Targa Resources Statistics
Total Valuation
TRGP has a market cap or net worth of $30.24 billion. The enterprise value is $43.18 billion.
| Market Cap | 30.24B |
| Enterprise Value | 43.18B |
Important Dates
The next confirmed earnings date is Thursday, August 1, 2024, before market open.
| Earnings Date | Aug 1, 2024 |
| Ex-Dividend Date | Jul 31, 2024 |
Share Statistics
TRGP has 221.72 million shares outstanding. The number of shares has decreased by -2.44% in one year.
| Shares Outstanding | 221.72M |
| Shares Change (YoY) | -2.44% |
| Shares Change (QoQ) | -0.36% |
| Owned by Insiders (%) | 1.46% |
| Owned by Institutions (%) | 93.29% |
| Float | 217.93M |
Valuation Ratios
The trailing PE ratio is 28.06 and the forward PE ratio is 23.23. TRGP's PEG ratio is 1.40.
| PE Ratio | 28.06 |
| Forward PE | 23.23 |
| PS Ratio | 1.88 |
| Forward PS | 1.51 |
| PB Ratio | 11.18 |
| P/FCF Ratio | 87.87 |
| PEG Ratio | 1.40 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 12.15, with an EV/FCF ratio of 125.49.
| EV / Earnings | 39.09 |
| EV / Sales | 2.68 |
| EV / EBITDA | 12.15 |
| EV / EBIT | 19.56 |
| EV / FCF | 125.49 |
Financial Position
The company has a current ratio of 0.70, with a Debt / Equity ratio of 4.83.
| Current Ratio | 0.70 |
| Quick Ratio | 0.57 |
| Debt / Equity | 4.83 |
| Debt / EBITDA | 3.67 |
| Debt / FCF | 37.94 |
| Interest Coverage | 2.95 |
Financial Efficiency
Return on equity (ROE) is 41.60% and return on invested capital (ROIC) is 11.87%.
| Return on Equity (ROE) | 41.60% |
| Return on Assets (ROA) | 5.40% |
| Return on Capital (ROIC) | 11.87% |
| Revenue Per Employee | $5.06M |
| Profits Per Employee | $347,172 |
| Employee Count | 3,182 |
| Asset Turnover | 0.79 |
| Inventory Turnover | 62.90 |
Taxes
In the past 12 months, TRGP has paid $335.50 million in taxes.
| Income Tax | 335.50M |
| Effective Tax Rate | 23.30% |
Stock Price Statistics
The stock price has increased by +73.19% in the last 52 weeks. The beta is 2.26, so TRGP's price volatility has been higher than the market average.
| Beta (5Y) | 2.26 |
| 52-Week Price Change | +73.19% |
| 50-Day Moving Average | 123.18 |
| 200-Day Moving Average | 101.65 |
| Relative Strength Index (RSI) | 73.21 |
| Average Volume (20 Days) | 1,451,975 |
Short Selling Information
The latest short interest is 3.75 million, so 1.69% of the outstanding shares have been sold short.
| Short Interest | 3.75M |
| Short Previous Month | 4.13M |
| Short % of Shares Out | 1.69% |
| Short % of Float | 1.72% |
| Short Ratio (days to cover) | 2.28 |
Income Statement
In the last 12 months, TRGP had revenue of $16.10 billion and earned $1.10 billion in profits. Earnings per share was $4.86.
| Revenue | 16.10B |
| Gross Profit | 4.13B |
| Operating Income | 2.43B |
| Pretax Income | 1.46B |
| Net Income | 1.10B |
| EBITDA | 3.55B |
| EBIT | 2.21B |
| Earnings Per Share (EPS) | $4.86 |
Balance Sheet
The company has $109.90 million in cash and $13.06 billion in debt, giving a net cash position of -$12.95 billion or -$58.39 per share.
| Cash & Cash Equivalents | 109.90M |
| Total Debt | 13.06B |
| Net Cash | -12.95B |
| Net Cash Per Share | -$58.39 |
| Equity (Book Value) | 2.70B |
| Book Value Per Share | 12.20 |
| Working Capital | -841.50M |
Cash Flow
In the last 12 months, operating cash flow was $2.92 billion and capital expenditures -$2.57 billion, giving a free cash flow of $344.10 million.
| Operating Cash Flow | 2.92B |
| Capital Expenditures | -2.57B |
| Free Cash Flow | 344.10M |
| FCF Per Share | $1.54 |
Margins
Gross margin is 25.64%, with operating and profit margins of 15.08% and 6.86%.
| Gross Margin | 25.64% |
| Operating Margin | 15.08% |
| Pretax Margin | 9.06% |
| Profit Margin | 6.86% |
| EBITDA Margin | 22.07% |
| EBIT Margin | 13.71% |
| FCF Margin | 2.14% |
Dividends & Yields
This stock pays an annual dividend of $3.00, which amounts to a dividend yield of 2.20%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 2.20% |
| Dividend Growth (YoY) | 47.06% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 61.73% |
| Buyback Yield | 2.44% |
| Shareholder Yield | 4.64% |
| Earnings Yield | 3.65% |
| FCF Yield | 1.14% |
Analyst Forecast
The average price target for TRGP is $128.73, which is -5.60% lower than the current price. The consensus rating is "Strong Buy".
| Price Target | $128.73 |
| Price Target Difference | -5.60% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 15 |
| 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 2.23 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.23 |
| Piotroski F-Score | 7 |