Targa Resources Statistics
Total Valuation
TRGP has a market cap or net worth of $25.11 billion. The enterprise value is $37.69 billion.
| Market Cap | 25.11B |
| Enterprise Value | 37.69B |
Important Dates
The next confirmed earnings date is Thursday, May 2, 2024, before market open.
| Earnings Date | May 2, 2024 |
| Ex-Dividend Date | Apr 29, 2024 |
Share Statistics
TRGP has 222.54 million shares outstanding. The number of shares has decreased by -2.21% in one year.
| Shares Outstanding | 222.54M |
| Shares Change (YoY) | -2.21% |
| Shares Change (QoQ) | -0.27% |
| Owned by Insiders (%) | 1.48% |
| Owned by Institutions (%) | 94.02% |
| Float | 219.38M |
Valuation Ratios
The trailing PE ratio is 30.54 and the forward PE ratio is 19.79. TRGP's PEG ratio is 1.40.
| PE Ratio | 30.54 |
| Forward PE | 19.79 |
| PS Ratio | 1.55 |
| Forward PS | 1.34 |
| PB Ratio | 9.08 |
| P/FCF Ratio | 29.94 |
| PEG Ratio | 1.40 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 10.11, with an EV/FCF ratio of 45.36.
| EV / Earnings | 45.09 |
| EV / Sales | 2.35 |
| EV / EBITDA | 10.11 |
| EV / EBIT | 15.72 |
| EV / FCF | 45.36 |
Financial Position
The company has a current ratio of 0.80, with a Debt / Equity ratio of 4.73.
| Current Ratio | 0.80 |
| Quick Ratio | 0.58 |
| Debt / Equity | 4.73 |
| Debt / EBITDA | 3.48 |
| Debt / FCF | 15.59 |
| Interest Coverage | 3.48 |
Financial Efficiency
Return on equity (ROE) is 31.90% and return on invested capital (ROIC) is 13.18%.
| Return on Equity (ROE) | 31.90% |
| Return on Assets (ROA) | 4.20% |
| Return on Capital (ROIC) | 13.18% |
| Revenue Per Employee | $5.05M |
| Profits Per Employee | $262,665 |
| Employee Count | 3,182 |
| Asset Turnover | 0.81 |
| Inventory Turnover | 30.72 |
Taxes
In the past 12 months, TRGP has paid $363.20 million in taxes.
| Income Tax | 363.20M |
| Effective Tax Rate | 30.29% |
Stock Price Statistics
The stock price has increased by +48.20% in the last 52 weeks. The beta is 2.22, so TRGP's price volatility has been higher than the market average.
| Beta (1Y) | 2.22 |
| 52-Week Price Change | +48.20% |
| 50-Day Moving Average | 105.18 |
| 200-Day Moving Average | 89.72 |
| Relative Strength Index (RSI) | 58.75 |
| Average Volume (30 Days) | 1,788,540 |
Short Selling Information
The latest short interest is 3.77 million, so 1.69% of the outstanding shares have been sold short.
| Short Interest | 3.77M |
| Short Previous Month | 4.01M |
| Short % of Shares Out | 1.69% |
| Short % of Float | 1.72% |
| Short Ratio (days to cover) | 2.45 |
Income Statement
In the last 12 months, TRGP had revenue of $16.06 billion and earned $835.80 million in profits. Earnings per share was $3.66.
| Revenue | 16.06B |
| Gross Profit | 4.31B |
| Operating Income | 2.63B |
| Pretax Income | 1.71B |
| Net Income | 835.80M |
| EBITDA | 3.73B |
| EBIT | 2.40B |
| Earnings Per Share (EPS) | $3.66 |
Balance Sheet
The company has $141.70 million in cash and $12.95 billion in debt, giving a net cash position of -$12.81 billion or -$57.57 per share.
| Cash & Cash Equivalents | 141.70M |
| Total Debt | 12.95B |
| Net Cash | -12.81B |
| Net Cash Per Share | -$57.57 |
| Equity / Book Value | 2.74B |
| Book Value Per Share | 12.31 |
| Working Capital | -566.30M |
Cash Flow
In the last 12 months, operating cash flow was $3.21 billion and capital expenditures -$2.38 billion, giving a free cash flow of $830.90 million.
| Operating Cash Flow | 3.21B |
| Capital Expenditures | -2.38B |
| Free Cash Flow | 830.90M |
| FCF Per Share | $3.70 |
Margins
Gross margin is 26.81%, with operating and profit margins of 16.35% and 5.20%.
| Gross Margin | 26.81% |
| Operating Margin | 16.35% |
| Pretax Margin | 10.64% |
| Profit Margin | 5.20% |
| EBITDA Margin | 23.20% |
| EBIT Margin | 14.92% |
| FCF Margin | 5.17% |
Dividends & Yields
This stock pays an annual dividend of $2.25, which amounts to a dividend yield of 1.99%.
| Dividend Per Share | $2.25 |
| Dividend Yield | 1.99% |
| Dividend Growth (YoY) | 45.16% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 61.48% |
| Buyback Yield | 2.21% |
| Shareholder Yield | 4.22% |
| Earnings Yield | 3.36% |
| FCF Yield | 3.34% |
Analyst Forecast
The average price target for TRGP is $114.53, which is 1.42% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $114.53 |
| Price Target Difference | 1.42% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 15 |
| Revenue Growth Forecast (5Y) | 6.72% |
| EPS Growth Forecast (5Y) | 17.20% |
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 2.09 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.09 |
| Piotroski F-Score | 7 |