Targa Resources Corp. Stock Price and Value Analysis

Should you buy Targa Resources Corp. stock? (NYSE:TRGP). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantages
  • This company is solid.
  • This company has amazingly consistent growth!
  • This stock looks overpriced.
  • This company is not making money.
  • This company has a low dividend yield.

Inside the TRGP Numbers

TRGP Price
(Targa Resources Corp. stock price per share)
$37.75
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PE Ratio versus Sector 338% higher than other Energy stocks
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PE Ratio versus Industry 52% higher than other Oil & Gas Midstream stocks
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Cash Yield 10.31%
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Free Cash Flow Jitter 7%
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Dividend Yield 1%
Shares Shorted 2,912,834

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 2,912,834 shares shorted. With 224,344,113 shares available for purchase and an average trading volume over the past 10 trading days of 1,588,925, it would take at least 1.833 days for all of the short holders to cover their shorts.

Is Targa Resources Corp. Stock on Sale?

Based on our analysis, we believe that you should not buy Targa Resources Corp. right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

Should You Buy TRGP Stock?

Does Targa Resources Corp. have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.