On Tuesday, Targa Resources Corp (NYSE: TRGP) was -1.79% drop from the session before settling in for the closing price of $198.47. A 52-week range for TRGP has been $95.88 – $218.51.
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Energy Sector giant saw their annual sales surged by 21.79% over the last five years. When this article was written, the company’s average yearly earnings per share was at 39.96%. With a float of $214.21 million, this company’s outstanding shares have now reached $217.76 million.
The firm has a total of 3370 workers. Let’s measure their productivity. In terms of profitability, gross margin is 21.11%, operating margin of 16.92%, and the pretax margin is 11.76%.
Targa Resources Corp (TRGP) Insider Activity
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 1.78%, while institutional ownership is 92.12%. The most recent insider transaction that took place on Feb 25 ’25, was worth 9,519,308. Before that another transaction happened on Feb 25 ’25, when Company’s Director proposed sale 2,190 for $196.26, making the entire transaction worth $429,802.
Targa Resources Corp (TRGP) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 39.96% 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 0.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.56. Likewise, its price to free cash flow for the trailing twelve months is 62.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.75, a number that is poised to hit 1.93 in the next quarter and is forecasted to reach 9.57 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 2.22 million was better than the volume posted last year of 1.53 million. As of the previous 9 days, the stock’s Stochastic %D was 25.19%. Additionally, its Average True Range was 6.73.
During the past 100 days, Targa Resources Corp’s (TRGP) raw stochastic average was set at 67.22%, which indicates a significant increase from 27.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.74% in the past 14 days, which was lower than the 30.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $195.48, while its 200-day Moving Average is $160.15. Now, the first resistance to watch is $199.30. This is followed by the second major resistance level at $203.67. The third major resistance level sits at $209.00. If the price goes on to break the first support level at $189.60, it is likely to go to the next support level at $184.27. Should the price break the second support level, the third support level stands at $179.90.
Targa Resources Corp (NYSE: TRGP) Key Stats
There are 218,107K outstanding shares of the company, which has a market capitalization of 42.51 billion. As of now, sales total 16,382 M while income totals 1,279 M. Its latest quarter income was 4,405 M while its last quarter net income were 323,200 K.
