On Tuesday, Targa Resources Corp (NYSE: TRGP) opened higher 1.30% from the last session, before settling in for the closing price of $200.47. Price fluctuations for TRGP have ranged from $110.09 to $218.51 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 21.79%. Company’s average yearly earnings per share was noted 39.68% at the time writing. With a float of $214.38 million, this company’s outstanding shares have now reached $217.76 million.
Considering the fact that the conglomerate employs 3370 people, you should pay attention to its efficiency factor. 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
A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Targa Resources Corp is 1.71%, while institutional ownership is 92.19%. The most recent insider transaction that took place on Mar 24 ’25, was worth 1,024,716. Before that another transaction happened on Feb 28 ’25, when Company’s Director sold 1,050 for $198.14, making the entire transaction worth $208,042. This insider now owns 11,075 shares in total.
Targa Resources Corp (TRGP) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 39.68% per share during the next fiscal year.
Targa Resources Corp (NYSE: TRGP) Trading Performance Indicators
Check out the current performance indicators for Targa Resources Corp (TRGP). In the past 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 2.66. Likewise, its price to free cash flow for the trailing twelve months is 64.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.75, a number that is poised to hit 1.95 in the next quarter and is forecasted to reach 9.66 in one year’s time.
Technical Analysis of Targa Resources Corp (TRGP)
Compared to the last year’s volume of 1.64 million, its volume of 1.41 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 46.10%. Additionally, its Average True Range was 6.28.
During the past 100 days, Targa Resources Corp’s (TRGP) raw stochastic average was set at 69.71%, which indicates a significant decrease from 80.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.21% in the past 14 days, which was lower than the 33.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $199.02, while its 200-day Moving Average is $169.86. Nevertheless, the first resistance level for the watch stands at $205.76 in the near term. At $208.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $213.29. If the price goes on to break the first support level at $198.24, it is likely to go to the next support level at $193.40. Should the price break the second support level, the third support level stands at $190.71.
Targa Resources Corp (NYSE: TRGP) Key Stats
There are currently 218,107K shares outstanding in the company with a market cap of 44.29 billion. Presently, the company’s annual sales total 16,382 M according to its annual income of 1,279 M. Last quarter, the company’s sales amounted to 4,405 M and its income totaled 323,200 K.
