Stock Scorecard



Stock Summary for Targa Resources Corp (TRGP) - $202.84 as of 11/20/2024 8:48:11 PM EST

Total Score

10 out of 30

Currently on the following lists
None
Tim's Recommendation
Avoid

Growth List Algorithm Criteria for TRGP

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for TRGP

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for TRGP

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2
Cash Flow per Share greater than Trailing Dividend Rate

Bonus Criteria for TRGP

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Safety Rating Criteria for TRGP (61 out of 90)

Stock Price Rating (Max of 10) 10
Historical Stock Price Rating (Max of 10) 7
Stock Price Trend (Max of 10) 10
Book Value (Max of 10) 5
Book Value to Price (Max of 10) 0
Analyst Buy Ratings (Max of 5) 5
Analyst Strong Buy Ratings (Max of 5) 5
Dividend Yield Percentage (Max of 10) 1
Operating Margin (Max of 10) 4
Trading Volume (Max of 10) 9
Price to Earnings (Max of 10) 5

Latest News for for TRGP

Shell Exits Carbon Offset Market: A Pivot for Strategic Shift 11/20/2024 12:12:00 PM
Petrobras Proposes $111 Billion Business Plan for 2025-2029 11/20/2024 12:01:00 PM
TC Energy Forecasts Growth With C$1.5B Projects and Higher 2025 EBITDA 11/20/2024 11:59:00 AM
Targa Resources, Inc. ( TRGP ) Is Up 1.96% in One Week: What You Should Know 11/19/2024 5:00:00 PM
Targa Resources Q3 Earnings Beat on Permian Volume Strength 11/12/2024 12:03:00 PM
Targa Resources Corp. to Participate in BofA Securities Global Energy Conference - Targa Resources ( NYSE:TRGP ) 11/11/2024 10:00:00 PM
Targa Resources Corp. to Participate in BofA Securities Global Energy Conference 11/11/2024 10:00:00 PM
Targa Resources ( TRGP ) Upgraded to Buy: What Does It Mean for the Stock? 11/11/2024 5:00:00 PM
Wall Street Rallies On Election Day, Palantir Skyrockets, Bitcoin Tops $70,000: What's Driving Markets Tuesday? 11/5/2024 5:58:00 PM
Targa Resources Corp. Reports Record Third Quarter 2024 Results and Announces Expectations for a 33% Year-Over-Year Increase to its 2025 Common Dividend 11/5/2024 11:00:00 AM

Financial Details for TRGP

Company Overview

Ticker TRGP
Company Name Targa Resources Corp
Country USA
Description Targa Resources Corp. The company is headquartered in Houston, Texas.
Sector Name ENERGY & TRANSPORTATION
Industry Name NATURAL GAS TRANSMISSION
Most Recent Quarter 9/30/2024
Next Earnings Date 2/13/2025

Stock Price History

Last Day Price 202.84
Price 4 Years Ago 24.42
Last Day Price Updated 11/20/2024 8:48:11 PM EST
Last Day Volume 1,230,357
Average Daily Volume 1,655,900
52-Week High 199.75
52-Week Low 79.24
Last Price to 52 Week Low 155.98%

Valuation Measures

Trailing PE 35.47
Industry PE 25.78
Sector PE 28.29
5-Year Average PE 21.87
Free Cash Flow Ratio 349.72
Industry Free Cash Flow Ratio 264.54
Sector Free Cash Flow Ratio 105.22
Current Ratio Most Recent Quarter 0.77
Total Cash Per Share 0.58
Book Value Per Share Most Recent Quarter 11.79
Price to Book Ratio 16.61
Industry Price to Book Ratio 6.66
Sector Price to Book Ratio 10.85
Price to Sales Ratio Twelve Trailing Months 2.68
Industry Price to Sales Ratio Twelve Trailing Months 3.49
Sector Price to Sales Ratio Twelve Trailing Months 2.40
Analyst Buy Ratings 14
Analyst Strong Buy Ratings 7

Share Statistics

Total Shares Outstanding 218,063,000
Market Capitalization 44,231,898,920
Institutional Ownership N/A

Dividends

Ex-Dividend Date 10/31/2024
Last Dividend Amount 0.75
Current Dividend Amount 0.75
Total Years Dividend Increasing 2
Trailing Annual Dividend Rate 2.75
Trailing Annual Dividend Yield 1.36%
Forward Annual Dividend Rate 2.32
Forward Annual Dividend Yield 1.14%
5-Year Dividend Payments Count 20
3-Year Average Dividend Yield 1.60%
5-Year Average Dividend Yield 3.66%
1-Year Dividend Growth Rate Percentage 32.14%
3-Year Dividend Growth Rate Percentage 115.06%
5-Year Dividend Growth Rate Percentage -15.57%
All-Time Dividend Growth Rate Percentage 5.88%
Dividend Payout Ratio 49.02%

Income Statement

Quarterly Earnings Growth YOY 80.40%
Annual Earnings Growth 12.58%
Reported EPS 12 Trailing Months 5.61
Reported EPS Past Year 4.29
Reported EPS Prior Year 3.70
Net Income Twelve Trailing Months 1,260,700,000
Net Income Past Year 1,345,900,000
Net Income Prior Year 1,195,500,000
Quarterly Revenue Growth YOY -1.20%
5-Year Revenue Growth 8.90%
Operating Margin Twelve Trailing Months 0.19

Balance Sheet

Total Cash Most Recent Quarter 127,200,000
Total Cash Past Year 141,700,000
Total Cash Prior Year 219,000,000
Net Cash Position Most Recent Quarter -14,127,500,000
Net Cash Position Past Year -12,812,200,000
Long Term Debt Past Year 12,953,900,000
Long Term Debt Prior Year 11,536,400,000
Total Debt Most Recent Quarter 14,254,700,000
Equity to Debt Ratio Past Year 0.17
Equity to Debt Ratio Most Recent Quarter 0.15
Total Stockholder Equity Past Year 2,739,700,000
Total Stockholder Equity Prior Year 2,665,700,000
Total Stockholder Equity Most Recent Quarter 2,573,900,000

Free Cash Flow

Free Cash Flow Twelve Trailing Months 320,600,000
Free Cash Flow Per Share Twelve Trailing Months 1.47
Free Cash Flow Past Year 826,200,000
Free Cash Flow Prior Year 1,046,500,000

Options

Put/Call Ratio 4.17
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD 9.63
MACD Signal 7.38
20-Day Bollinger Lower Band 115.06
20-Day Bollinger Middle Band 150.87
20-Day Bollinger Upper Band 186.68
Beta 2.24
RSI 73.01
50-Day SMA 119.65
150-Day SMA 86.18
200-Day SMA 74.50

System

Modified 11/19/2024 2:39:32 PM EST