Targa Resources Corp (NYSE: TRGP) open the trading on Thursday, with a bit cautious approach as it glided -0.44% to $161.92, before settling in for the price of $162.63 at the close. Taking a more long-term approach, TRGP posted a 52-week range of $81.03-$167.79.
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It was noted that the giant of the Energy sector posted annual sales growth of 16.60% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 52.74%. This publicly-traded company’s shares outstanding now amounts to $222.61 million, simultaneously with a float of $215.40 million. The organization now has a market capitalization sitting at $35.47 billion. At the time of writing, stock’s 50-day Moving Average stood at $149.68, while the 200-day Moving Average is $120.65.
Targa Resources Corp (TRGP) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Oil & Gas Midstream industry. Targa Resources Corp’s current insider ownership accounts for 1.68%, in contrast to 92.16% institutional ownership. According to the most recent insider trade that took place on Sep 24 ’24, this organization’s Director sold 150,000 shares at the rate of 155.53, making the entire transaction reach 23,329,500 in total value, affecting insider ownership by 110,470. Preceding that transaction, on Sep 03 ’24, Company’s Chief Commercial Officer sold 2,500 for 146.20, making the whole transaction’s value amount to 365,504. This particular insider is now the holder of 174,451 in total.
Targa Resources Corp (TRGP) Earnings and Revenue Records
Targa Resources Corp’s EPS increase for this current 12-month fiscal period is 52.74% and is forecasted to reach 7.26 in the upcoming year.
Targa Resources Corp (NYSE: TRGP) Trading Performance Indicators
Let’s observe the current performance indicators for Targa Resources Corp (TRGP). It’s Quick Ratio in the last reported quarter now stands at 0.53. The Stock has managed to achieve an average true range (ATR) of 3.63. Alongside those numbers, its PE Ratio stands at $33.94, and its Beta score is 2.25. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.17. Similarly, its price to free cash flow for trailing twelve months is now 83.64.
In the same vein, TRGP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.77, a figure that is expected to reach 1.55 in the next quarter, and analysts are predicting that it will be 7.26 at the market close of one year from today.
Technical Analysis of Targa Resources Corp (TRGP)
[Targa Resources Corp, TRGP] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 56.68% While, its Average True Range was 3.69.
Raw Stochastic average of Targa Resources Corp (TRGP) in the period of the previous 100 days is set at 89.01%, which indicates a major rise in contrast to 73.62% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.04% that was lower than 23.67% volatility it exhibited in the past 100-days period.
