On Tuesday, Targa Resources Corp (NYSE: TRGP) opened higher 1.12% from the last session, before settling in for the closing price of $172.46. Price fluctuations for TRGP have ranged from $122.56 to $218.51 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 28.44% at the time writing. With a float of $213.35 million, this company’s outstanding shares have now reached $217.46 million.
Let’s look at the performance matrix of the company that is accounted for 3370 employees. 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 and Institutional Ownership
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 1.65%, while institutional ownership is 92.31%. The most recent insider transaction that took place on May 08 ’25, was worth 3,232,841. In this transaction an insider of this company sold 20,000 shares at a rate of $161.64, taking the stock ownership to the 62,139 shares. Before that another transaction happened on May 08 ’25, when Company’s Retired Officer proposed sale 2,000 for $161.95, making the entire transaction worth $323,891.
Targa Resources Corp (TRGP) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.44% 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 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.24. Likewise, its price to free cash flow for the trailing twelve months is 59.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.44, a number that is poised to hit 1.89 in the next quarter and is forecasted to reach 9.30 in one year’s time.
Technical Analysis of Targa Resources Corp (TRGP)
Targa Resources Corp (NYSE: TRGP) saw its 5-day average volume 1.4 million, a negative change from its year-to-date volume of 1.97 million. As of the previous 9 days, the stock’s Stochastic %D was 76.87%.
During the past 100 days, Targa Resources Corp’s (TRGP) raw stochastic average was set at 39.44%, which indicates a significant decrease from 85.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 4.47 in the past 14 days, which was lower than the 6.09 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $166.79, while its 200-day Moving Average is $180.15. Nevertheless, the first resistance level for the watch stands at $175.90 in the near term. At $177.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $179.85. If the price goes on to break the first support level at $171.95, it is likely to go to the next support level at $169.50. The third support level lies at $168.00 if the price breaches the second support level.
Targa Resources Corp (NYSE: TRGP) Key Stats
There are currently 216,932K shares outstanding in the company with a market cap of 37.83 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 4,562 M and its income totaled 200,000 K.
