On Friday, Targa Resources Corp (NYSE: TRGP) was 2.47% up from the session before settling in for the closing price of $172.53. A 52-week range for TRGP has been $81.03 – $209.87.
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Energy Sector giant saw their annual sales surged by 16.60% over the last five years. When this article was written, the company’s average yearly earnings per share was at 60.74%. With a float of $214.41 million, this company’s outstanding shares have now reached $218.33 million.
The firm has a total of 3182 workers. Let’s measure their productivity. In terms of profitability, gross margin is 18.99%, operating margin of 16.65%, and the pretax margin is 11.5%.
Targa Resources Corp (TRGP) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Targa Resources Corp stocks. The insider ownership of Targa Resources Corp is 1.68%, while institutional ownership is 91.29%. The most recent insider transaction that took place on Dec 02 ’24, was worth 505,736. In this transaction Chief Commercial Officer of this company sold 2,500 shares at a rate of $202.29, taking the stock ownership to the 171,951 shares. Before that another transaction happened on Dec 02 ’24, when Company’s Officer proposed sale 2,500 for $204.30, making the entire transaction worth $510,750.
Targa Resources Corp (TRGP) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.83 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.74% per share during the next fiscal year.
Targa Resources Corp (NYSE: TRGP) Trading Performance Indicators
You can see what Targa Resources Corp (TRGP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42. Likewise, its price to free cash flow for the trailing twelve months is 123.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.55, a number that is poised to hit 1.87 in the next quarter and is forecasted to reach 7.80 in one year’s time.
Technical Analysis of Targa Resources Corp (TRGP)
Analysing the last 5-days average volume posted by the [Targa Resources Corp, TRGP], we can find that recorded value of 3.31 million was better than the volume posted last year of 1.68 million. As of the previous 9 days, the stock’s Stochastic %D was 12.58%. Additionally, its Average True Range was 5.17.
During the past 100 days, Targa Resources Corp’s (TRGP) raw stochastic average was set at 62.11%, which indicates a significant increase from 19.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.96% in the past 14 days, which was higher than the 29.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $182.89, while its 200-day Moving Average is $142.06. Now, the first resistance to watch is $178.55. This is followed by the second major resistance level at $180.31. The third major resistance level sits at $183.82. If the price goes on to break the first support level at $173.28, it is likely to go to the next support level at $169.77. Now, if the price goes above the second support level, the third support stands at $168.01.
Targa Resources Corp (NYSE: TRGP) Key Stats
There are 218,063K outstanding shares of the company, which has a market capitalization of 39.50 billion. As of now, sales total 16,060 M while income totals 828,200 K. Its latest quarter income was 3,852 M while its last quarter net income were 384,500 K.
