Trade Tracker: Kevin Simpson buys Coca-Cola & Cisco and sells Targa Resources
Kevin Simpson, Capital Wealth Planning founder and CIO, joins CNBC's "Halftime Report" to detail his latest trades.
Fiscal Year: January - December
Targa Resources Corp. (TRGP), listed on the NYSE, has a market capitalization of $31.02B. As of May 20, 2025, the stock is trading at $164.63 per share, offering investors a clear view of its current market value. Targa Resources Corp. is a prominent player in the industry sector, attracting both institutional and retail investors due to its performance and potential.
With a P/E ratio of 30.28, investors can assess the stock's valuation in comparison to its earnings. A P/E ratio is a crucial indicator for value investors, showing whether the stock is over or undervalued relative to its current earnings. Targa Resources Corp. also offers a dividend yield of 2.43%, making it an attractive option for income-focused investors who seek regular dividends.
Our Discounted Cash Flow (DCF) analysis reveals that Targa Resources Corp. (TRGP) may be overvalued compared to its intrinsic worth. However, to see the exact DCF fair value, please Login or Upgrade for access.
The proprietary SS Score for Targa Resources Corp. is a unique metric that analyzes the company's financial health and growth potential. The score takes into account critical factors such as revenue growth, net income, free cash flow (FCF) compound annual growth rate (CAGR), the trend of shares outstanding, and the debt-to-FCF ratio. This helps investors to make a more informed decision, as an undervalued stock might still have poor financial fundamentals.
To view the detailed SS Score for Targa Resources Corp., Login or Upgrade for access.
The Price to Free Cash Flow (P/FCF) ratio for Targa Resources Corp. is 55.85, offering insights into how much investors are paying for the company's free cash flow. A lower P/FCF ratio typically suggests that the stock is undervalued, while a higher ratio may indicate overvaluation.
In summary, Targa Resources Corp. (TRGP) has shown consistent financial performance, as illustrated by the financial charts above, which track its revenue growth, net income, free cash flow, and shares outstanding over the past several years. These metrics provide investors with key insights into the company's past and projected future performance. Investors should use the SS Score alongside the DCF Fair Value to make better-informed decisions about whether to buy or hold the stock.
*This analysis is for informational purposes only and does not constitute investment advice. Always read the company's 10-K filings and do your own research before making any investment decisions.
Whether Targa Resources Corp. (TRGP) is a good stock to buy depends on various factors, including its financial health, market conditions, and your investment strategy. Our analysis indicates that the stock may be overvalued compared to its intrinsic value. However, it is important to assess the SS Score and review the company's fundamentals before making any investment decisions.
The fair value of Targa Resources Corp. (TRGP) is determined through our Discounted Cash Flow (DCF) analysis. This value represents the intrinsic worth of the stock based on its expected future cash flows. To view the specific fair value, consider subscribing to our service for complete access.
The SS Score is a proprietary financial quality metric that assesses factors such as revenue growth, net income, free cash flow growth, and debt levels. It helps investors evaluate the overall financial health of Targa Resources Corp.. To access the full SS Score, consider upgrading your subscription.
Targa Resources Corp. is a significant player in the industry sector, with a market capitalization of $31.02B and a competitive P/E ratio of 30.28. Investors should compare these metrics with industry peers to gauge whether Targa Resources Corp. is outperforming or underperforming within its sector.
Targa Resources Corp. (TRGP) Q1 2025 Earnings Call Transcript
HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported first quarter 2025 results.
HOUSTON, April 10, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its board of directors has declared an increase to its quarterly cash div...
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Targa Resources Corporation, a $43.5 billion market cap gas midstream company focused on NGLs, offers a dividend yield of $3.00/share (1.5%) with an expected increase to $2.00/share (2.0%). The compan...
Infrastructure portfolio remained flat in Q4 but achieved its strongest calendar year in three years, outperforming its benchmark. Rising interest rates impacted REITs and utilities, while natural gas...
HOUSTON, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced today the pricing of an underwritten public offering (the “Offering”) of $1.0 billion...
HOUSTON, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("TRGP" or the "Company" or "Targa") has filed its Form 10-K with the Securities and Exchange Commission (SEC) for the yea...
Targa Resources Corp. (NYSE:TRGP) Q4 2024 Earnings Conference Call February 20, 2025 11:00 AM ET Company Participants Tristan Richardson - Vice President, Investor Relations & Fundamentals Matt Meloy...
HOUSTON, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported fourth quarter and full year 2024 results.
Doug Rachlin, Neuberger Berman senior portfolio manager, joins 'Squawk on the Street' to discuss the opportunity set for the firm's energy transition and infrastructure strategy.
HOUSTON, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced its quarterly dividend on common shares with respect to the fourth quarter of 2024.
President Joe Biden's remaining days in office are dwindling, but one last-minute decision of his could have a major impact on the energy market that will linger long past January 20, 2025.
U.S. natural gas prices are on fire this month, surging by about 50% to reach $3.40 per million British thermal units as of Nov. 21, the highest level in over a year.
TRGP's price performance over the last several months has been incredibly strong, pushing it out past my price target for 2026. The new growth projects announced by the company will likely cause the c...
HOUSTON, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at ...
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Targa Resources Corp (NYSE:TRGP) Q3 2024 Results Conference Call November 5, 2024 11:00 AM ET Company Participants Tristan Richardson - IR Matt Meloy - CEO & Director Jen Kneale - President of Financ...
HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported third quarter 2024 results.
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Below estimates were sourced from SimplyWallSt and are intended for educational purposes only as a baseline for the analysis.
Year | FCF Estimate | % | # Analysts |
---|---|---|---|
2025 | 863.54M | Analyst x5 | |
2026 | 1,547.90M | 79.25% | Analyst x5 |
2027 | 2,152.31M | 39.05% | Analyst x4 |
2028 | 2,298.00M | 6.77% | Analyst x1 |
2029 | 2,576.00M | 12.10% | Analyst x1 |
2030 | 2,734.04M | 6.14% | Est @6.1% |
2031 | 2,868.35M | 4.91% | Est @4.9% |
2032 | 2,984.73M | 4.06% | Est @4.1% |
2033 | 3,081.05M | 3.23% | Est @3.2% |
2034 | 3,168.40M | 2.84% | Est @2.8% |
Below are the FCF estimates with the discount factor and the calculated present value with the terminal value that led the results above.
Year | FCF | Discount Factor | PV of Future FCF |
---|---|---|---|
2023A | 826.20M | 1.00 | 826.20M |
2024A | 683.90M | 1.00 | 683.90M |
2025E | 863.54M | 1.09 | 792.37M |
2026E | 1.55B | 1.19 | 1.30B |
2027E | 2.15B | 1.29 | 1.66B |
2028E | 2.30B | 1.41 | 1.63B |
2029E | 2.58B | 1.54 | 1.68B |
2030E | 2.73B | 1.68 | 1.63B |
2031E | 2.87B | 1.83 | 1.57B |
2032E | 2.98B | 1.99 | 1.50B |
2033E | 3.08B | 2.17 | 1.42B |
2034E | 3.17B | 2.36 | 1.34B |
Terminal | 50.10B | 2.36 | 21.20B |
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