Targa Resources Stock Buy Hold or Sell Recommendation
| TRGP Stock | USD 190.30 7.44 4.07% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Targa Resources is 'Buy'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell Targa Resources within the specified time frame.
Check out Targa Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Targa Stock, please use our How to Invest in Targa Resources guide. Note, we conduct extensive research on individual companies such as Targa and provide practical buy, sell, or hold advice based on investors' constraints. Targa Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Targa |
Execute Targa Resources Buy or Sell Advice
The Targa recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Targa Resources. Macroaxis does not own or have any residual interests in Targa Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Targa Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Insignificant | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Targa Resources Trading Alerts and Improvement Suggestions
| Targa Resources currently holds 14.17 B in liabilities with Debt to Equity (D/E) ratio of 1.7, which is about average as compared to similar companies. Targa Resources has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Targa Resources' use of debt, we should always consider it together with its cash and equity. | |
| Targa Resources has a strong financial position based on the latest SEC filings | |
| Over 93.0% of Targa Resources shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Citizens Financial Group Inc. RI Acquires New Stake in Targa Resources Corp. |
Targa Resources Returns Distribution Density
The distribution of Targa Resources' historical returns is an attempt to chart the uncertainty of Targa Resources' future price movements. The chart of the probability distribution of Targa Resources daily returns describes the distribution of returns around its average expected value. We use Targa Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Targa Resources returns is essential to provide solid investment advice for Targa Resources.
| Mean Return | -0.0048 | Value At Risk | -3.75 | Potential Upside | 3.16 | Standard Deviation | 2.08 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Targa Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Targa Stock Institutional Investors
The Targa Resources' institutional investors refer to entities that pool money to purchase Targa Resources' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Norges Bank | 2024-12-31 | 2.8 M | T. Rowe Price Associates, Inc. | 2024-12-31 | 2.8 M | Ubs Group Ag | 2024-12-31 | 2.2 M | Gqg Partners Llc | 2024-12-31 | 2.2 M | Deutsche Bank Ag | 2024-12-31 | 2.2 M | Northern Trust Corp | 2024-12-31 | 2.2 M | Dimensional Fund Advisors, Inc. | 2024-12-31 | 2.1 M | Nuveen Asset Management, Llc | 2024-12-31 | 2 M | Goldman Sachs Group Inc | 2024-12-31 | 1.9 M | Vanguard Group Inc | 2024-12-31 | 27.2 M | Blackrock Inc | 2024-12-31 | 20.7 M |
Targa Resources Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (27.7M) | 40.6M | (236.2M) | 36M | 33.5M | 35.2M | |
| Change In Cash | (88.3M) | (84.3M) | 60.5M | (77.3M) | 15.6M | 16.4M | |
| Free Cash Flow | 792.9M | 1.8B | 1.0B | 826.2M | 683.9M | 718.1M | |
| Depreciation | 865.1M | 870.6M | 1.1B | 1.3B | 1.4B | 720.0M | |
| Other Non Cash Items | 2.3B | 733.1M | (65.2M) | (254.4M) | 243M | 310.5M | |
| Dividends Paid | 395.9M | 187.5M | 379.7M | 427.3M | 615.5M | 497.3M | |
| Capital Expenditures | 951.6M | 505.1M | 1.3B | 2.4B | 3.0B | 3.1B | |
| Net Income | (1.3B) | 422.1M | 1.5B | 1.6B | 1.6B | 1.6B | |
| End Period Cash Flow | 242.8M | 158.5M | 219M | 141.7M | 157.3M | 141.5M | |
| Investments | 10.5M | 19.6M | 872.3M | (2.2B) | (3.0B) | (2.9B) | |
| Change Receivables | (24.7M) | (25.6M) | (392.4M) | 219.7M | 197.7M | 207.6M | |
| Net Borrowings | 1.1B | (20.5M) | (1.2B) | (25.8B) | (23.2B) | (22.1B) | |
| Change To Netincome | 350.9M | 2.1B | 766.2M | 92.3M | 106.1M | 100.8M |
Targa Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Targa Resources or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Targa Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Targa stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.95 | |
σ | Overall volatility | 2.10 | |
Ir | Information ratio | 0.05 |
Targa Resources Volatility Alert
Targa Resources exhibits very low volatility with skewness of -0.34 and kurtosis of -0.44. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Targa Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Targa Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Targa Resources Fundamentals Vs Peers
Comparing Targa Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Targa Resources' direct or indirect competition across all of the common fundamentals between Targa Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Targa Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Targa Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Targa Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Targa Resources to competition |
| Fundamentals | Targa Resources | Peer Average |
| Return On Equity | 0.34 | -0.31 |
| Return On Asset | 0.0776 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.16 % | (5.51) % |
| Current Valuation | 55.61 B | 16.62 B |
| Shares Outstanding | 218.11 M | 571.82 M |
| Shares Owned By Insiders | 1.40 % | 10.09 % |
| Shares Owned By Institutions | 92.82 % | 39.21 % |
| Number Of Shares Shorted | 3.79 M | 4.71 M |
| Price To Earning | 75.42 X | 28.72 X |
| Price To Book | 16.01 X | 9.51 X |
| Price To Sales | 2.53 X | 11.42 X |
| Revenue | 16.38 B | 9.43 B |
| Gross Profit | 5.68 B | 27.38 B |
| EBITDA | 4.13 B | 3.9 B |
| Net Income | 1.55 B | 570.98 M |
| Cash And Equivalents | 154 M | 2.7 B |
| Cash Per Share | 0.68 X | 5.01 X |
| Total Debt | 14.17 B | 5.32 B |
| Debt To Equity | 1.70 % | 48.70 % |
| Current Ratio | 0.69 X | 2.16 X |
| Book Value Per Share | 11.90 X | 1.93 K |
| Cash Flow From Operations | 3.65 B | 971.22 M |
| Short Ratio | 2.38 X | 4.00 X |
| Earnings Per Share | 5.74 X | 3.12 X |
| Price To Earnings To Growth | 1.00 X | 4.89 X |
| Target Price | 216.07 | |
| Number Of Employees | 3.37 K | 18.84 K |
| Beta | 2.32 | -0.15 |
| Market Capitalization | 41.51 B | 19.03 B |
| Total Asset | 22.73 B | 29.47 B |
| Retained Earnings | 1.19 B | 9.33 B |
| Working Capital | (876.3 M) | 1.48 B |
Note: Disposition of 2236 shares by Paul Chung of Targa Resources at 202.1788 subject to Rule 16b-3 [view details]
Targa Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Targa . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Targa Resources Buy or Sell Advice
When is the right time to buy or sell Targa Resources? Buying financial instruments such as Targa Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Targa Stock Analysis
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.