As on Thursday, Targa Resources Corp (NYSE: TRGP) started slowly as it slid -0.38% to $185.57, before settling in for the price of $186.28 at the close. Taking a more long-term approach, TRGP posted a 52-week range of $81.03-$209.87.
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The Energy Sector giants’ yearly sales growth during the last 5-year period was 16.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 60.86%. This publicly-traded company’s shares outstanding now amounts to $218.33 million, simultaneously with a float of $214.41 million. The organization now has a market capitalization sitting at $40.47 billion. At the time of writing, stock’s 50-day Moving Average stood at $180.59, while the 200-day Moving Average is $139.76.
Targa Resources Corp (TRGP) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas Midstream industry. Targa Resources Corp’s current insider ownership accounts for 1.68%, in contrast to 91.28% institutional ownership. According to the most recent insider trade that took place on Dec 02 ’24, this organization’s Chief Commercial Officer sold 2,500 shares at the rate of 202.29, making the entire transaction reach 505,736 in total value, affecting insider ownership by 171,951.
Targa Resources Corp (TRGP) Earnings and Revenue Records
Targa Resources Corp’s EPS increase for this current 12-month fiscal period is 60.86% and is forecasted to reach 7.81 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 0.61. The Stock has managed to achieve an average true range (ATR) of 4.94. Alongside those numbers, its PE Ratio stands at $33.43, and its Beta score is 2.28. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.48. Similarly, its price to free cash flow for trailing twelve months is now 126.22.
In the same vein, TRGP’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.55, a figure that is expected to reach 1.87 in the next quarter, and analysts are predicting that it will be 7.81 at the market close of one year from today.
Technical Analysis of Targa Resources Corp (TRGP)
Through scrutinizing the latest numbers posted by the [Targa Resources Corp, TRGP], it can be observed that its last 5-days Average volume of 1.64 million was lower the volume of 1.65 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 7.72% While, its Average True Range was 4.95.
Raw Stochastic average of Targa Resources Corp (TRGP) in the period of the previous 100 days is set at 72.17%, which indicates a major rise in contrast to 6.93% 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 30.67% that was higher than 28.49% volatility it exhibited in the past 100-days period.
