Price Alert

Targa Resources Corp. (TRGP)

NYSE: TRGP · Real-Time Price · USD

162.34

-4.20 (-2.52%)

At close: Sep 05, 2025, 3:59 PM

162.36

0.02%

After-hours: Sep 05, 2025, 06:15 PM EDT

Targa Resources Statistics

Share Statistics

Targa Resources has 215.19M shares outstanding. The number of shares has increased by -0.98% in one year.

Shares Outstanding	215.19M
Shares Change (YoY)	-0.98%
Shares Change (QoQ)	-0.54%
Owned by Institutions (%)	89.36%
Shares Floating	211.95M
Failed to Deliver (FTD) Shares	15
FTD / Avg. Volume	n/a

Short Selling Information

The latest short interest is 3.87M, so 1.8% of the outstanding shares have been sold short.

Short Interest	3.87M
Short % of Shares Out	1.8%
Short % of Float	2.08%
Short Ratio (days to cover)	2.23

Valuation Ratios

The PE ratio is 30.96 and the forward PE ratio is 17.07. Targa Resources's PEG ratio is 0.55.

PE Ratio	30.96
Forward PE	17.07
PS Ratio	2.36
Forward PS	1.5
PB Ratio	15.16
P/FCF Ratio	57.47
PEG Ratio	0.55

Financial Ratio History

Enterprise Valuation

Targa Resources has an Enterprise Value (EV) of 53.41B.

EV / Sales	3.21
EV / EBITDA	12.91
EV / EBIT	14.64
EV / FCF	78.1

Financial Position

The company has a current ratio of 0.72, with a Debt / Equity ratio of 5.5.

Current Ratio	0.72
Quick Ratio	0.62
Debt / Equity	5.5
Debt / EBITDA	3.45
Debt / FCF	20.86
Interest Coverage	3.84

Financial Efficiency

Return on Equity is 48.97% and Return on Invested Capital is 11.83%.

Return on Equity	48.97%
Return on Assets	5.58%
Return on Invested Capital	11.83%
Revenue Per Employee	$4.93M
Profits Per Employee	$376.71K
Employee Count	3,370
Asset Turnover	0.73
Inventory Turnover	39.79

Taxes

Income Tax	384.5M
Effective Tax Rate	19.84%

Stock Price Statistics

The stock price has increased by 10.62% in the last 52 weeks. The beta is 1.21, so Targa Resources's price volatility has been higher than the market average.

Beta	1.21
52-Week Price Change	10.62%
50-Day Moving Average	167.02
200-Day Moving Average	180.21
Relative Strength Index (RSI)	44.98
Average Volume (20 Days)	1,543,680

Income Statement

In the last 12 months, Targa Resources had revenue of 16.63B and earned 1.27B in profits. Earnings per share was 5.77.

Revenue	16.63B
Gross Profit	3.33B
Operating Income	2.94B
Net Income	1.27B
EBITDA	4.14B
EBIT	2.71B
Earnings Per Share (EPS)	5.77

Full Income Statement

Balance Sheet

The company has 157.3M in cash and 14.27B in debt, giving a net cash position of -14.11B.

Cash & Cash Equivalents	157.3M
Total Debt	14.27B
Net Cash	-14.11B
Retained Earnings	1.19B
Total Assets	23.51B
Working Capital	-969.5M

Full Balance Sheet

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

Full Cash Flow Statement

Margins

Gross margin is 20%, with operating and profit margins of 17.71% and 7.64%.

Gross Margin	20%
Operating Margin	17.71%
Pretax Margin	11.66%
Profit Margin	7.64%
EBITDA Margin	24.89%
EBIT Margin	17.71%
FCF Margin	4.11%

Dividends & Yields

TRGP pays an annual dividend of $4.25, which amounts to a dividend yield of 2.1%.

Dividend Per Share	$4.25
Dividend Yield	2.1%
Dividend Growth (YoY)	50%
Payout Ratio	60.98%
Earnings Yield	3.23%
FCF Yield	1.74%

Dividend Details

Analyst Forecast

The average price target for TRGP is $206, which is 26.9% higher than the current price. The consensus rating is "Buy".

Price Target	$206
Price Target Difference	26.9%
Analyst Consensus	Buy
Analyst Count	14

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	39.08
Graham Upside	-75.93%

Scores

Altman Z-Score	2.22
Piotroski F-Score	7