Quarterly EPS analysis of Targa Resources, Inc. (NYSE:TRGP)

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Quarterly Sales and EPS Roundup:

Targa Resources, Inc. (TRGP) reported sales (ttm) of 7.36 Billion, whereas, 5 number of analysts estimated the mean sale of 2061.93 million. The analysts estimated sales for the higher end at 2237.58 million and lower end at 1890.29 million while the year ago reported sale was 1980.83 million.

5 number of analysts have estimated the sales of the company for the quarter, analysts estimated mean sale target of 2340.39 million while high and low sale targets are estimated at 2481.69 million and 2233.57 million respectively.

Targa Resources, Inc. (TRGP) reported earning per shares for the quarter ending May 04 BMO, whereas, 15 number of analysts estimated the mean EPS at -0.07. The analysts estimated EPS for the higher end at 0.07 and lower end at -0.19 while the year ago reported earnings per share was 0.04.

The company has mean EPS estimate of 0.03 reported by 14 number of analyst for the quarter ending Current Qtr.(Jun2017). The analysts estimated mean EPS at 0.03 while the high and low EPS estimate stand at 0.17 and -0.12 respectively. In contrast to the year ago quarter EPS was at 0.1.

Valuation Ratios of Targa Resources, Inc. (TRGP) versus the Industry and Sector:

Let’s have a look at some of the important valuation ratios of the Targa Resources, Inc. (TRGP). These ratios are important while doing valuation of the company or the shares of the company.

Targa Resources, Inc. (TRGP) currently has P/E (Price to Earnings) ratio of 0 while the company’s industry has 33.42 P/E and the sector P/E is 16.91. Similarly, the company’s last 5 years high P/E ratio is 57.97 and low P/E is 24.88, whereas, the industry’s and sector’s  high P/E for the past year is 117.48 and 26.46 respectively and low P/E ratio for the last 5 years is 10.57 for the industry and 10.18 for the Sector.

Beta is also an important valuation ratio for analyzing the stock of the company, TRGP has Beta of 2.24 while its industry and Sector’s beta remains at 0.97 and 0.79 respectively.

Price to Sale ratio of TRGP stands at 1.27 while Price to Book Ratio stands at 1.5. Its Price to Cash Flow ratio shows the value of 25.31, whereas, the industry and sector ratio of Price to Cash Flow ticked at 21.53 and 9.93 respectively.

5 Year Growth Rate Analysis:

Growth rates are very important while analyzing the long term growth and valuation of a certain company.

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of Targa Resources, Inc. (TRGP) stands at -0.88 while the industry’s and the sector’s growth for next 5 years ticked at 1.72 and -7.87 respectively. The company’s 5 year Earnings per share growth and Capital Spending growth remains at 0 and 11.11.

Targa Resources, Inc. (TRGP) Trading Statistics:

The company declined -2.44% and closed its last trading session at $43.51. The market capitalization of the company is at $9.08 Billion. The stock touched 52-week High of $61.83 on 02/07/17 and 52-week Low of $35.35 on 08/03/16. The stock currently has Weekly Volatility of 3.35% and Monthly Volatility of 2.79%. The Beta for the company stands at 2.24 and its Average True Range (ATR) shows a value of 1.32.

 

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