Targa Resources Corp. (NYSE:TRGP) will report its next earnings on Feb 23 – Feb 27 (Est.). The company reported the earnings of $-0.23/Share in the last quarter where the estimated EPS by analysts was $-0.06/share. The difference between the expected and actual EPS was $-0.17/share, which represents an Earnings surprise of -283.3%.
Many analysts are providing their Estimated Earnings analysis for Targa Resources Corp. and for the current quarter 15 analysts have projected that the stock could give an Average Earnings estimate of $0.08/share. These analysts have also projected a Low Estimate of $-0.19/share and a High Estimate of $0.47/share.
In case of Revenue Estimates, 8 analysts have provided their consensus Average Revenue Estimates for Targa Resources Corp. as 1.93 Billion. According to these analysts, the Low Revenue Estimate for Targa Resources Corp. is 1.62 Billion and the High Revenue Estimate is 2.4 Billion. The company had Year Ago Sales of 1.65 Billion.
These analysts also forecasted Growth Estimates for the Current Quarter for TRGP to be -83.3%. They are projecting Next Quarter growth of 33.3%. For the next 5 years, Targa Resources Corp. is expecting Growth of 10.9% per annum, whereas in the past 5 years the growth was 24.39% per annum.
Some buy side analysts are also providing their Analysis on Targa Resources Corp., where 4 analysts have rated the stock as Strong buy, 5 analysts have given a Buy signal, 11 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 18 Analysts reported that the Price Target for Targa Resources Corp. might touch $68 high while the Average Price Target and Low price Target is $51.06 and $45 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. Targa Resources Corp. got Upgrade on 3-Nov-16 where investment firm Stifel Upgrade the stock from Hold to Buy.
Targa Resources Corp. closed its last trading session at $48.59 with the gain of 9.67%. The Market Capitalization of the company stands at 9.64 Billion. The Company has 52-week high of $54.12 and 52-week low of $14.55. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 9.42% where SMA50 and SMA200 are 11.86% and 36.18% respectively. The Company Touched its 52-Week High on Nov 22, 2016 and 52-Week Low on Feb 11, 2016.
The Relative Volume of the company is 6.97 and Average Volume (3 months) is 2.03 million. Targa Resources Corp. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 261.23.
The company shows its Return on Assets (ROA) value of -0.5%. The Return on Equity (ROE) value stands at -1.6%. While it’s Return on Investment (ROI) value is 1.5%.
While looking at the Stock’s Performance, Targa Resources Corp. currently shows a Weekly Performance of 2.82%, where Monthly Performance is 21.39%, Quarterly performance is 24.77%, 6 Months performance is 27.66% and yearly performance percentage is 54.91%. Year to Date performance value (YTD perf) value is 119.37%. The Stock currently has a Weekly Volatility of 5.27% and Monthly Volatility of 4.40%.