On Friday, Targa Resources Corp (NYSE: TRGP) was -10.81% drop from the session before settling in for the closing price of $180.72. A 52-week range for TRGP has been $110.09 – $218.51.
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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%. When this article was written, the company’s average yearly earnings per share was at 39.63%. With a float of $213.86 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) 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 1.71%, while institutional ownership is 92.24%. 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) Recent Fiscal highlights
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 39.63% 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 2.11. Likewise, its price to free cash flow for the trailing twelve months is 51.28.
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 9.65 in one year’s time.
Technical Analysis of Targa Resources Corp (TRGP)
Compared to the last year’s volume of 1.76 million, its volume of 3.2 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.24%. Additionally, its Average True Range was 8.76.
During the past 100 days, Targa Resources Corp’s (TRGP) raw stochastic average was set at 4.55%, which indicates a significant decrease from 5.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.40% in the past 14 days, which was higher than the 42.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $197.18, while its 200-day Moving Average is $170.80. Nevertheless, the first resistance level for the watch stands at $171.24 in the near term. At $181.28, the stock is likely to face the second major resistance level. The third major resistance level sits at $187.67. If the price goes on to break the first support level at $154.80, it is likely to go to the next support level at $148.41. Now, if the price goes above the second support level, the third support stands at $138.37.
Targa Resources Corp (NYSE: TRGP) Key Stats
There are 217,585K outstanding shares of the company, which has a market capitalization of 35.07 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.
