Targa Resources Corp. (TRGP)
Targa Resources Statistics
Share Statistics
Targa Resources has 218.11M shares outstanding. The number of shares has increased by -2.28% in one year.
| Shares Outstanding | 218.11M |
| Shares Change (YoY) | -2.28% |
| Shares Change (QoQ) | -0.46% |
| Owned by Institutions (%) | 88.6% |
| Shares Floating | 214.3M |
| Failed to Deliver (FTD) Shares | 40 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 4.45M, so 2.04% of the outstanding shares have been sold short.
| Short Interest | 4.45M |
| Short % of Shares Out | 2.04% |
| Short % of Float | 2.08% |
| Short Ratio (days to cover) | 2.44 |
Valuation Ratios
The PE ratio is 30.73 and the forward PE ratio is 26.66. Targa Resources's PEG ratio is 0.53.
| PE Ratio | 30.73 |
| Forward PE | 26.66 |
| PS Ratio | 2.4 |
| Forward PS | 0.8 |
| PB Ratio | 15.16 |
| P/FCF Ratio | 57.47 |
| PEG Ratio | 0.53 |
Enterprise Valuation
Targa Resources Corp. has an Enterprise Value (EV) of 32.38B.
| EV / Earnings | 25.31 |
| EV / Sales | 1.98 |
| EV / EBITDA | 7.84 |
| EV / EBIT | 12.01 |
| EV / FCF | 47.35 |
Financial Position
The company has a current ratio of 0.72, with a Debt / Equity ratio of 5.47.
| Current Ratio | 0.72 |
| Quick Ratio | 0.62 |
| Debt / Equity | 5.47 |
| Total Debt / Capitalization | 84.54 |
| Cash Flow / Debt | 0.26 |
| Interest Coverage | 3.51 |
Financial Efficiency
Return on equity (ROE) is 0.49% and return on capital (ROIC) is 11.62%.
| Return on Equity (ROE) | 0.49% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 11.62% |
| Revenue Per Employee | $4,860,979.23 |
| Profits Per Employee | $379,554.9 |
| Employee Count | 3,370 |
| Asset Turnover | 0.72 |
| Inventory Turnover | 36.27 |
Taxes
| Income Tax | 384.5M |
| Effective Tax Rate | 0.2 |
Stock Price Statistics
The stock price has increased by 93.87% in the last 52 weeks. The beta is 2.32, so Targa Resources's price volatility has been higher than the market average.
| Beta | 2.32 |
| 52-Week Price Change | 93.87% |
| 50-Day Moving Average | 196.51 |
| 200-Day Moving Average | 161.85 |
| Relative Strength Index (RSI) | 45.14 |
| Average Volume (20 Days) | 1.67M |
Income Statement
In the last 12 months, Targa Resources had revenue of 16.38B and earned 1.28B in profits. Earnings per share was 5.81.
| Revenue | 16.38B |
| Gross Profit | 4.26B |
| Operating Income | 2.7B |
| Net Income | 1.28B |
| EBITDA | 4.13B |
| EBIT | 2.7B |
| Earnings Per Share (EPS) | 5.81 |
Balance Sheet
The company has 157.3M in cash and 14.17B in debt, giving a net cash position of -14.02B.
| Cash & Cash Equivalents | 157.3M |
| Total Debt | 14.17B |
| Net Cash | -14.02B |
| Retained Earnings | 1.19B |
| Total Assets | 22.73B |
| Working Capital | -876.3M |
Cash Flow
In the last 12 months, operating cash flow was 3.65B and capital expenditures -2.97B, giving a free cash flow of 683.9M.
| Operating Cash Flow | 3.65B |
| Capital Expenditures | -2.97B |
| Free Cash Flow | 683.9M |
| FCF Per Share | 3.11 |
Margins
Gross margin is 25.98%, with operating and profit margins of 16.45% and 7.81%.
| Gross Margin | 25.98% |
| Operating Margin | 16.45% |
| Pretax Margin | 11.83% |
| Profit Margin | 7.81% |
| EBITDA Margin | 25.2% |
| EBIT Margin | 16.45% |
| FCF Margin | 4.17% |
Dividends & Yields
TRGP pays an annual dividend of $3, which amounts to a dividend yield of 1.52%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 1.52% |
| Dividend Growth (YoY) | 50% |
| Payout Ratio | 52.17% |
| Earnings Yield | 2.97% |
| FCF Yield | 1.6% |
Analyst Forecast
The average price target for TRGP is $220, which is 12.4% higher than the current price. The consensus rating is "Buy".
| Price Target | $220 |
| Price Target Difference | 12.4% |
| Analyst Consensus | Buy |
| Analyst Count | 15 |
Scores
| Altman Z-Score | 2.55 |
| Piotroski F-Score | 6 |