A new trading day began on Friday, with Targa Resources Corp (NYSE: TRGP) stock price down -0.31% from the previous day of trading, before settling in for the closing price of $160.05. TRGP’s price has ranged from $112.26 to $218.51 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 21.79% over the last five years. Meanwhile, its annual earnings per share averaged 34.86%. With a float of $213.51 million, this company’s outstanding shares have now reached $217.46 million.
The firm has a total of 3370 workers. Let’s measure their productivity. In terms of profitability, gross margin is 22.22%, operating margin of 16.16%, and the pretax margin is 11.41%.
Targa Resources Corp (TRGP) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Targa Resources Corp is 1.58%, while institutional ownership is 92.88%. The most recent insider transaction that took place on May 08 ’25, was worth 323,891. Before that another transaction happened on May 08 ’25, when Company’s Officer proposed sale 20,000 for $161.75, making the entire transaction worth $3,234,933.
Targa Resources Corp (TRGP) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 34.86% per share during the next fiscal year.
Targa Resources Corp (NYSE: TRGP) Trading Performance Indicators
Here are Targa Resources Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.05. Likewise, its price to free cash flow for the trailing twelve months is 54.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.44, a number that is poised to hit 1.90 in the next quarter and is forecasted to reach 9.42 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 2.57 million was better than the volume posted last year of 2.01 million. As of the previous 9 days, the stock’s Stochastic %D was 20.06%. Additionally, its Average True Range was 7.32.
During the past 100 days, Targa Resources Corp’s (TRGP) raw stochastic average was set at 13.95%, which indicates a significant decrease from 20.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.35% in the past 14 days, which was lower than the 46.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $180.39, while its 200-day Moving Average is $175.06. Now, the first resistance to watch is $161.71. This is followed by the second major resistance level at $163.86. The third major resistance level sits at $165.47. If the price goes on to break the first support level at $157.95, it is likely to go to the next support level at $156.34. Should the price break the second support level, the third support level stands at $154.19.
Targa Resources Corp (NYSE: TRGP) Key Stats
With a market capitalization of 34.61 billion, the company has a total of 216,932K Shares Outstanding. Currently, annual sales are 16,382 M while annual income is 1,279 M. The company’s previous quarter sales were 4,562 M while its latest quarter income was 200,000 K.
