Based on the key indicators related to Targa Resources' liquidity, profitability, solvency, and operating efficiency, Targa Resources is performing exceptionally good at this time. It has a great risk to report excellent financial results in April. At this time, Targa Resources' Long Term Debt is relatively stable compared to the past year. As of 03/21/2025, Non Current Liabilities Total is likely to grow to about 15.9 B, while Total Current Liabilities is likely to drop slightly above 1.7 B. Key indicators impacting Targa Resources' financial strength include:
The essential information of the day-to-day investment outlook for Targa Resources includes many different criteria found on its balance sheet. An individual investor should monitor Targa Resources' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Targa Resources.
Targa Resources competes with Plains GP, Western Midstream, Plains All, Hess Midstream, and MPLX LP. Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. The company was incorporated in 2005 and is headquartered in Houston, Texas. Targa Resources operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 2430 people.
The reason investors look at the income statement is to determine what Targa Resources' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Targa Resources's current stock value. Our valuation model uses many indicators to compare Targa Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Targa Resources competition to find correlations between indicators driving Targa Resources's intrinsic value. More Info.
Targa Resources is rated fourth in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.23 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Targa Resources is roughly 4.43 . At this time, Targa Resources' Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Targa Resources by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Targa Resources Systematic Risk
Targa Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Targa Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Targa Resources correlated with the market. If Beta is less than 0 Targa Resources generally moves in the opposite direction as compared to the market. If Targa Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Targa Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Targa Resources is generally in the same direction as the market. If Beta > 1 Targa Resources moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Targa Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Targa Resources' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Targa Resources growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Targa Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Targa Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Targa Resources based on widely used predictive technical indicators. In general, we focus on analyzing Targa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Targa Resources's daily price indicators and compare them against related drivers.
When running Targa Resources' price analysis, check to measure Targa Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Targa Resources is operating at the current time. Most of Targa Resources' value examination focuses on studying past and present price action to predict the probability of Targa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Targa Resources' price. Additionally, you may evaluate how the addition of Targa Resources to your portfolios can decrease your overall portfolio volatility.