Targa Resources Corp (NYSE: TRGP) kicked off on Tuesday, down -1.64% from the previous trading day, before settling in for the closing price of $164.63. Over the past 52 weeks, TRGP has traded in a range of $113.65-$218.51.
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During the last 5-year period, the sales growth of Energy Sector giant was 21.79%. While this was happening, its average annual earnings per share was recorded 30.33%. With a float of $213.47 million, this company’s outstanding shares have now reached $217.46 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Targa Resources Corp is 1.60%, while institutional ownership is 92.23%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 30.33% per share during the next fiscal year.
Targa Resources Corp (NYSE: TRGP) Trading Performance Indicators
Take a look at Targa Resources Corp’s (TRGP) current performance indicators. Last quarter, 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 2.08. Likewise, its price to free cash flow for the trailing twelve months is 54.93.
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 9.31 in one year’s time.
Technical Analysis of Targa Resources Corp (TRGP)
Looking closely at Targa Resources Corp (NYSE: TRGP), its last 5-days average volume was 1.83 million, which is a drop from its year-to-date volume of 2.0 million. As of the previous 9 days, the stock’s Stochastic %D was 42.96%. Additionally, its Average True Range was 6.33.
During the past 100 days, Targa Resources Corp’s (TRGP) raw stochastic average was set at 17.41%, which indicates a significant decrease from 39.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.00% in the past 14 days, which was lower than the 46.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $177.32, while its 200-day Moving Average is $176.21. However, in the short run, Targa Resources Corp’s stock first resistance to watch stands at $164.53. Second resistance stands at $167.14. The third major resistance level sits at $168.63. If the price goes on to break the first support level at $160.43, it is likely to go to the next support level at $158.94. Should the price break the second support level, the third support level stands at $156.33.
Targa Resources Corp (NYSE: TRGP) Key Stats
The company with the Market Capitalisation of 35.13 billion has total of 216,932K Shares Outstanding. Its annual sales at the moment are 16,382 M in contrast with the sum of 1,279 M annual income. Company’s last quarter sales were recorded 4,562 M and last quarter income was 200,000 K.
