Targa Resources (UK) Performance
| 0LD9 Stock | 197.55 2.81 1.44% |
On a scale of 0 to 100, Targa Resources holds a performance score of 19. The entity has a beta of 0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Targa Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Targa Resources is expected to be smaller as well. Please check Targa Resources' coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Targa Resources' existing price patterns will revert.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Targa Resources Corp are ranked lower than 19 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady basic indicators, Targa Resources unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Payout Ratio 0.4955 |
1 | Targa Resources stock hits 52-week high at 152.55 - Investing.com | 09/18/2024 |
2 | Targas Shares Gain 76 percent Year to Date Time to Buy or Hold - Nasdaq | 09/23/2024 |
3 | Targa Resources Corp. Leading the Midstream Sector with Record Operational Metrics - Yahoo Finance | 10/01/2024 |
4 | Targa Resources Corp. Shares Could Be 29 percent Above Their Intrinsic Value Estimate - Simply Wall St | 11/21/2024 |
| Begin Period Cash Flow | 219 M | |
| Free Cash Flow | 826.2 M |
Targa |
Targa Resources Relative Risk vs. Return Landscape
If you would invest 14,871 in Targa Resources Corp on September 5, 2024 and sell it today you would earn a total of 4,884 from holding Targa Resources Corp or generate 32.84% return on investment over 90 days. Targa Resources Corp is generating 0.4622% of daily returns and assumes 1.8848% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Targa, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Targa Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Targa Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Targa Resources Corp, and traders can use it to determine the average amount a Targa Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2452
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 0LD9 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Targa Resources is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Targa Resources by adding it to a well-diversified portfolio.
Targa Resources Fundamentals Growth
Targa Stock prices reflect investors' perceptions of the future prospects and financial health of Targa Resources, and Targa Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Targa Stock performance.
| Return On Equity | 0.34 | ||||
| Return On Asset | 0.0781 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 58.56 B | ||||
| Shares Outstanding | 229.28 M | ||||
| Price To Sales | 2.74 X | ||||
| Revenue | 16.06 B | ||||
| Gross Profit | 4.05 B | ||||
| EBITDA | 3.97 B | ||||
| Net Income | 1.58 B | ||||
| Total Debt | 13.01 B | ||||
| Book Value Per Share | 11.79 X | ||||
| Cash Flow From Operations | 3.21 B | ||||
| Earnings Per Share | (0.65) X | ||||
| Total Asset | 20.67 B | ||||
| Retained Earnings | 492 M | ||||
About Targa Resources Performance
Assessing Targa Resources' fundamental ratios provides investors with valuable insights into Targa Resources' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Targa Resources is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Targa Resources is entity of United Kingdom. It is traded as Stock on LSE exchange.Things to note about Targa Resources Corp performance evaluation
Checking the ongoing alerts about Targa Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Targa Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 92.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: Targa Resources Corp. Shares Could Be 29 percent Above Their Intrinsic Value Estimate - Simply Wall St |
- Analyzing Targa Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Targa Resources' stock is overvalued or undervalued compared to its peers.
- Examining Targa Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Targa Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Targa Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Targa Resources' stock. These opinions can provide insight into Targa Resources' potential for growth and whether the stock is currently undervalued or overvalued.
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.