Targa Resources (Germany) Performance
| TAR Stock | EUR 193.10 1.70 0.89% |
On a scale of 0 to 100, Targa Resources holds a performance score of 25. The entity has a beta of 0.67, 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' treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether Targa Resources' existing price patterns will revert.
Risk-Adjusted Performance
25 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Targa Resources Corp are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Targa Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 158.5 M | |
| Free Cash Flow | 1 B |
Targa |
Targa Resources Relative Risk vs. Return Landscape
If you would invest 13,081 in Targa Resources Corp on August 29, 2024 and sell it today you would earn a total of 6,229 from holding Targa Resources Corp or generate 47.62% return on investment over 90 days. Targa Resources Corp is currently producing 0.6185% returns and takes up 1.8917% volatility of returns over 90 trading days. Put another way, 16% of traded stocks are less volatile than Targa, and 88% of all traded equity instruments are likely to generate higher returns 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 = 0.3269
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average Targa Resources is performing at about 25% 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 | 0.28 | |||
| Return On Asset | 0.0622 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 26.23 B | |||
| Shares Outstanding | 226.64 M | |||
| Price To Earning | 122.17 X | |||
| Price To Book | 6.85 X | |||
| Price To Sales | 0.70 X | |||
| Revenue | 20.93 B | |||
| EBITDA | 3.21 B | |||
| Cash And Equivalents | 124.9 M | |||
| Cash Per Share | 0.54 X | |||
| Total Debt | 10.51 B | |||
| Debt To Equity | 98.60 % | |||
| Book Value Per Share | 11.79 X | |||
| Cash Flow From Operations | 2.38 B | |||
| Earnings Per Share | 3.66 X | |||
| Total Asset | 19.56 B | |||
About Targa Resources Performance
By analyzing Targa Resources' fundamental ratios, stakeholders can gain valuable insights into Targa Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Targa Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Targa Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. Targa Resources Corp. was founded in 2005 and is headquartered in Houston, Texas. TARGA RESOURCES operates under Oil Gas Midstream classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2460 people.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.| Targa Resources Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Targa Resources Corp has accumulated 10.51 B in total debt with debt to equity ratio (D/E) of 98.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Targa Resources Corp has a current ratio of 0.57, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Targa Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Targa Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Targa Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Targa to invest in growth at high rates of return. When we think about Targa Resources' use of debt, we should always consider it together with cash and equity. | |
| Over 92.0% of Targa Resources shares are owned by institutional investors |
- 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.
Complementary 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.
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