Targa Resources Corp. Statistics
Share Statistics
Targa Resources Corp. has 218.06M shares outstanding. The number of shares has increased by -1.75% in one year.
| Shares Outstanding | 218.06M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -1.19% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 214.41M |
| Failed to Deliver (FTD) Shares | 1.34K |
| FTD / Avg. Volume | 0.08% |
Short Selling Information
The latest short interest is 3.50M, so 1.6% of the outstanding shares have been sold short.
| Short Interest | 3.50M |
| Short % of Shares Out | 1.6% |
| Short % of Float | 1.63% |
| Short Ratio (days to cover) | 2.19 |
Valuation Ratios
The PE ratio is 14.5 and the forward PE ratio is 23.4. Targa Resources Corp.'s PEG ratio is 0.11.
| PE Ratio | 14.5 |
| Forward PE | 23.4 |
| PS Ratio | 1.21 |
| Forward PS | 1.8 |
| PB Ratio | 7.12 |
| P/FCF Ratio | 23.62 |
| PEG Ratio | 0.11 |
Enterprise Valuation
Targa Resources Corp. has an Enterprise Value (EV) of 32.38B.
| EV / Earnings | 24.06 |
| EV / Sales | 2.02 |
| EV / EBITDA | 8.16 |
| EV / EBIT | 12.33 |
| EV / FCF | 39.19 |
Financial Position
The company has a current ratio of 0.79, with a Debt / Equity ratio of 4.64.
| Current Ratio | 0.79 |
| Quick Ratio | 0.66 |
| Debt / Equity | 4.64 |
| Total Debt / Capitalization | 82.27 |
| Cash Flow / Debt | 0.25 |
| Interest Coverage | 3.82 |
Financial Efficiency
Return on equity (ROE) is 0.49% and return on capital (ROIC) is 12.12%.
| Return on Equity (ROE) | 0.49% |
| Return on Assets (ROA) | 0.07% |
| Return on Capital (ROIC) | 12.12% |
| Revenue Per Employee | 5.05M |
| Profits Per Employee | 422.97K |
| Employee Count | 3.18K |
| Asset Turnover | 0.78 |
| Inventory Turnover | 32.32 |
Taxes
| Income Tax | 363.20M |
| Effective Tax Rate | 0.19 |
Stock Price Statistics
The stock price has increased by 116.1% in the last 52 weeks. The beta is 2.24, so Targa Resources Corp.'s price volatility has been higher than the market average.
| Beta | 2.24 |
| 52-Week Price Change | 116.1% |
| 50-Day Moving Average | 180.59 |
| 200-Day Moving Average | 139.76 |
| Relative Strength Index (RSI) | 44.26 |
| Average Volume (20 Days) | 1.69M |
Income Statement
In the last 12 months, Targa Resources Corp. had revenue of $16.06B and earned $1.35B in profits. Earnings per share was $3.69.
| Revenue | 16.06B |
| Gross Profit | 4.05B |
| Operating Income | 2.63B |
| Net Income | 1.35B |
| EBITDA | 3.97B |
| EBIT | 2.63B |
| Earnings Per Share (EPS) | 3.69 |
Balance Sheet
The company has $141.70M in cash and $13.01B in debt, giving a net cash position of -$12.87B.
| Cash & Cash Equivalents | 141.70M |
| Total Debt | 13.01B |
| Net Cash | -12.87B |
| Retained Earnings | 492.00M |
| Total Assets | 21.90B |
| Working Capital | -599.10M |
Cash Flow
In the last 12 months, operating cash flow was $3.21B and capital expenditures -$2.39B, giving a free cash flow of $826.20M.
| Operating Cash Flow | 3.21B |
| Capital Expenditures | -2.39B |
| Free Cash Flow | 826.20M |
| FCF Per Share | 3.68 |
Margins
Gross margin is 25.24%, with operating and profit margins of 16.35% and 8.38%.
| Gross Margin | 25.24% |
| Operating Margin | 16.35% |
| Pretax Margin | 12.1% |
| Profit Margin | 8.38% |
| EBITDA Margin | 24.69% |
| EBIT Margin | 16.35% |
| FCF Margin | 5.14% |
Dividends & Yields
TRGP pays an annual dividend of $3, which amounts to a dividend yield of 1.62%.
| Dividend Per Share | $3.00 |
| Dividend Yield | 1.62% |
| Dividend Growth (YoY) | 50% |
| Payout Ratio | 54.25% |
| Earnings Yield | 2% |
| FCF Yield | 2.05% |
Analyst Forecast
The average price target for TRGP is $174, which is -5.7% lower than the current price. The consensus rating is "Buy".
| Price Target | $174 |
| Price Target Difference | -5.7% |
| Analyst Consensus | Buy |
| Analyst Count | 15 |
Scores
| Altman Z-Score | 2.56 |
| Piotroski F-Score | 5 |