Is Targa Resources Stock a Good Investment?
Targa Resources Investment Advice | TRGP |
- Examine Targa Resources' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Targa Resources' leadership team and their track record. Good management can help Targa Resources navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Storage & Transportation space and any emerging trends that could impact Targa Resources' business and its evolving consumer preferences.
- Compare Targa Resources' performance and market position to its competitors. Analyze how Targa Resources is positioned in terms of product offerings, innovation, and market share.
- Check if Targa Resources pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Targa Resources' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Targa Resources stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Targa Resources is a good investment.
Sell | Buy |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Targa Resources Stock
Researching Targa Resources' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 93.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.04. Targa Resources recorded earning per share (EPS) of 5.74. The entity last dividend was issued on the 31st of January 2025.
To determine if Targa Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Targa Resources' research are outlined below:
| 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. | |
| Over 93.0% of Targa Resources shares are owned by institutional investors | |
| On 14th of February 2025 Targa Resources paid $ 0.75 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Parallel Advisors LLC Has 857,000 Stake in Targa Resources Corp. |
Targa Resources Quarterly Cost Of Revenue |
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Targa Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Targa Resources. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Targa Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Targa Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Targa Resources' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2018-08-09 | 2018-06-30 | -0.03 | -0.02 | 0.01 | 33 | ||
2018-05-03 | 2018-03-31 | -0.01 | -0.03 | -0.02 | 200 | ||
2012-08-06 | 2012-06-30 | 0.24 | 0.21 | -0.03 | 12 | ||
2012-05-03 | 2012-03-31 | 0.26 | 0.23 | -0.03 | 11 | ||
2012-11-01 | 2012-09-30 | 0.17 | 0.21 | 0.04 | 23 | ||
2017-11-02 | 2017-09-30 | -0.11 | -0.16 | -0.05 | 45 | ||
2013-11-04 | 2013-09-30 | 0.44 | 0.39 | -0.05 | 11 | ||
2011-08-08 | 2011-06-30 | 0.2 | 0.25 | 0.05 | 25 |
Know Targa Resources' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Targa Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Targa Resources backward and forwards among themselves. Targa Resources' institutional investor refers to the entity that pools money to purchase Targa Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| 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' market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 43.05 B.Market Cap |
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Targa Resources' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.14 | 0.14 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.49 | 0.52 |
Determining Targa Resources' profitability involves analyzing its financial statements and using various financial metrics to determine if Targa Resources is a good buy. For example, gross profit margin measures Targa Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Targa Resources' profitability and make more informed investment decisions.
Targa Resources' Earnings Breakdown by Geography
Evaluate Targa Resources' management efficiency
Targa Resources has return on total asset (ROA) of 0.0776 % which means that it generated a profit of $0.0776 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.3441 %, meaning that it created $0.3441 on every $100 dollars invested by stockholders. Targa Resources' management efficiency ratios could be used to measure how well Targa Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of 03/23/2025, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.14. At this time, Targa Resources' Non Current Liabilities Total is relatively stable compared to the past year. As of 03/23/2025, Change To Liabilities is likely to grow to about 42.9 M, while Total Current Liabilities is likely to drop slightly above 1.7 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 20.06 | 19.06 | |
| Tangible Book Value Per Share | 11.08 | 10.53 | |
| Enterprise Value Over EBITDA | 12.92 | 7.23 | |
| Price Book Value Ratio | 15.16 | 9.05 | |
| Enterprise Value Multiple | 12.92 | 7.23 | |
| Price Fair Value | 15.16 | 9.05 | |
| Enterprise Value | 17 B | 16.5 B |
At Targa Resources, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Basic technical analysis of Targa Stock
