Targa Resources (Germany) Analysis
| TAR Stock | EUR 197.60 1.15 0.58% |
Targa Resources Corp is undervalued with Real Value of 213.32 and Hype Value of 197.6. The main objective of Targa Resources stock analysis is to determine its intrinsic value, which is an estimate of what Targa Resources Corp is worth, separate from its market price. There are two main types of Targa Resources' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Targa Resources' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Targa Resources' stock to identify patterns and trends that may indicate its future price movements.
The Targa Resources stock is traded in Germany on Frankfurt Exchange, with the market opening at 08:00:00 and closing at 22:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Targa Resources' ongoing operational relationships across important fundamental and technical indicators.
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Targa Stock Analysis Notes
About 92.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 0.64. Targa Resources Corp last dividend was issued on the 30th of January 2023. 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. To find out more about Targa Resources Corp contact Matthew Meloy at 713 584 1000 or learn more at https://www.targaresources.com.Targa Resources Corp Investment Alerts
| 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 |
Targa Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 15.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Targa Resources's market, we take the total number of its shares issued and multiply it by Targa Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Targa Profitablity
Targa Resources' profitability indicators refer to fundamental financial ratios that showcase Targa Resources' ability to generate income relative to its revenue or operating costs. If, let's say, Targa Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Targa Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Targa Resources' profitability requires more research than a typical breakdown of Targa Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.06 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08. Technical Drivers
As of the 23rd of November, Targa Resources has the Risk Adjusted Performance of 0.2974, coefficient of variation of 263.01, and Semi Deviation of 1.07. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Targa Resources Corp, as well as the relationship between them. Please validate Targa Resources Corp treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall to decide if Targa Resources is priced more or less accurately, providing market reflects its prevalent price of 197.6 per share.Targa Resources Corp Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Targa Resources middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Targa Resources Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Targa Resources Outstanding Bonds
Targa Resources issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Targa Resources Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Targa bonds can be classified according to their maturity, which is the date when Targa Resources Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| TRGP 42 01 FEB 33 Corp BondUS87612GAA94 | View | |
| TRGP 495 15 APR 52 Corp BondUS87612GAB77 | View | |
| TRGP 6125 15 MAR 33 Corp BondUS87612GAC50 | View | |
| TRGP 65 15 FEB 53 Corp BondUS87612GAD34 | View | |
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| TRGP 52 01 JUL 27 Corp BondUS87612KAA07 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View |
Targa Resources Predictive Daily Indicators
Targa Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Targa Resources stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Targa Resources Forecast Models
Targa Resources' time-series forecasting models are one of many Targa Resources' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Targa Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Targa Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Targa Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Targa shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Targa Resources. By using and applying Targa Stock analysis, traders can create a robust methodology for identifying Targa entry and exit points for their positions.
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.
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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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