Company Analysis Targa Resources Corp.
1. Summary
Advantages
- The stock's return over the last year (100.78%) is higher than the sector average (-17.84%).
- The company's current efficiency (ROE=30.51%) is higher than the sector average (ROE=15.66%)
Disadvantages
- Price (194.92 $) is higher than fair price (86.25 $)
- Dividends (1.82%) are below the sector average (4.13%).
- Current debt level 57.7% has increased over 5 years from 41.82%.
Similar companies
2. Share price and performance
2.1. Share price
2.2. News
2.3. Market efficiency
| Targa Resources Corp. | Energy | Index | |
|---|---|---|---|
| 7 days | -7.3% | -20.5% | -3.1% |
| 90 days | -3.2% | -28.4% | -0.7% |
| 1 year | 100.8% | -17.8% | 17.6% |
TRGP vs Sector: Targa Resources Corp. has outperformed the "Energy" sector by 118.63% over the past year.
TRGP vs Market: Targa Resources Corp. has outperformed the market by 83.19% over the past year.
Stable price: TRGP is not significantly more volatile than the rest of the market on "New York Stock Exchange" over the last 3 months, with typical variations of +/- 5% per week.
Long period: TRGP with weekly volatility of 1.94% over the past year.
3. Summary of the report
4. Fundamental Analysis
4.1. Stock price and price forecast
Above fair price: The current price (194.92 $) is higher than the fair price (86.25 $).
Price is higher than fair: The current price (194.92 $) is 55.8% higher than the fair price.
4.2. P/E
P/E vs Sector: The company's P/E (23.45) is higher than that of the sector as a whole (14.57).
P/E vs Market: The company's P/E (23.45) is lower than that of the market as a whole (70.26).
4.2.1 P/E Similar companies
4.3. P/BV
P/BV vs Sector: The company's P/BV (4.25) is higher than that of the sector as a whole (1.71).
P/BV vs Market: The company's P/BV (4.25) is lower than that of the market as a whole (22.61).
4.3.1 P/BV Similar companies
4.4. P/S
P/S vs Sector: The company's P/S indicator (1.25) is lower than that of the sector as a whole (2.83).
P/S vs Market: The company's P/S indicator (1.25) is lower than that of the market as a whole (15.24).
4.4.1 P/S Similar companies
4.5. EV/Ebitda
EV/Ebitda vs Sector: The company's EV/Ebitda (9.22) is higher than that of the sector as a whole (8.03).
EV/Ebitda vs Market: The company's EV/Ebitda (9.22) is lower than that of the market as a whole (24.37).
5. Profitability
5.1. Profitability and revenue
5.2. Earnings per share - EPS
5.3. Past profitability Net Income
Yield Trend: Negative and has fallen by -32.57% over the last 5 years.
Accelerating profitability: The return for the last year (0%) exceeds the average return for 5 years (-32.57%).
Profitability vs Sector: The return for the last year (0%) is lower than the return for the sector (2826.99%).
5.4. ROE
ROE vs Sector: The company's ROE (30.51%) is higher than that of the sector as a whole (15.66%).
ROE vs Market: The company's ROE (30.51%) is higher than that of the market as a whole (18.07%).
5.5. ROA
ROA vs Sector: The company's ROA (3.79%) is lower than that of the sector as a whole (8.86%).
ROA vs Market: The company's ROA (3.79%) is lower than that of the market as a whole (6.49%).
5.6. ROIC
ROIC vs Sector: The company's ROIC (-1.37%) is lower than that of the sector as a whole (10.18%).
ROIC vs Market: The company's ROIC (-1.37%) is lower than that of the market as a whole (9.31%).
7. Dividends
7.1. Dividend yield vs Market
Low yield: The dividend yield of the company 1.82% is below the average for the sector '4.13%.
7.2. Stability and increase in payments
Dividend stability: The company's dividend yield 1.82% has been steadily paid over the past 7 years, DSI=0.86.
Weak dividend growth: The company's dividend yield 1.82% has been growing weakly or stagnant over the past 5 years. Growth over only 2 years.
7.3. Payout percentage
Dividend Coverage: Current payments from income (51.12%) are at a comfortable level.
8. Insider trades
8.1. Insider trading
Insider Selling More insider purchases by 164.47% over the last 3 months.
8.2. Latest transactions
| Transaction date | Insider | Type | Price | Volume | Quantity |
|---|---|---|---|---|---|
| 25.02.2025 | Kneale Jennifer R. See Remarks |
Sale | 192.42 | 5 750 860 | 29 887 |
| 25.02.2025 | MELOY MATTHEW J Chief Executive Officer |
Sale | 195.08 | 9 527 120 | 48 837 |
| 25.02.2025 | CRISP CHARLES R Director |
Sale | 194.23 | 378 166 | 1 947 |
| 25.02.2025 | Matthew J. Meloy Officer |
Purchase | 194.92 | 9 519 310 | 48 837 |
| 15.11.2024 | Boushka Julie H. Officer |
Purchase | 190.34 | 475 850 | 2 500 |
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