As of the 23rd of March, Targa Resources has the Risk Adjusted Performance of 0.0603, semi deviation of 2.19, and Coefficient Of Variation of 1626.45. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Targa Resources, as well as the relationship between them.Targa Resources' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Targa Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on Targa Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Targa Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Targa Resources' Outstanding Corporate Bonds
Targa Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Targa Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Targa bonds can be classified according to their maturity, which is the date when Targa Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| TRGP 42 01 FEB 33 Corp BondUS87612GAA94 | View | |
| TRGP 495 15 APR 52 Corp BondUS87612GAB77 | View | |
| TRGP 6125 15 MAR 33 Corp BondUS87612GAC50 | View | |
| TRGP 65 15 FEB 53 Corp BondUS87612GAD34 | View | |
| Dana 575 percent Corp BondUS235822AB96 | View | |
| TRGP 52 01 JUL 27 Corp BondUS87612KAA07 | View | |
| TRGP 625 01 JUL 52 Corp BondUS87612KAC62 | View | |
| TARGA RES PARTNERS Corp BondUS87612BBG68 | View |
Understand Targa Resources' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Targa Resources' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0603 | |||
| Market Risk Adjusted Performance | 0.1277 | |||
| Mean Deviation | 1.72 | |||
| Semi Deviation | 2.19 | |||
| Downside Deviation | 2.3 | |||
| Coefficient Of Variation | 1626.45 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.38 | |||
| Information Ratio | 0.0889 | |||
| Jensen Alpha | 0.1865 | |||
| Total Risk Alpha | 0.2775 | |||
| Sortino Ratio | 0.0808 | |||
| Treynor Ratio | 0.1177 | |||
| Maximum Drawdown | 8.33 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.23 | |||
| Downside Variance | 5.3 | |||
| Semi Variance | 4.8 | |||
| Expected Short fall | (1.66) | |||
| Skewness | (0.35) | |||
| Kurtosis | (0.46) |
| Risk Adjusted Performance | 0.0603 | |||
| Market Risk Adjusted Performance | 0.1277 | |||
| Mean Deviation | 1.72 | |||
| Semi Deviation | 2.19 | |||
| Downside Deviation | 2.3 | |||
| Coefficient Of Variation | 1626.45 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.38 | |||
| Information Ratio | 0.0889 | |||
| Jensen Alpha | 0.1865 | |||
| Total Risk Alpha | 0.2775 | |||
| Sortino Ratio | 0.0808 | |||
| Treynor Ratio | 0.1177 | |||
| Maximum Drawdown | 8.33 | |||
| Value At Risk | (2.99) | |||
| Potential Upside | 3.23 | |||
| Downside Variance | 5.3 | |||
| Semi Variance | 4.8 | |||
| Expected Short fall | (1.66) | |||
| Skewness | (0.35) | |||
| Kurtosis | (0.46) |
Consider Targa Resources' intraday indicators
Targa Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Targa Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Targa Resources Corporate Filings
ASR | 21st of March 2025 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
F3 | 12th of March 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 5th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 26th of February 2025 Other Reports | ViewVerify |
Targa Stock media impact
Far too much social signal, news, headlines, and media speculation about Targa Resources that are available to investors today. That information is available publicly through Targa media outlets and privately through word of mouth or via Targa internal channels. However, regardless of the origin, that massive amount of Targa data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Targa Resources news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Targa Resources relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Targa Resources' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Targa Resources alpha.
Targa Resources Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Targa Resources can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Targa Resources Historical Investor Sentiment
Investor biases related to Targa Resources' public news can be used to forecast risks associated with an investment in Targa. The trend in average sentiment can be used to explain how an investor holding Targa can time the market purely based on public headlines and social activities around Targa Resources. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Targa Resources' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Targa Resources and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Targa Resources news discussions. The higher the estimate score, the more favorable the investor's outlook on Targa Resources.
Targa Resources Maximum Pain Price Across June 20th 2025 Option Contracts
Targa Resources' options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Targa Resources close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Targa Resources' options.
Targa Resources Corporate Directors
| Ershel Redd | Independent Director | Profile | |
| Robert Evans | Independent Director | Profile | |
| Waters Davis | Independent Director | Profile | |
| Charles Crisp | Independent Director | Profile |
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.