Targa Resources Valuation

TRGP Stock  USD 227.62  3.33  1.48%   
At this time, the company appears to be fairly valued. Targa Resources has a current Real Value of $232.27 per share. The regular price of the company is $227.62. Our model measures the value of Targa Resources from inspecting the company fundamentals such as Shares Outstanding of 214.66 M, return on equity of 0.5, and Operating Margin of 0.20 % as well as reviewing its technical indicators and probability of bankruptcy. Key fundamental drivers impacting Targa Resources' valuation include:
Price Book
17.7552
Enterprise Value
65.4 B
Enterprise Value Ebitda
14.0987
Price Sales
2.7774
Forward PE
24.3309
Fairly Valued
Today
227.62
Please note that Targa Resources' price fluctuation is very steady at this time. Calculation of the real value of Targa Resources is based on 3 months time horizon. Increasing Targa Resources' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Targa Resources' intrinsic value may or may not be the same as its current market price of 227.62, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  227.62 Real  232.27 Target  213.15 Hype  227.92 Naive  226.07
The intrinsic value of Targa Resources' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Targa Resources' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
204.86
Downside
232.27
Real Value
233.86
Upside
Estimating the potential upside or downside of Targa Resources helps investors to forecast how Targa stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Targa Resources more accurately as focusing exclusively on Targa Resources' fundamentals will not take into account other important factors:
Earnings
Estimates
LowProjectedHigh
2.312.462.58
Details
Hype
Prediction
LowEstimatedHigh
226.33227.92229.51
Details
Potential
Annual Dividend
LowForecastedHigh
2.302.332.37
Details
22 Analysts
Consensus
LowTarget PriceHigh
193.97213.15236.60
Details
Traditionally, analysts and sophisticated investors use multiple methods for valuing a cash-flow-generating entity or its stock. For example, some money managers use Targa Resources' intrinsic value based on its ongoing forecasts of Targa Resources' financial statements. In contrast, other private, professional wealth advisors use a multiplier approach by looking to relative value analysis against Targa Resources' closest peers.

Targa Resources Cash

141.5 Million

Targa Revenue by Product

Targa Resources Total Value Analysis

Targa Resources is at this time forecasted to have valuation of 65.37 B with market capitalization of 48.27 B, debt of 14.27 B, and cash on hands of 154 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Targa Resources fundamentals before making equity appraisal based on enterprise value of the company
  Takeover PriceMarket CapDebt ObligationsCash
65.37 B
48.27 B
14.27 B
154 M

Targa Resources Investor Information

About 95.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.23. Targa Resources recorded earning per share (EPS) of 7.42. The entity last dividend was issued on the 30th of January 2026. Based on the key indicators related to Targa Resources' liquidity, profitability, solvency, and operating efficiency, Targa Resources is performing exceptionally good at this time. It has a great risk to report excellent financial results in March.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin0.170.16
Notably Up
Slightly volatile
Total Cash From Operating Activities4.4 B4.2 B
Sufficiently Up
Slightly volatile
Operating Income3.6 B3.4 B
Sufficiently Up
Slightly volatile

Targa Resources Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Targa Resources has an asset utilization ratio of 73.14 percent. This connotes that the Company is making $0.73 for each dollar of assets. An increasing asset utilization means that Targa Resources is more efficient with each dollar of assets it utilizes for everyday operations.
 
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Targa Resources Profitability Analysis

Based on Targa Resources' profitability indicators, Targa Resources is performing exceptionally good at this time. It has a great risk to showcase excellent profitability results in March. Profitability indicators assess Targa Resources' ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2008-12-31
Previous Quarter
625.1 M
Current Value
475.5 M
Quarterly Volatility
276.9 M
 
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As of 02/19/2026, Gross Profit is likely to grow to about 4 B. Also, Pretax Profit Margin is likely to grow to 0.11
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.190.18
Notably Up
Slightly volatile
Operating Profit Margin0.170.16
Notably Up
Slightly volatile
For Targa Resources profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Targa Resources to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Targa Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Targa Resources's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Targa Resources over time as well as its relative position and ranking within its peers.

Targa Resources Earnings per Share Projection vs Actual

The next projected EPS of Targa Resources is estimated to be 2.457675 with future projections ranging from a low of 2.31 to a high of 2.585. Targa Resources' most recent 12-month trailing earnings per share (EPS TTM) is at 7.42. Please be aware that the consensus of earnings estimates for Targa Resources is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Targa Resources is projected to generate 2.457675 in earnings per share on the 31st of December 2026. Targa Resources earnings estimates show analyst consensus about projected Targa Resources EPS (Earning Per Share). It derives the highest and the lowest estimates based on Targa Resources' historical volatility. Many public companies, such as Targa Resources, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Targa Resources Earnings Estimation Breakdown

The calculation of Targa Resources' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Targa Resources is estimated to be 2.457675 with the future projection ranging from a low of 2.31 to a high of 2.585. Please be aware that this consensus of annual earnings estimates for Targa Resources is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.0
2.31
Lowest
Expected EPS
2.457675
2.58
Highest

Targa Resources Earnings Projection Consensus

Suppose the current estimates of Targa Resources' value are higher than the current market price of the Targa Resources stock. In this case, investors may conclude that Targa Resources is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Targa Resources' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2026Current EPS (TTM)
2181.01%
0.0
2.457675
7.42

Targa Resources Ownership Allocation

Targa Resources shows a total of 214.66 Million outstanding shares. The majority of Targa Resources outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Targa Resources to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Targa Resources. Please pay attention to any change in the institutional holdings of Targa Resources as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Targa Resources Profitability Analysis

The company reported the previous year's revenue of 16.63 B. Net Income was 1.55 B with profit before overhead, payroll, taxes, and interest of 6.26 B.

Targa Resources Past Distributions to stockholders

About Targa Resources Valuation

The stock valuation mechanism determines Targa Resources' current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Targa Resources based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Targa Resources. We calculate exposure to Targa Resources's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Targa Resources's related companies.
Last ReportedProjected for Next Year
Gross Profit3.8 BB
Pretax Profit Margin 0.10  0.11 
Operating Profit Margin 0.16  0.17 
Net Profit Margin 0.07  0.07 
Gross Profit Margin 0.18  0.19 
Targa Resources' stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Targa Resources' value is low or high relative to the company's performance and growth projections. Determining the market value of Targa Resources can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Targa Resources represents a small ownership stake in the entity. As a stockholder of Targa, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Targa Resources Dividends Analysis For Valuation

As of 02/19/2026, Dividend Paid And Capex Coverage Ratio is likely to grow to 1.32, though Dividends Paid is likely to grow to (526.3 M). . At this time, Targa Resources' Retained Earnings are relatively stable compared to the past year. As of 02/19/2026, Earnings Yield is likely to grow to 0.04, while Retained Earnings Total Equity is likely to drop (592.3 M).
Last ReportedProjected for Next Year
Dividends Paid-554 M-526.3 M
Dividend Yield 0.02  0.02 
Dividend Payout Ratio 0.44  0.41 
Dividend Paid And Capex Coverage Ratio 1.17  1.32 
There are various types of dividends Targa Resources can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Targa shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Targa Resources directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Targa pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Targa Resources by the value of the dividends paid out.

Targa Resources Growth Indicators

Investing in growth stocks can be very risky. If the company such as Targa Resources does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding221.3 M
Quarterly Earnings Growth Y O Y0.257
Forward Price Earnings24.3309

Targa Resources Current Valuation Indicators

Targa Resources' valuation analysis is a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Targa Resources' valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Targa Resources, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Targa Resources' valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Targa Resources' worth.

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.