 2024 |
| Ex-Dividend Date | Oct 31, 2024 |
Share Statistics
TRGP has 219.08 million shares outstanding. The number of shares has decreased by -2.16% in one year.
| Shares Outstanding | 219.08M |
| Shares Change (YoY) | -2.16% |
| Shares Change (QoQ) | -0.89% |
| Owned by Insiders (%) | 1.61% |
| Owned by Institutions (%) | 93.35% |
| Float | 215.36M |
Valuation Ratios
The trailing PE ratio is 35.30 and the forward PE ratio is 24.27. TRGP's PEG ratio is 1.42.
| PE Ratio | 35.30 |
| Forward PE | 24.27 |
| PS Ratio | 2.26 |
| Forward PS | 1.75 |
| PB Ratio | 14.68 |
| P/FCF Ratio | 85.37 |
| PEG Ratio | 1.42 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.66, with an EV/FCF ratio of 121.60.
| EV / Earnings | 48.44 |
| EV / Sales | 3.17 |
| EV / EBITDA | 13.66 |
| EV / EBIT | 21.42 |
| EV / FCF | 121.60 |
Financial Position
The company has a current ratio of 0.65, with a Debt / Equity ratio of 3.14.
| Current Ratio | 0.65 |
| Quick Ratio | 0.48 |
| Debt / Equity | 3.14 |
| Debt / EBITDA | 3.50 |
| Debt / FCF | 32.18 |
| Interest Coverage | 3.18 |
Financial Efficiency
Return on equity (ROE) is 29.88% and return on invested capital (ROIC) is 8.60%.
| Return on Equity (ROE) | 29.88% |
| Return on Assets (ROA) | 7.39% |
| Return on Capital (ROIC) | 8.60% |
| Revenue Per Employee | $5.11M |
| Profits Per Employee | $334,569 |
| Employee Count | 3,182 |
| Asset Turnover | 0.80 |
| Inventory Turnover | 34.77 |
Taxes
In the past 12 months, TRGP has paid $333.60 million in taxes.
| Income Tax | 333.60M |
| Effective Tax Rate | 20.07% |
Stock Price Statistics
The stock price has increased by +89.95% in the last 52 weeks. The beta is 2.24, so TRGP's price volatility has been higher than the market average.
| Beta (5Y) | 2.24 |
| 52-Week Price Change | +89.95% |
| 50-Day Moving Average | 155.63 |
| 200-Day Moving Average | 125.54 |
| Relative Strength Index (RSI) | 62.70 |
| Average Volume (20 Days) | 1,550,437 |
Short Selling Information
The latest short interest is 3.39 million, so 1.55% of the outstanding shares have been sold short.
| Short Interest | 3.39M |
| Short Previous Month | 3.32M |
| Short % of Shares Out | 1.55% |
| Short % of Float | 1.57% |
| Short Ratio (days to cover) | 1.86 |
Income Statement
In the last 12 months, TRGP had revenue of $16.26 billion and earned $1.06 billion in profits. Earnings per share was $4.75.
| Revenue | 16.26B |
| Gross Profit | 5.26B |
| Operating Income | 2.41B |
| Pretax Income | 1.43B |
| Net Income | 1.06B |
| EBITDA | 3.77B |
| EBIT | 2.41B |
| Earnings Per Share (EPS) | $4.75 |
Balance Sheet
The company has $166.40 million in cash and $13.65 billion in debt, giving a net cash position of -$13.48 billion or -$61.53 per share.
| Cash & Cash Equivalents | 166.40M |
| Total Debt | 13.65B |
| Net Cash | -13.48B |
| Net Cash Per Share | -$61.53 |
| Equity (Book Value) | 4.35B |
| Book Value Per Share | 11.26 |
| Working Capital | -1.02B |
Cash Flow
In the last 12 months, operating cash flow was $3.15 billion and capital expenditures -$2.72 billion, giving a free cash flow of $424.10 million.
| Operating Cash Flow | 3.15B |
| Capital Expenditures | -2.72B |
| Free Cash Flow | 424.10M |
| FCF Per Share | $1.94 |
Margins
Gross margin is 32.33%, with operating and profit margins of 14.80% and 6.72%.
| Gross Margin | 32.33% |
| Operating Margin | 14.80% |
| Pretax Margin | 10.22% |
| Profit Margin | 6.72% |
| EBITDA Margin | 23.22% |
| EBIT Margin | 14.80% |
| FCF Margin | 2.64% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 1.79%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 1.79% |
| Dividend Growth (YoY) | 48.65% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 63.12% |
| Buyback Yield | 2.16% |
| Shareholder Yield | 3.95% |
| Earnings Yield | 2.94% |
| FCF Yield | 1.17% |
Analyst Forecast
The average price target for TRGP is $151.13, which is -9.93% lower than the current price. The consensus rating is "Strong Buy".
| Price Target | $151.13 |
| Price Target Difference | -9.93% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (5Y) | 4.36% |
| EPS Growth Forecast (5Y) | 17.89% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
TRGP has an Altman Z-Score of 1.88 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.88 |
| Piotroski F-Score | 5 |